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Alarko Holding Publishes Its Sustainability Report
Alarko Holding contributes to a better future for all through responsible investment principles mobilizes its power for transformation in this field, and has released the 2023 Sustainability Report, which details the group's sustainability actions and ambitions.
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Alarko Agriculture Group Opens Europe’s Largest Micro Granule Fertilizer Factory
Palmira Agro, operating under the Alarko Agriculture Group, has opened Turkey’s first hybrid micro granule fertilizer factory. With a total investment of $20 million, the facility will be the largest next-generation micro granule fertilizer production plant in Europe. Covering 8,300 m² of closed space and equipped with the world’s first hybrid production technology, the new-generation micro granule factory has an annual production capacity of 12,000 tons. As a result of hybrid CE-certified environmentally friendly technologies, the facility uses 65% less energy and 70% less water in production. The 1,200 kWp solar energy system meets 35% of the energy consumption, contributing significantly to Alarko Holding’s goal of achieving Net-Zero emissions by 2050, with a 65% reduction in carbon dioxide emissions.
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Alarko’s Expanding Agricultural Investment in Kazakhstan with a Giant Greenhouse Project
Alarko Holding is planning its investments with the goal of becoming one of the top three global players in the agricultural sector, which is of strategic importance for the future of humanity. On August 7, 2024, the company took another decisive step by laying the foundation for the first phase of the TOO Alsera KZ greenhouse complex in the city of Shymkent, Kazakhstan.The complex will span approximately 2,100 decares, with the first phase covering 400 decares.
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Alarko Makes a Groundbreaking Investment Shaping the Future of the Energy Sector
In line with its strategy of creating sustainable value for the economy, human, and the planet, Alarko Holding has made a significant step that will shape the future of the energy sector. Altek Alarko, a subsidiary of Alarko Holding, has formed a joint venture with Gotion Group, one of the world’s leading technology and battery manufacturers, to establish an energy storage systems and lithium-ion battery production line in Turkey. Within this collaboration, which combines Alarko’s engineering strength with Gotion’s technical expertise in battery technology, the newly established company in Turkey will be 60% owned by Altek Alarko and 40% by Gotion Singapore Pte. Ltd.
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Alarko Holding Celebrates Its 70th Anniversary with a New Logo and Corporate Identity
Founded to contribute to the vision of a stronger Turkey during a period of accelerating industrialization in our country, Alarko Holding celebrated its 70th anniversary. Having developed and grown alongside the Republic, Alarko Holding has become a conglomerate that operates worldwide over the past 70 years. With products, services, and projects that leave a mark in economic, environmental, and social spheres, Alarko Holding is confidently advancing toward becoming a centennial company. In its 70th year, Alarko adopted the brand slogan "Value Redefined" and updated its corporate identity and logo in line with this vision. As it has done so far, Alarko Holding will continue to prioritize creating value for the economy, human, and the planet in the years to come.
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Alarko Carrier Eskişehir Production Facility: Investing in the Future with Innovative Manufacturing and Sustainable Energy
The Alarko Carrier Eskişehir production facility was established in 2023 in the Eskişehir organized industrial zone and began operations. The facility, covering an area of 23,000 m², includes 13,000 m² of office and closed space. Condensing boilers, floor-standing and wall-mounted boilers, heat pumps, and circulation pumps are produced at this facility for both the Turkish and global markets. The facility continues its operations in an environmentally friendly manner with a solar energy system that has a production capacity of 700,000 kWh, providing for its energy needs.
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Alarko Holding Publishes Its Sustainability Report
Alarko Holding contributes to a better future for all through responsible investment principles mobilizes its power for transformation in this field, and has released the 2022 Sustainability Report, which details the group's sustainability actions and ambitions.
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Great Almaty Ring Road Project Is Completed
The Great Almaty Ring Road (BAKAD), 30 kilometers from Almaty, the largest city in Kazakhstan, has been put into service, with Alarko Contracting Group as a consortium member. The 66-kilometer Greater Almaty Ring Road, the first large-scale Build-Operate-Transfer project in Kazakhstan, which was commissioned on June 16, 2023, will serve 2 million people.
