Okan ERDEVE
General Coordinator
ECF Mühendislik
2021 is a year that we do not want to be remember in our business life and in our company. We witnessed the step-by-step disappearance of many values that we created with effort and devotion, due to reasons beyond our control. This was the darkest picture for us. The most beautiful picture, on the other hand, was us standing together and resisting this trend as a team and a family, with patience and faith. In the end, what we lost was only our equity capital, and that is replicable. The important thing was the continuation of the team and family spirit. Despite all the negative economic developments, we managed to turn this crisis in our favor towards the end of the year with the decisions we made and implemented as a company and started 2022 with high motivation and determination, without looking back, but taking note of some lessons. I would like to take this opportunity to thank all our employees and employers. Although it seems like a lost
year, we continue to work, knowing that the effects may last for much longer than that and that recovery may also take a long time.
The year 2021 was a real rollercoaster. If we look around the world, we see how badly the leaders and cadres of many large and developed countries, managed the crisis with panic, how many countries that are taken as an example for democracy and human rights could use force against popular uprisings and protests in this crisis, how selfish they can be about vaccine distribution, and how the Middle East, Afghanistan, Africa, and some other countries were left alone and uncontrolled with helplessness and uncertainty. All these developments unfortunately led to very important economic uncertainties. Disruption of supply chains in Europe, fall in production indices, an upward trend in inflation, and China’s efforts to supply some energy resources at a high level as a result of recovery efforts caused the decentralization of many balances, such as rising energy costs, which had major economic consequences. These effects sadly continue. While these effects in the world continue, the constantly changing decisions taken in economic management on the most important issues in our country and the consequences of these decisions caused destruction in the free market.
As a team, we gave up many of our comforts and continued to work with determination
As I said before, the year 2021 did not go as we wished. The traumas it created still affect us. Despite all that, as a team, we gave up many of our comforts and continued to work with determination. In the end, we did not reach our target, but we did not stay where we started. The most important thing is that as the ECF family, we continued our cooperation as a team without any support from the state or from outside. We managed to protect our fixed assets, increased our credibility, started to regain our lost equity, have produced many small and large projects, took part in the process of important domestic and foreign projects, and have improved our engineering and techniques. In 2022, with the realization of these previous projects, we will start contracting and panel manufacturing works.
Our only goal for 2022 is continuity, and regaining our previous working and production performance. As you know, we are a company that provides contracting services on Industrial Electrical Systems and manufactures Panels under the industrialist status in Anadolu OIZ with the license of ABB Elektrik company. As a contracting company, we signed a contract for the investment of the MEDCEM Cement Project, which we took part in the establishment in 2015 and whose II. line investment is still ongoing, and we started working with our field mobilization unit. One of our most important goals is to ensure that the MEDCEM Cement plant, which has always had a special place in our hearts, is completed in a timely manner. In terms of panel manufacturing, the development and project design of many domestic and international projects continues. At the moment we have made several agreements. If we don’t experience problems with procurement, which is the most important strategic issue of this year, we will start production in February. Our goal this year is to close last year’s deficit as soon as possible and be involved in important domestic/foreign projects for the mining industry. Next February, we are planning to sign a very important project abroad that we have been involved in for about eight months.