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Cengiz Holding

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Cengiz Holding
IndustryConstruction, energy, Mining
Founded1980
HeadquartersÜsküdar, Istanbul, Turkey
Key peopleMehmet Cengiz, Ekrem Cengiz, Şeref Cengiz
Revenue$5 billion
Number of employees43.000+
Websitewww.cengiz.com.tr

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. It is owned by Mehmet Cengiz. In 2012 it had around $470m revenue from construction.

In May 2013, it was part of a joint venture which won the EUR22bn contract to construct a third international airport in Istanbul. 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.

Greenhouse gas emissions

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. So it is on the Urgewald Global Coal Exit List.

The company says that "Emissions at the production units in Seydişehir are already 50% lower than European Union standards", however it still runs a small coal-fired power station at that factory.

References

  1. Cengiz Holding, ABOUT US / HISTORY Archived May 30, 2009, at the Wayback Machine
  2. Hurriyet Daily News, 19 July 2013, Seized media assets of Turkish group suddenly sold to the winning contractor of Istanbul's 3rd airport
  3. Engineering News Record, The Top 225 International Contractors, 2012
  4. Hurriyet, 3 May 2013, Üçüncü havalimanı ihalesini Limak-Cengiz-Mapa-Kolin-Kalyon OGG kazandı
  5. Today's Zaman, 21 July 2013, Gov't asked to explain sale of media group, others Archived 2013-07-22 at the Wayback Machine
  6. "Explore Map". Climate Trace. Retrieved 2024-03-10.
  7. "Explore the Data". coalexit.org. 2023.
  8. "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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