Milestones
Conrad Istanbul Bosphorus
Conrad Istanbul Bosphorus decided to invest in a new Italian restaurant and a solar power plant with an installed capacity of 4.7 MW.
Aksoy Nigeria
Aksoy Nigeria launched the first domestic production process for the Nigerian lubricant market.
Aksoy International Trade
Aksoy International Trade has signed a cooperation agreement with BMO, its new business partner in the Iraqi lubricants market.
First Sustainability Report
Aksoy Holding's first Sustainability Report has been published.
Aksoy International Holding
Aksoy International Holding has signed articles of partnership agreements for its investments in Miami, Brooklyn, and Manhattan, following Jacksonville in the US.
Aksoy International Holding
Aksoy Holding established Aksoy International Holding as a wholly-owned subsidiary to invest in global real estate and hospitality projects in line with its strategy of geographic diversification and growth through increasing its global footprint in real estate.
Sustainable Tourism Certification
Conrad Istanbul Bosphorus has officially obtained the
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.
Aksoy Nigeria Limited
Aksoy Nigeria Limited was established.
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.
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.
Five Star Diamond Award
Conrad Istanbul Bosphorus won the Five Star Diamond Award of the renowned World Travel Awards.
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.
Pre-opening at Epique Island
Pre-opening and first villa deliveries realized at Epique Island.
Macro Distributor for Rosneft Lubricants and Hyundai Batteries
Aksoy International became the Macro Distributor for Rosneft lubricants and Hyundai batteries in the region.
Commercial Operations Started within YEKDEM
Turcas Kuyucak Geothermal Power Plant commercial operations started within YEKDEM feed-in-tariff.
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.
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.
ATAŞ Oil Terminal
Shell & Turcas Petrol acquired Shell’s 27% shares in ATAŞ Oil Terminal.
€90 Million Financing
Aksoy Holding closed a €90 million financing with Akbank for the Epique Island project.
Renovation of Conrad Istanbul Bosphorus
Conrad Istanbul Bosphorus $70 million major renovation is completed.
Geothermal Power Plant
8 successful geothermal drillings in Kuyucak, Aydın are completed and the final investment decision of the geothermal power plant was made.
Epique Island
Epique Island project launched in August.
4 Successful Production Wells Achieved
4 exploratory drillings were accomplished in Kuyucak, Aydın.
Marmara Storage Services
Shell & Turcas Petrol acquired Petrol Ofisi’s 45% share at the Marmara Storage Services.
PASHA Bank
80% of TAIB Investment Bank shares were sold to Pasha Bank of Azerbaijan and the bank was retitled as Pasha Bank (Turkey).
Macro Distributor of Gazpromneft Lubricants in Syria
Aksoy Iraq Company became the Macro Distributor of Gazpromneft Lubricants in Syria.
Conrad İstanbul Bosphorus
Conrad Istanbul Bosphorus acquired the remaining 12% site ownership from SGK becoming the sale landlord.
2 New Gas Stations
2 new gas stations in Eskisehir were acquired.
Aksoy Middle East Company
Aksoy Holding established Aksoy Middle East Company for Shell Lubricants Macro Distributorship in Iraq.
TAIB
Aksoy Holding acquired 100% of TAIB, a Turkish investment bank.
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.
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.
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.
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.
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.
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.
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.
Turcas
Aksoy Holding became the majority shareholder of Turcas Petrol by acquiring the shares owned by ConocoPhilips and Erdal Aksoy.
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).
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
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.
International Oil Trading
Aksoy Holding - Enka Holding equally partnered starting international oil trading through wholly owned subsidiary ENAK.
Tabas Petrol
Erdal Aksoy and Partners founded Tabaş Petroleum an oil products distribution company.
Aksoy Holding Inc.
Aksoy Holding Inc. was established.
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.
Oil Business
Aksoy Family engaged in oil business through Mobil Oil dealership.