AFAD Receives $5 Million Support from Cengiz Holding

Cengiz Holding, under the representation of Mehmet Cengiz, has contributed a substantial $5 million to the Disaster and Emergency Management Authority (AFAD). This generous contribution is aimed at helping citizens affected by the severe wildfires in Turkey and the flood disaster in the Western Black Sea region. The act underscores the company's dedication to supporting and aiding recovery efforts for communities in distress.

Cengiz Holding’s Statement

Cengiz Holding's official statement emphasizes that their $5 million donation to AFAD, an organization that has been responding to disasters like earthquakes, fires, and floods since its establishment in 2009, is meant to bolster ongoing recovery initiatives. The holding company reaffirms its continuous support for communities devastated by such events and highlights its commitment to aiding rehabilitation through sustained contributions.

History of Cengiz Holding

Founded by Mehmet Cengiz in 1980, Cengiz Holding initially ventured into the construction sector before expanding across various industries. Over the years, it has diversified into energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Cengiz İnşaat A.Ş earned a spot as the 127th largest company globally, as per Engineering News Record. That same year, Cengiz Holding also acquired several media outlets through a TMSF auction.

Sectoral Activities

Cengiz Holding has diversified its activities across many sectors. Below is a detailed look at its operations in different fields:

Construction

Cengiz İnşaat (1987-): The main construction subsidiary, known for major projects.

Energy

Cengiz Enerji (2000-): Focuses on various 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

Frequently Asked Questions

Why did Cengiz Holding donate to AFAD?

Cengiz Holding donated $5 million to AFAD to support citizens impacted by the wildfires and flood disasters in the Western Black Sea region of Turkey. This sizable donation is intended to assist recovery efforts, allowing AFAD, which is known for its rapid disaster response, to reach more affected individuals and sustain its recovery operations effectively.

Which sectors does Cengiz Holding operate in?

Cengiz Holding operates in numerous sectors. In the construction sector, it undertakes large-scale projects through Cengiz İnşaat A.Ş. The energy sector is served by companies like Cengiz Enerji and Boğaziçi Elektrik Dağıtım. In mining, the conglomerate manages facilities such as Eti Bakır and Eti Alüminyum. Additionally, Cengiz Holding is involved in tourism through Bodrumbir Tourism Investment, as well as aviation, insurance, and several operations, like managing the Ankara High-Speed Train Station and Istanbul New Airport.

Most Frequently Asked

Why does Cengiz Holding prioritize disaster recovery?

Cengiz Holding prioritizes disaster recovery because it believes in the importance of community resilience and support during critical times. By donating $5 million to the Disaster and Emergency Management Authority (AFAD), Cengiz Holding aims to alleviate the hardships faced by citizens affected by natural calamities like wildfires and floods. The company's commitment goes beyond business interests, as it strives to make a real difference in the lives of those impacted by providing timely and essential aid.

What are the sectors Cengiz Holding is involved in?

Cengiz Holding operates across a diverse range of sectors, showcasing its multifaceted growth. Initially entering the construction industry, the conglomerate has since expanded into energy, mining, tourism, aviation, insurance, and infrastructure. Notable subsidiaries include Cengiz İnşaat in construction, Cengiz Enerji in energy, and various facilities under its mining operations like Eti Bakır and Eti Alüminyum. In addition, Cengiz Holding is involved in managing significant projects such as the Ankara High-Speed Train Station and the Istanbul New Airport, proving its extensive reach and diversification in the business world.