Koç Holding

Exports by the divisions of Koç Holding, Turkey's largest conglomerate, make up fully 10 percent of the country's exports, the company's chairman told Anadolu Agency on Jan. 10.

The 16th Istanbul Biennial's title and conceptual framework was announced by the curator Nicolas Bourriaud at a press conference on Dec. 11. Organized by the Istanbul Foundation for Culture and Arts (İKSV) and sponsored by Koç Holding, the 16th Istanbul Biennial will take place between Sept. 14 and Nov. 10, 2019. 

Tofaş, a joint venture between Fiat and Turkey's Koç Holding, has said it will suspend production in its key plant for a nine-day period, citing shrinkage in the domestic market.

Italy's top bank UniCredit has confirmed its commitment to Turkey, where it has partnership in Yapı Kredi Bank with Koç Holding, hailing the country's long-term positive potentials.

Otokar, Koç Holding's bus and military vehicle manufacturer, has secured an export deal worth $28.9 million.

Ford-Otosan, a joint venture between Ford Motor Co. and Turkey's Koç Holding, has unveiled its new tow truck, mostly developed domestically in Turkey by 1,500 Turkish engineers in five years.

Energy giants topped Turkey's Fortune 500 list with oil refinery Tüpraş, owned by Koç Holding, being the champion with a net sales revenue of 53.9 billion Turkish Liras ($14.8 billion) in 2017.

Carmakers were ranked as one of Turkey's largest three exporters in 2017, with Ford Otosan, a joint venture between Ford Motor and Turkey's Koç Holding, topping the list with an export volume of $4.79 billion.

The European Bank for Reconstruction and Development (EBRD) has said it is supporting a major milestone in the privatization of state-owned power plants in Turkey with a $55 million dual-currency loan to a subsidiary of Koç Holding, the largest diversified conglomerate in the country.

TürkTraktör, a joint-venture between the Turkish industrial conglomerate Koç Holding and CNHI, reached nearly 50,000 unit sales in 2017 and raised its market share to 49.3 percent, the company’s chief executive has announced.