Cengiz Holding Contributes $5 Million to AFAD
Cengiz Holding, representing Mehmet Cengiz, has generously donated $5 million to the Disaster and Emergency Management Authority (AFAD). This significant contribution aims to assist citizens affected by the devastating wildfires in Turkey and the flooding in the Western Black Sea region. Through this donation, Cengiz Holding underscores its commitment to aiding recovery efforts and supporting those impacted by these natural disasters.
Statement from Cengiz Holding
Cengiz Holding's official statement emphasizes that the $5 million donation to AFAD aims to support ongoing recovery initiatives. AFAD, established in 2009, responds to various disasters such as earthquakes, fires, and floods. The holding company stresses its continued support for affected communities, reaffirming its dedication to rehabilitation efforts through consistent contributions.
Overview of Cengiz Holding
Established in 1980 by Mehmet Cengiz, Cengiz Holding initially ventured into the construction sector. Over time, the conglomerate diversified its interests to encompass energy, mining, tourism, infrastructure, aviation, and insurance. In 2013, Engineering News Record recognized Cengiz İnşaat A.Ş as the 127th largest company worldwide. That same year, Cengiz Holding expanded its influence by acquiring various media outlets through a TMSF auction.
Diverse Sectoral Activities
Cengiz Holding engages in a multitude of sectors. Here’s an in-depth look at each area of operation:
Construction
Cengiz İnşaat (1987-): The leading construction subsidiary, known for major projects.
Energy
Cengiz Enerji (2000-): Focused on various energy projects.
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’s $5 million donation to AFAD is intended to support individuals severely impacted by the wildfires and flood disasters in the Western Black Sea region of Turkey. The donation will enable AFAD, known for its rapid disaster response, to extend its reach and continue its vital recovery work, benefitting more affected citizens.
Which sectors does Cengiz Holding operate in?
Cengiz Holding operates in a vast array of sectors. In the construction sector, it handles large-scale projects through Cengiz İnşaat A.Ş. The energy sector sees the company's involvement via entities such as Cengiz Enerji and Boğaziçi Elektrik Dağıtım. Its significant mining operations include facilities like Eti Bakır and Eti Alüminyum. Additionally, the conglomerate pursues ventures in tourism through Bodrumbir Tourism Investment, alongside interests in aviation, insurance, and other operations like managing the Ankara High-Speed Train Station and Istanbul New Airport.
Most Frequently Asked
How does Cengiz Holding's donation impact disaster recovery efforts?
Cengiz Holding's $5 million donation to the Disaster and Emergency Management Authority (AFAD) significantly enhances disaster recovery efforts. By infusing substantial funds into AFAD, known for its prompt disaster responses, the organization can extend its reach and resources. This donation directly aids in mitigating the adverse effects of wildfires and floods in Turkey, ensuring affected communities receive immediate and sustained support. Moreover, Cengiz Holding's contribution underscores the commitment of private enterprises to public welfare, encouraging other corporations to participate in similar philanthropic activities and play a role in national recovery efforts.
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