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.
Business Form
Private
Legal Form
Joint stock company
Business Sectors
Automotive; Construction; Tourism; Real Estate; Energy; Food and Beverages; Retail
Individual Owner
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.

Deniz Sahenk is a shareholder of Doğuş Holding A.Ş. She was married to Ayhan Sahenk, founder of Dogus Holding, who died in 2001. Dogus Group operates in media, tourism and construction sectors. Mother of Ferit and Filiz Sahenk.

Ferit Şahenk, the son of Ayhan Şahenk, is the chairman of Doğus Holding A.Ş., which operates in media, tourism, and construction. He was also CEO of Garanti Bankası, one of the biggest banks in Turkey until he sold the last 9.95% stakes in Garanti to the Spanish lender BBVA Banco Bilbao Vizcaya Argentaria in February 2017. Ferit Sahenk is one of the richest men in the country. Forbes estimates his assets at 2.5 billion. He founded Garanti Securities and was a CEO of Doğuş Holding and the chairman of Doğuş Otomotiv. Apart from being an active member of the World Economic Forum he previously chaired various business councils including, the Turkish-German Business Council, Turkish-American Business Council and the Turkish-United Arab Emirates Business Council. He graduated from Boston College with Bachelor’s in Marketing and Human Resources.

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
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
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.