Yenigün

What Yenigün does

Yenigün İnşaat Sanayi ve Ticaret A.Ş. is a privately held Turkish international general construction contractor headquartered in Ankara and founded in 1973 by Mithat Yenigün. The company is family-controlled, with Mithat Yenigün serving as President and his brother Fikret Yenigün as CEO. It executes large-scale, project-based construction contracts across transportation infrastructure (airports, runways, metro), dams and hydroelectric power plants, industrial facilities (refineries, steel and bottling plants), superstructures (hotels, sports venues, residential and commercial buildings), and military installations for government agencies and industrial/real-estate clients. Outside its core contracting activity, the group has diversified into adjacent verticals through its wholly owned subsidiary Yenigün Energy Production Corp., which operates the Söğütlükaya (Posof III) HEPP commissioned in 2011, and through direct real-estate development and hospitality assets including the Büyükyalı housing project in Istanbul, Zeynep Resort Hotel in Antalya, and Kasr-ı Nehroz boutique hotel in Mardin.

Geographically, Yenigün operates from headquarters in Turkey plus regional branch offices in Riyadh (established 2013) and Algiers (established 2014), and has delivered executed-project history across Russia (including Gazprom's Science and Technology Center in Moscow in 1995 and a 2019 joint partnership with Russia's AGK-1 for solid-waste-to-energy plants), Cameroon (the Japoma 50,000-seat stadium complex), Saudi Arabia, Kuwait (Kuwait International Airport apron), Iraq, Qatar, Poland, France, and Afghanistan. The go-to-market is enterprise field sales directed at governments, state-owned utilities, and large private operators; pricing is project-specific, not publicly disclosed, and contracts are won through competitive bids or direct negotiation. The firm was ranked 173rd globally in ENR's 2024 Top 250 International Contractors and 25th among 43 Turkish contractors internationally, and operates with a workforce of 5,000+ staff including more than 150 engineers. There is no public revenue disclosure; the President's stated targets are US$600M for 2020 and US$1B for 2025.

The revenue model is effectively one-time construction project contracts — lump-sum or cost-plus — supplemented by a small but recurring stream from owned energy and hospitality assets. Customer mix is anchored by repeated government/public-sector work (DSİ, NATO/US Army Corps of Engineers, the Saudi Prince Mohammad Bin Abdulaziz International Airport, Kuwait International Airport) alongside named enterprise clients including Socar & Turcas (STAR Aegean refinery), Coca-Cola (bottling facility), OAO Gazprom (Moscow Science and Technology Center), and Forza Turizm (Zeynep Resort Hotel). Marketing channels are industry-traditional — multilingual corporate website, industry-association memberships (TMB, TÜSİAD, TOBB, INTES), and word-of-mouth/reputation — rather than digital demand generation, consistent with a bid-driven B2B contractor.

Name

Yenigün

Legal name

Yenigün İnşaat Sanayi ve Ticaret A.Ş.

Website

https://yenigun.com.tr

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Yenigün İnşaat is a privately held Turkish international general contractor (founded 1973, family-owned) executing large-scale infrastructure, transportation, dam/HEPP, industrial, and building projects for government and corporate clients across Turkey, Africa, the Middle East, and Russia.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

akta.pro secondary industry

Oil & Gas Processing & LNG Facility Construction (IMAFADAB)

Keywords

• General construction services
• Transportation infrastructure
• Industrial facility construction
• Hydroelectric power plants
• Civil engineering projects

Headquarters

HQ city

Ankara

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Project Contracts: Revenue generated from lump-sum or cost-plus construction contracts for infrastructure, buildings, industrial facilities, and specialized projects. Projects are typically awarded through competitive bidding or direct negotiation with clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Yenigün is a general construction contractor executing infrastructure, transportation, industrial facility, dam and hydroelectric power plant, water/sewage, real estate, energy, tourism, and consulting projects for public agencies and corporate clients across Turkey and international markets including Africa, the Middle East, Europe, and Central Asia. The firm operates with a workforce of more than 5,000 and over 150 engineers, delivering projects under tender-based contracts with organizations such as Socar & Turcas, Coca-Cola, Gazprom, and NATO / U.S. Army Corps of Engineers.

Product overview

Yenigün İnşaat Sanayi ve Ticaret A.Ş. is a Turkish construction company established in 1973 that provides comprehensive construction and engineering services. The company operates across four main sectors: Construction (housing, sports facilities, commercial buildings, military facilities), Energy (hydroelectric power plants through its subsidiary Yenigün Energy), Tourism (hotel ownership and development), and Consulting. The product portfolio includes general construction services, transportation infrastructure (airports, metro, highways), industrial facilities (refineries, steel plants), dam and hydroelectric projects, real estate investments, and hospitality operations. The company is ranked among the ENR Top 250 International Contractors and operates internationally across Africa, Middle East, Europe, and Central Asia.

Differentiator

Problem solved

Functional benefit

Brands

• Yenigün Energy: Energy production subsidiary operating hydroelectric power plants, including the Söğütlükaya (Posof III) HEPP in Ardahan province
• Yenigün Şirketler Grup

Products and services

• Transportation Infrastructure Construction

Quantifiable outcome

• Ranked 173rd globally in ENR Top 250 International Contractors 2024
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• AGK-1 (Russia)coreStrategic or Co-development Partner · 14 January 2019Joint partnership with Russian company AGK-1 for construction of two solid waste incineration and energy generation plants in Timonovo and Hmetyevo, Moscow region.
• Yapı Merkezi + Doğuş + Yüksel + Belen Joint VenturecoreStrategic or Co-development PartnerJoint venture partnership for Kadıkoy Kozyatağı Metro Project in Istanbul. Yenigün participated as one of five construction companies in this consortium.

Scale indicators4 records

Recent moves15 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Yenig%C3%BCnKariyer-104105169734452
• LinkedInlinkedin.com/company/yenig-n-in-aat-a-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 Yenigün