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Doğuş Group

Doğuş Group

Doğuş Group is a family business owned by the Şahenk family, which owns 99.3% of Doğuş Yayın Grubu (Doğuş Media Group DMG). The Group was founded in 1951 by Ayhan Şahenk, primarily, active in constructions, subsequently in finance, tourism and automotive industry. The group was also active in banking (Garanti Bank) until it sold its last % 9,95 stakes to the Spanish lender BBVA Banco Bilbao Vizcaya Argentaria in February 2017.

Doğuş Media Group was founded with a capital of 2 million 870 thousand Turkish Liras in 1999 with the acquisition of NTV, it works with such global corporations as National Geographic and Condé Nast, and it continues to make major advances in the media sector. There are 4 television channels, 7online brands, 4 radio stations, 3 licensed monthly magazines and reference books under the media group.

The group employs more than 35 thousand people and combines 250 companies in eight sectors: financial services, automotive, construction, media, tourism and services, real estate, energy and entertainment. Şahenk Family runs the operations of the company.

The group has won many tenders, including metro constructions in Istanbul and Galataport, the Giresun Aslancık Dam and Hydroelectric Power plant, which is run with the group's partnership with Doğan Group.

In leaked phone conversations attributed to Nermin Yurteri, the editor in chief of Doğuş Group, the company owned all-news channel NTV. She was heard having a conversation with then the Prime Minister Recep Tayyip Erdoğan’s Chief Advisor Yalçın Akdoğan. In the conversation Akdoğan pressured her to have pro-government guests on air among various other editorial interferences.

Key facts

Business Form

Private

Legal Form

Joint stock company

Business Sectors

Automotive; Construction; Tourism; Real Estate; Energy; Food and Beverages; Retail

Ownership

Individual Owner

Filiz Şahenk

Filiz Şahenk is a shareholder (30.44 %) of Doğuş Holding A.Ş. She is daughter of Ayhan Şahenk, founder of Doğuş Holding, who died of a heart attack in 2001. Doğuş Group operates in media, tourism and construction sectors. She manages the conglomerate's brand clothing and tourism business. She is the Turkish representative for luxury brands including Gucci, Emporio Armani, Loro Piana, and Tod's. She is also the president of the foundation named after her father – Ayhan Şahenk Vakfı, which focuses on health, the environment, education and social welfare. Ferit Şahenk – brother and chairman of Doğuş Holding A.Ş.

30.4%
Media Outlets
Other Media Outlets

Other TV Outlets

NTV (1.04%)
Star TV (7.12%)
NTV Spor
KRAL TV
Kral Pop TV
NTV Avrupa
Eurostar

Other Radio Outlets

NTV Radyo (1.52%)
Kral FM (15.88%)
Kral Pop Radyo
Kral World Radyo

Other Online Outlets

ntv.com.tr (6.19%) ntvpara.com, ntvspor.net
startv.com.tr
tvyo.com
kralmuzik.com.tr
vogue.com.tr
glamour.com.tr
gq.com.tr
cntraveller.com.tr
nationalgeographic.com.tr

Facts

Media Business

Media Business

Automotive | Doğuş Automotive (Audi, Porsche, VW, Bentley, Lamborghini, Bugatti, Seat, Skoda, Scania, Thermo King, Oto Fix, Meiller), DOD, TüvTürk.
Construction | Doğuş Construction and Trade Inc., Ayson Geotechnical and Marine Construction, Teknik Engineering and Consultancy, Galata Port
Tourism | Antur Turizm A.Ş., D-Hotels&Resorts, D-Marin, Korfez Havacilik A.Ş., D-Saat, D-Gym. Real Estate | Doğuş Reit, Doğuş Real Estate. Energy | Doğuş Energy, Boyabat Elektrik Üretim ve Ticaret A.Ş., Artvin Hydroelectric Power Plant (HES), Aslancık Elektrik Üretim A.Ş., Doğuş Enerji Toptan Elektrik Ticaret A.Ş. Food and Beverages | D. Ream
Retail | Doğuş Retail: , Kiko Milano, Missoni, Giorgio Armani, Gucci, Crate&Barrel

