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1. Arçelik Dealer Meeting,
İstanbul (April 12, 1966)
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Institutionalization efforts constitute one of the most important stages in the development of the Koç Group. In 1938, realizing that personal companies did not survive for long, Vehbi Koç organized his business enterprises as a corporation and founded Koç Ticaret Anonim Şirketi (Koç Trade Inc.). This corporation in time became the root and center of developments that generated the enterprises making up the Koç Group. An important and pioneering practice in this Corporation was employee and manager participation in overall management which was later adopted as a principle by the Group. |