Corporate
History

History

Limak Group of Companies started its operations with Limak Construction in 1976. During the first years of its activities Limak Construction concentrated on facility projects, factory assembly and steel construction, whereas it undertook many projects ranging from dams to irrigation facilities, from pipelines to refinery systems, from highways to airports, ports, building complexes to industrial installations in the following years.

Limak Group of Companies took a step into the tourism sector in 1995, the energy sector in 1997 and the cement sector in 2000. In 2008 it entered airport management sector. In the same year it took a new step into the food sector by opening Limkon Concentrate Fruit Juice Plant. Limak aimed to be a front runner in all the sectors it worked, while following the sustainable growth strategy. It added the fields of energy distribution and energy trading to its energy generation in 2010. It entered seaport management sector with the İskenderun Port, which it took over in 2011.

 

Milestones

 

1976 Limak Construction founded.
1981 Limsan Construction founded.
1995 Entry into the tourism sector: Limak Arcadia Hotel taken into service.
1997 Entry into the energy sector: Limak Energy established.
1998 Limra Holiday Village taken into service.
2000 Limak Holding was established.
Entry into the cement sector: Siirt Kurtalan Cement acquired.
2001  Çal HEPP started electricity generation.
2002 Atlantis Hotel taken into service.
2003 Limak-Nurol-Özaltın-Tütsab Consortium took over the liquor section of Tekel through privatization.
Pamuk HEPP started electricity generation.
2005 Seyrantepe HEPP investment started.
2006 Ambassadore Hotel taken into service.
All shares in Mey İçki A.Ş. sold to TPG.
Enteringinto the aviation sector: Limak Aviation established.
Limak Lara Hotel taken into service.
2007 Şanlıurfa Cement Factory acquired.
2008 İstanbul Sabiha Gökçen International Airport Investment Construction and Operation Corp. established.
Seyrantepe HEPP started generation.
Limak-GMR-Malaysia Airports Consortium took over Istanbul Sabiha Gökçen International Airport.
Bitlis Cement Plant taken into service. 
Limkon Fruit Juice Concentrate Facilities taken into service.
2009 İstanbul Sabiha Gökçen International Airport new International Lines Terminal taken into service.
Mardin Cement Factory started production.
Uzunçayır Dam and HEPP started generation.
2010 Yalova Thermal Boutique Hotel taken into service.
Entry into the electricity distribution sector: UEDAŞ and ÇEDAŞ. taken over by Cengiz-Limak-Kolin Partnership.
2011 Entry into the energy trade sector: Limak Energy Trade Company started to operate.
Alkumru Dam and HEPP taken into operation.
Set Cement joined Limak Cement Group.
Limak took over Pristina Airport.
36 years’ operating rights of İskenderun Port transferred to Limak.
Limak Eurasia Hotel taken into service.
2012 Kosovo Electricity Distribution Company privatization tender awarded to Limak-Çalık partnership.
Akdeniz Electricity Distribution privatization tender awarded to Cengiz-Limak-Kolin partnership.
Boğaziçi Electricity Distribution privatization tender awarded to Limak-Cengiz-Kolin Consortium.
2013 Ege Cement joined Limak Cement Group.
Istanbul New Airport tender awarded to the JV where Limak is a partner and Implementation Contract signed.
Hamitabat Natural Gas Combined Cycle Power Plant taken over by Limak.
Pristina International Airport new terminal building taken into service.
Ankara High Speed Train Station project started.
2014 Limak Cement signed investment contract with Afrikbat to build a new plant in Ivory Coast. Started investment activities in Mozambique.
Kemerköy and Yeniköy thermal power plants taken over by Limak-IC İçtaş partnership..
Partnership contract signed with InfraMed for 25 percent of Hamitabat Natural Gas Combined Cycle Power Plant.
2015 Pembelik Dam and HEPP taken into operation.
Hamitabat Natural Gas Combined Cycle Plant renovation investment started.
New Limak Anka Integrated Cement Factory and Kilis Integrated Cement Factory investments started.
Limak Kilis BİMS plant taken into operation.