CENGİZ HOLDING FROM PAST TO PRESENT
Cengiz Holding is on an upward trajectory of success, making a name for itself with huge investments in highly competitive industries and becoming known as a preferred partner for powerful companies.
At the same time as making a significant contribution to the development of Turkey, Cengiz Holding is constantly adding to its portfolio of success with huge investments like the Black Sea Coastal Highway, Istanbul’s New Airport, the High-speed Railway project, dams, power generation and distribution, natural gas distribution, mining operations and metal manufacturing plants.
The Group has been investing in infrastructure projects since the foundation of Cengiz İnşaat in 1987. Its investments in the energy and mining industries, along with other corporate activities in these areas, have enabled it to grow into a huge family of 35 companies and affiliates with an annual revenue exceeding USD 5 billion.
Through the work of Cengiz İnşaat, Cengiz Holding is involved in construction-infrastructure projects including highways, bridges, tunnels, dams, seaports, railways, subway systems, airports, pipelines, power plants, and mining and industrial facilities.
technological infrastructure and is currently active in power generation, power distribution, trade, sales and marketing, natural gas distribution and trade.
Cengiz Holding started investing in the mining industry by acquiring Eti Bakır A.Ş. and Eti Alüminyum A.Ş. within the scope of privatization. Eti Bakır A.Ş. was acquired by the Holding in 2004 and continues its mining operations with the Samsun Smelting Facility, the only plant in Turkey capable of producing cathode copper from ore, and the Eti Bakır A.Ş. Murgul Plant, which was acquired in 2006.
Mining operations accelerated in pace in 2005 with the acquisition of Eti Alüminyum A.Ş., Turkey’s only primary aluminum producer. While continuing work in the field of cobalt recovery during the Group’s expansion process, Cengiz Holding acquired Bursa Wolfram Mine, Izmir Antimony Mine and Mazıdağı Phosphate Mine.
Cengiz Holding has grown in direct proportion to Turkey’s development and continues to sign its name to huge projects. The Company constructed the Ankara High-Speed Railway Terminal, which it will be operating through the Build-Operate-Transfer (BOT) business model for 19 years 7 months. The Joint Venture Group formed in 2013 and led by Cengiz İnşaat was also granted with another massive project in Turkey: construction work for the “Istanbul New Airport Build-Operate-Transfer Project” along with 25-year operating rights. The works are meticulous, but also progressing fast, and the project is scheduled for completion in 2018.