Akkök Holding: “We Invest in the Future”
Founded in 1952 by the late Raif Dinçkök, Akkök Holding has 17 actively operating commercial and industrial companies, one of which is located abroad, and 18 manufacturing facilities engaged in different sectors. Globalization, international competition and integration process in the world economy have steered the Holding into certain sectors; the chemical, energy, and real estate sectors have been specified as the areas of focus.
From firsts in chemistry to the most strategic product in the world...
Ak-Kim, the pioneer chemicals manufacturer of Turkey and a subsidiary of Akkök Holding, manufactures inorganic and organic chemicals, textile auxiliary substances, paper and water chemicals, and cement grinding, concrete admixture and foundation chemicals, which are held in high regard in the international market, in its manufacturing facilities equipped with advanced technology located in Yalova and Çerkezköy. Having manufactured more than 500 different chemicals, Ak-Kim has launched its diverse products in the world market and realizes turn-key projects abroad.
Aksa Akrilik, which is a subsidiary of the Holding, is the first Turkish manufacturer of acrylic fiber classified within synthetic-based fibers as the main product and serves the world's textile and industrial textile sectors in more than 50 countries on five continents. Aksa, now a world leader, has played a key role in transforming Turkey to become the second largest acrylic fiber manufacturer after China.
Aksa has manufactured carbon fiber with the work of Turkish engineers and in 2012 founded DowAksa, a 50/50 joint venture with Dow Europe Holdings B.V., a subsidiary of The Dow Chemical Company. Today, DowAksa aims to contribute to the Turkish economy by manufacturing carbon fiber, which is manufactured by only 8 countries in the world and is positioned as a critical product for many strategic sectors mainly including, but not limited to energy, automotive, aviation and aerospace industries.
Growth in every field of the energy sector
Akenerji, one of the biggest private sector power generation companies in Turkey, has an active installed capacity of 1,551 MW in total together with its generation capacity of 388 MW based on renewable power generation as well as a 198 MW installed capacity in the project stage. Akenerji provides electric power with many corporate enterprises on a continual basis with its expert team and resource diversity based on its generation capacity and market projection.
Supported by Akkök Holding and CEZ Group, SEDAŞ has been rendering its power distribution services successfully in Kocaeli, Sakarya, Bolu, Düzce and Gebze for 5 years. Sepaş Enerji, which is a new player in the electricity sales sector, was incorporated on January 1st, 2013 after its split from the distribution company SEDAŞ according to the decision of the Energy Market Regulatory Authority. Operating within the joint venture AkCez formed by Akkök Holding and CEZ Group, Sepaş Enerji serves 1.5 million subscribers.
Akkök moves from one success to another in the real estate sector
Akkök Holding has been engaged in the real estate sector since 1993 and has pioneered in the shopping mall construction business with the Akmerkez project in Turkey. Akiş Gayrimenkul Yatırımı A.Ş. was founded in 2005 to operate in the Shopping Mall investment and management sector. Akiş was granted the title of Real Estate Investment Trust last year. The Holding maintains its investments in the real estate sector with its Akkoza, Akasya and Akbatı projects. KidZania Children’s Republic, opened in the first quarter of 2014 in Akasya Shopping Mall, is an important social platform to teach children while entertaining them.
Akkök works for a sustainable future
Akkök Holding is an enterprise investing not only for today, but also for a future based on trade and industry, by creating employment and adding value. The objectives of sustainable growth and social responsibility have been the determining factors in setting a road map for the Holding. At the same time, the corporate governance concept which is defined with fairness, transparency and accountability and has gradually gained vital significance today is an indispensable value for all activities of the Holding companies.
By signing the United Nations Global Compact in 2007 which takes the lead in spreading the universal principles of the private sector in the sustainable development journey, Akkök Holding took its first step to transform its corporate responsibility understanding into universal norms. Within this framework, Akkök Holding reports its efforts in the fields of economy, environment and society such as environment, human rights and labor in line with Global Reporting Initiative (GRI) under the scope of the Ten Principles.