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Alarko Investment Group Starts Its Operations
It is aimed to make Alarko's portfolio higher-yielding, more dynamic, and more flexible, and to increase the share of international investments through medium- and long-term investments under Alarko Investment Group, which was founded as a new business line within Alarko Holding.
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Alarko Holding Enters Agriculture and Food Sector
Alarko Holding announced that it has started its agriculture and food business with the Alto Farm brand as of 2023. The Company’s goal is to promote sustainable agriculture through various acquisitions and development activities in Greenhouse operations, Fertilizers, Food Processing, Seed Breeding, and Herbal Medicine, all while meeting its strategic growth targets in both domestic and international markets.
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Alarko Tourism Group Starts Working on a New Hotel in Bodrum
With a new hotel investment in Bodrum, Alarko Tourism Group is growing the Hillside brand, which makes a difference in the tourism sector with its "feel-good" mission. After renovations, the 1022-bed Green Beach Resort Hotel in Bodrum Gündoğan, which Alarko Real Estate Investment Trust acquired, is scheduled to reopen under the Hillside Bodrum brand in 2024, sporting a new style and concept.
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Signing Ceremony of Bucharest Henri Coanda M6 Metro Lot 1.1 Project
With a ceremony on March 8, 2022, the agreement between Metrorex S.A. and Alsim Alarko-Makyol Joint Venture, which won the tender for the construction of the Metro Connection to Henri Coanda International Airport, Lot 1.1 in Bucharest, Romania, was signed and became operative.
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Alarko Group of Companies Starts Its Investment Company: ALYAT
Alarko Group of Companies has decided to start a new company; Alyat Teknoloji Yatırımları Holding A.Ş. to invest in next-generation businesses with significant technological potential.
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Worldwide Award for Hillside Beach Club at the Prestigious Haute Grandeur Tourism Awards
Hillside Beach Club was named the World's Best Resort at the prestigious Haute Grandeur Tourism Awards.
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Mecidiyeköy-Mahmutbey Section of Kabataş-Mecidiyeköy-Mahmutbey Metro Starts Operation
Upon completion of the provisional acceptance, the first section of the Kabataş-Mecidiyeköy-Mahmutbey metro, the first driverless metro on the European side, undertaken by Alarko Contracting Group, was opened for commercial operation on October 28, 2020.
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2017 Taldykol Treatment Plant Project Completed
The 5th and last phase of the Taldykol Lake Rehabilitation and Waste Water Treatment Plant was completed as of the end of October 2017. With the completion of the project , the waste water treatment plant was brought up to the UNESCO standards and one that can answer the requirements of a modern capital.
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Karabiga Power Plant in Commercial Operation
The second unit of the Karabiga Power Plant consisting of 2 units of 660 MW capacity each and whose first unit went in operation on November 7, 2017 in accordance with the provisional acceptance of the ETKB (Ministry of Energy and Natural Resources) was also completed successfully and went into commercial operation as of 28.12.2017.
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Hillside Beach Club is the Winner of the Skalite Award for the 10th Time
The Hillside Beach Club came in first in the “Best Resort Hotel” category, making it the first hotel in Turkey to win the Skalite Award 10 times.
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We Commemorate the Memory
Our Honorary Chairman İshak Alaton, who in addition to being a successful industrialist always created a difference with his visionary stance and honesty, has left us. We will always cherish his memory.
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Alarko undertakes the Kabataş - Mecidiyeköy - Mahmutbey Metro Line Project for the Istanbul Metro
The metro line will be constructed by Alarko's Contracting Group and is planned to be commissioned by mid 2018.
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Çanakkale Karabiga Import Coal-Based Power Plant
The power plant, a 50:50 joint venture undertaking between Alarko Energy Group and Cengiz Holding is planned to be operational by 2018.
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Karakuz Hydroelectric Power Plant is Commissioned
Alarko commissioned the Karakuz Hydroelectric Power Plant set up by the Energy Group.
