Tekfen Holding Anonim Sirketi
TKFHY
Other OTC10.23
USD
+0.54
- -
ISIN
US87911F1012
CUSIP
87911F101
Return %
Stock
S&P500
1Y
237.62
15.01
3Y
280.30
82.56
5Y
195.66
79.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Levent Kafkasli
- Full Time Employees
- 10,941
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- KUeltUer Mahallesi Istanbul IB Türkiye 34340
- IPO Date
- Nov 16, 2020
- Website
- tekfen.com.tr
- Similar Companies
- Business
- Tekfen Holding Anonim Sirketi engages in engineering and contracting, agricultural industry, services, and investment businesses primarily in Turkey, the CIS countries, the Middle East, and internationally. The company operates through key segments including Engineering and Contracting, which provides turnkey solutions for pipelines, oil and gas terminals, tank farms, oil refineries, offshore oil rigs, pump and compressor stations, power plants, industrial plants, petrochemical plants, highways, metro projects, sports complexes, steel structures, and superstructure and infrastructure projects; Agricultural Industry, which produces and sells mineral fertilizers, special water-soluble fertilizers, organic and organomineral fertilizers, agricultural inputs such as seeds and saplings including bread and durum wheat seeds, table and seed potatoes, banana fruits, and banana saplings, alongside fertilizer trading and fruit manufacturing; and Investment and Services, encompassing terminal management, ship agency and towage, free zone operations, insurance, property development, leasing and management, facility management services including maintenance, repair, cleaning, security, and operations of parking facilities, conference halls, restaurants, fitness centers, as well as renewable energy, trading activities, and venture investments in innovation initiatives. Founded in 1956 and headquartered in Istanbul, Turkey, at Kultur Mahallesi, Budak Sokak, A Blok, Tekfen Sitesi, No: 7, Besiktas, the company targets infrastructure, energy, petrochemical, agricultural, and real estate sectors with customers ranging from governments and energy majors to farmers and commercial entities across its operational regions. Recent developments include securing two major engineering tenders in Saudi Arabia totaling $450 million in 2024 to restore its project backlog to $1 billion, completing a downsizing-to-grow strategy through resource restructuring, overseas office closures, staff reductions, and $33 million in non-core asset sales; entering renewable energy with the acquisition of Marmara Wind Power Plant (14.4 MW capacity) and full ownership of Gönen Yenilenebilir Enerji Üretim A.Ş.; signing a letter of intent with Enerjisa Üretim for a green ammonia project; securing a $95 million three-year syndicated loan and issuing 500 million Turkish lira bonds with strong investor demand; advancing Toros Agri preparations for a potential IPO alongside strategic partnership pursuits; and pursuing container port investments at Toros Agri facilities in Mersin.