Limak Holding
| Industry | construction, energy, media |
|---|---|
| Founded | 1976 |
Key people | Nihat Özdemir[1] |
| Website | limak.com.tr |
Limak Holding A.S. is a Turkish conglomerate, with major interests in construction, energy, cement, and tourism. Its assets include the Limak Cement and Limak Energy companies and the Limak Tourism Group.[2] In 2012 it had around $260m revenue from construction.[3]
In May 2013 it was part of a joint venture which won the EUR22bn contract to construct a third international airport in Istanbul.[4] It had previously been part of a joint venture which in 2007 won a 20-year concession to operate Sabiha Gökçen International Airport,[5] and in 2007, together with French firm Aéroport de Lyon, won the concession tender for Pristina International Airport.[6] Other projects include the Yusufeli Dam.
In July 2013 it was part of a joint venture which acquired the daily newspaper Akşam, together with TV channel Sky Turk 360 and radio station Alem FM, for TL60m.[7]
Limak was launched in 1976 by Sezai Bacaksız and Nihat Özdemir, with Özdemir focussing on cement and energy while Bacaksız focussed on airports and tourism.[8] In 2011 Özdemir and Bacaksız were listed as billionaires by Forbes.[9]
References
- ↑ Hurriyet Daily News, 19 July 2013, Seized media assets of Turkish group suddenly sold to the winning contractor of Istanbul's 3rd airport
- ↑ Limak Holding, About us
- ↑ Engineering News Record, The Top 225 International Contractors, 2012
- ↑ Hurriyet, 3 May 2013, Üçüncü havalimanı ihalesini Limak-Cengiz-Mapa-Kolin-Kalyon OGG kazandı
- ↑ Today's Zaman, 11 July 2007, Limak wins airport bid for 1.93 bln euros in 38 rounds
- ↑ Today's Zaman: Kosovo to open to world with Turkish-built airport, by Ali Aslan Kiliç, 14 August 2010, Saturday
- ↑ Today's Zaman, 21 July 2013, Gov't asked to explain sale of media group, others
- ↑ Radikal, 18 August 2010, Limak'ın torunları staja başladı
- ↑ Forbes, The World's Billionaires 2011