Tekfen Holding AS - Company Profile
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Tekfen Holding AS (Tekfen) is a provider of construction contracting and real estate development services. Tefken's portfolio of services includes engineering, procurement and construction (EPC), facility management, project management, design development, steel fabrication, and technical and economic feasibility studies. The company offers its services for the construction of various projects such as oil, gas, petrochemical plants, offshore platforms, pumping stations, industrial facilities, infrastructure, highways, buildings, stadiums, and land and sea terminals. Tekfen also produces and markets chemical fertilizers and agricultural products. It provides insurance brokerage services and manufactures bags to pack fertilizers. Tekfen offers facility management services for parking lots, conference halls, and fitness centers. The company operates in Turkiye, Germany, the UK, Ireland, Saudi Arabia, Luxembourg, Morocco, the UAE, Qatar, Iraq, Russia, Romania, Azerbaijan, and Kazakhstan. Tekfen is headquartered in Istanbul, Turkiye.
Headquarters
Turkey
Address
Tekfen Sitesi A Blok No:7, Kultur Mahallesi Budak Sokak, Ulus Besiktas, Istanbul, 34340
Website
www.tekfen.com.tr
Telephone
90 212 3593300
No of Employees
12,611
Industry
Construction
Ticker Symbol & Exchange
TKFEN.E (IST)
Revenue (2024)
$1.8B
-6.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
125.1%
(2024 vs 2023)
Market Cap*
$1.3B
Net Profit Margin (2024)
XYZ
126.7%
(2024 vs 2023)
* As of and is in US$
Tekfen Holding AS premium industry data and analytics
Products and Services
| Services |
|---|
| Engineering, Procurement, Construction (EPC) Services |
| Real Estate Development |
| Leasing |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In April, the company entered into an agreement to sell a 25% stake to Can Culture, Art and Education Institutions Management Inc, an education institution. |
| 2021 | Contracts/Agreements | In June, the company announced the construction of the Sulfur Recovery Unit at Tupras's. |
| 2019 | Acquisitions/Mergers/Takeovers | In December, the company announced the acquisition of a 10% stake in SOCAR Polymer Investments, valued for US$375 million. |
Competitor Comparison
| Key Parameters | Tekfen Holding AS | ENKA Insaat ve Sanayi AS | Bilkent Holding AS | Alarko Holding AS | Baytur Construction & Contracting Co |
|---|---|---|---|---|---|
| Headquarters | Turkey | Turkey | Turkey | Turkey | Turkey |
| City | Istanbul | Istanbul | Bilkent | Istanbul | Istanbul |
| State/Province | - | - | Ankara | - | - |
| No. of Employees | 12,611 | 25,970 | - | 6,079 | - |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mehmet Nazmi Erten | Chairman | Executive Board | 2024 | 75 |
| Hakan Dundar | Vice President - Financial Affairs; Chief Financial Officer | Senior Management | 2023 | 50 |
| Hakan Goral | President | Senior Management | 2023 | 59 |
| Omer Ismail Tanriover | Vice Chairman | Executive Board | - | 61 |
| Murat Gigin | Vice Chairman | Executive Board | - | 74 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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