Koç Holding

Infobox Company
name = Koç Holding

type = Private
foundation = flagicon|Turkey1926 Istanbul,Turkey
founder = Vehbi Koç
location_city = Istanbul
location_country = Turkey
key_people = Mustafa V. Koç
industry =
products =
revenue = gainUS$39.515 billion (2007) [http://www.koc.com.tr/tr-TR/Corporate/History/]
net_income = gainUS$2.747 million (2006) [http://www.koc.com.tr/tr-TR/Corporate/History/]
num_employees = 95,745
slogan =
homepage = http://www.koc.com.tr

Koç Holding A.Ş. is the top industrial conglomerate in Turkey. The Koç family, Turkey's wealthiest dynasty, controls the company with its headquarter in Nakkaştepe, Istanbul. Vehbi Koç, who established his first firm in 1926, collected all of the companies bearing his name under the roof of Koç Holding on 20 November 1963 in order to centrally manage these companies and to provide optimum resource allocation.

Koç Holding operates in the automotive, durable goods, food, retailing, energy, financial services, tourism, construction and IT industries. The Holding serves the group as the decision making body in charge of identifying strategies and controlling, coordinating and providing direction to its activities. The Holding also formed a unit for long-term business planning in order to align business decisions with national development plans.

The shares of 16 Koç Group companies are traded at the Istanbul Stock Exchange and the Group has consolidated 113 companies, 95,745 employees and 14,000 dealers as well as agencies and after-sales services. Fortune Global 500 list rank is 186st.

Headquarters

Koç Holding, previously located in Fındıklı, Istanbul, moved to its new headquarters on 12 September 1988 and continues its activities at its present location in Nakkaştepe on the Anatolian part of Istanbul.

Top management

Vehbi Koç, a firm believer in the corporate spirit, handed his position as chairman of the board over to his son Rahmi M. Koç in 1984. Rahmi Koç retired on 4 April 2003 and handed his position over to his eldest son Mustafa V. Koç. Mustafa Koç commemorates holding Koç for 5 years now and does so with great pride.

Rahmi Koç is still honorary chairman and a member of the board of directors. Currently, Koç Holding’s CEO is Bülent Bulgurlu.

Competitors

The main competitor of Koç Holding is Sabancı Holding, Turkey's second largest group of companies.

Fields of activities

*Automotive: Passenger cars, commercial vehicles, farm tractors and equipments, components
*Durable Goods: refrigerator, washing machines, tumble dryers, dishwashers, ovens and cookers, televisions, air conditioners, PCs, small household appliances including vacuum cleaners, furnitures
*Food: Pasta, fresh and processed meats, dairy products, tomato paste, ketchup and preserved foods, livestock farm, vegetable seeds, supermarket and shopping mall chain, Do-It-Yourself hypermarkets, real estate development and management,
*Financial: Banking, brokerage, asset management, factoring, leasing, insurance, consumer finance,
*Energy: Liquefied petroleum gas (LPG) distribution, LPG storage,Petroleum storage,distribution,refining, pressure reducing and heating equipment, electricity production, industrial and special gases distribution, coal, iron ore, copper and zinc mining,
*Tourism. Marina operation, accommodation, food and beverage, patisserie products, travel agency, duty free operations, car rental,
*Construction: Shipbuilding, insulation materials, radiators, water heaters, contracting,
*International trade: International trade activities, distribution, representations, logistics, trade finance,
*Information technologies: Systems integration, services, consultancy and outsourcing, managed network services, ISP and VISP services, hosting, application services provider infrastructure services, B2B and B2C platforms, training and e-learning, cable TV operator, venture capital projects.
*Defence : İronclad, Coast Guard Search & Rescue vessel.

Education

The Koç School (elementary and high school) and The Koç University was established by Vehbi Koç Foundation.

Recent activities

Koç Holding started the year, 2006 with a gigantic move. During the spree of privatizations, Koc Holding acquired TUPRAS, the largest company in Turkey according to ISO report of 2005. TUPRAS has investments in the area of oil distillation, exploration and transportation.

Koc Holding also bought Yapı Kredi Bankasi, previously belonging to Çukurova Holding, a leading conglomerate which was recently confiscated by BDDK (Turkish Board of Banking Regulations) for lacking the needed financial structure. Kocbank branches are being transformed into Yapı Kredi and a colossal advertising campaign is underway.

