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Koç Holding A.Ş. () is the largest industrial conglomerate in
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in ...
, and the only company in the country to be listed on the
Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed o ...
as of 2016. The company, headquartered in Nakkaştepe,
Istanbul ) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_in ...
, is controlled by the
Koç family The Koç family is a Turkish family of business people founded by Vehbi Koç, one of the wealthiest self-made people in Turkey. His grandsons, the third generation of the Koç family, today run Turkey's largest group of companies, Koç Holding ...
, one of Turkey's wealthiest families. The company was formed in 1963 when founder Vehbi Koç, who established his first firm in 1926, combined all of the companies bearing his name into Koç Holding.


History

The first firm that was to become Koç Holding was established in 1926 by Vehbi Koç. In 1984, Vehbi Koç handed his position as chairman of the board over to his son Rahmi M. Koç. In September 1988, the company moved its headquarters from Fındıklı, Istanbul, to Nakkaştepe on the Anatolian part of Istanbul. On April 4, 2003, Rahmi Koç retired and handed his position over to his eldest son Mustafa V. Koç. Rahmi Koç retained the title of honorary chairman and a seat on the board of directors. In February 2015, Levent Çakıroğlu replaced Turgay Durak as CEO. In 2016 Q1, Omer Koc became the chairman of the board following the death of Mustafa V. Koç.


Operations

The shares of 16 Koç Group companies are traded on the
Istanbul Stock Exchange The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) ( tr, İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange ( tr, İstanbul Altın Borsası, İA ...
; together, the groups comprise 113 companies, 90,000 employees, and 14,000 dealers, agencies, and after-sales services people.


Group companies


References


External links

* {{DEFAULTSORT:Koc Holding Conglomerate companies of Turkey Companies listed on the Istanbul Stock Exchange Companies based in Istanbul Defence companies of Turkey Koç family Üsküdar Conglomerate companies established in 1926 Holding companies of Turkey Turkish companies established in 1926 Holding companies established in 1926 1970s initial public offerings