MNG Group of Companies
The MNG Group which comprised two major "general contracting firms" Günal Co. Inc. and Mapa Co. Inc. in the initial years and the companies which complement each other in terms of specialization areas and have purpose of meeting all requirements and demands of contract and tourism sectors, has rapidly grown by the companies it has established in the energy, finance, tourism operation, airways, cargo, media sectors and defence industry. The MNG Group by the initial year 2005 comprises 43 companies and 6 participations.
By the initial year 2005, the total capital investment of the MNG Holding comes out to be $ 233 million, and the Group's completed works to be $ 4 billion and works in progress to be $ 1.28 billion.
The major contracts undertakenby MNG Group of Companies as a "general contactor" include costruction of hotels, holiday villages, housing projects, shopping and commercial centers, thermal power plants, industrial plants, dams, irragation systems, tunnels, reinforced concrete silos, quays and factories on a turn key basis and the production of digital maps using aerial photography at its own computer center and all kinds of soil and foundation engineering projects.
The MNG Group has realized large investmens mainly in the tourism sector during the last ten years. In this period MNG Holding has contributed a total of 9.000 beds to the sector by construction such prevailing hotels as; WOW Kremlin Palace, WOW Topkapı Palace, WOW Bodrum Resort, WOW World Palace, WOW Kiriş Resort, WOW Uludağ Resort Hotel, WOW Airport Hotel, Ankara and Istanbul Mega Residence Hotels. Likewise, MNG Holding is planing to increase its investments in this segment. Moreover, in addition to the hotel investments, the company has been concentrating on airline transportation, hotel management and tour operating activities, as well.
Moreover establishment of MNG Cargo Co. Inc. has generated the group to have a share in both international and domestic cargo transportation sector.
Corporate Structure
> Construction Sector Companies
> Tourism Sector Companies
> Transportation Sector Companies
> Finance Sector Companies
> Communication Sector Companies
MNG News Agency Co. Inc.
MNG Net Co. Inc.
> Defence Industry Companies