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Alarko Collaborates with BAU for an MBA Program
Two major brands, Alarko Holding and Bahceşehir University jointly set up the Alarko BAU MBA. This pioneering cooperation of academia and the private sector to jointly invest in advancing professional eduction has been envisioned for the first time in Turkey.
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The Kiev Boryspil Airport Project is Launched
Alarko completed the project which was developed to serve the increasing number of passengers in Kiev, Ukraine, and consisted of construction of terminal buildings, aprons, viaducts and roads.
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Electromechanical Works are Launched for the Ankara Subway
Construction and improvement works were started for the M1, M2, M3 and M4 lines of the Ankara metro in cooperation with Ankara Metropolitan Municipality.
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Kırklareli Natural Gas Combined Cycle Power Plant is Commissioned
Alarko commissioned Phase II of the Kırklareli Natural Gas Combined Cycle Power Plant established by the Energy Group.
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First Ride on Antalya's Rail System
Alarko completed the construction of the rail system in 1.5 years in cooperation with Antalya Metropolitan Municipality.
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Alarko Engages in Electricty Distribution
Co-founded by Alsim Alarko and Cengiz Holding, Alcen Elektrik acquires Meram Elektrik Dağıtım A.Ş. from a privitization tender.
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Alarko is Awarded Contract for Rail Systems in Samsun
The Alsim Alarko Consortium signed an agreement upon being awarded a 156 million Euro contract for light rail systems by Samsun Metropolitan Municipality.
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2007 4. Levent-Ayazağa Section of the Istanbul Subway to be Constructed by Alarko
Phase 3 of the Istanbul Metro project was launched by a joint venture between Alarko Holding and Makyol İnşaat.
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Kırklareli Natural Gas Combined Cycle Power Plant is Commissioned
Alarko Energy Group commissioned Phase I of the Kırklareli Natural Gas Combined Cycle Power Plant.
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Alfarm Alarko Leröy Continues with Successful Operations
Alarko established a joint venture with Hallvard Leröy AS, one of the world's largest salmon growers and exporters. Alarko Fishery Products Group continued to operate through the Alfarm Alarko-Leröy partnership.
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Hillside Su Hotel Opens
Being one of the first concept hotels selected by Design Hotels Group to collaborate in Turkey, Hillside Su Hotel was opened.
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Construction Starts for Baku-Tbilisi-Ceyhan Crude Oil Pipeline
Alarko Contracting Group undertook the crude oil pipeline project, which is planned to deliver 1 million barrels of oil per day.
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We Commemorate the Memory of Dr. Üzeyir Garih
Dr. Üzeyir Garih, who always rested his views on life and business on the principles of compassion, fairness and moderation, passed away. His views, contribution and the values that he made an integral part of Alarko will never be forgotten. Our founder is greatly missed.
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Alarko Partners with SNET
Alarko entered into a strategic 50:50 joint venture partnership with Societé Nationale d’Electricité et Thermique (SNET), a leading French energy company.
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Alarko Grows with New Factories
Alarko Carrier Sanayi ve Ticaret A.Ş. commissioned new factories and facilities in Gebze Organized Industrial Zone.
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Alarko Unites Power with TCDD
Alarko Contracting Group launched high-speed train and metro projects with Turkish State Railways (TCDD).
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Joint venture with Carrier
Industry and Trade Group entered into a 50:50 joint venture with Carrier, a global leader.
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Alarko Real Estate Investment Company is Founded
Alarko Real Estate Investment Company was founded. Alarko Real Estate Investment Company became the first real estate investment company to trade in Istanbul Stock Exchange.
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Alarko Radiator Factory is Commisioned
Built on Alarko's accumulated experience and know-how, the radiator factory started manufacturing durable, high-quality radiator devices.
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Hillside Beach Club Breathes New Life into Tourism
Located in the Kalemya Bay of Fethiye, the "Hillside Beach Club" brand started to be managed by Alarko Tourism Group.
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Alarko Lays the Foundation for Alkent Istanbul 2000
Foundation was laid for Alkent Istanbul 2000, one of Alarko's best-known projects.
