Aksoy Family engaged in oil business through Mobil Oil dealership.
Erdal Aksoy entered shipping business and evolved into one of the largest shipping organizations in Turkey with a diversified fleet of 14 tanks in 10 years.
Aksoy Holding Inc.
Aksoy Holding Inc. was established.
Erdal Aksoy and Partners founded Tabaş Petroleum an oil products distribution company.
International Oil Trading
Aksoy Holding - Enka Holding equally partnered starting international oil trading through wholly owned subsidiary ENAK.
Erdal Aksoy and Partners established the investment company (Yeditepe Beynelmilel) of Conrad Istanbul Bosphorus which started operations in 1992 overlooking the Bosphorus as the largest hotel in Turkey with 670 keys.
Selling 28% of Tabas Petrol
Erdal Aksoy and Partners sold 28% of Tabaş Petroleum to Conoco Inc. Of USA for a consideration of $25 million
Tabaş Petroleum acquired Turcas Petroleum for a consideration of $180 million and the two companies merged in 1999 as Turcas Petrol (BIST:TRCAS).
Aksoy Holding became the majority shareholder of Turcas Petrol by acquiring the shares owned by ConocoPhilips and Erdal Aksoy.
Shell & Turcas Petrol
Turcas and Shell Turkey merged their fuel retail and lubricants business in Turkey creating Shell & Turcas Petrol (2013 revenues: $7.3 billion) which started operations in July 2006 with nearly 1.300 fuel stations nationwide and a major lubricants plant in Derince, Turkey.
Turcas and SOCAR
Turcas and SOCAR acquired 51% of Petkim Petrochemicals from the Turkish Government for a consideration of $2.04 billion, Turcas later, in December 2011 sold its shares in the JV to SOCAR.
Aksoy Holding in Iraq
Aksoy Holding inaugurated lubricants and complimentary products distribution in Iraq, creating a network of nearly 40 wholesalers, 12 warehouses with more than 12.000 m² covered facilities and 500+ hot sales points nationwide.
Turcas & RWE
Turcas & RWE invested €600 million in a Combined Cycle Power Plant in Denizli, Turkey which started operations in 2013 as one of Turkey’s largest and most efficient power plants.
Aksoy Bodrum REIC
Aksoy Holding acquired 12.5 hectares of premium land with a unique setting on a private peninsula in Bodrum, Turkey to develop an elite residential project, comprising private villas, a boutique hotel and a marina.
Full Ownership of Conrad Istanbul
Aksoy Holding acquired the shares owned by Hilton Group and Turkish Government in Conrad Istanbul and assumed full ownership of the hotel.
Aksoy Holding's New HQ
Aksoy Holding acquired 17.000 m² A Class flat office building in Maslak, Istanbul and relocated business units here as its new HQ.
Aksoy Holding acquired 100% of TAIB, a Turkish investment bank.
Aksoy Middle East Company
Aksoy Holding established Aksoy Middle East Company for Shell Lubricants Macro Distributorship in Iraq.
2 New Gas Stations
2 new gas stations in Eskisehir were acquired.
Conrad İstanbul Bosphorus
Conrad Istanbul Bosphorus acquired the remaining 12% site ownership from SGK becoming the sale landlord.
Macro Distributor of Gazpromneft Lubricants in Syria
Aksoy Iraq Company became the Macro Distributor of Gazpromneft Lubricants in Syria.
80% of TAIB Investment Bank shares were sold to Pasha Bank of Azerbaijan and the bank was retitled as Pasha Bank (Turkey).
Marmara Storage Services
Shell & Turcas Petrol acquired Petrol Ofisi’s 45% share at the Marmara Storage Services.
4 Successful Production Wells Achieved
4 exploratory drillings were accomplished in Kuyucak, Aydın.
Epique Island project launched in August.
Geothermal Power Plant
8 successful geothermal drillings in Kuyucak, Aydın are completed and the final investment decision of the geothermal power plant was made.
Renovation of Conrad Istanbul Bosphorus
Conrad Istanbul Bosphorus $70 million major renovation is completed.
€90 Million Financing
Aksoy Holding closed a €90 million financing with Akbank for the Epique Island project.
ATAŞ Oil Terminal
Shell & Turcas Petrol acquired Shell’s 27% shares in ATAŞ Oil Terminal.
Acceptance by the Ministry of Energy and Natural Resources
Turcas Kuyucak Geothermal Power Plant is officially accepted by the Ministry of Energy and Natural Resources.
Turcas Corporate Governance Rating Score
Turcas Corporate Governance Rating Score increased to 9.57 out of 10 and Turcas kept its #1 position among the oil and energy companies.
Commercial Operations Started within YEKDEM
Turcas Kuyucak Geothermal Power Plant commercial operations started within YEKDEM feed-in-tariff.
Macro Distributors for Rosneft and Hyundai Lubricants
Aksoy International and Aksoy Middle East became the macro distributors for Rosneft and Hyundai lubricants in the region.