By the directive of Mustafa Kemal Atatürk’s far-sightedness that gives direction to the future, Etibank was founded in 1935 for the industrialization of Turkey, to carry out natural resources and financial organizations together. With the restructuring in 1998 it was named Eti Holding A.Ş. And with the restructuring in January 2004, it was named Eti Maden İşletmeleri Genel Müdürlüğü (Eti Mining Operations General Directorate) Eti Maden has committed to make use of the boron which 73% of the world reserve is possessed with the most efficient methods and to supply them to international markets.
