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Cengiz Holding, led by Mehmet Cengiz, has donated $5 million to the Disaster and Emergency Management Authority (AFAD). This donation aims to assist those affected by the severe wildfires in Turkey and the flood disaster in the Western Black Sea region. The contribution highlights Cengiz Holding's commitment to supporting community recovery and aiding those impacted by these significant disasters.
Cengiz Holding’s Statement
Cengiz Holding's statement underscores that the $5 million donation to AFAD is to support ongoing recovery efforts. AFAD, active since 2009, responds to disasters like earthquakes, fires, and floods. The company emphasizes its steadfast support for communities affected by such calamities and reaffirms its dedication to aiding rehabilitation efforts through continuous contributions.
History of Cengiz Holding
Founded in 1980 by Mehmet Cengiz, Cengiz Holding began in the construction sector. Over time, it has expanded into energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Cengiz İnşaat A.Ş was ranked as the 127th largest company globally by Engineering News Record. The same year, following a TMSF auction, Cengiz Holding acquired several media outlets.
Sectoral Activities
Cengiz Holding is involved in various sectors. Here’s a detailed overview of their operations:
Construction
Cengiz İnşaat (1987-): The flagship construction subsidiary involved in significant projects.
Energy
Cengiz Enerji (2000-): Conducts 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 $5 million donation to AFAD aims to support citizens affected by the wildfires and flood disasters in the Western Black Sea region of Turkey. This donation helps AFAD, known for its swift disaster response, to reach more affected individuals and sustain recovery efforts.
Which sectors does Cengiz Holding operate in?
Cengiz Holding operates across a wide array of sectors. In the construction sector, it undertakes large-scale projects through Cengiz İnşaat A.Ş. In the energy sector, it provides services via companies like Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Its mining operations include facilities like Eti Bakır and Eti Alüminyum. The conglomerate is also involved in tourism through Bodrumbir Tourism Investment, as well as in aviation, insurance, and various operations, like managing the Ankara High-Speed Train Station and Istanbul New Airport.
Most Frequently Asked
How has Cengiz Holding's donation impacted AFAD's relief efforts?
Cengiz Holding’s $5 million donation has significantly bolstered AFAD's relief efforts. This substantial contribution allows AFAD to extend its reach and resources to more individuals affected by the wildfires and floods in Turkey. The funds are instrumental in speeding up recovery operations and providing essential aid, such as shelter, medical supplies, and food to the impacted communities. Moreover, the donation underscores Cengiz Holding's commitment to social responsibility and its role in supporting national disaster response mechanisms, helping to rebuild and stabilize affected areas more efficiently.
What are the key sectors Cengiz Holding is involved in?
Cengiz Holding is a diversified conglomerate with operations spanning several sectors. It has a strong presence in the construction industry through its flagship company, Cengiz İnşaat A.Ş. In the energy sector, the company operates through subsidiaries like Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Its mining activities include facilities such as Eti Bakır and Eti Alüminyum. Beyond these, Cengiz Holding is active in tourism (Bodrumbir Tourism Investment), aviation (Cengiz Aviation), insurance (Cengizler Insurance Brokerage Services), and key operations like managing Ankara High-Speed Train Station and Istanbul New Airport.