Doğuş Group facts for kids
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| Private | |
| Industry | Conglomerate |
| Founded | 1951 |
| Founder | Ayhan Şahenk |
| Headquarters | , |
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Key people
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Number of employees
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21,000+ |
Doğuş Group is a very large company group in Turkey. It owns many different businesses, like fancy car dealerships, shops, restaurants, construction companies, radio stations, TV channels, and travel agencies. They have over 250 companies in 7 main areas. This group used to own a big bank called Garanti, which is now part of BBVA.
Contents
How Doğuş Group Started
The story of Doğuş Group began in 1951. A person named Ayhan Şahenk started investing in construction. His company, Doğuş Construction, became a top builder of roads, ports, and hospitals in Turkey.
Doğuş Construction officially started on June 17, 1966. In the same year, another company called Antur Tourism was founded, and Club Alantur in Alanya was bought. Ayhan Şahenk later started investing in banks in the late 1970s.
In the 1980s, Turkey's economy changed, becoming more open to businesses. Ayhan Şahenk then expanded into importing cars, tourism, and food. He worked with big international companies like Volkswagen and Sheraton Hotels and Resorts.
A New Leader Steps In
In 1989, Ayhan Şahenk's son, Ferit Şahenk, came back to Istanbul. His father sent him to learn at Garanti Bank. After eight years, Ferit joined the main company and kept adding new businesses.
Starting in 1998, he bought two food store chains and began running NTV, a TV channel. He helped pay for this growth by selling some parts of Garanti Bank to the public. Ferit also created a special team called Humanitas to find talented people for the group. By 1999, Doğuş Group's yearly earnings reached about US$5.7 billion.
In April 2001, Ferit took over Doğuş Group after his father, Ayhan Şahenk, passed away. He sold a part of Garanti Bank to General Electric in 2004. This was an important step for banks in Turkey, especially after the country faced financial challenges in 2001. Ferit also manages Turkish media companies, which get a big share of the country's advertising money.
What Doğuş Group Does Today
Doğuş Group works in 7 main areas. These include cars, construction, tourism, and media.
The group has more than 21,000 employees. They serve over 5 million customers. Their goal is to use their skilled employees and advanced technology. This helps them build strong brands that customers will love. They also aim to grow in their region by working with global partners.
In 2018, during a time of financial difficulty in Turkey, the group worked with its lenders to manage its loans. After this period, Doğuş Group sold some of its properties to reduce its debt. These included the Capri Palace Hotel, a share in the İstinye Park shopping mall, a superyacht repair center called MB92, and its D-Marin yacht marinas.
Exciting Projects and Interests
Galataport: A Big Project in Istanbul
In 2013, Doğuş Group won a bid to build Galataport. This is a large cruise ship port in Karaköy, Istanbul. They worked on this project with Bilgili Holding.
As part of the Galataport project, Doğuş Group became a main supporter of İstanbul Modern. This is a modern art museum. They helped develop its new building, which was designed by the famous architect Renzo Piano.
Food and Entertainment Businesses
D.ream (Doğuş Restaurant Entertainment and Management) owns most of Nusr-Et Group. This group became famous worldwide because of its chef, Nusret Gökçe, also known as Salt Bae.
Companies in the Group
Cars and Vehicles
- Doğuş Automotive: This company is the official seller for many famous car brands in Turkey. These include Volkswagen, Audi, Porsche, Bentley, Lamborghini, Bugatti, SEAT, Skoda, and Scania.
- DOD: This is where the group sells used cars.
- vdf / Volkswagen Doğuş Finans: This part of the group helps people get loans to buy cars.
- TÜVTÜRK: This company checks vehicles to make sure they are safe and meet standards.
Building and Construction
- Doğuş Construction: This is the main construction company.
- Teknik Engineering and Consultancy: This company provides expert advice for building projects.
Media and Entertainment
- Television Channels: NTV, NTV Para, NTV Spor, NTV World, Star TV, Star 2, Euro Star, Kral TV, Kral Pop TV, Kral World TV, e-TV, e2, e-Film.
- Radio Stations: NTV Radyo, NTV Para Radyo, NTV Spor Radyo, NTV World Radio, Kral FM, Kral Pop Radyo, Kral World Radio, Radyo Eksen, Radyo Voyage.
- Newspapers: Star, Star Daily News.
- OTT Platform: puhutv (an online video streaming service).
- Digital Platform: Star Digital.
- Live Events: Pozitif, Volkswagen Arena, Babylon, Yapıkredi Bomontiada (places and companies that organize events).
Food, Travel, and Shops
- D.ream Türkiye: This includes many popular restaurants like Da Mario Ristorante, Delimonti, Fenix, Frankie, Gina, Günaydın, Kitchenette, Lacivert, Masa, Mezzaluna, Sait, The Populist, and Vogue Restaurant.
- D.ream International: This part manages international restaurant groups like Azumi Group (Zuma, Roka), Paraguas Group (Amazónico), Nusret Group (Nusr-Et Steakhouse, Saltbae Burger), and Coya.
- D-Hotelier: This manages several hotels and resorts.
- D-Maris Bay
- D-Resort Göcek
- D-Resort Ayvalık
- Maçakızı Bodrum
- Hyatt House Gebze
- Grand Hyatt İstanbul
- Soho House İstanbul
- Argos In Cappadocia
- Chenot Palace Weggis
- Hotel Aldrovandi Villa Borghese
- D-Saat: This company sells luxury watches from brands like Hublot, Arnold & Son, HYT, Bell & Ross, Breitling, and Vacheron Constantin.
- D-Retail: This manages stores for fashion brands like Eleventy, Leica, Loro Piana, M Missoni, Kiko, and Under Armour.
- Antur Tourism: A company focused on travel and tourism.
Real Estate
- Doğuş REIT: This is a real estate investment trust. Its shares are traded on the Borsa Istanbul stock exchange.
- Doğuş Real Estate: This company handles various real estate projects.
Technology
- Doğuş Teknoloji: The main technology company within the group.
- Related Digital
- Reidin
- Invendo
- Zingat
Energy
- Boyabat Elektrik Üretim ve Ticaret A.Ş.: This company operates a 513MW hydro power plant (HPP) with other partners.
- Doğuş Enerji Üretim ve Ticaret. A.Ş.: This company fully owns and operates a 332MW hydro power plant.
- Aslancık Elektrik Üretim A.Ş.: This company operates a 120MW hydro power plant with other partners.
Other Investments
- Zubizu
- D-Gym
- n11.com
- Körfez Havacılık (Aviation)
- Galataport İstanbul
