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Cengiz Holding
Cengiz Holding A.S. is a Turkish conglomerate, with major interests in construction, energy, mining, and tourism. Its assets include the Eti Copper and Eti Aluminium mining companies.[1] It is owned by Mehmet Cengiz.[2] In 2012 it had around $470m revenue from construction.[3] In May 2013, it was part of a joint venture which won the EUR22bn contract to construct a third international airport in Istanbul.[4] In July 2013 it was part of a joint venture which acquired the daily newspaper Akşam, together with TV channel Sky Turk 360 and radio station Alem FM, for TL60m.[5] Greenhouse gas emissionsClimate Trace estimates half-owned Cenal coal-fired power plant emitted over 7 million tons of the country’s total 730 million tons of greenhouse gas in 2022.[6] So it is on the Urgewald Global Coal Exit List.[7] The company says that "Emissions at the [aluminium] production units in Seydişehir are already 50% lower than European Union standards",[8] however it still runs a small coal-fired power station at that factory. References
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