Group companies

#Akpa A.Ş.
#Arcelitalia SRL
#Archin Ltd.
#Arctic S.A.
#Arçelik A.Ş.
#Arçelik LG Klima San. Tic. A.Ş.
#Ark İnşaat A.Ş.
#Arstil
#Artesis A.Ş.
#Aygaz A.Ş.
#Beko Cesko S.R.O
#Beko Deutschland GMBH
#Beko Elektronik A.Ş.
#Beko Espana S.L.
#Beko France
#Beko Plc.
#Beko Polska S.A.
#Beko Ticaret A.Ş.
#Beldeyama Mot. Vasıtalar San.Tic. A.Ş.
#Bilkom A.Ş.
#Birleşik Oksijen San A.Ş.
#BİRMOT Birleşik Motor Sanayi ve Tic. A.Ş.
#Blomberg Werke Gmbh
#DD Heating Ltd.
#Demir Export A.Ş.
#Demrad A.Ş.
#Divan A.Ş.
#Dongguan Dei Chung Metal Appliances Limited
#Döktaş Dökümcülük Tic. San. A.Ş.
#Düzey A.Ş.
#Elektra Bregenz AG
#Eltek Elektrik Enerjisi İth. İhc. ve Toptan Tic. A.Ş.
#Entek Elektrik ÜretimiA.Ş.
#Ford Otosan Otomotiv San. A.Ş.
#Grundig Elektronik A.Ş.
#GVZ
#Harranova Besi ve Tarım Ürünleri A.Ş.
#İzocam Tic. San. A.Ş.
#Kav Danışmanlık Paz. Tic. A.Ş.
#Kobiline
#Koç Allianz Hayat ve Emeklilik A.Ş.
#Koç Allianz Sigorta A.Ş.
#Koç Bilgi Grubu İletişim ve Teknoloji Şirketleri A.Ş.
#Koç Bilgi ve Savunma Teknolojileri A.Ş.
#Koç Bryce Teknoloji Eğitim Hizmetleri A.Ş.
#Koç Faktoring A.Ş.
#Koç Fiat Kredi A.Ş.
#Koç Finansal Hizmetler A.Ş.
#Koç Statoil Gaz Toptan Satış A.Ş
#Koç Yatırım Menkul Değerler A.Ş.
#Koç.net A.Ş.
#Koçfinans Tük. Fin. ve Kart Hizm. A.Ş.
#Koçlease Finansal Kiralama A.Ş.
#Koçportföy Yönetimi A.Ş.
#KoçSistem Bilgi ve İletişim Hizm. A.Ş.
#Koçtaş Yapı Marketleri A.Ş.
#Kofisa S.A
#Mares Otel Marmaris Altınyunus Turistik Tes. A.Ş.
#Mogaz Petrol Gazları A.Ş.
#New Holland Trakmak Traktör ve Zir. Mak. Tic. A.Ş.
#Opet /Aygaz Bulgaria JSC
#Opet A.Ş.
#Opet International London Ltd.
#Opet Madeni Yağ San. ve Tic. A.Ş.
#Opet Trade (Ireland) Ltd.
#Otokar Otobüs Karoseri San. A.Ş.
#Otokoç A.Ş.
#Otomotiv Lastikleri Tevzi A.Ş.
#Otoyol Sanayi A.Ş.
#Panel A.Ş.
#PROMENA Elektronik Ticaret A.Ş.
#Ram Dış Ticaret A.Ş.
#Ram Pacific
#Rambutya Ramstore - Kazakistan
#Ramenka Ramstore -Rusya
#Ramerica
#Ramstore Bulgaristan
#RMK Marine Gemi Yapım San. Deniz Taş. İşl. A.Ş.
#Samkocauto J.S.C.
#Sanal Merkez Tic. A.Ş.
#Set Auto Azerbaycan
#Set Auto Kazakistan
#Set Oto Tic. Turizm A.Ş. AVIS Rent A Car
#Setair Hava Taşımacılığı ve Hizm. A.Ş.
#Setur Marinaları Marina ve Yat İşletmeciliği
#Setur Servis Turistik A.Ş.
#Sherbrook International Limited
#Talya Oteli Tütaş Türk Turizm A.Ş.
#Tanı Pazarlama ve İletişim Hizmetleri A.Ş.
#Tat Konserve San. A.Ş.
#Tat Tohumculuk A.Ş.
#TBS Denizcilik ve Petrol Ürünleri Dış Ticaret A.Ş.
#Tofaş Türk Otomobil Fabrikası A.Ş.
#TÜPRAŞ-Türkiye Petrol Rafinerileri A.Ş.
#Türk Demir Döküm Fabrikaları A.Ş.
#Türk Traktör ve Ziraat Makineleri A.Ş.
#Ultra Kablolu TV ve Telekominikasyon San.Tic. A.Ş.
#Vehbi Koç Vakfı
#Yapı Kredi Bank (Deutschland) AG
#Yapı Kredi Bank Azerbaycan
#Yapı Kredi Bank Moskow
#Yapı Kredi Bank Nederland N.V.
#Yapı Kredi Emeklilik A.Ş.
#Yapı Kredi Faktoring A.Ş.
#Yapı Kredi Finansal Kiralama A.Ş.
#Yapı Kredi Holding B.V.
#Yapı Kredi Kültür ve Sanat Yayıncılık Tic.ve San.A.Ş.
#Yapı Kredi Portföy Yönetimi A.Ş.
#Yapı Kredi Sigorta A.Ş.
#Yapı Kredi Yatırım Menkul Değerler A.Ş.
#Yapı Kredi Yatırım Ortaklığı A.Ş.
#Yapı Kredi-Koray Gayrimenkul Yatırım Ortaklığı A.Ş.
#Zer Merkezi Hizmetler A.Ş.
#Zinerji Enerji ve San Tic. A.Ş.

External links

* [http://www.hoovers.com/ko%C3%A7/--ID__41406--/freeuk-co-factsheet.xhtml Hoover's report summary]

References

* [http://www.koc.com.tr/User/Default.aspx?LANGUAGE_CODE=EN Official website]