Ulusoy Elektrik was founded as an engineering company in 1985. As an integrated manufacturing platform for a wide variety of medium voltage electrical equipments for MV electrical distribution networks and industrial plants, it has proven Turkey's dynamic power as a leader in industry and has been at the forefront of its own sector. Ulusoy Elektrik has become one of the leading players in the electromechanical industry. Ulusoy Elektrik has undertaken many successful projects by its proven achievements in the national and international markets, a wide range of high quality products, its sectorial innovations and service quality.
Ulusoy Elektrik conducts its activities in an area of more than 83.000 m² (56.000 m² of which are indoors) at the Ankara ASO First Organised Industrial Zone, Temelli Anatolia Organised Industrial Zone and Indonesia Cikarang Organised Industrial Zone.
With a staff of over 700 qualified employees and over 100 specialist engineers, its carries out all of its product design, development, and R & D activities on-site.
As a result of major projects, its production capacity and industrial success, Ulusoy Elektrik ranked #364 among "Turkey's Top 500 Industrial Enterprises" survey for the year 2018, published every year by Istanbul Chamber of Industry.
Ulusoy Elektrik is a publicly traded company listed on Borsa Istanbul (BIST) stock exchange market as of November, 2014.
Eaton Industries has completed the acquisition of %82,275 of the Ulusoy Elektrik A.S. shares as of April 15, 2019. Eaton, a global power management company with 2020 sales of $17.9 billion, 90,000 employees worldwide, and customers in more than 175 countries, acquired a controlling interest in Ulusoy Elektrik from the Ulusoy family. As of January 2021, 93.6% of the company shares are managed by Eaton Industries.