Nurol Holding is an industrial conglomerate in Turkey operating in the construction, defence manufacturing, energy, investment banking and tourism industries. Its core business is construction; Nurol Construction was founded in 1966.[2][3] It is privately owned, with equal shares held by three members of the Çarmıklı family.[4] The Holding was established in 1989.[5]
 | |
| Company type | Anonim Şirket |
|---|---|
| Founded | Turkey (1989) |
Key people | Ugur Dogan (CEO) |
| Revenue |  $1.51 billion (2023)[1] |
| $399 million (2023) | |
| $201.41 million (2023) | |
| Total assets | $4.79 billion (2023) |
| Total equity |  $1.68 billion (2023) |
Number of employees | 9,495 (2023) |
| Website | Nurol Holding website |
The company's 35th anniversary celebration in 2001 was attended by former Prime Minister and President of Turkey Suleyman Demirel.[6] In 2007, it considered entering the media sector by participating in the Sabah-ATV tender, but decided it against it after reviewing the companies' financials.[7]
Companies
editNurol's companies include:[8]
- Nurol Construction and Trading (Nurol İnşaat ve Ticaret A.Ş.) [3]
- Projects include the İzmit Bay Bridge, and leadership of the Ilısu Dam construction consortium[4]
- Nurol Makina ve Sanayi A.S., founded 1976) - industrial and defence manufacturing[9]
- Products include the Nurol Ejder and the TOMA water cannon[10]
- FNSS Defence Systems (FNSS Savunma Sistemleri A.Ş.) - defence manufacturing;[11] a joint venture with BAE Systems Inc.
- Nurol Technologies
- Products include boron carbide armour[12]
- Nurol Yatırım Bankası - investment banking based in Maslak[13]
- Nurol Real Estate (Nurol Gayrimenkul Yatırım Ortaklığı, quoted on the Istanbul Stock Exchange as NUGYO[14])
- Turser (tourism)
- Owns Sheraton Turkey, which includes the Sheraton Ankara[16]
References
edit- ^ "Some Siscal Indicators". Nurol.
- ^ "Company Overview of Nurol Holding Inc". Bloomberg Businessweek. Archived from the original on June 20, 2013. Retrieved 2013-06-20.
- ^ a b "About Us". nurolinsaat.com.tr. Retrieved 2013-06-20.
- ^ a b "History". Nurol Holding. Retrieved 2013-06-20.
- ^ "Güneşli'de bir yaşam vadisi: Nurol Park". Doğan News Agency (in Turkish). 2013-05-22. Retrieved 2013-06-20.,
- ^ "NUROL celebrates its 35th anniversary". Hurriyet Daily News. 2001-04-03. Retrieved 2013-06-21.
- ^ "Balance sheets lie behind Nurol move". Hurriyet Daily News. 2007-10-12. Retrieved 2013-06-21.
- ^ "List of companies" (in Turkish). Nurol Holding. Retrieved 2013-06-21.
- ^ "About Us". Nurol Makina. Retrieved 2013-06-21.
- ^ "Nurol launches its 4x4 armored vehicle". Hurriyet Daily News. 2013-05-10. Retrieved 2013-06-21.
- ^ "Company Profile". FNSS. Retrieved 2013-06-21.
- ^ "Nurol selling innovative armors to Middle East". Hurriyet Daily News. 2012-10-09. Retrieved 2013-06-21.
- ^ "WBC Extends $10 Million of Long-Term Loans to Turkey's Nurol Bank - WorldBusiness Capital, Inc". Worldbusinesscapital.com. 2 January 2017. Retrieved 14 November 2017.
- ^ "Nurol Gayrimenkul Yatırım Ortaklığı A.Ş." (in Turkish). Borsa Istanbul. Retrieved 2013-06-21.
- ^ "Nurol acquires Hürriyet's headquarters". Hurriyet Daily News. 2012-01-28. Retrieved 2013-06-21.
- ^ "Nurol's new convention center to boost conference tourism in Ankara". Hurriyet Daily News. 2005-05-16. Retrieved 2013-06-21.