Hacı Ömer Sabancı Holding A.Ş., abbreviated as Sabancı Holding, is the largest industrial and financial conglomerate in Turkey

Turkey

Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

 by profit. The holding is owned at about 75% by the Sabancı family

Sabanci family

The Sabancı family is a dynasty of Turkish businesspeople founded by Hacı Ömer Sabancı, a self-made wealthy trader. Some second and third generation members of the family control today Turkey’s largest and prestigious group of companies, established mostly by the efforts of his son Sakıp Sabancı...

, one of Turkey's wealthiest. 3% is owned by the Sabancı University

Sabanci University

Sabancı University is a private research institution located in Istanbul, Turkey. Founded in 1996. SU is a small and highly focused university with 2861 undergraduates and 624 graduates, maintaining a strong emphasis on social and natural sciences...

 and the Sabancı Foundation. The remaining 22% is listed in the Istanbul Stock Exchange

Istanbul Stock Exchange

The Istanbul Stock Exchange is the only corporation in Turkey for securities exchange established to provide trading in equities, bonds and bills, revenue-sharing certificates, private sector bonds, foreign securities and real estate certificates as well as international securities. The ISE was...

 (IMKB). Erol Sabancı

Erol Sabanci

Erol Sabancı , a member of the renowned Sabancı family in second generation, is a billionaire Turkish banker.-Biography:Erol Sabancı is the Honorary Chairman of Akbank and the doyen of Turkish bankers...

 family, Sevil Sabancı

Sevil Sabanci

Sevil Sabancı , a member of the Sabancı family in third generation, is a Turkish businesswoman.-Biography:She was born on January 4, 1973, in Istanbul, Turkey as the third child of Sakıp Sabancı, the founder of Sabancı Holding, Turkey’s second biggest industrial and financial conglomerate...

, Dilek Sabancı, Serra Sabancı are major sharehoders and represent the board, whereas, Ömer Sabancı

Ömer Sabanci

Ömer Sabancı , a member of the Turkey’s second wealthiest Sabancı family in third generation, is a Turkish businessman. He has the ex-chairman of the prestigious Turkish Industrialists' and Businessmen's Association .-Biography:...

 , Demet Sabancı and Şevket Sabancı

Sevket Sabanci

Şevket Sabancı , a member of the renowned Sabancı family in second generation, is a Turkish businessman and philanthropist.-Biography:...

 family are shareholders who are not included in the board of members.

Sabancı Holding controls 70 companies, many of which are recognized market leaders in their respective sectors. The group has a total of 65,000 employees and operates in 15 countries. 11 of its companies are also listed on the Istanbul Stock Exchange

Istanbul Stock Exchange

The Istanbul Stock Exchange is the only corporation in Turkey for securities exchange established to provide trading in equities, bonds and bills, revenue-sharing certificates, private sector bonds, foreign securities and real estate certificates as well as international securities. The ISE was...

. The holding

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 and its subsidiaries own more than 40% of Akbank

Akbank

Akbank is Turkey-based bank and was founded in Adana, Turkey on January 1948, originally to provide financing for the cotton producers in the Çukurova region. Growing and developing over time, the Bank opened its first branch in Istanbul in the district of Sirkeci on July 14, 1950, moving its...

, the country's largest bank, and has operations in such markets as automotive, cement, energy, retail, insurance, telecom, textiles, tires, plastic, hotels, paper and tobacco. Sabanci has many joint ventures with large companies including Citigroup

Citigroup

Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...

, Aviva

Aviva

Aviva plc is a global insurance company headquartered in London, United Kingdom. It is the sixth-largest insurance company in the world measured by net premium income and has 53 million customers in 28 countries...

, Bridgestone

Bridgestone

The is a multinational rubber conglomerate founded in 1931 by in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of ishibashi, meaning "stone bridge" in Japanese....

