İhlas Group
Ihlas Holding A.Ş. was founded in 1970 with the establishment of Türkiye newspaper. It operates across the country with its 25 companies, 3,124 employees in construction, real estate, manufacturing, trade, mining, education and healthcare sectors. İhlas Yayın Holding (İhlas Media Holding), the media group under İhlas Holding, was founded with a capital of 200 million Turkish Liras on July 10, 2003 to consolidate the media sector subsidiaries of İhlas Group. It went public on October 25-26, 2010. The Holding’s shares began trading on Borsa Istanbul on October 5, 2010. İhlas Holding owns 49.71% of İhlas Yayın Holding, whereas 48.19% of the company's shares are public.
Business Form
Private
Legal Form
Joint stock company
Business Sectors
Construction and real estate | Ihlas Construction Holding, Armutlu Holiday Resort, Kuzuluk Holiday Resort, İstanbul Gaziosmanpaşa Urban Transformation Project Mining | İhlas Mining Manufacturing and trade | İhlas Marketing Investment Holding (İhlas Home Appliances, KPT Logistics, Şifa Catering, Bicycle Marketing and Trading, İhlas Motor) Healthcare and education | Türkiye Hospital, İhlas Education Institutions
Individual Owner
Ahmet Mücahid Ören has been the CEO of Ihlas Holding since 2013. He was born in 1972. He is the son of Enver Ören, founder of Ihlas Holding. Ahmet Mucahid Oren started his business career as the Technology Director of Türkiye newspaper. He managed Ihlas group’s investments and operations in such fields as construction, marketing, health and education. He served as the CEO and Deputy Chairman of Ihlas Holding between 1993 and 2013. He holds an American citizenship since 2001.
Floating capital
In 1994 Ihlas Group was first listed in the public stock market.
Other Print Outlets
Türkiye (5%)
Other TV Outlets
TGRT Haber TV, TGRT Belgesel TV
Other Radio Outlets
TGRT FM (1.46%)
Other Online Outlets
www.ihlas.net
Media Business
Media Business
Publishing | İhlas Gazetecilik A.Ş. / İhlas Journalism (56.55% shares), İletişim Magazine (97.10%), İhlas Gelişim Publishing (98%)
TV Broadcasting | TGRT News TV (98.96%), TGRT Digital TV / TGRT Documentary TV (99.63%)
Communications | İhlas Media Planning and Purchase Services (98.03%), İhlas Communication Services (20%)
Online | İhlas News Agency (88.57%), Digital Assets Visual Media and Internet Services (93.13%)
Business
Business
Publishing | İhlas Gazetecilik A.Ş. / İhlas Journalism (56.55% shares), İletişim Magazine (97.10%), İhlas Gelişim Publishing (98%)
TV Broadcasting | TGRT News TV (98.96%), TGRT Digital TV / TGRT Documentary TV (99.63%)
Communications | İhlas Media Planning and Purchase Services (98.03%), İhlas Communication Services (20%)
Online | İhlas News Agency (88.57%), Digital Assets Visual Media and Internet Services (93.13%)
General Information
Founding Year
1970
Founder
Enver Ören
Affiliated Interests Founder
Enver Ören, founder of Ihlas Holding A.Ş., was born in 1939. He attended Kuleli Military School and graduated from Istanbul University Faculty of Sciences. He received a scholarship from NATO to study in Italy. He founded the journal Hakikat which was later renamed into Türkiye Newspaper. Before that he worked as a lecturer at Istanbul University and was awarded a title of Honorary Doctor of Sciences from Konya Selcuk University. He died in 2013.
Employees
3124
Contact
Address: Merkez Mahallesi 29 Ekim Caddesi İhlas Plaza No:11 B/21 Yenibosna İstanbul
Phone: 0212 454 2000
Website: www.ihlas.com.tr
Tax/ ID Number
TradeRegistry No: 176956
Financial Information
Revenue (Financial Data/ Optional)
MD
Operating Profit (in Mill. $)
MD
Advertising (in % of total funding)
MD
Management
Executive Board + Interests Executive Board
Ahmet Mücahid Ören – the son of the founder, Enver Oren, Chairman, CEO of İhlas Yayın Hoding Zeki Celep – Vice chairman
Mustafa Erdoğan – Vice chairman of İhlas Yayın Hoding
Non-Executive Board + Interests Non-Executive Board
MD
Supervisory Board + Interests Supervisory Board
MD
Other Influential People + Interests Other Influential people
Ayse Dilvin Oren is the wife of Enver Oren, founder of İhlas Holding A.Ş. Mother of Ahmet Mucahid Oren, owner of Ihlas Group. She has 2.2 % of shares in Ihlas Group.
Further Information
Headlines
(18.08.2016) Milliyet. Retrieved in October 2016 from
http://www.milliyet.com.tr/ihlas-holding-ceo-su-cahit-paksoy-gundem-2296856/
(2.11.2015) Borsa Gundem. Retrieved in October 2016 from
http://www.borsagundem.com/haber/ihlas-grubuna-ak-parti-dopingi/239176
(21.12.2013) Zete. Retrieved in October 2016 from
Meta Data
Ayse Dilvin Oren, the mother of Ahmet Mucahid Oren is the third shareholder (2.22%) of the Ihlas Group, but has very little influence over the management. She leads a private life and it was not possible to find more information about her. There is information on the official website about the number of employees and the executive board. Shareholder structure is provided on the company website. Changes in the executive board can also be found in Turkish Trade Registry Gazette. Because the holding is publicly traded, detailed information on the finances and ownership can easily be found on their official website.
Sources
Turkish Trade Registry Gazette. The Union of Chambers and Commodity Exchanges of Turkey. Retrieved in August 26, 2016 from
Official website of Ihlas Media Holding. Retrieved in October 2016 from
http://www.ihlas.com.tr/page/1397662505184234/ihlas-media-holding
Kasim Cimdemir (16.06.2001) ABD’li Mucahit. Hurriyet. Retrieved in October 2016 from
