What CABA does

CABA İnşaat A.Ş. (CABA Group) is a privately-held Turkish diversified conglomerate founded in 1998 in Diyarbakır and now headquartered in Çankaya, Ankara. It operates four core business areas — construction, energy, mining, and tourism/hospitality — plus a real estate investment portfolio. The construction division is the historical core, delivering road tunnels, housing estates, dormitories, hospitals, schools, and infrastructure as a general contractor for public-sector clients such as TOKİ, metropolitan municipalities, and universities; international projects include the 4.9 km Selahaddin Tunnel in Erbil, Iraq. The energy division, built from 2010 onward, includes the 340 MW Cizre Barajı HEPP, two wind power plants, and 24 solar energy generating systems, housed in five wholly-owned subsidiaries. The mining division operates the Dila Energy marble quarry in Karaman, producing 50,000 m³ per year of Crema Lüx, Crema G, and Crema Lumos blocks for export to China and India. The tourism division includes the 167-room Radisson Blu Hotel Diyarbakır (the city's only five-star property, opened April 2017 under a Radisson Hotel Groups franchise) and a planned Dedeman Hotel.

CABA makes money through five distinct revenue streams. Construction revenue is project-based, with fixed contract values won via competitive tenders from government and institutional clients — a one-time license model per project. Real estate development (Mesa Cadde in Istanbul, Lokasyon Beysukent in Ankara, 102 The Address in Romania, Cihan City in Iraq) generates lumpy unit-sale revenue as phases complete. Energy production delivers recurring revenue through grid sales from hydroelectric, wind, and solar capacity. Hospitality generates recurring revenue through rooms, food and beverage, events, and spa under the Radisson distribution network. Marble mining is sold as a commodity to international buyers via direct export from Mersin Port. The company is led by Chairman of the Board Cahit Balyen, employs 101–250 people, and operates subsidiaries in Turkey, Iraq, Romania, and export markets in Asia.

Name

CABA

Legal name

CABA İnşaat A.Ş.

Website

https://cabagrup.com.tr

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

CABA Group is a privately-held Turkish conglomerate founded in 1998, operating across construction contracting for public-sector clients, renewable energy generation (HEPP, wind, solar), marble mining and export, hotel operations under the Radisson brand, and real estate development in Turkey, Iraq, and Romania.

Ownership category

akta.pro rank

Headquarters

HQ city

Çankaya

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Contracting: CABA generates revenue by winning and executing large-scale construction contracts for government and institutional clients including housing projects, dormitories, schools, hospitals, tunnels, and infrastructure projects. Revenue is project-based with fixed contract values.
2. Investment Projects: The company invests in real estate development projects (residential complexes like Mesa Cadde, Lokasyon Beysukent, 102 The Address in Romania) and sells units to generate returns.
3. Energy Production: Through subsidiary companies, CABA operates solar energy plants (SEGS), wind power plants (WPP), and a hydroelectric plant (HEPP), generating revenue from energy sales to the grid.
4. Hotel Operations: The Radisson Blu Hotel Diyarbakır (opened April 2017) with 167 rooms generates revenue from hospitality services including rooms, restaurants, bars, events, and spa facilities.
5. Marble Mining and Export: The Dila Energy marble quarry in Karaman produces 50,000 m³ of marble blocks annually for export to China, India, and other markets.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

CABA is a diversified Turkish conglomerate that wins and executes large-scale construction contracts (TOKİ housing, university hospitals and dormitories, tunnels, infrastructure) for government and institutional clients, develops and operates renewable energy assets (1 HEPP, 2 WPP, 24 SEGS), runs marble quarrying and export operations (Dila Energy in Karaman, 50,000 m³ annual capacity), and invests in hospitality and real estate (Radisson Blu Hotel Diyarbakır, Dedeman Hotel, Mesa Cadde, 102 The Address, Cihan City, Lokasyon Beysukent).

Product overview

CABA Group is a diversified Turkish conglomerate operating across four core business segments: Construction, Energy, Mining, and Tourism. The construction division handles infrastructure projects including tunnels, housing, schools, hospitals, dormitories, and logistics centers throughout Turkey and Iraq. The energy division develops renewable energy projects including hydroelectric, wind, and solar power facilities. The mining division operates a marble quarry in Karaman province with annual production capacity of 50,000 m³. The tourism division operates hotel investments including the Radisson Blu Hotel Diyarbakır and Dedeman Hotel. Additionally, the company undertakes real estate investment projects such as Mesa Cadde in Istanbul and 102 The Address in Bucharest, Romania. CABA also maintains an active project portfolio spanning ongoing contracted projects for government clients like TOKİ and municipalities, completed infrastructure projects, and ongoing investment projects.

