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Çalik Holding Annual Report 2019 Çalik Holding Annual Report 2019 Annual Report ÇALIK HOLDİNG ANNUAL REPORT 2019 ÇALIK HOLDİNG HOLDİNG ÇALIK ANNUAL REPORTANNUAL 2019 www.calik.com Contents ÇALIK HOLDİNG 02 A Quick Glance at Çalık Group 04 Our Vision, Mission, Values 06 Message from the Chairman 08 Board of Directors 12 Çalık Group 14 About Çalık Holding 16 Milestones 22 Key Financial Indicators MINING FINANCE TEXTILE 26 Operation Map ENERGY SECTOR LİDYA MADENCİLİK SAN. VE AKTİF BANK ÇALIK DENİM HEADQUARTERS TİC. A.Ş. Headquarters Keresteciler Sitesi, Fatih Cad. 30 An Overview of the Energy Sector in 2019 Büyükdere Cad. No: 163 Esentepe Mah. Kore Şehitleri Cad. Ladin Sok. No: 17 34169 Merter, 32 Çalık Enerji 34394 Zincirlikuyu, No: 8/1 Şişli/ 34394 Güngören/ISTANBUL/TURKEY 38 Yeşilırmak Elektrik Dağıtım A.Ş. (YEDAŞ) 42 Yeşilırmak Elektrik Perakende A.Ş. (YEPAŞ) Şişli/ISTANBUL/TURKEY ISTANBUL/TURKEY Tel: (+90 212) 459 26 26 46 Kosovo Çalık Limak Energy Sh.A. Tel: (+90 212) 306 52 46 Tel: (+90 212) 340 80 00 Fax: (+90 212) 677 41 17 50 Aras Elektrik Dağıtım A.Ş. (Aras EDAŞ) Fax: (+90 212) 212 28 85 Fax: (+90 212) 340 88 65 54 Aras Elektrik Perakende Satış A.Ş (Aras EPSAŞ) Communications Center: 0850 724 ÇALIK DENİM FACILITY CONSTRUCTION SECTOR POLİMETAL MADENCİLİK SAN. VE 30 50 1. Organize Sanayi Bölgesi 2. Cad. TİC A.Ş. No: 6 44900 Yeşilyurt, 60 An Overview of the Construction Sector in 2019 Beştepe Mah. Yaşam Cad. Ak Plaza BKT ALBANIA MALATYA/TURKEY 64 Gap İnşaat No: 7/7 Kat: 1 06560 Yenimahalle, Banka Kombëtare Tregtare Tel: (+90 422) 377 61 00 TEXTILE SECTOR ANKARA/TURKEY “Zhan D’Ark” Boulevard Fax: (+90 422) 237 54 17 Tel: (+90 312) 219 01 62 TIRANA/ALBANIA 70 An Overview of the Textile Sector in 2019 Fax: (+90 312) 219 01 67 Tel: (+355) 4 2 250 955 GAP PAZARLAMA A.Ş. 72 Çalık Denim Fax: (+355) 4 2 250 956 HEADQUARTERS 80 Gap Pazarlama ARTMİN MADENCİLİK SAN. VE E-mail: [email protected] Keresteciler Sitesi Fatih Cad. MINING SECTOR TİC A.Ş. Yıldırım Sok. No: 18 Merter Beştepe Mah. Yaşam Cad. BKT KOSOVA Güngören, ISTANBUL/TURKEY 84 An Overview of the Mining Sector in 2019 Ak Plaza No: 7/7 Kat 1 06560 Banka Kombëtare Tregtare Tel: (+90 212) 306 53 94 88 Lidya Madencilik Yenimahalle, ANKARA/TURKEY Kosovë J.S.C Fax: (+90 212) 306 53 01 TELECOMMUNICATIONS SECTOR Tel: (+90 312) 219 01 62 “Ukshin Hoti” Street, No 29, Qyteza Fax: (+90 312) 219 01 67 Pejton, PRISHTINA, KOSOVO TELECOMMUNICATIONS 94 An Overview of the Telecommunications Sector in 2019 Tel: (+383) 38 666 666 96 ALBtelecom E-mail: [email protected] ALBTELECOM HEADQUARTERS FINANCE SECTOR https://bkt-ks.com/ Autostrada Tiranë – Durrës, Km 7, Kashar, 102 An Overview of the Finance Sector in 2019 TIRANA/ALBANIA 104 Aktif Bank 114 Aktif Bank’s Unique and Innovative Subsidiaries Tel: (+ 355) 4 22 90 100 118 Banka Kombetare Tregtare (BKT) www.albtelecom.al DIGITAL SECTOR DIGITAL 126 An Overview of the Digital Sector in 2019 128 Çalık Dijital ve Bilişim Hizmetleri A.Ş. ÇALIK DIGITAL Büyükdere Cad. No: 163 34394 CORPORATE MANAGEMENT Zincirlikuyu, Şişli 134 Corporate Management ISTANBUL/TURKEY 136 Corporate Social Responsibility Activities Tel: (+90 212) 306 50 00 142 Occupational Safety, Environment and Quality Policy Fax: (+90 212) 306 56 00 144 Human Resources 147 Organization Structure 148 Executive Management Proudly produced by FİNAR. 152 Contact www.finarkurumsal.com MORE TO COME… We work in different geographic areas with diversified capabilities to design a better future for people. As we execute our business operations in 20 countries across Central Asia, the Balkans and the MENA region, we create employment opportunities for more than 23 thousand persons. Moving steadily forward with the values we have embraced from our past to the present, we are growing stronger each day with our ever-expanding experience and know-how. We will design the future with our innovative approach, an ability to adapt to change and our forward-looking strategies. We will continue to record outstanding achievements, as we have from the beginning. ÇALIK HOLDİNG ANNUAL REPORT 2019 A QUICK GLANCE ENERGY CONSTRUCTION TEXTILE AT ÇALIK Çalık Group realizes Çalık Group’s subsidiary Producing 44 million investments and engaged in the meters of fabric in 2019, GROUP undertakes EPC projects in construction sector Gap Çalık Denim brought all wide geography including İnşaat was listed for the sustainable business Middle East, Central Asia, fourth time since 2016 processes together by Africa and the Balkans for in the Top 250 list of the creating the “Passion for a better and sustainable American-based ENR Denim, Passion for Life” future with its subsidiary Magazine, which ranks the sustainability strategy, engaged in the energy world’s largest contracting and determined its sector, Çalık Enerji since its companies. sustainability targets for foundation in 1998. 