Albayrak Group

Albayrak Group

Company type	Private
Industry	Construction, Port Investments, Manufacturing, Transportation, Agriculture, Tourism, Media
Founded	1952
Founder	Ahmet Albayrak
Headquarters	Zeytinburnu, Istanbul , Turkey
Revenue	$1 billion (2008)
Number of employees	10,000
Website	www.albayrak.com.tr

Albayrak Group is a Turkish multinational conglomerate based in Istanbul, Turkiye. The group specializes in construction, port investments, manufacturing, media, transport, logistics, waste management, and tourism, managing approximately 80 brands. Since its founding in 1952, Albayrak Group has expanded into various industries globally.

History

Albayrak Group is a joint venture by Ahmet Albayrak and his brothers Bayram Albayrak, Nuri Albayrak, Kazım Albayrak, Mustafa Albayrak, and Muzaffer Albayrak. The group kicked off commercial activities in 1952 in the construction industry upon initiatives by Hacı Ahmet Albayrak.

Albayrak Group traces its origins to Hacı Ahmet Albayrak, who contributed to rebuilding efforts after the 1939 Erzincan earthquake. Officially established in 1952 with the founding of Albayrak Construction, the company has since completed over 20,000 housing units, metro projects, hospitals, shopping malls, tunnels, administrative buildings, energy plants, and factories. The group remains 100% family-owned.

Operations

Albayrak Group operates across Türkiye, West Africa, East Africa, Asia, and Europe. Key subsidiaries, including TÜMOSAN Engine and Tractor Factory (TMSN), Trabzon Port Management and Operations (TLMAN), and Platform Tourism Transportation Company (PLTUR), are listed on the Istanbul Stock Exchange (BIST).

Key Sectors and Companies

Port Concessions

• Trabzon Port
• Alport Mogadishu (Somalia)
• Alport Conakry (Guinea)
• Alport Baku (Azerbaijan)
• Alport Pointe-Noire (Congo)
• Alport Banjul (The Gambia)
• Alport Bata and Alport Malabo (Equatorial Guinea)

The group began port operations with Trabzon Port in 2003 and expanded internationally, acquiring operational rights for ports in Mogadishu (2014), Conakry (2018), Baku (2022), Pointe-Noire (2024), Banjul (2024), Bata and Malabo (2024).

Media

• Yeni Şafak
• TVNet
• GZT
• GZT TV
• Ketebe Publishing
• Magazines: Derin Tarih, Nihayet, Z Raporu, Lokma, Cins, Skyroad, Gerçek Hayat, Post Öykü, Genç Motto, Bilge Çocuk, Bilge Minik

Albayrak Media, marking 30 years in the sector, began with the acquisition of the newspaper Yeni Şafak. Over time, it expanded into magazines and digital platforms such as GZT. In 2018, Ketebe Publishing launched with the motto "Writings Remain," publishing over 1,080 titles.

Manufacturing and Industry

• TÜMOSAN: Produces tractors, industrial engines, and military subsystems. It ranks among Turkiye's largest industrial enterprises.
• Kademe: Specializes in road-sweeping vehicles, garbage containers, and exports to 46 countries.
• Ereğli Textile and Vogel: Focuses on textile production, including military uniforms and boots.

Paper and Agriculture

• Varaka: Paper production.
• Sukkar: Sugar production and agricultural operations in Erzurum and Erzincan.

Tourism and Hospitality

• Birun Hotels: Located in Giresun, İzmir, and on the Island of Democracy and Freedom.
• Mihrabat Korusu and Restaurant: A historic and scenic hospitality venue.

Waste Management

• Bayfa and Yeşil Adamlar: Handling waste disposal and environmental management.

Data and Technology

• Albil: Provides innovative software and technological solutions domestically and internationally.
• Rasat Traffic Solutions: Specializes in intelligent traffic systems.

Logistics and Transportation

• Nakil Logistics
• Platform (Long-Term Fleet Rental)
• Havabüs: Passenger transportation services.