Sabanci receives offer for Akçansa stake
Sabanci Holding announced it received a binding offer for its 39.72 per cent stake in Türkiye-based cement and concrete producer Akçansa Cimento for an enterprise value of appro...
Sabanci
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The EIA process starts for Çimsa AS's Calcium Aluminate Cement expansion
The project introduction file has been submitted to the Mersin Governorship for the "Calcium Aluminate Cement (CAC) Production Facility Capacity Increase" project of Çimsa Çimen...
Sabanci's growth to be driven by digitalisation and sustainability
Turkish conglomerate, Sabanci, is accelerating investments across its business portfolio - including major investments into the cement division. This is comprised of CIMSA and A...
Sabanci to restructure white cement business
Turkey's Sabanci Holding has announced that it will be restructuring its white cement business unit by merging its financial power and the operational capability of its Çimsa su...
Sabanci Holding to invest TRY6bn in 2019
Sabanci Holding, one of Turkey's largest conglomerates, has said it is planning a total of TRY6bn (US$1.13bn) of investments this year. "This figure excludes any acquisitions or...
Sabanci reportedly considers the sale of three facilities
Turkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) units...
Turkey: Sabanci Holding announce investment funds
Turkish conglomerate Sabanci Holding has plans to make TRY4.5bn worth (US$1.25bn) of investments in 2017, the group's CEO said. The holding has plans to invest the funds in Turk...
Sabanci net profit up 7.6% in 2015
Turkish conglomerate Sabanci Holding posted a net profit of TRL2.236bn (US$750m) in 2015, up 7.6 per cent from a year earlier, it said in a filing to the Istanbul stock exchange...
Sabanci Holding posts 54% rise in first-quarter profit, Turkey
Sabanci Holding, whose business units include Turkish cement producers Akcansa and Cimsa, on Monday posted a 54 per cent rise in its first-quarter profit to TRL648.5m (US$241m)....
Sabanci cement unit seeks acquisition opportunities
Turkey-based Sabanci Holding's cement business expects its sales to rise 10-15 per cent this year after posting a 16 per cent increase to TRL2.5bn (US$980m) in 2014, the cement ...