HISTORY
 
PHILOSOPHY OF FOUNDATION

Deva was founded in 1958 with the aim of collecting small savings to form a capital of a large company and to direct these savings towards industrialization of Turkey.
The target of Deva project was to be a leader and a model in fast accumulation of capital, to direct this potential to industrial development of Turkey with investments requiring high capital, finally to provide a higher standard of living by passing over the profits to the public.
Founded with this main principle, Deva initially invested in the pharmaceutical industry.

A COMPANY OPEN TO THE PUBLIC

Deva was founded on September 22 nd 1958 by 27 shareholders with an initial capital of 500.000 TL. This was realized with 22 founders joining the 5 initial entrepreneurs. In 1959 the General Assembly increased the capital to 10 million TL. While the activities on the pharmaceutical production was carried on, the new shares were sold to the new shareholders the number of which reached to 1500. Finally in 2000 the capital of Deva was increased to 16 trillion TL. These new shares were also sold out in a very short time and the number of shareholders all over the country was increased to 20.000.

EVOLVING INTO A HOLDING
Various activities on the pharmaceutical industry and on other fields were a result of new dimensions gained by the company. This led to the decision of the General Assembly on March 14 th 1970 to change the status of the company into a Holding and its name to Deva Holding A.Ş.

In order to benefit from the Stock Market Law and conveniences  offered, the company switched to the Registered Stock System in 1983. Today, maximum registered stock was risen to 100 trillion TL.