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KARADENİZ HOLDING

The foundation of Karadeniz Holding was laid in 1948 when the late Rauf Osman Karadeniz entered the trade of heavy industrial machinery and products.

For the last 76 years Karadeniz Holding has been one of the most innovative companies leading the energy sector not only in Turkey but in the world, as well as having operations in the finance, real estate, and shipbuilding industries.

The company became a pioneer shortly after entering the energy sector in 1996, where broke new ground with many awards and firsts in Turkey. It received the first wholesale electricity sales license, was the first company to export cross-border electricity and was the first private company to import electricity from Europe. Today, with 250 MW installed capacity in Turkey, Karadeniz Holding continues its investments in thermal, geothermal and solar projects.

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