Kalyon_Group

Kalyon Group

Kalyon Group

Turkish conglomerate

Kalyon Group is a Turkish conglomerate, with major interests in construction.[1] It was founded by Ömer Faruk Kalyoncu.[2]

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In 2013, it was part of a joint venture which won the EUR 22 billion contract to construct a third international airport in Istanbul.[3] Other contracts include Istanbul's Metrobus system, the construction of a new stadium for İstanbul Büyükşehir Belediyesi S.K.,[4] Karapınar solar power plant, and the redevelopment of Taksim Gezi Park to reconstruct the Taksim Military Barracks.[5]

The company was founded in 1974 by Hasan Kalyoncu and is now run by his sons. Kalyoncu was a close friend of the former President and Prime Minister Turgut Özal.[3][4] Kalyon was described in 2013 by the BBC as "a company which has close ties with the governing Justice and Development (AK) Party".[5]

In 2022, the International Holding Company from the UAE acquired 50% of Kalyon.[6]

References

  1. [1]
    "Kalyon Group".
  2. [2]
    "Kalyon Group".
  3. [3]
    Hurriyet, 3 May 2013, Üçüncü havalimanı ihalesini Limak-Cengiz-Mapa-Kolin-Kalyon OGG kazandı
  4. [4]
    Yurt, 5 March 2013, İBB'nin stadyumu da yandaşa
  5. [5]
    BBC, 5 June 2013, Turkey clashes: Why are Gezi Park and Taksim Square so important?
  6. [6]
    Company, International Holding. "History". International Holding Company. Retrieved 2024-03-18.
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