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OYAK
Ordu Yardımlaşma Kurumu (OYAK) (''lit. Military Mutual Aid Institution''), is a Turkish charity and pension fund with around 363,000 members and owner of Renault (Oyak). The OYAK Holding Investment Subsidiary Group is one of the largest industrial groups in Turkey. The group was the former owner of ING Oyak Bank (sold to ING Bank in 2007) and the Oypa supermarket chain. In 2012 it was rated BB+/stable by Standard & Poor's. The group co-owns Oyak-Renault, a car manufacturer, and steel producer Erdemir. OYAK Group of Companies added Sagra to its structure in April 2021. OYAK provides members with "supplementary retirement benefits" apart from the official retirement fund, T.C.Emekli Sandığı/SSK, to which they are primarily affiliated. In addition to retirement benefits, OYAK pays disability benefits to members when they become partially or fully disabled, and provides death benefits to the deceased's heirs. OYAK is a private entity that is subject to Turkish civic and commer ...
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Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. The Federal Old-age and Survivors Insurance Trust Fund, which oversees $2.66 trillion in assets, is the world's largest public pension fund. Classifications Open vs. closed pension fund Open pension funds suppor ...
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Erdemir
Ereğli Demir ve Çelik Fabrikaları T.A.Ş. is a Turkish steel producer. The name is a contraction of the Turkish language ''Ereğli Demir ve Çelik Fabrikaları'', which means "Ereğli Iron and Steel Factories". Erdemir occupies the 43rd place among the largest steel companies in the world and is also involved in coal in Turkey. History Erdemir, which began production in 1965, has a production capacity of 8.5 million tons/year of crude steel (2020 value). It is the largest iron and steel company in Turkey and was the only flat steel producer till January 2009. It produces plates, hot and cold rolled sheet and tinplate. Its main plant is located on an area of approximately at Karadeniz Eregli, Zonguldak on the shore of the Black Sea. Erdemir operates a large seaport, the Port of Erdemir, to import and export materials. Erdemir has Port of Erdemir also acquired the steel plant at İskenderun, Hatay Province in southern Turkey. Turkish Armed Forces Pension Fund (OYAK) acquire ...
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Oypa
Oypa (Oyak Pazarlamacılık Hizmetleri A.Ş., OYPA Oyak Büyük Mağazacılık Ticaret A.Ş.) is a chain of supermarkets in Turkey. The company for food and non-food item retailing is owned by Koç Holding, which also owned the Migros Türk chain before selling it to Moonlight Capital. It was formerly owned by the Ordu Yardımlaşma Kurumu (Oyak Ordu Yardımlaşma Kurumu (OYAK) (''lit. Military Mutual Aid Institution''), is a Turkish charity and pension fund with around 363,000 members and owner of Renault (Oyak). The OYAK Holding Investment Subsidiary Group is one of the largest indust ...), the Armed Forces Pension Fund. References * * * * Oypa yenileniyor Oypa faaliyetlerini durdurdu Retail companies established in 1963 Supermarkets of Turkey {{Turkey-company-stub ...
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Oyak Bank
ING is the Turkish subsidiary of the ING Group, an international banking company. The bank was formerly known as Oyak Bank which became part of ING Group in December 2007. It provides retail and commercial banking services to individuals and businesses in Turkey, together with related financial products such as insurance and asset management. It was a financial subsidiary of OYAK Holding (Turkish Army Members Solidarity Fund) between 1993 and 2007. History US-based First National Bank of Boston opened a branch in Istanbul, Turkey in 1984. The bank has operated independently since 1990 with three companies owning majority stakes: Alarko, Cerrahoğlu and Oyak Ordu Yardımlaşma Kurumu (OYAK) (''lit. Military Mutual Aid Institution''), is a Turkish charity and pension fund with around 363,000 members and owner of Renault (Oyak). The OYAK Holding Investment Subsidiary Group is one of the largest indust .... The bank's name changed to Turkish Boston Bank A.Ş. again in 1991 and t ...
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İsken Sugözü Power Station
İsken Sugözü power station is a 1320 MW operational coal fired power station in Turkey. History The plant started operating in 2003. Ownership STEAG has 51% share and OYAK 49%. Coal supply Electricity generation Environmental Impact Local pollution There is a lot of heavy industry around Iskenderun Bay, including two other coal-fired power stations, Atlas and Emba Hunutlu. Cancers increased in the decade since the plant started and respiratory diseases increased during the 2010s, but because smokestack measurements are only sent to the government not published, it is difficult to estimate how much of the air pollution illnesses and deaths are due to the power plants. However İsken Sugözü is the oldest and the only one using subcritical technology, so is likely to be more polluting per GWh electricity generated than the other two coal-fired power stations (a study for China estimated 200 to 400 early deaths per GW-year). Mercury emissions have been estimated at ove ...
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Oyak-Renault
Oyak Renault Otomobil Fabrikaları or Oyak-Renault is a Turkish automotive manufacturer located in Bursa. It is co-owned by OYAK (Turkish: Ordu Yardımlaşma Kurumu, English: Army Pension Fund) and Renault. Oyak owns 49% and Renault owns 51% of the company. History Oyak-Renault was established in 1969 by Renault, Oyak and Yapi Kredi Bank, starting production two years later. The company originally manufactured various Renault models for the local and international market. Currently some models are exported up to 100 countries worldwide. Operations With an annual production capacity of 286,000 up to 360,000 units, it is the largest Renault factory outside Western Europe. The official car dealer network of Renault in Turkey is another joint venture known as MAİS A.Ş. The newest Turkish-built Renault model is the mid-size classified Renault Fluence. In addition to the automotive assembly, the plant operates its own gearbox and engine manufacturing. Currently they are manufactur ...
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Public Pension Funds
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin '' publicus'' (also '' poplicus''), from ''populus'', to the English word 'populace', and in general denotes some mass population ("the p ...
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TESEV
The Turkish Economic and Social Studies Foundation ( tr, Türkiye Ekonomik ve Sosyal Etüdler Vakfı, TESEV), based in Istanbul, is Turkey's leading think tank. The Turkish Economic and Social Studies Foundation (TESEV) is an independent non-governmental think-tank, analyzing social, political and economic policy issues facing Turkey. It is known for its liberal economic views hostile to state intervention. Based in Istanbul, TESEV was founded in 1994 to serve as a bridge between academic research and policy-making process in Turkey. By opening new channels for policy-oriented dialogue and research, TESEV aims to promote the role of civil society in the democratic process and seeks to share its research findings with the widest possible audience. In order to do so, TESEV organizes regular seminars and conferences, bringing together specialists and policymakers from Turkey and abroad to discuss issues of current concern. It releases project reports, books, pamphlets, policy watch b ...
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Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ...
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Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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