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Çukurova Holding

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, construction, communication and IT, media, transportation, financial services and energy.[1] Çukurova Holding managed its newspapers, magazines and radio stations under TurkMedya, in the Çukurova Media Group, but transferred most remaining media assets to the state TMSF in 2013, in settlement of a tax debt. Çukurova has been involved in litigation since 2005 over part-ownership of Turkcell.[1]

Çukurova Holding
Company typePrivate
IndustryCommunication/Corporate
Founded1923 Tarsus, Mersin
FounderMehmet Emin Karamehmet
Headquarters,
Key people
Mehmet Emin Karamehmet
Number of employees
N/A
Websitewww.cukurovaholding.com.tr

Media edit

On 18 May 2013 Çukurova Media Group transferred a substantial number of its properties to the state TMSF, in partial settlement of a tax debt.[2] With various media properties closed down in previous years, it leaves Çukurova with few media assets.

Digital TV broadcasting and services edit

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 edit

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, and was fully acquired by Çukurova in 1989. In 2013 BMC was passed to the TMSF in settlement of tax debts owed to the Turkish government.[3]

Maysan Mando is a vehicle parts manufacturer established in 1969. It became a joint venture with the South Korean Mando Corporation in 1997.[4]

Construction edit

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

Other sectors edit

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 edit

References edit

  1. ^ a b Forbes, Mehmet Emin Karamehmet
  2. ^ "TMSF, 'Show'a el koydu". radikal. 18 May 2013. Retrieved 18 May 2013.
  3. ^ turkishpress.com, 24 May 2013, Turkish deposit insurer takes over more Cukurova ventures
  4. ^ Maysan Mando, Profile of Maysan Mando

External links edit

  • www.cukurovaholding.com.tr

çukurova, holding, established, 1923, industrial, commercial, conglomerate, based, turkey, engaged, range, sectors, such, industrial, construction, communication, media, transportation, financial, services, energy, managed, newspapers, magazines, radio, statio. Cukurova Holding established in 1923 is an industrial and commercial conglomerate based in Turkey It is engaged in a range of sectors such as industrial construction communication and IT media transportation financial services and energy 1 Cukurova Holding managed its newspapers magazines and radio stations under TurkMedya in the Cukurova Media Group but transferred most remaining media assets to the state TMSF in 2013 in settlement of a tax debt Cukurova has been involved in litigation since 2005 over part ownership of Turkcell 1 Cukurova HoldingCompany typePrivateIndustryCommunication CorporateFounded1923 Tarsus MersinFounderMehmet Emin KaramehmetHeadquartersBarbaros Boulevard Ortakoy Carsi Besiktas Istanbul TurkeyKey peopleMehmet Emin KaramehmetNumber of employeesN AWebsitewww cukurovaholding com tr Contents 1 Media 2 Digital TV broadcasting and services 3 Automotive 4 Construction 5 Other sectors 6 Former assets 7 References 8 External linksMedia editMain article Cukurova Media Group On 18 May 2013 Cukurova Media Group transferred a substantial number of its properties to the state TMSF in partial settlement of a tax debt 2 With various media properties closed down in previous years it leaves Cukurova with few media assets Digital TV broadcasting and services editMain article Digiturk 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 editMain article BMC Turkey Cukurova 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 and was fully acquired by Cukurova in 1989 In 2013 BMC was passed to the TMSF in settlement of tax debts owed to the Turkish government 3 Maysan Mando is a vehicle parts manufacturer established in 1969 It became a joint venture with the South Korean Mando Corporation in 1997 4 Construction editMain article Cukurova construction firm Construction and construction machinery Cukurova Insaat Makinalari Cukurova Ithalat Cukurova Ziraat and Cukurova Makina Imalat Other sectors editThe 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 editPamukbank taken over by the government s TMSF in 2002 Yapi ve Kredi Bankasi sold in 2005 References edit a b Forbes Mehmet Emin Karamehmet TMSF Show a el koydu radikal 18 May 2013 Retrieved 18 May 2013 turkishpress com 24 May 2013 Turkish deposit insurer takes over more Cukurova ventures Maysan Mando Profile of Maysan MandoExternal links editwww cukurovaholding com tr Retrieved from https en wikipedia org w index php title Cukurova Holding amp oldid 1118138197, wikipedia, wiki, book, books, library,

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