Koç Holding

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  • Osman Turgay Durak, Chief Executive Officer
  • Mustafa V. Koç, Chairman of the Board

The Koç Holding A.Ş. is a listed Turkish group of companies with 85,000 employees worldwide, an annual turnover of 39.5 billion U.S. dollars and an export quota of almost 30 % (as of 2007). It is the only Turkish company in the Fortune Global 500 (2006: Course 190) and represents twelve percent of Turkey's overall export volume. It is among the world's 50 largest family outside the United States.

Overview

Business units include not only the Tofaş automotive factory in Bursa also Otosan, produce automobiles for Fiat / Peugeot and Ford, domestic appliances ( Arçelik ), food (Tat Preserve, Migros), financial services ( Yapi Kredi Bankasi ), energy, information technology ( Beko Elektronik ), tourism and construction. Much of the company is guided in cooperation with foreign companies such as Ford, Unicredit, Case New Holland and others.

The company was founded in the 1920s by Vehbi Koç. From 1984 to 2003 headed Rahmi Koç, the son of the founder, the company and then handed it to his son Mustafa. The family is next to the family Sabancı as one of the richest Turkey.

In addition to entrepreneurship, the family engaged in social and cultural fields. The Vehbi - Koç Foundation has a university, several schools and the Rahmi M. Koç Museum, the Golden Horn in Istanbul, the largest art museum in Turkey. On the Anatolian input the Fatih Sultan Mehmet Bridge in Beykoz is the Vehbi - Koç Nature Park.

In 2005, the Koç Group for more than 4 billion euros acquired 51 % of the national oil refining company Tüpraş together with the Shell Group. The sale was preceded by numerous protests.

The logo of the group linked with a stylized ram to the family name of the founder of ( Aries is Turkish koç ).

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