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Eren Holding

Eren Holding is a conglomerate headquartered in Istanbul, Turkey. It has business interests in paper, packaging, cement, energy, retail, textile, and tourism.[2] The company was established in 1997 although the history of the group dates back to 1969.

Eren Holding
TypePrivate
IndustryConglomerate
Founded1997
Headquarters
Istanbul, Turkey
Area served
Worldwide
ProductsEnergy
Cement
Paper consumer durable retail tourism
ServicesRetail
Tourism
Revenue$6.1 billion (May 2021)[citation needed]
$1.3 billion[citation needed]
$440 million[citation needed]
Total assets$5.2 billion[citation needed]
Total equity$4.4 billion[citation needed]
Number of employees
10,000[1]
Subsidiaries
List
  • Eren Energy
    Medcem Cement
Websitewww.erenholding.com.tr

Eren Holding's chairman and CEO is Ahmet Eren. The group employs 10,000 employees.

Due to its cement factory, coal-fired power stations in Turkey and coal-fired steam boiler[3] it is one of the largest private sector greenhouse gas emitters in Turkey.[4]

History

Eren was established by four brothers from Bitlis. In 1969, Er-os Çamaşırları A.Ş., an underwear manufacturer and trademark was established. In 1998, Eren Holding entered the energy sector with Modern Enerji Elektrik Üretim Otoprodüktör Grubu A.Ş. In 2003, the Rixos Hotel Bodrum was put into service in Bodrum, Turkey, marking the company's entry into the tourism industry. In 2007, Eren Enerji started construction of a 1360 MW coal-fired power plant in Zonguldak, which was completed in 2010. In 2012, Eren Perakende created the multi-brand shoe concept SuperStep stores and multi-brand kids store chain SuperKids. In 2014, a 6 MW biomass power plant started operating. In 2015, Modern Enerji established the first solid waste incineration facility in Turkey. Also in 2015, Modern Karton completed construction of a new paper factory.[citation needed]

In 2019, Eren Enerji Elektrik Üretim A.Ş received a silver award at the industry and energy category of the Green World Awards.[5] That was criticized by environmental organizations as greenwashing.[6]

Operations

Eren Holding controls businesses across several sectors, including energy, paper, cement, retail, ports, packaging, textile, and tourism. It owns ports in Zonguldak and Mersin.[7] Its subsidiaries Eren Kağıt and Modern Karton collect waste paper and recycle it into corrugated fiberboard.[8]

Eren owns Turkey's biggest cement factory—Medcem Çimento—in Mersin.[9] As local demand collapsed in 2019, the factory concentrates on exports.[10]

ErenTekstil A.Ş. manufactures cotton textiles.[11] Eren Perakende represent a number of international brands in Turkey, including Lacoste,[12] Burberry, GANT, Nautica and Converse. In addition to its physical stores, it sells online through Occasion, Sanal Çadır, SuperStep and FashFed [13] e-commerce sites.

Eren Holding's subsidiary Eren Enerji owns the coal-fired ZETES power stations.[14] Another energy subsidiary, Modern Enerji, owns a solid waste incineration facility and natural gas-fired and biomass-fired power plants in Çorlu.

Eren develops tourism projects in Istanbul and Bodrum.[15]

Greenhouse gas emissions

As the largest private sector owner of coal-fired electricity generating capacity in Turkey[16] the company is on the Global Coal Exit List[17] and is likely also the largest private sector greenhouse gas emitter in the country: however although corporate emissions measurements are reported to the government they are not published.[18]

References

  1. ^ "Chairman's Message".
  2. ^ "Eren Holding". www.bloomberg.com. Retrieved 2019-12-24.
  3. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  4. ^ "Coal and Climate Change - 2017" (PDF).
  5. ^ "Winners 2019 – Green World Awards". Retrieved 2020-02-01.
  6. ^ "Öztürk: Eren'e verilen çevre ödülü bir algı operasyonu". Retrieved 2020-02-01.
  7. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  8. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  9. ^ "Medcem Maden". www.medcem.com.tr. Retrieved 2019-12-24.
  10. ^ "What characterised the cement world in 2019?". International Cement Review. 20 December 2019. Retrieved 2019-12-24.
  11. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  12. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  13. ^ "FashFed". Retrieved 2023-02-15.
  14. ^ "ZETES power stations - Global Energy Monitor". Ijglobal.com. Global Energy Monitor. Retrieved 2020-02-01.
  15. ^ "Eren Holding". www.erenholding.com.tr. Retrieved 2019-12-24.
  16. ^ SABAH, DAILY (2020-03-19). "Public, private companies rank among top three electric producers in Turkey: report". Daily Sabah. Retrieved 2020-03-21.
  17. ^ "Eren". coalexit.org. Retrieved 2020-03-06.
  18. ^ 7th communication v2 (2019), p. 72.

