Suvarna Garge (Editor)

Nurol Holding

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Key people
  
Ugur Dogan (CEO)

Website
  
www.nurol.com.tr

Type of business
  
S.A.

Revenue
  
c. $500m (2010)

Founded
  
1989

Nurol Holding httpsuploadwikimediaorgwikipediatr005Nur

Subsidiaries
  
Nurol Makina, FNSS Defence Systems

Nurol Holding is an industrial conglomerate in Turkey operating in the construction, defence manufacturing, energy, investment banking and tourism industries. Its core business is construction; Nurol Construction was founded in 1966. It is privately owned, with equal shares held by three members of the Çarmıklı family. The Holding was established in 1989.

The company's 35th anniversary celebration in 2001 was attended by former Prime Minister and President of Turkey Suleyman Demirel. In 2007 it considered entering the media sector by participating in the Sabah-ATV tender, but decided it against it after reviewing the companies' financials.

Companies

Nurol's companies include:

  • Nurol Construction and Trading (Nurol İnşaat ve Ticaret A.Ş.)
  • Projects include the İzmit Bay Bridge, and leadership of the Ilısu Dam construction consortium
  • Nurol Makina (Nurol Makina ve Sanayi A.S., founded 1976) - industrial and defence manufacturing
  • Products include the Nurol Ejder and the TOMA water cannon
  • FNSS Defence Systems (FNSS Savunma Sistemleri A.Ş.) - defence manufacturing; a joint venture with BAE Systems Inc.
  • Products include the FNSS Pars, ACV-300, and AZMİM.
  • Nurol Technologies
  • Products include boron-carbide armour
  • Nurol Yatırım Bankası - investment banking
  • Nurol Real Estate (Nurol Gayrimenkul Yatırım Ortaklığı, quoted on the Istanbul Stock Exchange as NUGYO)
  • Notable investments include Hurriyets headquarters, acquired for $127m in 2012
  • Turser (tourism)
  • Owns Sheraton Turkey, which includes the Sheraton Ankara

    • References

    Nurol Holding Wikipedia
    (Text) CC BY-SA