Turkish conglomerate Cengiz Holding interested in strategic partnership with RTB Bor

The owner of the Turkish company Cengiz Holding, Mehmet Cengiz, talked to the management of RTB Bor about taking part in the tender for the strategic partner of RTB Bor on Saturday, June 30, 2018.

At the beginning of the two-day tour of the facilities within RTB in Bor and Majdanpek, Cengiz said that he wanted to expand the operations of the Cengiz Holding mining industry unit.

– State companies do not have the option to make quick decisions, whereas private ones do, and that’s a great advantage of ours. All state companies we’ve privatized in Turkey are now operating successfully. Mining is a specific industry and I believe that, even if a country has the money to stimulate this industry, it’s not the country’s job, but a job for the private sector – Cengiz said, as reported by RTB Bor.

Cengiz Holding consists of 35 companies with annual revenues of over 5 billion dollars. It operates in the fields of construction, energy, mining, tourism and media, and through its companies Eti Bakir and Eti Aluminyum, it is expanding its operations in the field of mining.

It owns a foundry in Samsun, the only metalworking facility in Turkey, as well as the underground copper mine Kure. In May 2013, Cengiz Holding signed an agreement worth EUR 22 billion on the construction of a third international airport in Istanbul.

Serbia Zijin Copper doo Bor

Cengiz Holding A.S.

RTB Bor

Cengiz Holding

Eti Bakir

Eti Aluminyum

strategic partner for RTB Bor

privatization of RTB Bor

Kure copper mine

Samsun