Cengiz Holding to Increase Investments in Advanced Technology and Green Production
Cengiz Holding is making a mark with its forward-thinking and eco-friendly production techniques. Ahmet Cengiz, the Energy Group President, declared an acceleration in investments directed towards advanced technology and research and development. By 2025, the focus will squarely be on renewable energy projects, with an increased commitment to green energy solutions across multiple sectors like industry, energy, and construction.
Growth Plans in Global Projects
Ahmet Cengiz outlined their growth objectives on the international stage. Initially, they aim to complete the natural gas combined cycle plant in Uzbekistan. The company's influence extends to countries such as Bosnia and Herzegovina, Croatia, and Romania, where they are engaged in major infrastructure projects. Cengiz Construction plays a crucial role in these initiatives, actively participating in various infrastructure efforts.
🌍 Sustainability and Zero Waste Vision
Cengiz Holding adopts zero waste management across all facilities, striving to significantly reduce water and carbon footprints below the European average. The goal of achieving net zero carbon by 2053 is a priority, with eco-friendly production processes at the forefront. Additionally, they are involved in social responsibility projects to promote societal development, emphasizing sustainability as a core value.
Expectations for the Future
Mining Achievements
Cengiz Holding has realized its mining goals, achieving success even amidst metal price fluctuations. In the energy sector, a preliminary license for storage investments has been secured, accompanying the initiation of new projects.
Electricity Prices and Strategic Planning
With electricity prices on a downward trend, Cengiz is devising strategies and putting plans into place to align with these changes. These strategies will ensure adaptability and continued success in an evolving market.
The Legacy of Cengiz Holding
Founded in 1980 by Mehmet Cengiz, Cengiz Holding began in the construction sector and has since expanded its reach across various fields such as energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, the company was ranked as the 127th largest worldwide by Engineering News Record Magazine and incorporated media organizations into its repertoire.
Sectoral Activities
Cengiz Holding operates effectively in diverse 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.