Cengiz Holding is etching a notable presence with its innovative and sustainable production methods. Ahmet Cengiz, president of the Energy Group, has announced a significant boost in investments geared towards cutting-edge technology and research. The spotlight will firmly be on renewable energy initiatives by 2025, with a growing dedication to green energy solutions spanning industries such as energy, industry, and construction.
Ahmet Cengiz shared their global expansion plans, starting with the completion of a natural gas combined cycle plant in Uzbekistan. The company's influence reaches countries like Bosnia and Herzegovina, Croatia, and Romania, engaging in substantial infrastructure projects. The contribution of Cengiz Construction is vital as it takes an active part in these infrastructure endeavors.
Cengiz Holding is implementing zero waste management in all its facilities, striving to lower water and carbon footprints below the European average significantly. Achieving net zero carbon by 2053 remains a core goal, prioritizing eco-friendly production processes. Moreover, they are dedicated to social responsibility projects that foster societal growth, with sustainability as a fundamental value.
Cengiz Holding has achieved its mining objectives, demonstrating success despite metal market volatility. In the energy sector, a preliminary license for storage investments has been obtained, paving the way for new project initiation.
Amidst declining electricity prices, Cengiz is crafting strategies to adapt to these changes, ensuring resilience and ongoing success in a dynamic market environment.
Established in 1980 by Mehmet Cengiz, Cengiz Holding began in construction and has since diversified into various industries like energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, the company was ranked 127th globally by Engineering News Record Magazine, further extending into media ventures.
Cengiz Holding is active 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.
Operation: Ankara High-Speed Train Station and Istanbul New Airport operations.