2022

Sale of Turcas Kuyucak Geothermal Power Plant

Sale of 100% shares of Turcas Kuyucak Geothermal Power Plant to Albioma S.A. for 68.5 million USD.

2021

Aksoy Nigeria Limited

Aksoy Nigeria Limited was established.

2020

The Ritz-Carlton Residences, Bodrum

Construction of Epique Island is fully completed and the project got rebranded as The Ritz-Carlton Residences, Bodrum, becoming the first ever standalone residential project of The Ritz-Carlton in Europe, Middle East and Africa.

2019

Hüseyin Avni Lifij Restrospective Exhibition

Hüseyin Avni Lifij Restrospective Exhibition started in October for a period of 3 months at the Sakıp Sabancı Museum with major contribution of The Belkıs & Erdal Aksoy Collection.

2019

Five Star Diamond Award

Conrad Istanbul Bosphorus won the Five Star Diamond Award of the renowned World Travel Awards.

2019

Macro Distributor of Shell lubricants and Hyundai/Oilbank Lubricants

Aksoy Middle East became the Macro Distributor of Shell lubricants in all of Iraq while Aksoy International became the Macro Distributor of Hyundai / Oilbank lubricants in MENA countries.

2019

Pre-opening at Epique Island

Pre-opening and first villa deliveries realized at Epique Island.

2018

Macro Distributor for Rosneft Lubricants and Hyundai Batteries

Aksoy International became the Macro Distributor for Rosneft lubricants and Hyundai batteries in the region.

2018

Commercial Operations Started within YEKDEM

Turcas Kuyucak Geothermal Power Plant commercial operations started within YEKDEM feed-in-tariff.

2017

Turcas Corporate Governance Rating Score

Turcas Corporate Governance Rating Score increased to 9.57 out of 10 and Turcas kept its #1 position among the oil and energy companies.

2017

Acceptance by the Ministry of Energy and Natural Resources

Turcas Kuyucak Geothermal Power Plant is officially accepted by the Ministry of Energy and Natural Resources.

2017

ATAŞ Oil Terminal

Shell & Turcas Petrol acquired Shell’s 27% shares in ATAŞ Oil Terminal.

2016

€90 Million Financing

Aksoy Holding closed a €90 million financing with Akbank for the Epique Island project.

2016

Renovation of Conrad Istanbul Bosphorus

Conrad Istanbul Bosphorus $70 million major renovation is completed.

2016

Geothermal Power Plant

8 successful geothermal drillings in Kuyucak, Aydın are completed and the final investment decision of the geothermal power plant was made.

2015

Epique Island

Epique Island project launched in August.

2015

4 Successful Production Wells Achieved

4 exploratory drillings were accomplished in Kuyucak, Aydın.

2014

Marmara Storage Services

Shell & Turcas Petrol acquired Petrol Ofisi’s 45% share at the Marmara Storage Services.

2014

PASHA Bank

80% of TAIB Investment Bank shares were sold to Pasha Bank of Azerbaijan and the bank was retitled as Pasha Bank (Turkey).

2014

Macro Distributor of Gazpromneft Lubricants in Syria

Aksoy Iraq Company became the Macro Distributor of Gazpromneft Lubricants in Syria.

2014

Conrad İstanbul Bosphorus

Conrad Istanbul Bosphorus acquired the remaining 12% site ownership from SGK becoming the sale landlord.

2014

2 New Gas Stations

2 new gas stations in Eskisehir were acquired.

2013

Aksoy Middle East Company

Aksoy Holding established Aksoy Middle East Company for Shell Lubricants Macro Distributorship in Iraq.

2013

TAIB

Aksoy Holding acquired 100% of TAIB, a Turkish investment bank.

2013

Aksoy Holding's New HQ

Aksoy Holding acquired 17.000 m² A Class flat office building in Maslak, Istanbul and relocated business units here as its new HQ.

2013

Full Ownership of Conrad Istanbul

Aksoy Holding acquired the shares owned by Hilton Group and Turkish Government in Conrad Istanbul and assumed full ownership of the hotel.

2013

Aksoy Bodrum REIC

Aksoy Holding acquired 12.5 hectares of premium land with a unique setting on a private peninsula in Bodrum, Turkey to develop an elite residential project, comprising private villas, a boutique hotel and a marina.

2011

Turcas & RWE

Turcas & RWE invested €600 million in a Combined Cycle Power Plant in Denizli, Turkey which started operations in 2013 as one of Turkey’s largest and most efficient power plants.

2010

Aksoy Holding in Iraq

Aksoy Holding inaugurated lubricants and complimentary products distribution in Iraq, creating a network of nearly 40 wholesalers, 12 warehouses with more than 12.000 m² covered facilities and 500+ hot sales points nationwide.

2008

Turcas and SOCAR

Turcas and SOCAR acquired 51% of Petkim Petrochemicals from the Turkish Government for a consideration of $2.04 billion, Turcas later, in December 2011 sold its shares in the JV to SOCAR.

2006

Shell & Turcas Petrol

Turcas and Shell Turkey merged their fuel retail and lubricants business in Turkey creating Shell & Turcas Petrol (2013 revenues: $7.3 billion) which started operations in July 2006 with nearly 1.300 fuel stations nationwide and a major lubricants plant in Derince, Turkey.

2005

Turcas

Aksoy Holding became the majority shareholder of Turcas Petrol by acquiring the shares owned by ConocoPhilips and Erdal Aksoy.

1996

Turcas Petrol

Tabaş Petroleum acquired Turcas Petroleum for a consideration of $180 million and the two companies merged in 1999 as Turcas Petrol (BIST:TRCAS).

1995

Selling 28% of Tabas Petrol

Erdal Aksoy and Partners sold 28% of Tabaş Petroleum to Conoco Inc. Of USA for a consideration of $25 million

1988

Conrad Istanbul

Erdal Aksoy and Partners established the investment company (Yeditepe Beynelmilel) of Conrad Istanbul Bosphorus which started operations in 1992 overlooking the Bosphorus as the largest hotel in Turkey with 670 keys.

1983

International Oil Trading

Aksoy Holding - Enka Holding equally partnered starting international oil trading through wholly owned subsidiary ENAK.

1980

Tabas Petrol

Erdal Aksoy and Partners founded Tabaş Petroleum an oil products distribution company.

1978

Aksoy Holding Inc.

Aksoy Holding Inc. was established.

1973

Shipping Business

Erdal Aksoy entered shipping business and evolved into one of the largest shipping organizations in Turkey with a diversified fleet of 14 tanks in 10 years.

1960

Oil Business

Aksoy Family engaged in oil business through Mobil Oil dealership.