Koç Holding

Koç Holding
Anonim şirket (A.Ş.)
Traded as BİST: KCHOL
Industry Conglomerate
Founded 1926
Founder Vehbi Koç
Headquarters Nakkaştepe, Istanbul
Area served
Worldwide
Key people
Ömer Koç (Chairman)
Levent Çakıroğlu (CEO)
Ahmet Ashaboğlu (CFO)[1]
Products Energy, automotive, consumer durables, finance, retail, construction, tourism, shipping, defence, information technology, investment, food
Revenue Increase € 21.238 Billion (2016)[2]
Increase € 1.579 Billion (2016)[2]
Total assets Increase € 23.739 Billion (2016)[2]
Total equity Increase € 9.9 Billion (2016)[2]
Number of employees
91,304 [3]
Subsidiaries

[4]

Website www.koc.com.tr/en-us/

Koç Holding A.Ş. (pronounced: Coach with a short syllable) is the largest industrial conglomerate in Turkey, and that country's only entry on the Fortune Global 500 list.[5] The company, headquartered in Nakkaştepe, Istanbul.[6] is controlled by the Koç family, one of Turkey's wealthiest families.[7]

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.[8]

History

The first firm that was to become Koç Holding was established in 1926 by Vehbi Koç. In 1963, Koç combined all of the companies bearing his name into Koç Holding.[8]

In 1984, Vehbi Koç handed his position as chairman of the board over to his son Rahmi M. Koç.

In September 1988, the company moved its headquarters from Fındıklı, Istanbul, to Nakkaştepe on the Anatolian part of Istanbul.

On April 4, 2003, Rahmi Koç retired and handed his position over to his eldest son Mustafa V. Koç. Rahmi Koç is still honorary chairman and a member of the board of directors.

In February 2015, Levent Çakıroğlu replaced Turgay Durak as CEO.[9]

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. Koç Holding is the only Turkish company to be listed in the Fortune Global 500 list, ranking at 248 for the year 2011.[10]

Fields of activities

Group companies

  • Akpa A.Ş.
  • Arçelik A.Ş. – the electronics and home appliances division which includes Beko and Grundig
  • Arçelik LG Klima San. Tic. A.Ş.
  • Ark İnşaat A.Ş.
  • Aygaz A.Ş.
  • Aygaz Doğal Gaz Toptan Satış A.Ş.
  • Beko A and NZ Pty Ltd
  • Beko Deutschland GMBH
  • Beko Egypt Trading LLC
  • Beko Electrical Appliances Co. Ltd.
  • Beko Electronics Espana S.L.
  • Beko France S.A.S
  • 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 Ukraine LLC
  • Bilkom A.Ş.
  • Defy Appliances (Pty) Ltd
  • Demir Export A.Ş.
  • Ditaş Deniz İşletmeciliği ve Tankerciliği A.Ş.
  • Divan Turizm İşletmeleri A.Ş. - Hotels and restaurants/patisseries
  • Düzey A.Ş.
  • Elektra Bregenz A.G
  • Entek Elektrik Üretimi A.Ş.
  • Ford Otomotiv San. A.Ş. - joint venture with Ford
  • Grundig Intermedia Gmbh
  • Inventram A.Ş.
  • Koç Bilgi ve Savunma Teknolojileri A.Ş.
  • Koç Fiat Kredi Finansman A.Ş.
  • Koç Holding A.Ş.
  • Koç Holding Emekli ve Yardım Sandığı Vakfı
  • Koç School
  • Koç University
  • Koçfinans – Koç Finansman A.Ş. - Consumer finance
  • KoçSistem Bilgi ve İletişim Hizm. A.Ş.
  • Koçtaş Yapı Marketleri A.Ş.
  • Marmaris Altınyunus A.Ş.
  • Migros Ticaret A.Ş. - Chain supermarkets
  • Opet Fuchs Madeni Yağ A.Ş.
  • Opet International London Ltd.
  • Opet Petrolcülük A.Ş.
  • Opet Trade (Singapore) Pte. Ltd.
  • Otokar Otobüs Karoseri San. A.Ş.
  • Otokar Otomotiv ve Savunma Sanayi A.Ş.
  • Otokoç Otomotiv Tic. ve San. A.Ş.
  • Otokoç Sigorta Aracılık Hizmetleri A.Ş.
  • Promena Elektronik Ticaret A.Ş.
  • Ram Dış Ticaret A.Ş.
  • RMK Marine Gemi Yapım San. Deniz Taş. İşl. A.Ş.
  • S.C. Arctic S.A.
  • Setair Hava Taşımacılığı ve Hizm. A.Ş.
  • Setur Marinaları Marina ve Yat İşletmeciliği
  • Setur Servis Turistik A.Ş.
  • Tanı Pazarlama ve İletişim Hizmetleri A.Ş.
  • Tat Gıda Sanayi A.Ş.
  • THY OPET Havacılık Yakıtları A.Ş.
  • Tofaş – Tofaş Türk Otomobil Fabrikası A.Ş.
  • Tüpraş – Tüpraş-Türkiye Petrol Rafinerileri A.Ş.
  • Türk Traktör ve Ziraat Makinaları A.Ş.
  • Yapı Kredi Bank Azerbaycan
  • Yapı Kredi Bank Moskow
  • Yapı Kredi Bank Nederland N.V.
  • Yapı Kredi Faktoring A.Ş.
  • Yapı Kredi Finansal Kiralama A.O.
  • Yapı Kredi Kültür ve Sanat Yayıncılık Tic.ve San.A.Ş.
  • Yapı Kredi Portföy Yönetimi A.Ş.
  • Yapı Kredi Yatırım Menkul Değerler A.Ş.
  • Yapı Kredi-Koray Gayrimenkul Yatırım Ortaklığı A.Ş.
  • Yapı ve Kredi Bankası A.Ş.
  • Zer Merkezi Hizmetler A.Ş.

References

Coordinates: 41°1′55″N 29°2′14″E / 41.03194°N 29.03722°E / 41.03194; 29.03722

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