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Sabanci

November 18, 2013

Conglomerates founded in the years following the fall of the Ottoman Empire continue to dominate family business in Turkey today. CampdenFB examines the newly industrialised economy’s family business landscape.

Turkey’s family business sector is led by conglomerates, which represent some of the largest institutions in the transcontinental country. Family firms – of all sizes – represent 90% of the nation’s companies, and the largest of them all, Koç Holding, accounts for 9% of GDP.

March 20, 2013

Istanbul has signed up some of Turkey’s biggest family businesses to support its bid to host the 2020 Olympic Games.

Istanbul has signed up some of Turkey’s biggest family businesses to support its bid to host the 2020 Olympic Games.

The country's largest family-controlled conglomerates – Sabanci Holding, Dogus Group, Yildiz Holding and Koc Holding – have said they will sponsor the bid with cash donations.

The companies also said they would use their marketing expertise to raise awareness of the bid among the Turkish population.

March 14, 2013

Several European family businesses have posted encouraging results for 2012, with Inditex, Merck, Mercadona and Henkel all reporting strong revenue increases.

Several European family businesses have posted encouraging results for 2012, with Inditex, Merck, Mercadona and Henkel all reporting strong revenue increases.

Inditex
On 13 March, Spanish clothing giant Inditex said revenues for its fiscal 2012 were €15.9 billion – an increase of 16% on 2011's figures.

February 1, 2013

European family businesses have been alternatively flourishing and nearing extinction this week. Sabanci is pouring capital into its electricity empire, while Inditex took control of the Zara franchise in Finland. Meanwhile, Rieber & Son await ratification on the sale of the family business.

European family businesses have been variously flourishing and nearing extinction this week. Sabanci is pouring capital into its electricity empire, while Inditex took control of the Zara franchise in Finland. Meanwhile, Rieber & Son await ratification on the sale of the family business.

Sabanci

One of Turkey’s biggest conglomerates, Sabanci, is upping investment in its electricity generation branch, Enerjisa.

February 12, 2009

Family members belonging to one of Turkey’s most powerful business families have applied to sell untraded shares it has been revealed.

Family members belonging to one of Turkey's most powerful business families have applied to sell untraded shares it has been revealed.

The Sabanci family owns the $15 billion diversified conglomerate Sabanci Holding, which among other assets controls one of Turkey's largest banks Akbank.

However, a local stock exchange filing revealed that members of the family have applied to sell untraded shares in Sabanci Holding - believed to total 61% of the company's existing free float.

September 1, 2008

Paul Amery reports on three family-owned conglomerates at the forefront of Turkey’s new-found corporate optimism

Paul Amery reports on three family-owned conglomerates at the forefront of Turkey's new-found corporate optimism

At the World Economic Forum in Davos, held in January each year, the three-day programme culminates in the lavish gala event, a high-profile evening attracting the world's most powerful business leaders and politicians.

This year, the gala was co-sponsored by four Turkish family-owned conglomerates, Dogus, Dogan, Sabanci and Koc, and the scene was set for them by their country's recent impressive economic performance.

January 2, 2008

Guler Sabanci (pictured), chairman of Sabanci Holding, has issued an upbeat New Year's address to employees of the family-owned group by claiming revenues will grow by a massive 21% and operating profit will increase by 28%.

Guler Sabanci (pictured), chairman of Sabanci Holding, has issued an upbeat New Year's address to employees of the family-owned group by claiming revenues will grow by a massive 21% and operating profit will increase by 28%.

The Turkey-based group, which owns 70 companies and is predicting revenues to reach $16 billion this year, has invested approximately $900 million in its main lines of business.

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