Cokyasar Albania Steel Wire Plant Begins Production
Turkey’s Cokyasar Holding has begun manufacturing steel wire at its new operation, Cokyasar Wire Industries (CWI), in Albania. The Cokyasar Albania steel wire plant expands the group’s European footprint and supports growing regional demand for high-quality steel wire products.
The new facility can produce up to 45,000 metric tons of steel products each year. CWI manufactures zinc-aluminum coated steel wire and standard galvanized steel wire from 1 mm to 5.50 mm, meeting international quality standards. The plant currently employs about 60 people, and because the site is designed to grow, the workforce can increase as production expands.
Product Range and Target Sectors
CWI supplies steel wire products to a broad mix of sectors, including: energy, automotive, construction, agriculture, gabion manufacturers, and security applications. This diverse customer base helps stabilize demand and positions the plant as a key regional supplier.
Cokyasar Holding’s decades of experience in steel wire production will help CWI Albania continuously improve product quality and increase capacity. As the site ramps up, customers in Europe and the Balkans gain a closer, more responsive supply source.
Cokyasar Holding’s Growth and Export Strength
Founded by Ahmet Cokyasar in 1973, Cokyasar Holding has grown into a major player in the global steel wire market. Despite the challenges of the 2020 pandemic, the company produced 180,000 metric tons of steel wire products at its three modern plants and reported revenues of US$150 million.
Today, Cokyasar ranks among the top 500 exporters in Turkey, shipping about 70% of its production to more than 80 countries. The group also stands out as a significant employer, with a workforce of over 1,000 staff across its operations.
Strategic Investment for Europe and the Balkans
“We are going on our investments despite the global pandemic problem,” said Erman Korkusuz, CEO of Cokyasar Holding. He described CWI as a strategic investment for European and Balkan markets, where demand for quality steel wire continues to rise.
Korkusuz expressed pride that a Turkish company can meet this regional need and noted strong customer interest since the plant’s launch, confirming the decision to invest in Albania. He added that Cokyasar plans to accelerate additional international investments based on CWI’s success and thanked his team for their contribution to the new facility.
