Cengiz Holding Supports AFAD with $5 Million Donation

Cengiz Holding, under the guidance of Mehmet Cengiz, has donated $5 million to the Disaster and Emergency Management Authority (AFAD). The contribution aims to assist those affected by severe wildfires in Turkey and the recent flood disaster in the Western Black Sea region. This substantial donation underscores Cengiz Holding's commitment to aiding recovery efforts and supporting impacted communities.

Cengiz Holding’s Statement

Cengiz Holding emphasized that their $5 million donation to AFAD, an organization active since 2009 in responding to various disasters such as earthquakes, fires, and floods, is intended to support ongoing recovery efforts. The holding company reiterated its continuous support for communities afflicted by these disasters and highlighted their commitment to aiding rehabilitation through continued contributions.

History of Cengiz Holding

Founded in 1980 by Mehmet Cengiz, Cengiz Holding initially focused on the construction sector. Over time, the conglomerate diversified 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. That same year, after an auction by TMSF, Cengiz Holding acquired several media outlets.

Sectoral Activities

Cengiz Holding engages in a wide range of sectors. Below is a detailed overview of each area of operation:

Construction

Cengiz İnşaat (1987-): The primary construction subsidiary, involved in significant projects.

Energy

Cengiz Enerji (2000-): Participates 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 $5 million donation to AFAD is intended to support citizens impacted by recent wildfires and flooding in the Western Black Sea region of Turkey. The donation aims to assist recovery efforts, allowing AFAD, known for its swift disaster response, to reach more affected individuals and sustain its recovery operations.

Which sectors does Cengiz Holding operate in?

Cengiz Holding operates across numerous sectors. It undertakes large-scale projects in the construction sector through Cengiz İnşaat A.Ş. In the energy sector, it provides 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 involved in tourism through Bodrumbir Tourism Investment, as well as in aviation, insurance, and several operations, such as managing the Ankara High-Speed Train Station and Istanbul New Airport.

Most Frequently Asked

Why did Cengiz Holding make a $5 million donation to AFAD?

Cengiz Holding made a $5 million donation to AFAD to support citizens impacted by severe wildfires and flooding in the Western Black Sea region of Turkey. The goal of this contribution is to aid recovery efforts and assist those affected by these natural disasters. Known for its swift disaster response, AFAD can utilize these funds to enhance their reach and sustain their recovery operations, demonstrating Cengiz Holding's commitment to community rehabilitation and disaster relief.

What is the significance of Cengiz Holding's history in the construction sector?

Cengiz Holding, founded in 1980 by Mehmet Cengiz, initially focused on the construction sector. This foundation has been key to the conglomerate’s growth and diversification into various industries, including energy, mining, and infrastructure. Their construction subsidiary, Cengiz İnşaat, has been instrumental in executing significant projects, further solidifying the company’s prominence in this field. Their extensive experience and successful projects have bolstered their reputation, enabling expansion into other sectors and establishing Cengiz Holding as a multi-faceted business group.