Differentiator

Problem solved

Functional benefit

Brands

• Dila Energy Marble: Marble quarry and processing operations located in Karaman province, producing Crema Lüx, Crema G, and Crema Lumos marble varieties exported to China and India

Products and services

• Construction Contracting Services Large-scale construction services including road tunnels, TOKİ housing projects, shopping malls, hotel construction, educational facilities, dormitories, hospitals, and infrastructure projects for government and institutional clients throughout Turkey and Iraq.
• Renewable Energy Generation Development and operation of renewable energy assets including 1 hydroelectric power plant (HEPP, 340 MW), 2 wind power plants (WPP), and 24 solar energy generating systems (SEGS) selling electricity to the grid across Turkey.
• Dila Energy Marble Plant Marble quarrying and processing operation in Lalelik, Sarıveliler District, Karaman province with 10 active benches, up to 4,000 tons monthly production capacity using Volvo equipment, producing beige marble blocks in varieties Crema Lux (Barbarossa), Crema G, and Crema Lumos for export to China, India, and other markets.
• Radisson Blu Hotel Diyarbakır Five-star hotel with 167 rooms, à la carte restaurant, main restaurant, 2 bars, 5 multipurpose halls, indoor swimming pool, and 1,000 m² Spa/Fitness area on 20,000 m² covered area. Operated under the Radisson brand franchise for business and leisure travelers and event clients in Diyarbakır.
• Dedeman Hotel Diyarbakır Hotel investment project in Diyarbakır with 25,000 m² construction zone and capacity of 150 rooms and a ballroom, developed for hospitality services.
• Mesa Cadde Real Estate Project Residential and commercial real estate development in Caddebostan, Bağdat Street (Istanbul) with residences, houses, and trading areas on 85,000 m², sold directly to end consumers and investors.
• Lokasyon Beysukent Real Estate Project Residential real estate development in Ankara's Beysukent district with 56,000 m² construction area, marketed to end buyers and investors.
• 102 The Address Real Estate Project (Romania) Residential/commercial real estate investment project in Bucharest, Romania with 49,835 m² construction area, marketed to buyers in Romania.
• Cihan City Real Estate Project (Iraq) Large-scale residential complex in Erbil, Iraq with 381,543 m² construction area developed for end-buyer sales in the Iraqi market.
• Selahaddin Tunnel Infrastructure Project Completed tunnel and road construction project in Erbil, Iraq comprising 4.9 km of tunnel and 8.82 km of road, executed as a turnkey infrastructure contract.

Quantifiable outcome

• 340 MW installed hydroelectric power capacity (Cizre Barajı HEPP)
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Radisson Hotel GroupscoreChannel Partner/ Reseller/ Distributor · 1 January 2017CABA invested in and developed the Radisson Blu Hotel Diyarbakır, which opened in April 2017. The hotel operates under Radisson Hotel Groups' brand franchise, featuring 167 rooms across 20,000 m². This is the only five-star hotel in Diyarbakır, providing international hospitality standards through the Radisson brand distribution network.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Limak Holding: Diversified Turkish group with construction, energy, cement, and tourism/airport assets. Comparable to CABA for combined construction, power generation, and hospitality investments.
• Rönesans Holding: One of Turkey's largest construction and energy conglomerates, active in infrastructure, real estate, and power generation. Comparable to CABA for diversified Turkish contracting with energy exposure and international project delivery.
• Kolin İnşaat: Major Turkish EPC contractor with highway, tunnel, hospital, and energy projects domestically and abroad. Comparable to CABA for general contracting on government infrastructure and tunnels.
• Sanko Holding: Turkish conglomerate with energy, construction, textile, and mining operations. Comparable to CABA's multi-vertical focus including renewables and mining/quarry operations.
• Tekfen Holding: Turkish engineering, construction, and agribusiness/real estate group. Comparable to CABA in public-sector construction execution and project-based contracting.
• IC Holding (IC İbrahim Çeçen): Turkish holding active across construction, energy (including HES), mining, and aviation. Closely comparable to CABA in multi-vertical structure, hydro and renewable assets, and mining exposure.
• Kalyon Group: Turkish conglomerate with construction, energy (renewables incl. solar EPC), and infrastructure operations, with major public-sector contracts. Comparable to CABA in vertical mix and reliance on Turkish government tenders.
• Doğuş Group: Large Turkish conglomerate spanning construction, energy, tourism, and real estate. Comparable to CABA in conglomerated energy/tourism/investment portfolio alongside infrastructure contracting.

Direct peers

• Ant Yapı: Turkish construction company executing large-scale residential, commercial, and infrastructure projects domestically and in Russia/CIS. Comparable for international project execution and government-backed real estate delivery.
• MNG Holding: Turkish group with construction, energy (including HES generation), mining, and real estate. Closely comparable to CABA's footprint of contracting plus renewables plus mining plus development.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/17941469

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CABA