Tekfen Construction and Installation
 |
|
| Anonim Şirket | |
| Traded as | BİST: TKFEN |
| Industry | Conglomerate |
| Founded | (1956) |
| Headquarters | Istanbul, Turkey |
|
Key people
|
Ali Nihat Gökyigit, (Chairman & CEO) |
| Products | Construction, Agriculture, Real estate, Finance |
| Revenue |
 US$ 1.2 billion (2010) |
|
US$ 97.1 million (2010) |
|
|
Number of employees
|
10,000 |
| Website | www.tekfen.com.tr |
Tekfen is a Turkish conglomerate based in Istanbul. The name "Tekfen" is a combination of Teknoloji (Technology) and Fen (Turkish meaning: science). The company's subsidiaries engage in construction activities including power generation, airports, petroleum, and roadways. Tekfen primarily operates in Turkey, the Commonwealth of Independent States, Middle East, North Africa, and Europe.
The company was founded by three young entrepreneurs, Feyyaz Berker, Nihat Gökyiğit and Necati Akçağlılar in 1956. The three co-founders first met at the Ministry of Public Works, where they were employed upon returning from civil engineering studies in America. Two of the partners, and later the third one, left their state offices to found Tekfen.
They primarily founded the "Feyyaz-Nihat Müşavir Mühendislik" (Feyyaz Niyazi Consulting Engineering), and received governmental and private business. After participation of Necati Akçağlılar, and with the development of the firm they received subcontracting business, mostly in the area of pipelines.
In the early 1960s, they focused on investing in industry by founding Tekfen Industry and Trading Co., Inc. and producing incandescent lamps under the Tekfen brand name.
Presently, Tekfen Construction and Installation Co., Inc., as an affiliate of Tekfen Holding Co., Inc., is an international contractor in Turkey, the Middle East, North Africa, Caucasia & Central Asia, East & Central Europe. Its activities include heavy civil works, refineries, petrochemical plants, satellite towns, industrial processing plants, pipelines, marine structures, power plants, and electrical and communication works.
Tekfen also owns the Hallesche Mitteldeutsche Bau AG, a construction company of the former German Democratic Republic.
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Wikipedia