Koç Holding A.Ş. (Turkish pronunciation: [kotʃ]) is the largest industrial conglomerate in Turkey, and the only company in the country to be listed on the Fortune Global 500 as of 2016.[5] The company, headquartered in Nakkaştepe, Istanbul, is controlled by the Koç family, one of Turkey's wealthiest families.[6]
The company was formed in 1963 when founder Vehbi Koç, who established his first firm in 1926, combined all of the companies bearing his name into Koç Holding.
The first firm that was to become Koç Holding was established in 1926 by Vehbi Koç.[7]
In 1984, Vehbi Koç handed his position as chairman of the board over to his son Rahmi M. Koç.[7]
In September 1988, the company moved its headquarters from Fındıklı, Istanbul, to Nakkaştepe on the Anatolian part of Istanbul.[7]
On April 4, 2003, Rahmi Koç retired and handed his position over to his eldest son Mustafa V. Koç. Rahmi Koç retained the title of honorary chairman and a seat on the board of directors.[8]
In February 2015, Levent Çakıroğlu replaced Turgay Durak as CEO.[9]
In 2016 Q1, Omer Koc became the chairman of the board following the death of Mustafa V. Koç.[10]
Operations
The shares of 16 Koç Group companies are traded on the Istanbul Stock Exchange; together, the groups comprise 113 companies, 90,000 employees, and 14,000 dealers, agencies, and after-sales services people.[11]
Group companies
Akpa A.Ş.
Arçelik A.Ş. – the electronics and home appliances division which includes Beko and Grundig
^Wires, Daily Sabah with (2016-02-22). "Ömer Koç becomes chairman of Turkey's largest conglomerate after death of brother Mustafa Koç". Daily Sabah. Retrieved 2020-05-14.
^Yamak, Sibel; Ertuna, Bengi (2017-03-22). A Primer on Corporate Governance: Turkey. Business Expert Press. ISBN978-1-60649-883-5.
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For other uses see KOC disambiguation Koc Holding A S Turkish pronunciation kotʃ is the largest industrial conglomerate in Turkey and the only company in the country to be listed on the Fortune Global 500 as of 2016 5 The company headquartered in Nakkastepe Istanbul is controlled by the Koc family one of Turkey s wealthiest families 6 Koc Holding A S TypeAnonymous companyTraded asBIST KCHOLIndustryConglomerateFounded1963 59 years ago 1963 FounderVehbi KocHeadquartersKuzguncuk Uskudar IstanbulArea servedWorldwideKey peopleOmer Koc chairman Ali Koc Vice President Levent Cakiroglu CEO Ahmet Ashaboglu CFO 1 ProductsEnergy automotive consumer durables finance retail construction tourism shipping defence information technology investment foodRevenue 143 2 billion 30 billion 2018 2 Net income 5 5 billion 2018 2 Total assets 125 3 billion 2018 2 Total equity 33 3 billion 2018 2 Number of employees120 304 3 SubsidiariesList ArcelikAygazFord OtosanKoctasKocSistemOpetOtokarRMK MarineTofasTuprasYapi Kredi 4 Websitewww wbr koc wbr com wbr trThe company was formed in 1963 when founder Vehbi Koc who established his first firm in 1926 combined all of the companies bearing his name into Koc Holding Contents 1 History 2 Operations 3 Group companies 4 References 5 External linksHistory EditThe first firm that was to become Koc Holding was established in 1926 by Vehbi Koc 7 In 1984 Vehbi Koc handed his position as chairman of the board over to his son Rahmi M Koc 7 In September 1988 the company moved its headquarters from Findikli Istanbul to Nakkastepe on the Anatolian part of Istanbul 7 On April 4 2003 Rahmi Koc retired and handed his position over to his eldest son Mustafa V Koc Rahmi Koc retained the title of honorary chairman and a seat on the board of directors 8 In February 2015 Levent Cakiroglu replaced Turgay Durak as CEO 9 In 2016 Q1 Omer Koc became