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Tekfen Holding A.S. (Turkiye)

Main Activities: Management of Companies and Enterprises
Full name: Tekfen Holding Anonim Sirketi Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Tekfen Holding Anonim Sirketi is a company located in Istanbul, Turkey. It was founded in 1956 by three young entrepreneurs, Feyyaz Berker, Nihat Gökyiğit, and Necati Akçağlılar. The company started as a consultancy and engineering firm, providing various services in the construction industry. They established a laboratory within the company to offer consultancy, engineering, and control services. Tekfen's first major project was the shoulder stabilization works of 9 NATO airports in Turkey. In the early 1960s, the company expanded its focus to include heavy industry and infrastructure facilities. They undertook construction works at the Ereğli Iron and Steel Factory and built the Gülüç Dam, which supplied the factory's cooling and utility water. The company's name, Tekfen, is derived from the words "Technology" and "Science," reflecting the partners' life philosophies. Tekfen has since become one of the leading pipeline contractors in Turkey, starting with their involvement in a project to pass fuel oil pipes under the Bosphorus. Tekfen Holding Anonim Sirketi has a rich history and has grown to become a prominent player in the construction and engineering industry in Turkey. They continue to provide a range of services in various sectors, contributing to the development of the country's infrastructure.

Headquarters
Kultur District, Budak Street, Tekfen Site, A Block, No: 7, Besiktas
Istanbul; Marmara; Postal Code: 34340

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Website: http://www.tekfen.com.tr/en

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 11, 1971
Key Executives
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Chairman
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Vice Chairman
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Vice Chairman
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Vice Chairman
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Director/Member of the Board
Ownership Details
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49.94%
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23.55%
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19.86%
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6.65%
Subsidiaries
Belpa Belediye Tuketim Mallari Ithalat Ihracat Ticaret Ve Yatirim A.S.
100%
Hmb Hallesche Mitteldeutsche Bau-Aktiengesellschaft Hmb (Germany)
100%
Petrofertil Shipping S.A. (Panama)
100%
Company Performance
Financial values in the chart are available after Tekfen Holding A.S. report is purchased.
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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 interest income
-89.72%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-14.44%
Total equity
-13.02%
Total Assets Trend
N/A
Net Interest Income Trend
-2224.41%
Loans to Asset Ratio
1.44%

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