Cengiz Holding, under the leadership of Mehmet Cengiz, has made a notable $5 million donation to the Disaster and Emergency Management Authority (AFAD). This substantial contribution aims to assist citizens severely impacted by the recent wildfires and flooding in Turkey, particularly in the Western Black Sea region. The gesture highlights Cengiz Holding's commitment to aiding recovery efforts and supporting affected communities in times of crisis.
Official Statement from Cengiz Holding
Cengiz Holding has emphasized that this $5 million donation to AFAD, a pivotal organization since 2009 dedicated to disaster response, aims to bolster ongoing recovery endeavors. The holding company reiterated its unwavering support for communities struck by disasters, asserting their dedication to assisting in rehabilitation efforts through sustained contributions and active involvement.
Evolution of Cengiz Holding
Founded in 1980 by Mehmet Cengiz, Cengiz Holding began its journey in the construction sector. Over the decades, the conglomerate has diversified into various fields such as energy, mining, tourism, infrastructure, aviation, and insurance. Notably, in 2013, Cengiz İnşaat A.Ş was ranked as the 127th largest company globally by Engineering News Record. The same year, Cengiz Holding expanded its portfolio by acquiring several media outlets through a TMSF auction.
Diverse Sectoral Activities
Cengiz Holding's operations extend across multiple industries. Here’s an in-depth look at each sector of their involvement:
Construction
Cengiz İnşaat (1987-): The core construction subsidiary, known for its role in significant projects.
Energy
Cengiz Enerji (2000-): Engages in various energy ventures.
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
What is the reason behind Cengiz Holding's donation to AFAD?
Cengiz Holding’s $5 million donation to AFAD is designed to support citizens impacted by the wildfires and flood disasters in the Western Black Sea region of Turkey. This generous donation aids recovery efforts, enabling AFAD to reach more affected individuals and sustain its critical disaster response operations.
What are the operational sectors of Cengiz Holding?
Cengiz Holding's operations span a vast range of sectors. In the construction sector, it engages in major projects through Cengiz İnşaat A.Ş. The energy sector includes companies like Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Mining operations are managed through facilities such as Eti Bakır and Eti Alüminyum. The conglomerate is also involved in tourism via Bodrumbir Tourism Investment, as well as aviation, insurance, and managing operations like the Ankara High-Speed Train Station and Istanbul New Airport.
Most Frequently Asked
Why is Cengiz Holding's donation important?
Cengiz Holding's $5 million donation to AFAD is crucial as it provides significant financial support for emergency responses to recent natural disasters in Turkey. Such contributions enable AFAD to extend its recovery operations, reaching more individuals affected by wildfires and floods. Moreover, the donation underscores the conglomerate's commitment to corporate social responsibility, setting an example for other enterprises. It highlights their dedication to humanitarian efforts, reinforcing their role in community recovery and long-term sustainability.
What are the sectors in which Cengiz Holding operates?
Cengiz Holding is involved in diverse sectors, showcasing a broad operational footprint. The group's primary activities include the construction sector, where it undertakes major infrastructure projects through Cengiz İnşaat A.Ş. The energy sector comprises companies such as Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Mining operations cover various facilities like Eti Bakır and Eti Alüminyum. Additionally, the conglomerate engages in tourism via Bodrumbir Tourism Investment, participates in aviation with Cengiz Aviation, provides insurance services, and manages significant operations like Ankara High-Speed Train Station and Istanbul New Airport.