- CEO
- Ahmet Mücahid Ören
- Full Time Employees
- 3,077
- Sector
- Finance
- Industry
- Real estate development
- Address
- Istanbul Turkey
- IPO Date
- Mar 16, 1994
- Business
- Ihlas Holding A.S. is a diversified Turkish conglomerate operating across media and publishing, durable consumer goods manufacturing and marketing, construction and real estate development, healthcare, education, and energy sectors. Founded in 1970 and headquartered in Istanbul, Turkey, the group manages a multi-sector portfolio serving domestic markets and exporting manufactured goods to more than 60 countries across Europe, Asia, the Middle East, and the Americas.
The company operates through four core business divisions: Manufacturing and Trade, Media and Publishing, Construction and Real Estate, and Services and Energy. Within its Manufacturing and Trade division, managed primarily through subsidiaries Ihlas Ev Aletleri and Ihlas Pazarlama, the company designs, manufactures, and distributes home appliances and consumer goods under the Aura brand; core product offerings include Aura Cleanmax and Aura Roboclean water-filtration cleaning systems; Aura Cebilon reverse-osmosis drinking water purifiers; electric instantaneous and storage water heaters; quartz and infrared room heaters; and bicycles and home electronics distributed through direct sales networks, retail channels, and technical service centers. In the Media and Publishing segment, operated through Ihlas Yayin Holding, Ihlas Gazetecilik, and Ihlas Haber Ajansi (IHA), the company provides multimedia news and entertainment services; its portfolio comprises the national daily Turkiye newspaper; television broadcasting via TGRT Haber and TGRT Belgesel; nationwide radio broadcasting under TGRT FM; international news agency reporting and video feeds; digital publishing; and commercial advertising agency operations. In Construction and Real Estate, the company engages in the contracting, development, and sale of large-scale residential communities under the Bizim Evler, Kristal Sehir, and Marmara Evleri project brands; commercial complexes and educational campuses; and thermal health resorts, including the Armutlu and Kuzuluk holiday thermal village facilities. In Healthcare and Education, the company operates Turkiye Hospital, providing multidisciplinary inpatient and outpatient medical care, and Ihlas Educational Institutions, providing private K-12 education.
In recent major company developments, Ihlas Holding completed a 100 percent cash rights issue in September 2026, doubling its issued share capital from TRY 1.50 billion to TRY 3.00 billion to strengthen its balance sheet and fund strategic business expansions. The group has also expanded its energy footprint through its subsidiary Orta Asya Yatirim Holding, pursuing operational restructuring, equity allocations, and regional energy initiatives, including the Kazarman Hydroelectric Power Plant (HEPP) project in Central Asia. Concurrently, Ihlas Holding has accelerated corporate ESG alignment across its subsidiaries, implementing formal greenhouse gas emissions reporting, independent sustainability auditing, and ongoing digital transformation across its direct marketing and media networks.