, Verbund

Verbund

Verbund AG, formerly known as Verbundgesellschaft or Österreichische Elektrizitätswirtschafts-AG, is Austria's largest electricity provider. Verbund covers around 40 percent of electricity demands in Austria and generates 90 percent thereof from Hydro power. In addition, Verbund operates the...

, Bekaert

Bekaert

N.V. Bekaert S.A. is an industrial company, which is one of the BEL20 companies in the index for the Euronext Brussels stock exchange. The company specializes in advanced metal transformation and advanced materials and coatings...

, Heidelberg Cement, Carrefour

Carrefour

Carrefour S.A. is an international hypermarket chain headquartered in Levallois-Perret, France. It is one of the largest hypermarket chains in the world...

, Dia, Hilton

Hilton Hotels Corporation

Hilton Worldwide is a global hospitality company. It is owned by the Blackstone Group, a private equity firm. As of July 2011 Hilton brands encompass 3,750 hotels with over 600,000 rooms in 84 countries...

, Mitsubishi Motor, International Paper

International Paper

International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 59,500 employees, and it is headquartered in Memphis, Tennessee.-History:...

 and Philip Morris

Philip Morris International

Philip Morris International is an international tobacco company, with products sold in over 160 countries. In 2007, it held a 15.6% share of the international cigarette market outside of the USA and reported revenues net of excise taxes of $22.8 billion and operating income of $8.9 billion.Until...

.

The headquarters of the company was moved from Adana

Adana

Adana is a city in southern Turkey and a major agricultural and commercial center. The city is situated on the Seyhan River, 30 kilometres inland from the Mediterranean, in south-central Anatolia...

 to İstanbul

Istanbul

Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...

 in 1974, and is located in a twin skyscraper

Skyscraper

A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...

 building in Levent

Levent

Levent is a neighbourhood and one of the main business districts of Istanbul, Turkey, located on the European side of the city. It is a part of the municipality of Beşiktaş which is situated to the north of the Golden Horn, at the western shore of the Bosporus strait.Levent is in direct...

. Chairwoman of the holding is the third-generation member of the Sabancı family

Sabanci family

The Sabancı family is a dynasty of Turkish businesspeople founded by Hacı Ömer Sabancı, a self-made wealthy trader. Some second and third generation members of the family control today Turkey’s largest and prestigious group of companies, established mostly by the efforts of his son Sakıp Sabancı...

 Güler Sabancı

Güler Sabanci

Güler Sabancı is a third-generation female member of the renowned Sabancı family, and currently the chairperson of the family-controlled Sabancı Holding, the second-biggest industrial and financial conglomerate of Turkey.-Biography:...

, who was appointed after the death of her uncle Sakıp Sabancı

Sakip Sabanci

Sakıp Sabancı was a prominent Turkish business tycoon and philanthropist.Born as the second son of a cotton trader, he worked in all the ranks of his father's business without completing high school. He was the head of Turkey's largest business conglomerate and 147th richest man on the Forbes list...

 in 2004, the leader of the holding since its founding in 1967. Vice chairman is Erol Sabancı

Erol Sabanci

Erol Sabancı , a member of the renowned Sabancı family in second generation, is a billionaire Turkish banker.-Biography:Erol Sabancı is the Honorary Chairman of Akbank and the doyen of Turkish bankers...

. Other members of the board of directors are Sevil Sabancı

Sevil Sabanci

Sevil Sabancı , a member of the Sabancı family in third generation, is a Turkish businesswoman.-Biography:She was born on January 4, 1973, in Istanbul, Turkey as the third child of Sakıp Sabancı, the founder of Sabancı Holding, Turkey’s second biggest industrial and financial conglomerate...

, Serra Sabancı, Hasan Güleşçi, Nafiz Can Paker and Zafer Kurtul, who is currently also the company’s CEO.

With controlling interests in 11 companies listed on the Istanbul Stock Exchange, Sabancı Holding is Turkey’s leading financial conglomerate and one of the leading industrial groups.