Türkerler

What Türkerler does

Türkerler Holding Anonim Şirketi is a privately held Turkish conglomerate founded in 1973 by Kazım Türker, headquartered in Ankara within the Mahall Ankara mixed-use complex. The holding operates 137 subsidiary and affiliated companies across nine sectors — renewable energy generation, electricity distribution and retail, real estate investment, property management, construction and contracting, mining, tourism, healthcare, and textile — employing 24,000+ people. The group's core assets include 526.7 MWe of active renewable capacity across 15 wind, hydroelectric, and geothermal plants (with a 3,953 MW targeted pipeline), a 30-year exclusive electricity distribution license in eastern Turkey serving 2M+ consumers via VEDAŞ/VEYAS/VEPSAS, and over 8,000 hospital beds across three PPP-integrated health campuses (Ankara Etlik, İzmir Bayraklı, Kocaeli).

The company generates revenue through a diversified mix of streams: (1) regulated electricity distribution tariffs and retail sales across Van, Bitlis, Muş, and Hakkâri; (2) renewable energy generation under YEKA feed-in tariff agreements (3.25 eurocents/kWh for 20 years) and bilateral/spot market sales; (3) real estate development of premium mixed-use projects (Mahall Ankara, Mahall Bomonti İzmir, Türkerler Çiftçi Towers, Mahall İstanbul) sold direct-to-consumer through branded websites and on-site sales offices; (4) long-term PPP managed-services contracts for healthcare campuses, financed by USD 1.1 billion from OPIC, EDC, and EBRD; (5) sustainable gold mining via the Rozino project in Bulgaria (573,000 oz resources); (6) tourism through the Canopy by Hilton İzmir Bomonti license; and (7) textile production under the Selen Giyim brand. Go-to-market is enterprise-led: competitive public tenders (YEKA), privatization auctions, PPP contracts with the Ministry of Health, and direct project sales for real estate. The holding is pursuing international expansion into Moldova (Cotujeni wind) and Bulgaria (Rozino gold), and corporate press releases through January 2026 indicate ongoing operational momentum.

Name

Türkerler

Legal name

Türkerler Holding Anonim Şirketi

Website

https://turkerler.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Türkerler Holding is a privately held Turkish conglomerate operating 137 companies across 9 sectors including renewable energy, electricity distribution, real estate, healthcare PPP, mining, tourism, and textile, serving government clients, regulated utility consumers, and premium property buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Çankaya

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Generation: Revenue is generated through the generation and sale of electricity from wind, solar, hydroelectric, and geothermal power plants. Sales are made to the grid under long-term feed-in tariff agreements (YEKA) and through bilateral contracts and spot market sales.
2. Electricity Distribution and Retail Sales: Revenue is generated through regulated electricity distribution tariffs and retail electricity sales to approximately 2 million+ consumers across Van, Bitlis, Muş, and Hakkâri provinces, as well as wholesale electricity trading.
3. Real Estate Development and Sales: Revenue from residential and commercial property sales, including premium mixed-use developments such as Mahall Ankara, Mahall Bomonti İzmir, and Türkerler Çiftçi Towers. Properties include residences, offices, retail spaces, and hotels.
4. Property Management Services: Professional property management services including daily maintenance, security, cleaning, landscaping, and financial management (dues, accounting, reporting) for owned properties.
5. Construction Contracting: Revenue from infrastructure and superstructure construction projects including dams, wastewater treatment plants, metro tunnels, highway junctions, gas pipelines, compressor stations, and public buildings across Turkey.
6. Healthcare PPP Operations: Revenue from the construction and long-term operational management of integrated healthcare campuses under public-private partnership agreements, serving millions of patients across multiple Turkish cities.
7. Mining Operations: Revenue from sustainable mining operations, including the Rozino Gold Project in Bulgaria (573,000 oz proven/probable gold resources, targeting 54,000 oz/year production) and domestic mining investments.
8. Tourism and Hospitality: Revenue from the operation of Canopy by Hilton İzmir Bomonti, a luxury boutique hotel operated under Hilton's lifestyle brand license, as part of the Mahall Bomonti İzmir mixed-use project.
9. Textile Production and Trade: Revenue from textile production and trade through Selen Giyim brand, serving both domestic and international markets with women's apparel products.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Türkerler Holding is a diversified Turkish conglomerate operating 137 companies across nine sectors: renewable energy, electricity distribution, real estate, healthcare (hospital PPP), construction, mining, tourism, textile, and property management. Founded in 1973, the group employs more than 24,000 people and earns revenue primarily through long-term infrastructure concessions, government PPP contracts, and project-based industrial and commercial operations. Its core revenue pillars are renewable energy generation, licensed electricity distribution, hospital PPP projects, real estate development, and construction.

