Kalyon Group

Kalyon Group was founded by Ömer Faruk Kalyoncu, board member of Kalyon Group, in 2013. Kalyon Group operates in construction, energy and infrastructure sectors. Turkuvaz Medya Yayın Hizmetleri A.Ş. is a media company under Kalyon Group and Zirve Holding was founded with a capital of 89.539.511 Turkish Liras. Turkuvaz Medya is owned 100% by Zirve Holding, which is owned 100% by Ömer Faruk Kalyoncu. Turkuvaz Medya Group was founded by Çalık Holding A.Ş (58%), Çalık Turizm Kültür İnşaat Sanayi ve Ticaret A.Ş. (25%), Gapyapı İnşaat A.Ş. (15%), Ahmet Çalık (1%) and Serhat Albayrak (the brother of Erdoğan's son-in-law Berat Albayrak) (1%). Zirve Holding bought Turkuvaz Media Group in 2013. Ömer Faruk Kalyoncu has close relations with the Recep Tayyip Erdoğan. In 2004, then Prime Minister Recep Tayyip Erdoğan was a witness at Ömer’s wedding. According to the leaked tapes, then Prime Minister Erdoğan himself organized the sale of media outlets that belonged to Çalık Holding, to businessmen close to the government and these businessmen were promised to get tenders for public projects in return.According to these tapes, the current Prime Minister Binali Yıldırım was responsible for providing funding to various businessmen so that Kalyon Group could buy the media outlets.

Key facts

Business Form

Private

Legal Form

Joint stock company

Business Sectors

Construstion; media; energy

Ownership

Individual Owner

Ömer Faruk Kalyoncu

Ömer Faruk Kalyoncu is CEO of Zirve Holding which owns Turkuvaz Medya Group. He is the son of Hasan Kalyoncu, founder of Kalyon Group. His uncle Orhan Cemal Kalyoncu is the CEO of Kalyon Group. In 2004, President Recep Tayyip Erdogan who was the prime minister back then, was a witness at his wedding. Former AKP ministers Abdullah Gül, Abdülkadir Aksu, Recep Akdağ, Hüseyin Çelik, Cemil Çiçek, Hilmi Güler, Zeki Ergezen, Sami Güçlü and Osman Pepe were also among the invited guests at the wedding. Turkish Competition Board approved the sale of Sabah-ATV to Zirve Holding, owned by the Kalyon Group, which is active in the construction, energy and infrastructure sectors.

100%

Media Outlets

Other Media Outlets

Other Print Outlets

Sabah (11%), Takvim (4%), Fotomaç, Yeni Asır, Sabah Avrupa, Sabah USA, İşte İnsan, Sabah Emlak, Sabah Sarı Sayfalar, Cafe Ruj

Other TV Outlets

ATV (7.86%), A Haber (3.00%), Yeni Asır TV, Minika, ATV Avrupa

Other Radio Outlets

A Haber Radyo (1.74%), Radyo Turkuvaz, Radyo Romantik, Turkuvaz Efsane, Vav Radyo, A Spor Radyo

Other Online Outlets

www.sabah.com.tr (10.00%), www.takvim.com.tr, www.ahaber.com.tr, www.ahberradyo.com.tr, www.atv.com.tr, www.turkuvazradyolar.com

Facts

Media Business

Turkuvaz Medya Group Magazines|Turkuvaz Dergi Yayıncılık (Sofra, Forbes, Cosmopolitan, House Beautiful, Bebeğim ve Biz, Harpar's Bazaar, Otohaber, Lacivert, Home Art, Esquire, China Today)
Distribution|Turkuvaz Dağıtım Pazarlama A.Ş.
Publishing|Turkuvaz Kitapçılık Yayıncılık Sanayi ve Ticaret A.Ş., Turkuvaz Matbaacılık Yayıncılık Sanayi ve Ticaret A.Ş. Production|Turkuvaz Prodüksiyon ve Tanıtım A.Ş.
News Agency|Turkuvaz Haber Ajansı
Digital Media|Turkuvaz Media Digital, Turkuvaz Mobile Services

Business

General Information

Founding Year

2013

Founder

Hasan Kalyoncu

Affiliated Interests Founder

Hasan Kalyoncu, born in 1949, was a mechanical engineer. In 1974, he founded Kalyon Construction Company in Gaziantep. He died in 2008. There is a university named after him in Gaziantep, Hasan Kalyoncu Üniversitesi.

Contact

Adress: Kavacık Mahallesi Ekinciler Caddesi Ertürk Sok. No: 3 Beykoz İstanbul

Tel: +90 (216) 680 41 80

Fax: +90 (216) 425 91 92

Website: kalyongrup.com/en-us/homepage.aspx

Tax/ ID Number

TradeRegistry No: 880456

Financial Information

Revenue (Financial Data/ Optional)

Operating Profit (in Mill. $)

Advertising (in % of total funding)

Management

Executive Board

Ömer Faruk Kalyoncu – CEO of Turkuvaz media, owner of Kalyon Group and son of the founder of the group

Other Influential People

Turkuvaz Media: Ömer Faruk Kalyoncu – CEO of Turkuvaz media, owner of Kalyon Group and son of the founder of the group
Serhat Albayrak – Vice chairman of Turkuvaz Media Group. He is the brother of Minister of Energy Berat Albayrak, son-in-law of President Recep Tayyip Erdogan. He was a board member of Calik Holding, former owner of Sabah and ATV, until he became the CEO of Star newspaper 2006.

Further Information

Headlines

Sabah ve ATV Kalyon İnşaat'a Satıldı.

(21.12.2013) Zete. Retrieved in October 2016 from

https://zete.com/sabah-ve-atv-kalyon-insaata-satildi-2/

Erdoğan İstedi Sabah-ATV İçin Milyarlar Toplandı.

(1.02.2014) Diken. Retrieved in October 2016 from

http://www.diken.com.tr/erdogan-istedi-sabah-atv-icin-milyarlar-toplandi/

Turkish media group Sabah-ATV sold to Kalyon group.

(20.12.2013) Hurriyet Daily News. Retrieved in October 2016 from:

http://www.hurriyetdailynews.com/turkish-media-group-sabah-atv-sold-to-kalyon-group.aspx?pageID=238&nID=59898&NewsCatID=345

Data Publicly Available

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

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Meta Data

Shareholder information in public records albeit available necessitates some research skills and thus is not made easy for the general public to access. In order to find the names of shareholders and their percentage of shares, the search motors of Istanbul Chamber of Commerce (İTO) and the Trade Registry Gazette have to be used simultaneously, for İTO summarizes the contents of each record while the Trade Registry Gazette doesn’t. However İTO database only lists companies established in Istanbul,which makes searches of companies not based in Istanbul very challenging. So for instance, in order to find a record on shares of a company that is not based in Istanbul, one would have to go through all the PDFs of the records for that company, one by one, which may result in up to 50 or more documents to be reviewed before the right information is located.

Sources

Turkish Trade Registry Gazette. The Union of Chambers and Commodity Exchanges of Turkey. Retrieved in August 17, 2016 from

http://www.ticaretsicil.gov.tr/english/

Official website of Kalyon Group. Retrieved in October 2016 from

http://kalyongrup.com/en-us/homepage.aspx

Official website of Hasan Kalyoncu University. Retrieved in October 2016 from

http://www.hku.edu.tr/ENG/Foundation/Hasan-Kalyoncu-University/18/