2025. Carrying out activities in a wide geography, NET SALES NET SALES NET SALES Çalık Group continued to perform successful projects to achieve a better world with 4.2 1.24 1.1 important developments it has realized in 2019. TL Billion TL Billion TL Billion EQUITY EQUITY EQUITY 3.6 2.0 307 TL Billion TL Billion TL Billion ENERGY TOTAL ASSETS CONSTRUCTION TOTAL TEXTILE TOTAL ASSETS (TL BILLION) ASSETS (TL BILLION) (TL BILLION) ‘17 7.1 ‘17 7.2 ‘17 1.4 ‘18 7.3 ‘18 5.8 ‘18 1.7 ‘19 7.0 ‘19 6.5 ‘19 2.1 See page 32 for detailed information See page 62 for detailed information See page 72 for detailed information 2 ÇALIK HOLDİNG ENERGY CONSTRUCTION TEXTILE MINING TELECOMMUNICATIONS FINANCE DIGITAL CORPORATE TELECOMMUNI- MINING CATIONS FINANCE DIGITAL Alacer Gold, partner Holding its leading position Mediating approximately Çalık Digital continued its of Lidya Madencilik in the Albanian market, USD 400 million foreign cooperation for “Digital transferred its 50% share ALBtelecom always trade transactions to 70 Transformation in Industry” in Balıkesir Polimetal distinguishes itself from different countries in with the Istanbul Chamber of Project in July. Therefore its competitors, thanks to different geographies, Industry initiated in 2018 with Lidya Madencilik started its robust infrastructure, mainly in Sub-Saharan the signature of the Phase 2 to control 100% shares of a data quality and continuous Africa, Middle East and agreement in 2019. Within project for the first time. investments,. After having CIS countries, Aktif Bank the scope of this cooperation, now obtained the 4G provides foreign trade around 30 companies license, the company aims solutions to Turkish affiliated to the Chamber of for leadership in this market exporters in these Industry were provided with as well. geographies. consultancy services in the fields of Industry 4.0 and digital transformation. CAPITAL NET SALES NET SALES CAPITAL 332 406 3.6 16 TL Billion TL Million TL Billion TL Million EQUITY EQUITY EQUITY EQUITY 0.9 0.3 5.2 11 TL Billion TL Billion TL Billion TL Million MINING TOTAL ASSETS TELECOMMUNICATIONS FINANCE TOTAL ASSETS (TL BILLION) TOTAL ASSETS (TL BILLION) (TL BILLION) ‘17 0.8 ‘17 0.9 ‘17 24.9 ‘18 1.0 ‘18 1.1 ‘18 34.8 ‘19 1.4 ‘19 1.4 ‘19 44.3 See page 86 for detailed information See page 96 for detailed information See page 104 for detailed information See page 128 for detailed information 3 ÇALIK HOLDİNG ANNUAL REPORT 2019 Our Vision, Mission, Values OUR VISION OUR VALUES To grow four-fold on four continents by our 44th Fairness: At work and in our principles, we are a family anniversary in 2025, adding value to every life that is motivated by what is right and fair. we touch in all areas that we operate in, with reliable teams enlivened by our entrepreneurial People-Oriented: We devote all our energy to spirit focused on innovation. improving people’s lives. Our priority is always the development and happiness not only of our employees and customers but of all the people touched by the OUR MISSION value we generate. To contribute to an increasing prosperity Reputation: Our good reputation comes before through the generation of solutions that anything else. provide value to human life in all the regions that we operate in with our skills and drive. Work from the Heart: Irrespective of the conditions, we put our hearts into our organization, as well as our goals and the projects we undertake through which we add value to humanity. Innovation: We continuously develop and improve our solutions and business models, identifying those that will differentiate us. Agility: We have the flexibility and speed to meet every challenge. Sustainability: We value long-term, continuous success and respect the environment. 4 ÇALIK HOLDİNG ENERGY CONSTRUCTION TEXTILE MINING TELECOMMUNICATIONS FINANCE DIGITAL CORPORATE 5 ÇALIK HOLDİNG ANNUAL REPORT 2019 Message from the Chairman We achieved significant progress in the past year of 2019 owing to our ability to adapt to an ever-changing environment, coupled with our long-standing corporate values and our goal of sustainable success. Esteemed Stakeholders, materialize due to the Covid-19 sustainable growth in our business outbreak that started on the last areas, which we prioritized in 2019 was marked by a global days of 2019 and spread rapidly line with our strength in offering economic slowdown and across the globe. While there are innovative solutions and our goal of uncertainties, as well as ongoing discussions as to the creating world brands. developments in trade wars, impact of the pandemic on the volatility in financial markets, world economy, the importance of In 2020, we will experience a new interest rate cuts and the novel the joint steps to be implemented era in the shadow of the Covid-19 Coronavirus (Covid-19) outbreak by countries in the forthcoming pandemic, where continued in Wuhan, China in December.
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