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Company Profile

Çalık Holding

Çalık Holding is a Turkish company that has been operating in the energy, construction, mining, textile, and finance sectors since the 1980s. Founder and chairman Ahmet Çalık began his business career in the textile industry, founding Orta Doğu Tekstil in 1981 and Çalık Denim in 1987. During the early-1990s independence of CIS countries, he made his first foreign investments and founded Gap Pazarlama and Gap İnşaat. These companies were brought together as Çalık Holding in 1997. The umbrella company founded Çalık Enerji in 1998 and Aktif Bank in 1999, to enter the energy and finance sectors.

Sectors
Textiles Çalık's background is in textiles, with the family's involvement in the sector dating to the 1930s. The first company, Ortadoğu Tekstil, was founded by Ahmet Çalık in 1981; Gap Güneydoğu Tekstil was founded to manufacture denim in 1987. In 1997, a factory was established in Turkmenistan. Energy • Çalık Enerji • Yeşilırmak Electricity Distribution Company (YEDAS) • Kosovo Energy Distribution Services (KEDS) • Aras Edaş In 2012, Çalık Holding completed construction of a new power plant in Iraq. It and another plant (under construction) will supply 2,000 MW and a potential capacity of 4,500 MW. Construction • Gap İnşaat Mining • Lidya Madencilik • Polimetal Madencilik Finance Çalıkbank was founded in 1999, and was renamed Aktif Yatırım Bankası in 2008. Sixty percent of Albania's Banka Kombetare Tregtare was acquired in 2006, and the remainder in 2009. Other financial holdings are BKT. and Aktif Bank. The latter has come under scrutiny for potential money-laundering and other financial crimes. ==References==
Source: Wikipedia ↗
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