the chairman of the board following the death of Mustafa V Koc 10 Operations EditThe shares of 16 Koc Group companies are traded on the Istanbul Stock Exchange together the groups comprise 113 companies 90 000 employees and 14 000 dealers agencies and after sales services people 11 Group companies EditAkpa A S Arcelik A S the electronics and home appliances division which includes Beko and Grundig Arcelik LG Klima San Tic A S Ark Insaat A S Aygaz A S Aygaz Dogal Gaz Toptan Satis A S Beko A and NZ Pty Ltd Beko Egypt Trading LLC Beko Electrical Appliances Co Ltd Beko Electronics Espana S L Beko France S A S Beko Grundig Deutschland GmbH Beko Italy S r l Beko LLC Beko P L C Beko S A Beko S A Cesko Beko Shanghai Trading Co Beko Slovakia S R O Beko Thai Beko Ukraine LLC Bilkom A S Defy Appliances Pty Ltd Demir Export A S Ditas Deniz Isletmeciligi ve Tankerciligi A S Divan Turizm Isletmeleri A S Hotels and restaurants patisseries Duzey A S Elektra Bregenz A G Entek Elektrik Uretimi A S Ford Otomotiv San A S joint venture with Ford Grundig Intermedia Gmbh Inventram A S Koc Bilgi ve Savunma Teknolojileri A S Koc Fiat Kredi Finansman A S Koc Holding A S Koc Holding Emekli ve Yardim Sandigi Vakfi Koc School Koc University Kocfinans Koc Finansman A S Consumer finance KocSistem Bilgi ve Iletisim Hizm A S Koctas Yapi Marketleri A S Marmaris Altinyunus A S Opet Fuchs Madeni Yag A S Opet International London Ltd Opet Petrolculuk A S Opet Trade Singapore Pte Ltd Otokar Otobus Karoseri San A S Otokar Otomotiv ve Savunma Sanayi A S Otokoc Otomotiv Tic ve San A S Otokoc Sigorta Aracilik Hizmetleri A S Promena Elektronik Ticaret A S Ram Dis Ticaret A S RMK Marine Gemi Yapim Sanayi ve Deniz Tasimaciligi Isletmesi A S S C Arctic S A Setair Hava Tasimaciligi ve Hizm A S Setur Marinalari Marina ve Yat Isletmeciligi Setur Servis Turistik A S Tani Pazarlama ve Iletisim Hizmetleri A S Tat Gida Sanayi A S THY OPET Havacilik Yakitlari A S Tofas Tofas Turk Otomobil Fabrikasi A S Tupras Tupras Turkiye Petrol Rafinerileri A S Turk Traktor ve Ziraat Makinalari A S Voltas Beko Yapi Kredi Bank Azerbaycan Yapi Kredi Bank Moskow Yapi Kredi Bank Nederland N V Yapi Kredi Faktoring A S Yapi Kredi Finansal Kiralama A O Yapi Kredi Kultur ve Sanat Yayincilik Tic ve San A S Yapi Kredi Portfoy Yonetimi A S Yapi Kredi Yatirim Menkul Degerler A S Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi A S Yapi ve Kredi Bankasi A S Zer Merkezi Hizmetler A S Eko TV Gorsel TV Yayin A S References Edit Key People Koc Holding A S Retrieved 2012 06 16 a b c d Selected Historical Data Retrieved April 3 2017 Finansal Raporlar Retrieved 24 April 2015 Group Companies Koc Holding A S Retrieved 2012 06 16 Koc only Turkish entry on Fortune Global 500 list TodaysZaman Archived from the original on 27 January 2016 Retrieved 24 April 2015 Forbes 2010 yA lA nA n milyarderler listesini aA A kladA 11 March 2010 Retrieved 24 April 2015 a b c Salihovic Elnur 2015 10 05 Major Players in the Muslim Business World Universal Publishers ISBN 978 1 62734 052 6 The Economist Economist Newspaper Limited 2003 UPDATE 1 Turkish conglomerate Koc Holding names new CEO reuters com 2015 02 17 Retrieved 2017 04 03 Wires Daily Sabah with 2016 02 22 Omer Koc becomes chairman of Turkey s largest conglomerate after death of brother Mustafa Koc Daily Sabah Retrieved 2020 05 14 Yamak Sibel Ertuna Bengi 2017 03 22 A Primer on Corporate Governance Turkey Business Expert Press ISBN 978 1 60649 883 5 External links EditOfficial website Coordinates 41 1 55 N 29 2 14 E 41 03194 N 29 03722 E 41 03194 29 03722 Retrieved from https en wikipedia org w index php title Koc Holding amp oldid 1123070528, wikipedia, wiki, book, books, library,
