Cengiz Holding, led by Mehmet Cengiz, has pledged $5 million to the Disaster and Emergency Management Authority (AFAD). The donation's primary goal is to assist citizens impacted by severe wildfires in Turkey and floods in the Western Black Sea region, highlighting Cengiz Holding’s dedication to community recovery and support.
Cengiz Holding’s Statement
Cengiz Holding emphasized in its statement that the $5 million donation to AFAD, an organization active since 2009 in managing disasters like earthquakes, fires, and floods, aims to bolster ongoing recovery efforts. The holding company reaffirms its commitment to supporting communities and aiding rehabilitation through sustained contributions and assistance.
History of Cengiz Holding
Founded in 1980 by Mehmet Cengiz, Cengiz Holding began its journey in the construction sector. Over the years, it expanded into energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Cengiz İnşaat A.Ş was listed as the 127th largest global company by the Engineering News Record. The same year marked Cengiz Holding's acquisition of multiple media outlets via a TMSF auction.
Sectoral Activities
Cengiz Holding operates across various sectors. Here is an in-depth look at each area of operation:
Construction
Cengiz İnşaat (1987-): The flagship construction subsidiary involved in major projects.
Energy
Cengiz Enerji (2000-): Engages in a variety of energy projects.
Cengiz Elektrik Wholesale: A part of the energy distribution network.
Samgaz Natural Gas
SelçukGaz Natural Gas
Boğaziçi Elektrik Dağıtım
Meram Elektrik Dağıtım
Çamlıbel Elektrik Dağıtım
Akdeniz Elektrik Dağıtım
Kalehan Enerji
Cenal Elektrik
Mining
Eti Bakır Küre Facilities (2004-): A significant mining operation.
Eti Bakır Samsun Facilities (2004-)
Eti Alüminyum Facilities (2005-)
Murgul Copper Facilities (2006-)
Halıköy Antimony Facilities (2007-)
Eti Bakır Mazıdağı Facilities (2013-)
Eti Bakır Lahanos Facility (2014-)
Şirvan Madenköy Copper Facilities (2017-)
Tourism
Bodrumbir Tourism Investment: Engaged in tourism sector activities.
Aviation
Cengiz Aviation (2006-): Involved in aviation-related operations.
Insurance
Cengizler Insurance Brokerage Services (1998-): Providing insurance brokerage services.
Operations
Ankara High-Speed Train Station Operation (2016-)
Istanbul New Airport Operation
Frequently Asked Questions
Why did Cengiz Holding donate to AFAD?
Cengiz Holding’s $5 million donation to AFAD aims to support citizens affected by wildfires and floods in Turkey's Western Black Sea region. The donation is intended to assist AFAD in expanding its recovery efforts and providing aid to a wider range of impacted individuals.
Most Frequently Asked
Why did Cengiz Holding donate to AFAD?
Cengiz Holding decided to donate $5 million to the Disaster and Emergency Management Authority (AFAD) to assist communities affected by severe wildfires and floods in Turkey's Western Black Sea region. This significant contribution aligns with the company's ongoing commitment to supporting recovery and rehabilitation efforts in areas hit by natural disasters. AFAD, operational since 2009, is well-known for its swift and effective disaster response, which made them the ideal recipient for this substantial donation aimed at helping citizens recover and rebuild their lives.
What sectors does Cengiz Holding operate in?
Cengiz Holding operates in a diverse range of sectors, showcasing the conglomerate's versatility and expansive reach. Among these sectors are construction, where it undertakes major infrastructure projects through Cengiz İnşaat A.Ş. In the energy sector, multiple subsidiaries like Cengiz Enerji and Boğaziçi Elektrik Dağıtım provide extensive services. The company is also involved in mining, with significant operations under entities like Eti Bakır and Eti Alüminyum. Additionally, Cengiz Holding extends its activities to tourism through Bodrumbir, aviation via Cengiz Aviation, insurance with Cengizler Insurance Brokerage Services, and key operation management projects like the Istanbul New Airport.
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