Business

Business

Automotive | Doğuş Automotive (Audi, Porsche, VW, Bentley, Lamborghini, Bugatti, Seat, Skoda, Scania, Thermo King, Oto Fix, Meiller), DOD, TüvTürk.
Construction | Doğuş Construction and Trade Inc., Ayson Geotechnical and Marine Construction, Teknik Engineering and Consultancy, Galata Port
Tourism | Antur Turizm A.Ş., D-Hotels&Resorts, D-Marin, Korfez Havacilik A.Ş., D-Saat, D-Gym. Real Estate | Doğuş Reit, Doğuş Real Estate. Energy | Doğuş Energy, Boyabat Elektrik Üretim ve Ticaret A.Ş., Artvin Hydroelectric Power Plant (HES), Aslancık Elektrik Üretim A.Ş., Doğuş Enerji Toptan Elektrik Ticaret A.Ş. Food and Beverages | D. Ream
Retail | Doğuş Retail: , Kiko Milano, Missoni, Giorgio Armani, Gucci, Crate&Barrel

General Information

Founding Year

1951

Founder

Ayhan Şahenk

Affiliated Interests Founder

He founded Dogus Holding, a steering and management of Dogus Group, in 1975. Şahenk became a shareholder with Aydın Doğan for DTV Haber ve Görsel Yayıncılık (Kanal D) in 1993. He transferred his shares to Doğan Group in 1995. Ayhan passed away in 2001 after a heart attack. His spouse and children are running operations of Dogus Group. A foundation named after him, Ayhan Sahenk Vakfi was established in 1992 and focuses on health, the environment, education and social welfare. His daughter, Filiz Sahenk is the president of the foundation.

Employees

50000

Contact

Address: Maslak Ayazağa Cad. No:2 Sarıyer / İstanbul

Phone: 0212 3353232

Website: www.dogusgrubu.com.tr

Tax/ ID Number

TradeRegistry No: 132298

Financial Information

Revenue (Financial Data/ Optional)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Management

Executive Board

Ferit Şahenk (Chairman) # Süleyman Sözen (Vice chairman) # Hüsnü Akhan (CEO) # Aclan Acar (Board member) # Ahmet Sedid Kurutluoğlu (Board member) # Erman Yerdelen (Board member) # Gönül Talu (Board member) # Nacı Başerdem (Board member) # Nevzat Öztangut (Board Member) #Emir Ali Bilaloğlu (Board member) # Aclan Acar (CEO of Doğuş Yayın Grubu) # Çağatay Önal (Star TV General Manager)
#Mehmet Akbay (Kral Group General Manager) #Ahmet İren (Vice Chairman of Doğuş Yayın Grubu) # Hasan Hüsnü Güzelöz (Vice chairman of Doğuş Yayın Grubu) # Nermin Yurteri (NTV Editor-In-Chief) # Mehmet Koyuncuoğlu (Sales Manager of Doğuş Yayın Grubu) # Erkan Arseven (Sports Manager of Doğuş Yayın Grubu) # Seda Domaniç (Magazine Manager of Doğuş Yayın Grubu) # Burtay Koraltan (Human Resources Manager of Doğuş Yayın Grubu) # Levent Uslu (Chief of Technology of Doğuş Yayın Grubu # Aslı Çamlıbel Ataç (Chief Legal Advisor of Doğuş Yayın Grubu)

Non-Executive Board

MD

Supervisory Board

MD

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Since the Doğuş Group updates its website regularly, data collection on the board of directors and the business sectors was relatively easy. Information on the number of employees and the annual financial reports are made available on their website. Besides, Turkish Trade Registry Gazette provided detailed shareholder structure. Because the group owns publicly traded companies, detailed information on the finances and ownership can easily be found on their official website.

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