Çukurova Holding
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Çukurova Holding, established in 1923, is an industrial and commercial conglomerate based in Turkey. It is engaged in a range of sectors such as
industrial Industrial may refer to: Industry * Industrial archaeology, the study of the history of the industry * Industrial engineering, engineering dealing with the optimization of complex industrial processes or systems * Industrial city, a city dominate ...
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construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and com ...
,
communication Communication (from la, communicare, meaning "to share" or "to be in relation with") is usually defined as the transmission of information. The term may also refer to the message communicated through such transmissions or the field of inquir ...
and IT,
media Media may refer to: Communication * Media (communication), tools used to deliver information or data ** Advertising media, various media, content, buying and placement for advertising ** Broadcast media, communications delivered over mass el ...
,
transportation Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, ...
,
financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...
and
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat a ...
.
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

Mehmet Emin Karamehmet
/ref> Çukurova Holding managed its newspapers, magazines and radio stations under TurkMedya, in the
Çukurova Media Group Çukurova Media Group (''Çukurova Medya Grubu'') is a Turkish media conglomerate established, part of the Çukurova Holding conglomerate. On 18 May 2013 it transferred a substantial number of its properties to the state TMSF, in partial settle ...
, but transferred most remaining media assets to the state
TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...
in 2013, in settlement of a tax debt. Çukurova has been involved in litigation since 2005 over part-ownership of
Turkcell Turkcell İletişim Hizmetleri A.Ş. (''lit. Turkcell Communication Services'') (, ) is the leading mobile phone operator of Turkey, based in Istanbul. The company has 39,3 million subscribers as of September 2021. In 2015, the company's number of ...
.


Media

On 18 May 2013
Çukurova Media Group Çukurova Media Group (''Çukurova Medya Grubu'') is a Turkish media conglomerate established, part of the Çukurova Holding conglomerate. On 18 May 2013 it transferred a substantial number of its properties to the state TMSF, in partial settle ...
transferred a substantial number of its properties to the state
TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...
, in partial settlement of a tax debt. With various media properties closed down in previous years, it leaves Çukurova with few media assets.


Digital TV broadcasting and services

Digiturk was incorporated as a digital platform in May, 1999. Digiturk purchases, produces and packages Turkish content. The company also produces television movies and series for Turkmax and owns the rights to most of these productions. Digiturk provides its viewers with services such as Digiturk Mobil TV and Digiturk Web TV. It is a wholly owned subsidiary of Cukurova Group. Cukurova provides technical broadcast infrastructure services for Show TV and other Cukurova Media Enterprises through Eksen. It also owns and operates Mepas as a media sales house in Turkey. Zedpas is another media marketing company for Show TV and ATV.


Automotive

Çukurova owned BMC, one of Turkey's largest vehicle manufacturers, for 24 years. The company was established in 1964 in partnership with the
British Motor Corporation The British Motor Corporation Limited (BMC) was a UK-based vehicle manufacturer, formed in early 1952 to give effect to an agreed merger of the Morris and Austin businesses.Morris-Austin Merger Company Named. ''The Times'', Friday, 29 February ...
, and was fully acquired by Çukurova in 1989. In 2013 BMC was passed to the
TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...
in settlement of tax debts owed to the Turkish government. Maysan Mando is a vehicle parts manufacturer established in 1969. It became a joint venture with the South Korean
Mando Corporation The Mando Corporation ( ko, 만도)(KRX:204320), with headquarters in Seoul, Korea, is the largest global Tier 1 Korean Original Equipment Manufacturer and supplier to General Motors, Cadillac, Ford, Chrysler, Chevrolet, Nissan, Kia Motors Co ...
in 1997.Maysan Mando
Profile of Maysan Mando
/ref>


Construction

Construction and construction machinery (Cukurova Insaat Makinalari, Cukurova Ithalat, Cukurova Ziraat and Cukurova Makina Imalat),


Other sectors

The Cukurova Group also operates in 4 other sectors: * chemicals (Cukurova Kimya and Daussan Cukurova Kimaya), * paper (Atkasan, Kaplamin, Ova Sca Packaging, Sca Packaging and Selkasan), * steel pipe manufacturing (Noksel) and * textiles (Cukurova Sanayi Isletmeleri).


Former assets

*
Pamukbank Pamukbank T.A.Ş. is a defunct Turkish bank. Founded in 1955 as a privately owned deposit bank, it was taken over by the government's TMSF in 2002, because of a $2.5bn capital shortfall, and merged into Halkbank in November 2004.Turkish Banks Ass ...
(taken over by the government's
TMSF The Savings Deposit Insurance Fund of Turkey ( tr, Tasarruf Mevduatı Sigorta Fonu), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was found ...
in 2002) * Yapı ve Kredi Bankası (sold in 2005)


References


External links


www.cukurovaholding.com.tr
{{DEFAULTSORT:Cukurova Holding Conglomerate companies of Turkey Companies based in Mersin Holding companies established in 1923 Holding companies of Turkey Beşiktaş Turkish companies established in 1923