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Kalyon Group

Kalyon Group

It 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., which is the media company under Kalyon Group and Zirve Holding, has the capital of 156.156.076,48 Turkish Liras. Çalık Holding 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%).

Turkuvaz Medya owned by Zirve Holding is owned 100% by Ömer Faruk Kalyoncu.

In 2004, then Prime Minister Recep Tayyip Erdogan was a witness in Ömer Faruk Kalyoncu's 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 guests in the wedding.

According to the leaked tapes, then Prime Minister Erdoğan himself organized the sale of media outlets that belonged to Calik 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 the funding by various businessmen so that Kalyon Group could buy the media outlets.

Haluk Kalyoncu (the son of Hasan Kalyoncu, the founder of the Kalyon Group) and Yelda Demirören (the daughter of Yıldırım Demirören, the Chair of the Board of Directors of Demirören Holding) got married on April 13, 2019. President Erdoğan and his wife Emine Erdoğan were the marriage witnesses.The marriage was reported as the company marriage of Turkuvaz and Demirören Groups.

According to the online news portal Odatv.com, Demirören Group has decided to shut down of Yaysat (the Publication Company of Demirören) on October 31, 2018. This story was published via ODATV at first, it was also circulated through other media outlets. If the allegations that Demirören Group decided to close the Yaysat were correct, the print media will only distributed by Turkuvaz Medya of Kalyon Group. However, Demirören Group neither confirmed nor refuted this claim.

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.

Haluk Kalyoncu (the son of Hasan Kalyoncu, the founder of the Kalyon Group) and Yelda Demirören (the daughter of Yıldırım Demirören, the Chair of the Board of Directors of Demirören Holding) got married on April 13, 2019. President Erdoğan and his wife Emine Erdoğan were the marriage witnesses.The marriage was reported as the company marriage of Turkuvaz and Demirören Groups.

100%
Media Outlets
Other Media Outlets

Other Print Outlets

Sabah (10.6%), Takvim (3,9%), Fotomaç, Yeni Asır, Sabah Avrupa, Sabah USA, İşte İnsan, Sabah Emlak, Sabah Sarı Sayfalar, Cafe Ruj

Other TV Outlets

ATV (12.5%), A Haber (1.89%), Yeni Asır TV, Minika, ATV Avrupa

Other Radio Outlets

A Haber Radyo (2.08%), Radyo Turkuvaz, Radyo Romantik, Turkuvaz Efsane, Vav Radyo, A Spor Radyo

Other Online Outlets

www.sabah.com.tr (23.44%), www.takvim.com.tr (2.08%), www.ahaber.com.tr (3.17%), www.ahberradyo.com.tr, www.atv.com.tr, www.turkuvazradyolar.com

Facts

Media Business

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

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

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
kalyongrup.com

Tax/ ID Number

TradeRegistry No: 880456

Financial Information

Revenue (Financial Data/ Optional)

MD

Operating Profit (in Mill. $)

MD

Advertising (in % of total funding)

MD

Management

Executive Board

Ömer Faruk Kalyoncu (CEO)

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

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.

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