Pioneer in the segment, leading and respectable global company.
What does it mean to be a global company ?

In any part of the world, able to adopt the circumstances of the region

    To be Able to perform sales, marketing and production
    Customer oriented
    Motivating the employees
    Respectable to human and environment
    Yield on capital for the shareholders and add value for society
    Environmentally concious
    Cooperating on mutual benefits
    Shaping future with courage


OUR MISSION

Applying contemporary management systems, offering high quality products and services to the customers of copper conductive and creating a profitable company for the shareholders.

HİSTORY

A. Nuri ERİKOĞLU had previously been hand-crafting home-purpose copper products such as boilers, braisers, trays in Denizli Kale İçi Coppersmiths' Bazaar, but had foresaw the future change in copper's area of use. With the entrepreneurial spirit he took up by commencing industrialism in the 1960s, he established ER-BAKIR in 12 March 1981, located at the Street 665 12/14 in the first industrial site of Denizli, to produce the copper wires in electric cables used almost all areas today.

Having served only as a fractional workshop in its early years, from 1983 onwards ER-BAKIR has shifted its area of investment to what it is today. In the year 1984, a partnership under the name ER-BAKIR was formed with Cafer Sadık ABALIOĞLU, who is both a close friend and the father-in-law of A. Nuri ERİKOĞLU, and a respected name among the industrialists of Denizli.

With the material, moral and knowledge support of ABALIOĞLU and ERİKOĞLU families, ER-BAKIR has took up an unstoppable rise which still continues today. As a result of this progress:

    Our wire rod production which began in 1985 with a monthly production of 32 tons, continues today with an annual production of 200,000 tons.
    Following our first step in world trade by our first export to IRAQ and IRAN in 1985, today we are exporting to 30 technologically advanced countries.
    After taking into service our first wire drawing machine and the raffination department in 1986, we have opened our first Istanbul office to get closer to our clients, we have been continuing with CNWIRE in the USA as of 1998 and with CNR ROMANIA as of 2000.
    Holding on to this principle, our company has been determining the needs of its customers, and has established a wire drawing machine for the first time in the year 1986. Our initial investment of four machines has been growing with our continuing investments today.
    The Waste Water Treatment Plant we have established in the year 1992 has been in service without any disturbances since then.
    Aware that advancement comes with systems, our company has acquired the TSE ISO En 9002 KYS Certificate in the year 1996. The ISO 9000: 2000 Certificate we have obtained in the year 2003 is still in effect.
    In the year 1997 the continuous casting plant renovation project had begun, and in the year 1999 our New Continuous Casting Plant was put in service.
    As a consequence of its continuous growth, ER-BAKIR has decided to produce for the automotive industry as well, and qualified for the QS 9000 TS Certificate in the year 1999. After ISO has broadened its scope, the certificate was renamed as ISO TS 16949, and in the year 2005 ER-BAKIR has qualified to use the certificate with its updated name and scope.
    The total quality operations that have begun in the year 2000 by the signing of the UKH Good-Will Declaration has gained us our first success in the year 2005. An assessment by KALDER Izmir Office, ER-BAKIR was given the "Grand Quality Award" in the conglomerates category.
    In the year 2002 the ISO 14001 Environmental Management Certificate and OHSAS 18001 Employee Health and Work Safety Systems Certificate were acquired. These certificates are still in effect as of 2011.
    In a research conducted by the American company Hewitt-IDE in 2007 covering 12,000 employees in 32 different companies, our company was placed as the fifth best company worth working for.





MARKET COMMENTARY 

Commodities ended higher over the course of November, with the 19-commodity Reuters-Jefferies CRB index finishing up 1%. The modest rebound was largely due to a pick-up in oil and copper, with energy rising for the first month since August on escalating Mid-East tensions, while copper rallied on better macro numbers coming out of the US and China. Many of the ags remained weak; wheat suffered its largest two-month decline in a year, while soybeans and corn both fell for a third and fourth straight month, respectively. The precious metals group finished higher over the course of the month, although a round of heavy selling hit the complex hard this week. The dollar finished down against the Euro, but gained ground against a plummeting yen. US equity markets ended the month almost flat after an eight-day loss following the presidential elections finally ran its course. US bond prices continued to gain ground over the course of November, as did a host of European sovereigns.

Copper prices worked lower over the first half of November, testing key support at $7500 before bouncing off it to finish the month at its highs. We now are trading above the $8000 mark for the first time in six weeks, as two variables are prompting the push higher. The first is cautious optimism that a fiscal cliff agreement in the US would be reached, while more importantly, we are getting better macro numbers from both China and the US. In China's case, there has been a modest uptick in manufacturing and other economic readings, prompting some to conclude that the Chinese economy has bottomed out. In addition, there are expectations that the new government will make major policy announcements on both interest rates and future stimulus projects imminently. In addition, most analysts now believe that the copper market will be in surplus next year, reversing years of deficits. Despite the mixed signals, most of investors suspect the market will move higher over the next several weeks and would not rule out a test of $8300 on the upside, while on the downside, good support at $7670 should hold.

London copper steadied in this morning after five days of gains fuelled by hopes that U.S. lawmakers would forge a last minute deal to avert a budget crisis, building on optimism over accelerating growth in top consumer China. Easing uncertainty over the U.S. fiscal cliff -- $600 billion in tax hikes and spending cuts which threaten to push the U.S. economy back into recession -- had helped improve sentiment towards metals. "The fiscal cliff is still the big one, if people feel that progress is going made then we should move higher," said Singapore-based analyst Ivan Szpakowski at Credit Suisse.

Three-month copper on the London Metal Exchange edged down 0.25 percent to $8,055 a tonne by 0335 GMT, reversing gains from the previous session when it hit its highest since Oct.19. Copper prices have increased for the past five sessions, adding to a rise off two-and-a-half month lows reached on Nov 9. Prices are up 6 percent so far this year.

Republicans in Congress and President Barack Obama consumed much of Wednesday talking up their positions on the fiscal cliff, with Obama saying a deal could be reached in a week if his opponents would compromise on taxes. "Everyone knows that the fiscal cliff issue will be resolved... top that with a weaker USD and technicals looking good. Copper has all the chances to keep on going," said a trader in New York. Metals prices have also firmed on signs demand is improving in top consumer China, despite record stockpiles.

"The consensus on China has improved. Strong China PMI has been supportive. We have some more figures on Sunday that could have an impact on Monday," Szpakowski added. China's industrial production and inflation figures will be announced on Sunday. Annual growth in China's factory output, investment and retail sales may have gained pace in November thanks to recent pro-growth policies, a Reuters poll showed, reducing the chances for further policy support as inflation picks up. Also supporting metals, the euro held its ground in early Asian trade after slipping from a seven-week high against the dollar in the previous session, as investors awaited a European Central Bank policy meeting. Euro zone GDP data will be released later in the session and the U.S. jobs report for November will be released on Friday.


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