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İhlas Holding

A Turkish diversified holding company with operations in media, construction, consumer appliances, energy, mining, healthcare, education, and related services.

Last updated August 26, 2026

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Overview

İhlas Holding A.Ş. is a Turkish diversified conglomerate whose businesses span media, construction, electrical and household appliances, marketing, energy, mining, healthcare, and education. Its corporate history grew out of the Türkiye newspaper, established in 1970 by Enver Ören. The holding company itself was formed in 1993 and became publicly listed in 1994. Media has historically been one of the group’s most visible areas. Its portfolio has included the Türkiye newspaper, TGRT television properties, TGRT News, TGRT FM, TGRT Documentary, TGRT EU, İhlas News Agency, the İhlas Magazine Group, and media planning and purchasing services. The group has also operated digital and internet-related assets, including Ihlasnet and a visual media and internet business. These activities place İhlas within Turkey’s politically and commercially significant newspaper, television, radio, news-agency, and digital-media markets. Outside media, İhlas has organized activities through specialized subsidiaries and divisions. İhlas Construction Group represents the company’s construction interests, while İhlas Home Appliances Inc. manufactures electrical and electronic household appliances. İhlas Marketing provides trading and marketing activities. İhlas Mining is associated with the group’s energy and mining operations. The group has also operated or sponsored businesses in healthcare and education, including Türkiye Hospital and İhlas College. İhlas has used a multi-company public-market structure rather than relying only on the parent holding’s listing. Companies associated with the group have included İhlas Holding, İhlas Ev Aletleri İmalat Sanayi ve Ticaret, İhlas Gazetecilik, İhlas Madencilik, and İhlas Yayın Holding. The Türkiye newspaper publisher was floated in 2010 through İhlas Gazetecilik, with 33% of its shares offered according to the referenced account. This structure gives the group exposure to both operating businesses and separately listed sector vehicles. The company is primarily a Turkey-focused conglomerate. Available reference material identifies its main activities and listed entities but does not provide sufficient current information to establish a complete account of present ownership, leadership, financial performance, international operations, or the status of every historical subsidiary. Accordingly, the group is best characterized as an active Turkish holding company with a broad portfolio and a particularly strong historical association with media.

History

İhlas Holding’s roots lie in the creation of the Türkiye newspaper in 1970 by Enver Ören. The newspaper became the foundation for a broader group of publishing and media activities. Over time, the organization expanded beyond print journalism into television, radio, news gathering, magazines, media planning, and digital services. The TGRT name became associated with several of the group’s broadcasting operations, including general television, news, documentary, European-oriented programming, and radio. The holding company was formally established in 1993, more than two decades after the launch of Türkiye. The creation of the holding provided a corporate framework for bringing together the group’s media interests and its activities in other industries. İhlas entered the Istanbul Stock Exchange in 1994, giving the parent company access to public capital markets and establishing a long-term connection with Turkey’s listed-company system. During its development, İhlas broadened its portfolio through businesses outside media. Its construction interests were organized under İhlas Construction Group. The group also established or operated businesses connected with electrical and electronic household appliances, including İhlas Home Appliances Inc., as well as marketing and trading through İhlas Marketing. Energy and mining were represented by İhlas Mining, while healthcare and education activities included Türkiye Hospital and İhlas College. The group’s public-market structure later included several separately listed or publicly traded entities. These included the holding company itself, İhlas Ev Aletleri İmalat Sanayi ve Ticaret, İhlas Gazetecilik, İhlas Madencilik, and İhlas Yayın Holding. İhlas Gazetecilik was associated with the Türkiye newspaper and was floated in 2010, with the referenced account reporting that 33% of its shares were offered. The use of separate listed vehicles reflected the group’s division into media, manufacturing, mining, and holding-company interests. Its media portfolio has included the Türkiye newspaper, TGRT News, TGRT 2, TGRT FM, TGRT Documentary, TGRT EU, İhlas News Agency, the İhlas Magazine Group, İhlas Media Planning and Purchasing Services, Digital Assets Visual Media and Internet, and Ihlasnet. These assets illustrate the group’s progression from newspaper publishing into a multi-platform communications business. Available reference material confirms the group’s origins, formal establishment, stock-market history, principal business divisions, and major media properties. It does not establish a complete chronology of ownership changes, current executives, financial results, or the continuing status of every named subsidiary. The documented history therefore supports describing İhlas Holding as an active Turkish conglomerate with roots in religiously oriented newspaper publishing and a subsequent expansion into multiple commercial sectors.

  • 2010

    Türkiye newspaper publisher floated

    [1]

    İhlas Gazetecilik, associated with the Türkiye newspaper, was floated in 2010; the referenced account states that 33% of its shares were offered.

  • 1994

    Parent company listed on the Istanbul Stock Exchange

    [1]

    İhlas Holding became publicly listed in 1994, according to the referenced company history.

  • 1993

    İhlas Holding established

    [1]

    The holding company was formally created to organize the group’s expanding media and non-media businesses.

  • 1970

    Türkiye newspaper founded

    [1]

    Enver Ören founded the Türkiye newspaper, the publishing venture from which the later İhlas business group developed.

Products and positioning

A diversified Turkish holding company combining media assets with industrial, construction, trading, resource, healthcare, and education businesses.

  • Newspaper · 1970

    Türkiye

    Türkiye is the newspaper founded in 1970 by Enver Ören and the original media asset associated with the later İhlas group. It provided the foundation for the group’s subsequent expansion into television, radio, magazines, news gathering, and digital media. Its publishing business was later associated with İhlas Gazetecilik, which was floated in 2010.

  • Television and radio broadcasting

    TGRT media services

    The TGRT portfolio has included television and radio properties associated with İhlas, including TGRT, TGRT 2, TGRT News, TGRT FM, TGRT Documentary, and TGRT EU. Together, these services extended the group’s media presence beyond newspapers into news, general programming, documentary content, radio, and European-oriented broadcasting.

  • News agency

    İhlas News Agency

    İhlas News Agency is the group’s news-gathering and reporting business. It complements the group’s newspaper, broadcast, magazine, and digital properties by supplying news content and agency services. The available reference identifies it as part of the İhlas media portfolio but does not provide sufficient detail on its current ownership or operating scale.

  • Electrical and household appliances

    İhlas Home Appliances

    İhlas Home Appliances Inc. represents the group’s manufacturing activity in electrical and electronic household appliances. It is associated with the separately listed İhlas Ev Aletleri İmalat Sanayi ve Ticaret entity. The available material does not specify a complete product catalogue or current brand architecture.

  • Construction

    İhlas Construction Group

    İhlas Construction Group organizes the holding’s construction interests. The referenced material identifies construction as a major business area but does not provide enough information to describe particular developments, geographic projects, or current operating subsidiaries without speculation.

  • Mining and energy

    İhlas Mining

    İhlas Mining represents the group’s interests in mining and energy. The associated public-market structure has included İhlas Madencilik. No detailed list of mines, commodities, production volumes, or current projects is established by the supplied reference.

  • Healthcare

    Türkiye Hospital

    Türkiye Hospital is identified as one of the group’s healthcare activities. The available reference does not provide sufficient detail about its facilities, services, ownership structure, or present operating status.

  • Education

    İhlas College

    İhlas College represents the group’s education interests. The supplied material names the institution but does not establish a detailed account of its campuses, curriculum, enrollment, or current corporate relationship with the holding.

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