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Nurol Holding A.S. (Turkiye)

Main Activities: Management of Companies and Enterprises
Full name: Nurol Holding Anonim Sirketi Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Nurol Holding Anonim Sirketi is a company located in Ankara, Turkey. It was established on January 17, 1966, by the ÇARMIKLI Family, who have been involved in trade for almost a century. The company started with a focus on construction and contracting works. Today, Nurol Holding has more than 35 companies and affiliates in various sectors such as construction, defense industry, energy, mining, tourism, finance, trade, and services. Nurol Group of Companies, under the umbrella of Nurol Holding, has a strong presence not only in Turkey but also in many countries around the world. They are involved in foreign activities in countries such as Morocco, Algeria, Tunisia, Congo, Czech Republic, Poland, Romania, Libya, Georgia, Saudi Arabia, Iraq, United Arab Emirates, Qatar, Turkmenistan, Kazakhstan, Uzbekistan, Afghanistan, Russia, Philippines, and Malaysia. Their activities primarily focus on the defense industry and tourism sectors, particularly in construction and contracting. The company's main products and services include construction and contracting, manufacturing tactical wheeled armored vehicles and special purpose platforms, manufacturing various types of vehicles and weapon systems, designing and producing advanced technical materials, investment banking, insurance services, real estate investment, and mining. Nurol Group of Companies has been involved in significant projects in Turkey, such as the Ilısu Dam and HEPP Project, the Marmaray Bosphorus Immersed Tube Crossing Project, and the Gebze – Orhangazi – İzmir Project. They have also made contributions to the Turkish construction and contracting sector with various infrastructure projects, hotels, luxury residences, buildings, and satellite city projects. The company is known for its commitment to quality and customer satisfaction. They have hotels in Ankara and Batumi, offering facilities and services beyond 5-star standards. Nurol Group of Companies also provides travel agency services, air taxi services, and operates in the energy sector with hydroelectric power plants. With a global business volume exceeding $30 billion, Nurol Group of Companies aims for sustainable success while prioritizing ethical values, people, and the environment. They strive to be open to contemporary innovations while maintaining their commitment to traditions. The company continues to expand its services, both domestically and internationally, with partnerships and representations, and aims to guide the future with its contemporary management approach.

Headquarters
Gaziosmanpasa No:7 Arjantin Caddesi Cankaya
Ankara; Central Anatolia; Postal Code: 06550

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Website: http://www.nurolholding.com.tr & www.nurol.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
June 02, 1989
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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Subsidiaries
Nurol Insaat T.A.S.
99.9%
Bosfor Turizm Isletmecilik A.S.
Botim Isletme Yonetim Ve Ticaret A.S.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
58.04%
Total operating revenue
60.18%
Operating profit (EBIT)
42.19%
EBITDA
45.54%
Net Profit (Loss) for the Period
-8.49%
Total assets
69.61%
Total equity
135.69%
Operating Profit Margin (ROS)
-6%
Net Profit Margin
-15.63%
Return on Equity (ROE)
-30.48%
Debt to Equity Ratio
-96.27%
Quick Ratio
-0.2%
Cash Ratio
-0.07%

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