Cengiz Holding Launches Investment Drive for Green Production and Technology

Cengiz Holding is distinguished for its innovative and eco-conscious production approaches. Ahmet Cengiz, Energy Group President, announced an increase in investments toward advanced technology and research and development. The emphasis by 2025 will be on renewable energy projects, with a larger dedication to sustainable energy solutions across various sectors such as industry, energy, and construction.

Expansion in Global Initiatives

Ahmet Cengiz articulated their global growth plans. The initial target is to finalize the natural gas combined cycle plant in Uzbekistan. The company's reach also includes Bosnia and Herzegovina, Croatia, and Romania, where it is involved in significant infrastructure initiatives. Cengiz Construction is pivotal in these projects, actively contributing to diverse infrastructure activities.

Sustainability and Zero Waste Mission

Cengiz Holding implements zero waste practices in all facilities, aiming to decrease water and carbon footprints below the European average. Achieving net zero carbon by 2053 remains a priority, with sustainable production methods leading the way. They are also engaged in community responsibility projects that encourage societal growth, with sustainability as a core principle.

Mining Successes

Cengiz Holding has achieved its mining targets, finding success despite metal price variations. In the energy domain, a provisional license for storage ventures has been obtained, paired with the launch of new projects.

Electric Tariffs and Strategic Adjustments

As electricity tariffs decline, Cengiz is crafting strategies and planning accordingly to adapt to these modifications. These preparations will ensure agility and sustained success in a shifting market.

The Heritage of Cengiz Holding

Established in 1980 by Mehmet Cengiz, Cengiz Holding commenced in the construction industry and broadened its scope to encompass sectors such as energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, it was ranked as the 127th largest globally by Engineering News Record Magazine, eventually integrating media entities into its portfolio.