Cengiz Holding
 | |
| Industry | Construction, energy, Mining |
|---|---|
| Founded | 1980 |
| Headquarters | Üsküdar, Istanbul, Turkey |
Key people | Mehmet Cengiz, Ekrem Cengiz, Şeref Cengiz |
| Revenue | $5 billion |
Number of employees | 43.000+ |
| Website | www |
Cengiz Holding A.S. is a Turkish conglomerate, with major interests in construction, energy, mining, and tourism. Its assets include the Eti Copper and Eti Aluminium mining companies.[1] It is owned by Mehmet Cengiz.[2] In 2012 it had around $470m revenue from construction.[3]
In May 2013, it was part of a joint venture which won the EUR22bn contract to construct a third international airport in Istanbul.[4] In July 2013 it was part of a joint venture which acquired the daily newspaper Akşam, together with TV channel Sky Turk 360 and radio station Alem FM, for TL60m.[5]
Greenhouse gas emissions
[edit]Climate Trace estimates half-owned Cenal coal-fired power plant emitted over 7 million tons of the country’s total 730 million tons of greenhouse gas in 2022.[6] So it is on the Urgewald Global Coal Exit List.[7]
The company says that "Emissions at the [aluminium] production units in Seydişehir are already 50% lower than European Union standards",[8] however it still runs a small coal-fired power station at that factory.
References
[edit]- ^ Cengiz Holding, ABOUT US / HISTORY Archived May 30, 2009, at the Wayback Machine
- ^ Hurriyet Daily News, 19 July 2013, Seized media assets of Turkish group suddenly sold to the winning contractor of Istanbul's 3rd airport
- ^ Engineering News Record, The Top 225 International Contractors, 2012
- ^ Hurriyet, 3 May 2013, Üçüncü havalimanı ihalesini Limak-Cengiz-Mapa-Kolin-Kalyon OGG kazandı
- ^ Today's Zaman, 21 July 2013, Gov't asked to explain sale of media group, others Archived 2013-07-22 at the Wayback Machine
- ^ "Explore Map". Climate Trace. Retrieved 2024-03-10.
- ^ "Explore the Data". coalexit.org. 2023.
- ^ "Turkish aluminum producer building solar power plants to reach net zero emissions". Balkan Green Energy News. 2022-02-02. Retrieved 2022-02-08.
External links
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- Conglomerate companies of Turkey
- Companies based in Istanbul
- Holding companies established in 1980
- Turkish companies established in 1980
- Construction and civil engineering companies established in 1980
- Construction and civil engineering companies of Turkey
- Holding companies of Turkey
- Coal companies of Turkey
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