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Gresan, whose roots go back to 1981, was founded as a limited company in Ankara in 1984 with the main goal of serving the cement industry with services related to open gear lubricants and lubrication systems. After a modest start with a team of three individuals, one of the company's founders, Mr. lhan Kurtaran, resigned from the partnership in 1990 for medical reasons. In 2014, Gresan changed its legal status to a joint stock company and is still in business today.