Bim (company)

Turkish multinational discount supermarket company

BİM Birleşik Mağazalar A.Ş.

Company type| Anonim Şirket

Traded as

| BİST: BIMAS
Industry| Discount store
Founded| 1995; 30 years ago (1995)
Headquarters|

Turkey

Number of locations

| 12,482 shops (Turkey)[1]
687 shops (Morocco)[1]
356 shops (Egypt)[1]

Area served

| Turkey \- Morocco \- Egypt

Key people

| Mustafa Latif Topbaş (Chairman)
Products| Basic food items and consumer goods
Revenue|  US$14.84 billion (2024)[2]

Operating income

|  US$151.4 million (2024)

Net income

|  US$531.8 million (2024)
Total assets|  US$6.73 billion (2024)
Total equity|  US$3.38 billion (2024)

Number of employees

| 86,647 (2023)[2]
Subsidiaries| File
Website| bim.com.tr

BİM Birleşik Mağazalar A.Ş. (BİM for short) is a Turkish retail company, known for offering a limited range of basic food items and consumer goods at competitive prices. Bim were the pioneers of this discount store model in Turkey.

## Business and activities

[edit]

Bim A.Ş. was founded in 1995[3] by a group of investors around Cuneyd Zapsu. Zapsu sold his shares to the investment bank Merrill Lynch in 2000. Today, the main shareholder is Mustafa Latif Topbaş.[4] At the beginning, BİM had only 21 stores, but it expanded thoroughly and by the end of 2015 it counted 4972[5] and 2019, 7438 stores [3] by the third quarter of 2021, the company operated 10.330 stores. BİM does not offer franchises, all stores are owned and operated by the company itself,[6] and they are viewed as a competition to the many independent neighborhood stores. The business model is inspired by the German discounter ALDI.[4]

It also operates 733 stores in Morocco[3] and 300 in Egypt.[3] In 2005 44.12% of its shares were offered to the public.[7]

## References

[edit]

1. ^ a b c "Bim".
2. ^ a b "Şirket çalışanlarının sayısı" (PDF).
3. ^ a b c d "Bim A.Ş. > Welcome..." english.bim.com.tr. Retrieved 2020-08-31.
4. ^ a b "BIM rings the changes for Turkey's shoppers". www.ft.com. 2010-10-05. Retrieved 2020-08-31.
5. ^ BİM Records Growth Of 21% For 2015European Supermarket Magazine Retrieved 2016-03-13
6. ^ "Bim A.Ş. | Frequently Asked Questions". english.bim.com.tr. Retrieved 2015-10-03.
7. ^ "Untitled Document". Archived from the original on 2015-10-04. Retrieved 2014-06-29.

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