This is an automatically generated PDF version of the online resource turkey.mom-rsf.org/en/ retrieved on 2021/12/02 at 23:56
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Media Companies

Most media companies in Turkey operate under large business groups and these groups operate in various other business sectors, ranging from construction to energy and transportation, where they sign contracts with the government and enter public tenders.

The only shareholder of Turkuvaz Media Group is owned by Kalyon Group, which is active in the construction sector in Qatar, Russia, United Arab Emirates, Saudi Arabia, and Iraq as well as in Turkey. They have undertaken several important infrastructure projects over the years, including the İstanbul New Airport, Erbil Duhok Water Supply Project, Turkey-Cyprus Water Supply Project, İstanbul Region Natural Gas Steel Pipeline, İstanbul D-100 Highway Metrobus Line, Taksim Square Pedestrianization Project, and many others.

Demirören Holding is an important player in the oil and industry sector. In 2018, Demirören Group purchased the media assets of Doğan Group including Hürriyet, Posta newspapers and CNN Türk and Kanal D. It is claimed that the amount of the loan provided by the state bank, Ziraat Bank, in the sale of Doğan Media Group to Demirören Group is 675 million US dollars and it is a 2-year non-refundable loan with a maturity of 10 years.

Ciner Group and Doğuş Group are active in the energy and mining sector.

The Türk Medya group, owned by Zeki Yeşildağ, is active only in the field of media. 

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