Akfen Holding is a Turkey-based infrastructure investment holding company that has been in operation since 1976. The company has diversified its portfolio to include industries such as airport management and operations, construction, port operations, marine transport, water distribution and waste water services, energy, and real estate. Akfen Holding has formed joint ventures with notable national and international enterprises including Tepe İnşaat Sanayi A.Ş., PSA International, Souter Investments LLP, and Kardan N.V. It also has a strategic cooperation agreement with the global hotel chain ACCOR S.A., related to the construction of Novotel and Ibis brand hotels in Turkey. In 2010, Akfen Holding made its initial public offering with a free-float rate of 28.26%, and its shares are currently traded on the Istanbul Stock Exchange (“ISE”) under the ticker symbol “AKFEN”. With a robust management structure, strong human resources base, and a commitment to a transparency policy, Akfen Holding continues to grow and contribute to the thriving industries in Turkey.
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