Cengiz Holding Makes Significant Investments in Green Energy and High Technology

Cengiz Holding is charting an impressive path with its innovative and environmentally-friendly production methodologies. Ahmet Cengiz, the President of the Energy Group, recently announced plans to expand investments in cutting-edge technology, research, and development. By 2025, their main priority will be renewable energy initiatives, with a heightened focus on sustainable solutions across industries such as energy, construction, and manufacturing.

Expansion in International Projects

Cengiz Holding is broadening its horizon globally. Ahmet Cengiz shared their ambitious plans, which include finalizing a natural gas combined cycle plant in Uzbekistan. Their influence is growing in regions like Bosnia and Herzegovina, Croatia, and Romania. Cengiz Construction is pivotal in these ventures, driving significant infrastructure developments overseas.

Embracing Sustainability and Zero Waste

The company is committed to zero waste management across all facilities, aiming to lower water and carbon footprints below the European average. Aiming for net zero carbon emissions by 2053 is a top priority, alongside eco-friendly production processes. They also engage in social responsibility initiatives, focusing on sustainability as a fundamental principle.

Forecasting Future Prospects

Milestones in Mining

Cengiz Holding has successfully met its mining objectives, even navigating the challenges of metal price volatility. In the energy domain, they have obtained a preliminary license for storage investments, marking the beginning of new ventures.

Shifts in Electricity Pricing and Strategy Formulation

With electricity prices showing a downward trend, Cengiz is strategizing to remain in sync with these shifts. Their plans are designed to ensure resilience and ongoing success within a market that continues to evolve.

The Cengiz Holding Story

Founded by Mehmet Cengiz in 1980, Cengiz Holding began with construction and expanded its influence into various sectors, including energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, the company was ranked 127th globally by Engineering News Record Magazine, and it has also ventured into media ownership.

Diverse Sectoral Operations

Cengiz Holding effectively operates 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.

Operations: In charge of Ankara High-Speed Train Station and operations at Istanbul New Airport.