Nurol Holding

Nurol Holding is an industrial conglomerate in Turkey operating in the construction, defence manufacturing, energy, investment banking and tourism industries. Its core business is construction; Nurol Construction was founded in 1966.[2][3] It is privately owned, with equal shares held by three members of the Çarmıklı family.[4] The Holding was established in 1989.[5]

The company's 35th anniversary celebration in 2001 was attended by former Prime Minister and President of Turkey Suleyman Demirel.[6] In 2007, it considered entering the media sector by participating in the Sabah-ATV tender, but decided it against it after reviewing the companies' financials.[7]

Companies

Nurol's companies include:[8]

• Nurol Construction and Trading (Nurol İnşaat ve Ticaret A.Ş.) <[3]
• Projects include the İzmit Bay Bridge, and leadership of the Ilısu Dam construction consortium<r[4]
• Nurol Makina ve Sanayi A.S. (founded 1976) – industrial and defence manufacturing.<r[9]
• Specializes in 4x4 tactical wheeled armored vehicles such as the Nurol Ejder and the TOMA water cannon.<r[10]
• FNSS Defence Systems (FNSS Savunma Sistemleri A.Ş.) – defence manufacturing;<r[11] a joint venture with BAE Systems Inc.
• Products include armored combat vehicles and weapon systems like the FNSS Pars, ACV-300, and AZMİM.
• Nurol Teknoloji – advanced technical ceramics and ballistic protection systems.
• Products include ceramic-based armor for personnel (vests, helmets), land vehicles, and aerial platforms using boron carbide and silicon carbide.<re[12]
• Nurol Yatırım Bankası – investment banking based in Maslak<re[13]
• Nurol Real Estate (Nurol Gayrimenkul Yatırım Ortaklığı, quoted on the Istanbul Stock Exchange as NUGYO<re[14])
• Notable investments include Hurriyets headquarters, acquired for $127m in 2012<re[15]
• Turser (tourism)
• Owns Sheraton Turkey, which includes the Sheraton Ankara<re[16]

External links

• Official Website