Founded in 1954 as a limited partnership by İshak Alaton and Üzeyir Garih, Alarko was incorporated as a holding company in 1973 and went public in 1974. Today, the company is one of Turkey's leading industrial enterprises with a strong history of over 60 years and operations in 5 different fields of activity, 24 subsidiaries including an international joint venture, 7,000 employees and annual revenues of 2.5 billion TL as of the end of 2015.
Alarko Holding is one of the most respected enterprises of the Turkish economy with its leading brands, extensive knowledge and experience in various fields, high-technology driven R&D investments, national sales network, international projects and ambition for global competition. Alarko Holding has become a symbol of trust and prestige with its corporate ethical values which have not been compromised since the very first day of its foundation, principle of superior quality in all products and services, and policy of investing in people.
Alarko Holding Contracting Group implements world-class projects successfully, delivering turn-key projects both at home and abroad.
Continuing with its fast-paced investments in consideration of the increase in energy consumption in Turkey and around the world, Alarko Holding Energy Group is engaged in Energy Trade besides Energy Production and Energy Distribution. Meram Elektrik Dağıtım A.Ş. (MEDAŞ), which was taken over in 2009 upon privatization, provides electricity distribution services in a region that corresponds to approximately 10% of Turkey's surface area. In addition to the hydropower, natural gas and thermal power plants operated by the company, Turkey's first photovoltaic (PV) solar power plant started production activities in 2012.
Alarko Holding Industry and Trade Group has maintained a consistent and successful course of growth with heating and ventilation services and the manufacturing, sales and after-sales services of air-conditioners and pumps. In 1998, Alarko Industry and Trade Group entered into a strategic joint venture with US-based Carrier, a world leader in air-conditioning. Alarko Carrier was born out of this partnership and gave impetus to the entire group.
With more than 20 years' know-how, Alarko Tourism Group is Turkey's first representative in the "leisure" industry, which is growing fast globally, and aims to be "beyond competition" at all times with successful businesses including Hillside Beach Club, Hillside City Club, Cinecity cinemas and Sanda Spa.
Land Development Group has made a difference in all its projects thanks to over 45 year's experience and knowledge, and developed Alkent, one of the most prestigious brands of 2000s.
Alarko Holding continues to add value to Turkey with world-class projects undertaken in all fields of activity.