Cengiz Holding
Turkish conglomerate
From Wikipedia, the free encyclopedia
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]
| |
| 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 |
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
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."y 50% lower than European Union standards",[8] however it still runs a small coal-fired power station at that factory.