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Alarko Industry and Trade IPO's
Alarko Industry and Trade went public, reinforcing its strength and reputation.
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Alarko Alfarm is Founded
Alarko's Fishery Products Group Alfarm was founded with a vision of success and leadership.
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Hydroelectric Power Plant Works
Alarko initiated hydroelectric power plant projects through partnerships.
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Alarko Launches Overseas Operations
Alarko Contracting Group started its operations in Russia and CIS member states. Major infrastructure, construction and industrial plant works were completed in Russia, Turkmenistan, Uzbekistan and Kazakhstan.
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Construction of the Istanbul Natural Gas Distribution Network Awarded to Alarko
Alarko was awarded the construction of the Istanbul natural gas distribution network.
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Alarko Education & Culture Foundation is Established
Alarko established the Alarko Education & Culture Foundation to contribute to the development of education and culture in Turkey.
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Foundations are Laid for Alarko Alkent Etiler
Alarko laid the foundation for the Alkent Etiler Housing project which left a mark on 1980's as the most prominent housing project of the decade.
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Alarko Future's Youth is Chartered
Alarko Youth Club was chartered to train and develop successful managers of the future.
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Alarko ALAMSAŞ Starts Exports
Alarko generates added value by commencing export operations of ALAMSAŞ products.
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Increased Strength with Alarko ALTRON and ALPAZ
ALTRON, Alarko's plant for the electrical industry, came into operation. Alarko started manufacturing color TV, music sets and cash registers for Blaupunkt and NEC. ALPAZ was founded for the marketing of similar products.
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Alarko Goes Public
Alarko Holding sold 15% of its shares to the public. The company successfully reached nearly 1000 shareholders.
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Alarko Becomes a Holding
Alarko is incorporated as a holding company, turns to heavy industry and starts building turn-key complete industrial facilities. The company engages in the manufacturing of industrial processing equipment (ovens, conveyors, pumps, burners, tables, cooling - air-conditioning), food industry, tourism, housing and the service sector.
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Alarko ALAMSAŞ Plant Begins Operations
The ALAMSAŞ Alarko Ağır Makina Sanayi A.Ş. Plant came into operation.
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ALFENAŞ and ALMÜT are Founded
ALFENAŞ was founded for the sales and marketing of products manufactured at the ALSAC plant, and ALMÜT was founded for imports and agency activities.
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Alarko Rises in Maslak with Business Centers Development Project
Alarko Land Development Group started its first major operations with the undertaking of Maslak Business Center Development Project.
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Alarko Builds Complete Industrial Facilities
Alarko started contracting activities for complete industrial facilities with more than 150 engineers and over 400 technicians and workers, using domestic resources.
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Alarko Becomes an Incorporated Company
Alarko gains momentum and is corporated as “Alarko Sanayi ve Ticaret A.Ş.” with a capital of TL 3,500,000. Alarko was the first Turkish company to actualize the idea of an Industrial Product Catalogue.
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First Alarko Factory is Set Up
Manufacturing of Alarko air-conditioning devices commences in the Topçular, Rami factory.
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Alarko in Engineering
Focusing on engineering, Alarko started to work on solutions for industrial problems related to thermodynamics. An engineering team of 10 was formed to built sophisticated custom made air-conditioning solutions for such institutions as the Central Bank Banknote Printing-House and the Additional Weaving Complex for Sümerbank Malatya.
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Alarko Begins Industrial Manufacturing
Alarko begins industrial manufacturing.
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Alarko Expands Its Activities
Alarko undertakes heating, air-conditioning and cooling operations using innovative and advanced techniques.
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Alarko is Born
Alarko is incorporated as a limited partnership to operate in the fields of heating, air-conditioning and cooling. The company started out with a capital of TL 20,000 and two shareholders, namely the founders İshak Alaton and Üzeyir Garih, in a single room of Vefai Han on Bankalar Caddesi, Istanbul.
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What Does "Alarko" Mean?
The company's name was created from the first two letters of the Turkish words for procurement, research and set up of complete facilities, which represent Alarko's activities.