Limak Holding A.S. is a Turkish

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** ...

, with major interests in construction, energy, cement, and tourism. Its assets include the Limak Cement and Limak Energy companies and the Limak Tourism Group. In 2012 it had around $260m revenue from construction. Limak was launched in 1976 by Sezai Bacaksız and

Nihat Özdemir Nihat Özdemir (born 5 April 1950) is a Turkish business man, owner of Limak holding and former president of the Turkish Football Federation. He was the Deputy President and Press Spokesman for Turkish Süper Lig football club Fenerbahçe SK. ...

, with Özdemir focussing on cement and energy while Bacaksız focussed on airports and tourism.

Recent history

In May 2013 Limak Holding was part of a joint venture which won the EUR22bn contract to construct a third international airport in

Istanbul ) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_i ...

. The group had previously been part of a joint venture which in 2007 won a 20-year concession to operate Sabiha Gökçen International Airport, and in 2007, together with French firm Aéroport de Lyon, won the concession tender for Pristina International Airport Adem Jashari. In July 2013 it was part of a joint venture which acquired the daily newspaper ''

Akşam ''Akşam'' (''Evening'') is a Turkish newspaper founded in 1918, owned by Zeki Yeşildağ's Türk Medya Grup (T Medya Yatırım San. ve Tic. AŞ.) since 2013. In 2013 it had a circulation of around 100,000. History ''Akşams founders in 1918 incl ...

'', together with TV channel

Sky Turk 360 360 is a privately owned television channel in Turkey. History A sound bomb was thrown at the channel's headquarters in Belgradkapı, Zeytinburnu, Istanbul, on October 22, 2009, which was defused by the anti-bomb squad.'Akşam'', 22 October ...

and radio station Alem FM, for TL60m. In December 2013

was among the 41 suspects who were issued arrest orders in the second corruption probe. «Prosecutors also appear to be targeting construction companies involved in some of the government’s showpiece infrastructure projects. Those named in media reports included Nihat Ozdemir, head of Limak Group, part of a consortium that won the € 22 billion tender to build Istanbul’s third airport». In 2011 Özdemir and Bacaksız were listed as billionaires by ''

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 r ...

''. It is part owner with

IC Holding IC Holding, is a private conglomerate in Turkey including construction(IC Ictas Insaat), electricity generation (IC İçtaş Energy) and tourism (IC Hotels). It was founded by the current Chairman İbrahim Çeçen. İbrahim Çeçen's son, Fırat ...

of two coal-fired power stations in Turkey, Kemeköy power station and

Yeniköy power station Yeniköy power station is a 420 MW coal-fired power station in Turkey in Yeniköy, Muğla built in the late 20th century, which burns lignite mined locally. The plant is owned by Limak- IC İçtaş and in 2020 it received 93 million lira ($) capa ...

. Within the scope of the 'Our Love, Our Energy is with You' project, which was started in 2021, the company provided food and water aid to stray animals that had difficulty in finding food due to the cold weather in the winter months.

References

External links

Official Website
Conglomerate companies of Turkey Construction and civil engineering companies of Turkey Holding companies of Turkey Companies based in Ankara Conglomerate companies established in 1976 Construction and civil engineering companies established in 1976 Turkish companies established in 1976 Coal companies of Turkey {{Turkey-company-stub