Cengiz Holding is set to leave a significant imprint with its eco-friendly and innovative production methods. Ahmet Cengiz, President of the Energy Group, has announced an acceleration of investments in cutting-edge technology and research & development. The emphasis by 2025 will be on renewable energy projects, with a heightened focus on green energy solutions across industries like energy, construction, and manufacturing.
Expansion into Global Projects
Ahmet Cengiz detailed their global expansion strategies, starting with the completion of a natural gas combined cycle plant in Uzbekistan. Their reach includes nations such as Bosnia and Herzegovina, Croatia, and Romania, where they are involved in substantial infrastructure endeavors. Cengiz Construction is a key player in these projects, consistently contributing to various infrastructure initiatives.
Commitment to Sustainability and Zero Waste
Cengiz Holding is committed to implementing zero waste management practices across all its operations, aiming to reduce its water and carbon footprints below the European average. Striving for net-zero carbon emissions by 2053 is a top priority, with eco-conscious production methods taking center stage. They also engage in community projects promoting social progress, with sustainability as a foundational principle.
Anticipations for the Coming Years
Mining Milestones
Cengiz Holding has successfully met its mining targets, achieving commendable results despite fluctuations in metal prices. Within the energy sector, they have acquired a preliminary license for storage projects, alongside launching new initiatives.
Electricity Market Dynamics
As electricity prices decline, Cengiz is formulating strategies to adapt to these changes. Their plans will ensure resilience and success in an ever-evolving market landscape.
The Cengiz Holding Journey
Cengiz Holding, established in 1980 by Mehmet Cengiz, started in the construction sector and has expanded into areas like energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, it was ranked as the 127th largest globally by Engineering News Record Magazine, further broadening its portfolio by incorporating media organizations.
Diverse Sector Endeavors
Cengiz Holding thrives across multiple sectors:
Construction: Cengiz Construction.
Energy: Cengiz Energy, Boğaziçi Electricity Distribution.
Mining: Eti Bakır and Eti Aluminum Facilities.
Tourism: Bodrumbir Tourism Investment.
Aviation: Cengiz Aviation.
Insurance: Cengizler Insurance Brokerage Services.
Operations: Ankara High-Speed Train Station and Istanbul New Airport operations.