Sources

  • "Seventh National Communication (version 2) of Turkey under the UNFCCC (this is also the third biennial report)" (PDF). Ministry of Environment and Urbanization. August 2019.

eren, holding, conglomerate, headquartered, istanbul, turkey, business, interests, paper, packaging, cement, energy, retail, textile, tourism, company, established, 1997, although, history, group, dates, back, 1969, typeprivateindustryconglomeratefounded1997he. Eren Holding is a conglomerate headquartered in Istanbul Turkey It has business interests in paper packaging cement energy retail textile and tourism 2 The company was established in 1997 although the history of the group dates back to 1969 Eren HoldingTypePrivateIndustryConglomerateFounded1997HeadquartersIstanbul TurkeyArea servedWorldwideProductsEnergyCementPaper consumer durable retail tourismServicesRetailTourismRevenue 6 1 billion May 2021 citation needed Operating income 1 3 billion citation needed Net income 440 million citation needed Total assets 5 2 billion citation needed Total equity 4 4 billion citation needed Number of employees10 000 1 SubsidiariesList Eren EnergyMedcem CementWebsitewww wbr erenholding wbr com wbr trEren Holding s chairman and CEO is Ahmet Eren The group employs 10 000 employees Due to its cement factory coal fired power stations in Turkey and coal fired steam boiler 3 it is one of the largest private sector greenhouse gas emitters in Turkey 4 Contents 1 History 2 Operations 3 Greenhouse gas emissions 4 References 4 1 SourcesHistory EditEren was established by four brothers from Bitlis In 1969 Er os Camasirlari A S an underwear manufacturer and trademark was established In 1998 Eren Holding entered the energy sector with Modern Enerji Elektrik Uretim Otoproduktor Grubu A S In 2003 the Rixos Hotel Bodrum was put into service in Bodrum Turkey marking the company s entry into the tourism industry In 2007 Eren Enerji started construction of a 1360 MW coal fired power plant in Zonguldak which was completed in 2010 In 2012 Eren Perakende created the multi brand shoe concept SuperStep stores and multi brand kids store chain SuperKids In 2014 a 6 MW biomass power plant started operating In 2015 Modern Enerji established the first solid waste incineration facility in Turkey Also in 2015 Modern Karton completed construction of a new paper factory citation needed In 2019 Eren Enerji Elektrik Uretim A S received a silver award at the industry and energy category of the Green World Awards 5 That was criticized by environmental organizations as greenwashing 6 Operations EditEren Holding controls businesses across several sectors including energy paper cement retail ports packaging textile and tourism It owns ports in Zonguldak and Mersin 7 Its subsidiaries Eren Kagit and Modern Karton collect waste paper and recycle it into corrugated fiberboard 8 Eren owns Turkey s biggest cement factory Medcem Cimento in Mersin 9 As local demand collapsed in 2019 the factory concentrates on exports 10 ErenTekstil A S manufactures cotton textiles 11 Eren Perakende represent a number of international brands in Turkey including Lacoste 12 Burberry GANT Nautica and Converse In addition to its physical stores it sells online through Occasion Sanal Cadir SuperStep and FashFed 13 e commerce sites Eren Holding s subsidiary Eren Enerji owns the coal fired ZETES power stations 14 Another energy subsidiary Modern Enerji owns a solid waste incineration facility and natural gas fired and biomass fired power plants in Corlu Eren develops tourism projects in Istanbul and Bodrum 15 Greenhouse gas emissions EditAs the largest private sector owner of coal fired electricity generating capacity in Turkey 16 the company is on the Global Coal Exit List 17 and is likely also the largest private sector greenhouse gas emitter in the country however although corporate emissions measurements are reported to the government they are not published 18 References Edit Chairman s Message Eren Holding www bloomberg com Retrieved 2019 12 24 Eren Holding www erenholding com tr Retrieved 2019 12 24 Coal and Climate Change 2017 PDF Winners 2019 Green World Awards Retrieved 2020 02 01 Ozturk Eren e verilen cevre odulu bir algi operasyonu Retrieved 2020 02 01 Eren Holding www erenholding com tr Retrieved 2019 12 24 Eren Holding www erenholding com tr Retrieved 2019 12 24 Medcem Maden www medcem com tr Retrieved 2019 12 24 What characterised the cement world in 2019 International Cement Review 20 December 2019 Retrieved 2019 12 24 Eren Holding www erenholding com tr Retrieved 2019 12 24 Eren Holding www erenholding com tr Retrieved 2019 12 24 FashFed Retrieved 2023 02 15 ZETES power stations Global Energy Monitor Ijglobal com Global Energy Monitor Retrieved 2020 02 01 Eren Holding www erenholding com tr Retrieved 2019 12 24 SABAH DAILY 2020 03 19 Public private companies rank among top three electric producers in Turkey report Daily Sabah Retrieved 2020 03 21 Eren coalexit org Retrieved 2020 03 06 7th communication v2 2019 p 72 Sources Edit Seventh National Communication version 2 of Turkey under the UNFCCC this is also the third biennial report PDF Ministry of Environment and Urbanization August 2019 Retrieved from https en wikipedia org w index php title Eren Holding amp oldid 1140050553, wikipedia, wiki, book, books, library,

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