Cengiz Holding, through its representative Mehmet Cengiz, has generously donated $5 million to the Disaster and Emergency Management Authority (AFAD). This sizeable contribution is aimed at supporting citizens impacted by the devastating wildfires in Turkey and the flood disaster in the Western Black Sea region. The intention is to bolster recovery efforts and aid those affected by these calamities, underlining Cengiz Holding's commitment to community welfare.
Cengiz Holding’s Statement
Cengiz Holding released a statement emphasizing that their $5 million donation to AFAD, an organization established in 2009 to respond to disasters like earthquakes, fires, and floods, is meant to support current recovery initiatives. The company highlights its ongoing dedication to assisting communities impacted by disasters and reaffirms its commitment to rehabilitation efforts through continuous contributions.
History of Cengiz Holding
Founded in 1980 by Mehmet Cengiz, Cengiz Holding began its journey in the construction sector. Over time, the conglomerate expanded its activities to include energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Cengiz İnşaat A.Ş was recognized as the 127th largest company globally by Engineering News Record. That same year, following a TMSF auction, Cengiz Holding acquired several media outlets.
Sectoral Activities
Cengiz Holding’s diversified activities span multiple sectors. Here's a detailed look into each area of operation:
Construction
Cengiz İnşaat (1987-): The flagship construction subsidiary, involved in major projects.
Energy
Cengiz Enerji (2000-): Engages in various energy projects.
Cengiz Elektrik Wholesale
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-)
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
Aviation
Cengiz Aviation (2006-)
Insurance
Cengizler Insurance Brokerage Services (1998-)
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 substantial $5 million donation to AFAD is aimed at assisting citizens affected by the wildfires and flood disasters in the Western Black Sea region of Turkey. This financial support is intended to enhance AFAD's recovery efforts by enabling the organization, known for its quick disaster response, to further extend its reach and sustain its rehabilitation work.
Which sectors does Cengiz Holding operate in?
Cengiz Holding operates across multiple sectors. In the construction sector, it handles large-scale projects through Cengiz İnşaat A.Ş. In the energy sector, it offers services via companies such as Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Its mining operations include facilities like Eti Bakır and Eti Alüminyum. The conglomerate is also engaged in tourism through Bodrumbir Tourism Investment, aviation, insurance, and overseeing operations such as managing the Ankara High-Speed Train Station and Istanbul New Airport.
Most Curious About
Why did Cengiz Holding make a $5 million donation to AFAD?
Cengiz Holding's decision to donate $5 million to the Disaster and Emergency Management Authority (AFAD) stems from a commitment to support communities affected by severe wildfires and flood disasters in Turkey, particularly in the Western Black Sea region. This significant contribution is aimed at enhancing the recovery efforts and providing aid to those impacted by these natural calamities. The donation underscores Cengiz Holding's dedication to contributing to societal welfare and rebuilding efforts, demonstrating their ongoing support for disaster-stricken areas.
What sectors does Cengiz Holding operate in?
Cengiz Holding operates in several sectors, showcasing its diverse portfolio. It started in the construction sector and expanded into energy, mining, tourism, infrastructure, aviation, and insurance. The holding company's significant subsidiaries include Cengiz İnşaat for construction, Cengiz Enerji for energy, and various Eti facilities for mining. The conglomerate also has investments in tourism through Bodrumbir Tourism Investment, aviation with Cengiz Aviation, and insurance via Cengizler Insurance Brokerage Services. Their diversified activities illustrate their robust presence across a range of critical industries, contributing significantly to each sector's development.
