European (Avrupa) Free Zone, also known as ASB, was founded by Kemal Şahin, and its operator is a company of his Şahinler Holdings, a successful textile and fashion group. It has seen rapid growth since its inauguration in 2003, not only through the textile sector but also in the areas of electronics, automotives, high-tech, and telecommunications, among others.
Its location in Tekirdag in northwestern Turkey gives it natural links with European countries and a strong maritime logistics position. Tekirdag is an industrial centre on the Black Sea and well-connected with Istanbul, which is just a short drive away. The region is one of the production centres of Turkey, and ASB has leveraged that by using its status as a private free zone to attract top-flight investors from Europe and Asia, offering competitive land prices and service and utilities costs that are highly attractive for companies looking to export to the European market.
The zone is distinguished by a dynamic leadership with a proven track record in industry and innovation, and with an annual trade volume over $2 billion USD and a vision for developing high-end industries and industry 4.0, ASB is likely to be at the vanguard of the Turkish economy in the coming years.