Cengiz Holding, under the leadership of Mehmet Cengiz, has made a notable donation of $5 million to the Disaster and Emergency Management Authority (AFAD). This significant contribution aims to assist citizens who have been affected by the devastating wildfires in Turkey and the flooding in the Western Black Sea region. The intention is to support recovery efforts and help those impacted by these natural disasters, showcasing Cengiz Holding's dedication to community recovery.

Corporate Statement of Cengiz Holding

Cengiz Holding has issued a statement regarding the $5 million donation to AFAD, an agency active since 2009 in mitigating disasters such as earthquakes, fires, and floods. The holding company asserts that this donation is meant to bolster ongoing recovery initiatives. They emphasize their steadfast support for disaster-affected communities and pledge to contribute to rehabilitation efforts through consistent assistance.

Historical Evolution of Cengiz Holding

Cengiz Holding was established in 1980 by Mehmet Cengiz, initially focusing on the construction sector. The company has since broadened its scope to include energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Cengiz İnşaat A.Ş was recognized as the 127th largest global company by Engineering News Record. That same year, after a TMSF auction, Cengiz Holding acquired several media outlets.

Diverse Sectoral Activities

Cengiz Holding engages in a variety of industry sectors. Below is an in-depth overview of their operations:

Construction

Cengiz İnşaat (1987-): This is the principal construction arm of the conglomerate, involved in major infrastructure projects.

Energy

Cengiz Enerji (2000-): Specializes in a range of energy initiatives.

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

Most Curious About

Why did Cengiz Holding donate to AFAD?

Cengiz Holding made a substantial $5 million donation to AFAD to aid citizens affected by Turkey's severe wildfires and the flooding in the Western Black Sea region. This generous contribution aims to enhance recovery efforts, reflecting the company's commitment to supporting disaster-stricken communities. By partnering with AFAD, known for its effective disaster response, Cengiz Holding intends to reach more affected individuals and provide sustained assistance for rehabilitation. This donation underscores their dedication to community recovery and demonstrates a proactive approach to corporate social responsibility in the face of natural disasters.

Since when has Cengiz Holding operated in these sectors?

Cengiz Holding, founded by Mehmet Cengiz in 1980, initially ventured into the construction sector. Over the decades, the company expanded into various industries including energy, mining, tourism, infrastructure, aviation, and insurance. Notable milestones include the establishment of Cengiz İnşaat in 1987, Cengiz Enerji in 2000, and acquisitions of several mining facilities between 2004 and 2017. Each expansion reflects the conglomerate's strategic growth and diversification, solidifying its position as a major player in multiple sectors, both within Turkey and internationally.