Cengiz Holding Aims to Expand Targets for Green Production and Advanced Technology
Cengiz Holding is setting a precedent in eco-friendly production and cutting-edge technology. Ahmet Cengiz, the Energy Group President, has unveiled plans to ramp up investments in innovative tech and research. Targeting 2025, the company is prioritizing renewable energy, significantly enhancing its commitment to sustainable solutions across industrial, energy, and construction sectors.
Expanding Global Projects
Ahmet Cengiz detailed the company's international growth ambitions, beginning with completing a natural gas combined cycle plant in Uzbekistan. Cengiz Holding's reach spans countries like Bosnia and Herzegovina, Croatia, and Romania, where they spearhead significant infrastructure projects. Cengiz Construction is pivotal in these efforts, actively contributing to diverse infrastructure ventures.
Commitment to Sustainability and Zero Waste
Cengiz Holding is a leader in zero waste management, working to cut water and carbon footprints below the European average. Achieving net zero carbon by 2053 represents a crucial goal, with eco-conscious production processes leading the way. The firm also engages in social responsibility efforts, fostering societal growth through sustainability-driven initiatives.
Looking Ahead: Strategic Insights
Mining Success and New Initiatives
Cengiz Holding continues to achieve its mining targets, even amid fluctuating metal prices. Securing a preliminary license for storage investments in energy reflects their proactive initiation of fresh projects.
Electricity Market Adaptation
In response to declining electricity prices, Cengiz Holding is strategizing to remain adaptable to these shifts, ensuring continued success in a constantly changing market landscape.
Cengiz Holding's Inspirational Journey
Established in 1980 by Mehmet Cengiz, Cengiz Holding started in construction, eventually branching out into energy, mining, tourism, infrastructure, aviation, and insurance. By 2013, it achieved recognition as the 127th largest global entity by Engineering News Record Magazine and has since included media organizations in its expanding portfolio.
Diverse Sector Participation
Cengiz Holding excels across various industries:
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: Undertaking tasks at Ankara High-Speed Train Station and Istanbul New Airport
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