Avrupa Holding Company

Avrupa Holding is an Istanbul-headquartered Turkish holding company that traces its origins to the establishment of Avrupa Sigorta Aracılığı A.Ş. in 1981. In 1994 the group formed Hayat Sigorta A.Ş. in partnership with the International Finance Corporation (IFC), and in 1997 Avrupa Holding itself was created to bring the management of the group's companies together under one roof. The group exited insurance in 2008 when it sold its insurance operations to the German Ergo Group. Today Avrupa Holding describes itself as focusing on four priority sectors: construction, food, agriculture and education, with additional group activities in services. Its official website organises the group into an Agriculture Group, a Construction Group, an Education Group and a Services Group. The construction arm is illustrated by the Glow 3 project in Çekmeköy, Istanbul, built by Mom Yapı — a development of 239 apartments across six low-rise blocks and one residence, with amenities including a gym, games room, semi-Olympic outdoor pool, tennis and basketball courts, and landscaped green space. The company is privately held and does not appear to be listed on a stock exchange. Its public profile is that of a diversified family-style Turkish holding group rather than a single-product brand, and its activities have historically spanned insurance, construction, food, automotive, energy, tourism, software, social services and education.

The foundations of Avrupa Holding were laid in 1981 with the establishment of Avrupa Sigorta Aracılığı A.Ş. In 1994, the group formed Hayat Sigorta A.Ş. in partnership with the International Finance Corporation (IFC). In 1997, Avrupa Holding was established in order to consolidate the management of the companies within the group under a single structure. In 2008, the group's insurance activities were sold to the German Ergo Group, marking its exit from the insurance sector. As of 2014, Avrupa Holding was reported to be active in fields including construction, food, automotive, energy, tourism, software, social services and education. Its official website presents the group through an Agriculture Group, a Construction Group, an Education Group and a Services Group, and states that the holding prioritises four sectors: construction, food, agriculture and education. The construction business is exemplified by the Glow 3 project in Çekmeköy, Istanbul, developed by Mom Yapı.

• 2014

  Reported to be active in construction, food, automotive, energy, tourism, software, social services and education.

• 2008

  Insurance activities are sold to the German Ergo Group, exiting the insurance sector.

• 1997

  Avrupa Holding is established to consolidate management of the group's companies.

• 1994

  Hayat Sigorta A.Ş. is formed in partnership with the International Finance Corporation (IFC).

• 1981

  Avrupa Sigorta Aracılığı A.Ş. is established, laying the foundations of the group.

Diversified Turkish holding group prioritising construction, food, agriculture and education.

• Glow 3 residential project

  A development in Çekmeköy, Istanbul built by Mom Yapı, comprising 239 apartments in six low-rise blocks and one residence, with a gym, games room, semi-Olympic outdoor pool, tennis and basketball courts and green space.

1. 1Avrupa Holding – Avrupa Holdingavrupaholding.com.tr
2. 2Avrupa Holding Companywikidata.org
3. 3Avrupa Holdingtr.wikipedia.org