Product overview

Türkerler Holding operates as a diversified conglomerate with a portfolio of nine business sectors and 137 companies. The holding's core product/service ecosystem spans renewable energy generation (Türker Yenilenebilir Enerji, managing 15 active plants at 527 MWe and development projects including YEKA wind and solar), electricity distribution and retail sales (VEDAŞ, VEYAŞ, VEPSAŞ, Lina serving 2M+ population in Eastern Anatolia), real estate development (flagship mixed-use projects Mahall Ankara, Mahall Bomonti İzmir, Türkerler Çiftçi Towers), healthcare infrastructure via PPP (Ankara Etlik with 4,050 beds, İzmir Bayraklı with 2,060 beds, Kocaeli with 1,200 beds), mining (Türker Global Madencilik, including the Rozino Gold Project in Bulgaria), tourism (Canopy by Hilton İzmir Bomonti), textile (Selen Giyim), and construction & contracting. The subsidiaries operate as semi-autonomous business units under centralized holding management, with individual product brands and websites.

Differentiator

Problem solved

Functional benefit

Brands

• Mahall Ankara: Premium mixed-use development in Ankara featuring residences, offices, and retail space
• Mahall Bomonti İzmir
• Mahall İstanbul
• Türkerler Çiftçi Towers
• Türker Yenilenebilir Enerji
• VEDAŞ (Vangölü Elektrik Dağıtım)
• Türker Global Madencilik
• Selen Giyim
• Canopy by Hilton İzmir Bomonti
• Palet
• Türkerler GYO

Products and services

• Renewable Energy Generation Generation of electricity from renewable sources (wind, solar, hydroelectric) sold to the Turkish grid under feed-in tariff and bilateral agreements.
• Electricity Distribution Licensed distribution of electricity to end customers in assigned Turkish service regions, operated under regulated concessions.
• Hospital PPP Projects Design, construction, financing, and operation of hospital facilities under public-private partnership (PPP) contracts with the Turkish Ministry of Health.
• Real Estate Development Development of residential, commercial, and mixed-use real estate projects in Turkey.
• Construction Contracting General construction services for buildings, infrastructure, and industrial facilities, including internal delivery for the group's own projects.
• Mining Operations Extraction and sale of mineral resources.
• Tourism Services Operation of tourism and hospitality services.
• Textile Products Manufacture and sale of textile products.
• Property Management Management of residential, commercial, and mixed-use properties.

