Privatization of Petkim (Turkish Petrochemicals Corp.) – Prime Ministry, Privatization Administration

Country

:

Turkey
EuropeAid

:

Start Year

:

1988
End Year

:

1989
Beneficiary

:

Petkim Petrokimya A.Ş.
Consortium

:

Samuel Montagu (UK), Türk Ekonomi Bankası (TR), Price Waterhouse (UK), John Brown (UK), ANKON (TR)
Budget

:

Financing

:

Petkim Petrokimya A.Ş.
Working Area

:

Public Sector Development
Service Area

:

Institution Building and Restructuring

ANKON was commissioned as the Turkish Management Consulting Firm assisting Price Waterhouse Management Consultants (London), to identify, develop and implement an Institutional Strengthening Program for Petkim – the Petrochemical Holdings Corp. – and for its subsidiaries, ALPET and YARPET Complexes for Privatization. The assignment covered developing and implementing improved Marketing Management, effective Financial Information / Decision Support Systems and an efficient Organization and Management structure to increase Petkim’s international competitiveness and to attract better options for Privatization. We also worked closely with Samuel Montagu (London), Türkiye Ekonomi Bankası (Istanbul) and John Brown (London) on this assignment.