Migros

Istanbul, Turkey Founded: 1954 • Age: 72 yrs
Grocery and general merchandise retail services are provided through stores.
Annual revenue $8.3B Latest available
Total funding - 3 rounds
Employees 53330 Tracked headcount
Investors 1 Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

About Migros

Migros is a company based in Istanbul (Turkey) founded in 1954. It operates as a Direct-to-Consumer (D2C). The company has 53,330 employees as of December 31, 2024. Migros has completed 1 acquisition, including Makro Market. Migros offers products and services including Grocery Retail.

  • Headquarter Istanbul, Turkey
  • Employees 53330 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Migros Ticaret A.S.
Operational Areas
Retail → Consumer & Fashion Retail Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.31 B (USD)
    12.07
    as on Dec 31, 2024
  • Net Profit
    $179.29 M (USD)
    -50.26
    as on Dec 31, 2024
  • EBITDA
    $24 M (USD)
    0
    as on Dec 31, 2024
  • Latest Funding Round
    $29.21 K (USD), Grant

    Sep 01, 2020

  • Investors
  • Employee Count
    53330

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Migros

Migros is a publicly listed company on the BIST with ticker symbol MGROS in Turkey, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: BIST · Ticker: MGROS · Sector: Retail trade · Turkey

Products & Services of Migros

Migros offers a comprehensive portfolio of products and services, including Grocery Retail.

Product name locked
Category locked
Primary

Grocery items are sold through widespread retail stores.

People of Migros

Headcount 10000+
Employee Profiles 181
Employee Profiles
People
Omer Lutfi Karagoz
Network, System And Security Infrastructure Director
People
Ferit Cem Doğan
CFO
People
Cüneyt Taşpek
Chief Sales Officer
People
Eda Mahmutçepoğlu
Specialist Pl/sql Developer

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Funding Insights of Migros

Investors in Migros

Migros has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Migros

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Migros

Migros has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Makro Market.

Investments
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Investment portfolio details for Migros

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Discounts on multi-category products are provided via an online platform.
Locked Locked 1991 Locked
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Complete acquisition details for Migros

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Migros

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Detailed financials for Migros

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Migros Comparisons

Migros Primary company
Description
Grocery and general merchandise retail services are provided...
Location
Istanbul, Turkey
Founded Year
1954
Annual Revenue
$8.31 B (USD)
Net Profit
$179.29 M (USD)
EBITDA
$24 M (USD)
Employees
53,330
As of 2024
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Peer comparison for Migros

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Migros

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Detailed competitors of Migros

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Migros

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Complete news archive for Migros

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Migros

Migros was founded in 1954 and raised its 1st funding round 63 years after it was founded.

Migros is headquartered in Istanbul, Turkey.

Ozgur Tort is the current CEO of Migros.

As of Dec 31, 2024, the latest employee count at Migros is 53,330.

Annual revenue of Migros is $8.31B as on Dec 31, 2024.

Migros is established as a prominent food retailer in Turkey, focusing on creating value-driven services in everyday life. Innovative solutions are provided to enhance speed, convenience, and value for customers. The company operates in the retail sector, aiming to be the trusted and preferred choice for shopping experiences. Sustainability is integrated into the core business model, with initiatives for a healthier society and planet being prioritized.

Migros offers Grocery Retail.

Yes, Migros is publicly traded on BIST under the ticker symbol MGROS.

Migros has made 1 acquisition, including Makro Market.

Migros has 1 investor. Key investors include European Union.

The ticker symbol of Migros is MGROS on BIST.

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