Quantifiable outcome

• 1.75 TWh/year clean electricity generation from the Sivas 500 MW wind project, meeting ~650,000 households' annual energy needs and preventing ~1.1 million tonnes CO₂ emissions annually.
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Velocity Minerals Ltd.coreStrategic or Co-development Partner · 24 February 2024Türker Global Madencilik A.Ş., operating under Türkerler Holding, acquired the Rozino Gold Project from Velocity Minerals Ltd. on February 24, 2024. The project is located in southeastern Bulgaria (Ivaylovgrad and Krumovgrad municipalities) and is an advanced open-pit gold mining project using cyanide-free flotation enrichment, fully compliant with EU standards.
• Dokuz Eylül UniversityminorStrategic or Co-development Partner · 1 January 2018Joint development of the Kazım Türker Art Gallery at Dokuz Eylül University Faculty of Fine Arts in İzmir, opened in January 2018. The gallery is part of Türkerler's CSR programme and provides a cultural venue for the İzmir art community.
• OTV International (Veolia Water)minorStrategic or Co-development Partner · 1 January 2016Strategic wastewater treatment partnership with OTV International (a Veolia Water company) for wastewater treatment projects, including OTV International's operations in Turkey.
• Globeco Windenergy S.R.L. / Delta Investments Nord S.R.L.coreStrategic or Co-development PartnerTürker Yenilenebilir Enerji Yatırım A.Ş. acquired the 50.4 MW Cotujeni Wind Energy Project in Moldova through the sale agreement of Delta Investments Nord S.R.L. and Globeco Windenergy S.R.L. The project is Türkerler's first overseas energy investment, aligning with EU sustainability principles.
• Hilton Worldwide (Canopy by Hilton)coreOEM/ Whitelabel/ Licensing PartnerCanopy by Hilton İzmir Bomonti is operated under Hilton's Canopy lifestyle brand license, located within the Mahall Bomonti İzmir mixed-use project. The hotel offers a unique accommodation experience combining local culture with modern comfort through Hilton's global brand standards and distribution network.

Scale indicators19 records

Recent moves6 records

Expansion highlights13 records

Direct peers

• Limak Holding: Diversified Turkish group with construction, infrastructure (including airport concessions), energy and tourism activities. Comparable to Türkerler Holding for its construction-led conglomerate profile combining energy generation, real estate/tourism, and major public infrastructure execution.
• Çalık Holding: Turkish diversified conglomerate with activities in construction, energy generation/distribution, textile, and finance. Directly comparable to Türkerler Holding for energy distribution and YEKA-style renewable project exposure combined with construction and textile operations.
• Rönesans Holding: Major Turkish conglomerate operating across construction, real estate, energy generation, and PPP healthcare (Rönesans Sağlık Yatırım). The closest direct peer to Türkerler Holding in terms of multi-sector Turkish holding structure with substantial PPP healthcare infrastructure exposure and large-scale construction contracting.
• Kalyon Group: Turkish holding with significant construction, infrastructure, and renewable energy operations (including solar panel manufacturing and YEKA-scale solar projects). Comparable to Türkerler Holding for its renewable-energy-led diversification alongside construction contracting at national scale.
• IC Holding (İbrahim Çeçen Yatırım): Diversified Turkish holding with energy, construction, infrastructure, and aviation operations. Comparable to Türkerler Holding for its energy generation and construction conglomerate profile with active infrastructure bidding.
• ENKA İnşaat: One of Turkey's largest construction firms with significant energy generation (natural gas and renewable power plants) and real estate operations (ENKA Real Estate). Highly comparable to Türkerler Holding as a Turkey-rooted construction company with proprietary energy generation and premium real estate development.
• Kolin İnşaat: Major Turkish construction firm with energy generation (Kolin Enerji including hydro and renewables) and infrastructure PPP operations. Comparable to Türkerler Holding as a construction-anchored group with proprietary power generation capabilities.

Broad incumbents

• Sanko Holding: Long-established Turkish conglomerate active in textiles, energy generation, construction materials, and packaging. Comparable to Türkerler Holding for its multi-sector diversification pattern and significant textile + energy exposure.
• Doğan Holding: Turkish private conglomerate with diversified operations historically spanning energy, real estate, industry, and other sectors. Comparable to Türkerler Holding as a multi-sector Turkish private holding company with similar heritage and breadth of operating verticals.
• Sabancı Holding: Turkey's largest publicly listed industrial conglomerate with substantial energy (Enerjisa joint venture with E.ON), banking, industrial materials, and retail operations. Comparable to Türkerler Holding as a benchmark diversified Turkish holding with major energy and infrastructure exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/turkerlerholding
• LinkedInlinkedin.com/company/turkerler-holding
• Facebookfacebook.com/TurkerlerHolding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 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 Türkerler