Cengiz Holding Will Increase Investments for Environmentally Friendly Production

Cengiz Holding is setting a new benchmark with its innovative and environmentally-friendly production methodologies. The Energy Group President, Ahmet Cengiz, announced a surge in investments towards cutting-edge technology and research and development. Targeting 2025, the emphasis will primarily be on renewable energy projects, enhancing the commitment to sustainable solutions across sectors like industry, energy, and construction.

Expansion Plans in International Ventures

Ahmet Cengiz elaborated on their expansion strategies globally. The initial focus is to finalize the natural gas combined cycle plant in Uzbekistan. The company's reach spans to nations such as Bosnia and Herzegovina, Croatia, and Romania, where it is involved in significant infrastructure projects. Cengiz Construction is a key player in these initiatives, contributing actively to diverse infrastructure efforts.

Commitment to Sustainability and Zero Waste Initiatives

Cengiz Holding implements zero waste management throughout its facilities, aiming to drastically reduce water and carbon footprints below the European standard. Achieving net zero carbon by 2053 is an essential goal, with eco-friendly production processes leading the charge. Furthermore, they engage in social responsibility projects, endorsing societal progress with sustainability as a fundamental principle.

Future Projections and Goals

Advancements in Mining Sector

Cengiz Holding has met its mining objectives, recording success despite fluctuations in metal prices. In the energy domain, they have obtained a preliminary license for storage initiatives, in conjunction with launching new projects.

Navigating Electricity Prices and Future Strategy

As electricity prices trend downward, Cengiz is formulating plans to align with these shifts. These strategic initiatives ensure adaptability and sustained success in a changing market landscape.

The Evolution and Impact of Cengiz Holding

Established in 1980 by Mehmet Cengiz, Cengiz Holding began its journey in the construction industry and has since broadened its scope across various sectors, including energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, it was recognized as the 127th largest globally by Engineering News Record Magazine and expanded its operations to include media enterprises.

Sectoral Engagements

Cengiz Holding is actively involved in 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.