Capital Magazine – December 2023

M. Evren Baturalp, the founder and chairman of the board of Euroturk Freight, a company synonymous with international transport and customs clearance in the United Kingdom, states that they are one of the few companies that have successfully integrated logistics with technology. They grew above the industry average last year, and Baturalp says they will achieve their growth targets this year, adding, ‘We plan to go public in the future.’

Euroturk Freight, an international freight forwarding company, was established in 2005 in the Cambridgeshire region of England. Founded by M. Evren Baturalp, the company provides customs and transit (t1/t2) declaration services, transit trade, sea (fcl & lcl), and air consolidations, and international transportation services between European countries. Baturalp mentions that their headquarters are in England, and they provide services in three different locations in Turkey, including Istanbul, Bursa, and Izmir. Baturalp, who states that they have become a brand associated with the United Kingdom, says, ‘Our Turkey offices provide mainly logistics services, while our main center in England is more focused on customs and transit declaration processes.’ Baturalp explains his company and new investment plans as follows:

‘SOLUTION PARTNER’ ‘Our company, while offering every kind of solution partnership related to international and domestic transportation, also provides services in the UK in customs, transit declaration processes (T1/T2), import/export transportation, and storage. With Brexit, we can provide new customs document requirements like ENS-EXS / SSD, GMR, GVMS from all ports in the United Kingdom. We also offer a wide range of services to European and Turkish exporters/importers and international transport companies, including customs procedures on the import side in the UK and Ireland, IPR, OPR, customs area / ERTS area entry/exit customs declarations, CFSP, and T1/ T2 continuation transit declarations.

‘For exports, we offer export declarations and transit procedures from bonded areas to England, Scotland, Wales, Northern Ireland, and Ireland, as well as T1/T2 transit processes. We can easily provide TIR Carnet, CMR procedures, certificate of origin, and EUR1 document processes. Moreover, we are the only company in Dover, the busiest land transport customs port in England, that can issue certificates of origin.

‘AEO CERTIFICATE’ ‘One of the most important features that distinguish us from other companies in the customs sector in the United Kingdom and Ireland is that we have the AEO (UK Authorised Economic Operator) certification approved by official authorities. Being the first and only Turkish-origin company with this certification, we have positioned ourselves quite differently in the sector. In terms of logistics activities, the innovations and technological advancements our company has made have moved us to a different position compared to our competitors. Supporting our entire fleet with Eurostar 6 vehicles, enhancing the tracking of our trucks and trailers with modern technological equipment, and being supported by R&D studies to reduce environmental pollution to a minimum under green energy initiatives have made us one of the few companies that successfully combine logistics with technology.

‘SUSTAINABLE GROWTH’ ‘Last year, our company recorded growth above the industry average. Our financial data for 2022 showed a 68% growth compared to the previous year, while our projected financial data for 2023 shows a 120% increase in net profitability compared to 2022. In short, we are continuing with stable growth over the years in line with our targets. Our revenue expectations are a return on the investments we have made over time. Therefore, we are moving forward with confident steps, aiming for corporate growth along with rational growth.

‘GOING PUBLIC TARGET’ ‘With our Euroturk Freight headquarters in England and our offices in Turkey, we have short, medium, and long-term strategic plans both sectorally and socially. In the short term, we aim to increase our transit declaration guarantee as a UK customs tariff to 200 million GBP, and in the long term, we plan to raise our guarantee to even higher figures. We aim to open customs and transit offices in European countries other than Ireland to bring our company to a level where it can compete with European companies. Our state-subsidized work in sustainability and climate will continue to bring us to the forefront in social responsibility. Regarding the integration of innovation and technology with the logistics sector, we continue to minimize damage and risks by modifying artificial intelligence and autonomous systems into our next-generation vehicles. In the medium and long term, we plan to renew our entire fleet with electric vehicles and reduce carbon and filter emissions to zero. In the long term, we intend to start our public offering process by combining these investments with our innovative and green transportation slogan.’

‘CONTINUING TO INVEST’

‘EFFECTIVE GROWTH’ ‘As a company that aims to develop and improve as part of our corporate culture, we are at the forefront of effective growth. In this context, we continue our investments in Turkey’s warehouse areas. As a result of our investments in Ireland, we can easily perform customs procedures at all border gates and ports. We can get results in a very short time by renewing our existing infrastructure and ERP technology and prioritizing processes in UK customs areas. This situation prevents significant losses of time for our stakeholders.

‘SOCIAL RESPONSIBILITY’ ‘In addition, our initiatives with official institutions in the UK to prevent international smuggling and illegal immigration continue. We plan to implement our patented trailer alarm systems soon. In doing so, we aim to be pioneers in the sector by encouraging our commercial competitors in the industry to use this system, under social responsibility.

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