OTHER ACTIVITIES

Founding Date of the First Group Company
1963 Tekfen Industry & Trade Co., Inc.

Number of Employees
427

Papfen

Tekfen established Papfen, a plant producing high-quality cotton yarn with various characteristics, with the Uzbekistan Ministry of Light Industry in 1997. In 2010, Tekfen became Papfen's sole owner.

The Papfen plant has an annual production capacity of 4000 tons and it is exemplary in Uzbekistan for its modern facilities, technology and operating standards. It is certified under the ISO 9001 Quality Management System. The plant's yarn is sold in Uzbekistan and exported to Turkey, Belarus and Russia.

In line with Tekfen Group's strategy of focusing on its main business areas, negotiations with potential buyers are ongoing.

Tekfen Industry and Trade

Tekfen Industry and Trade Co. Inc. was founded in 1963 with Turkish capital to manufacture lightbulbs, becoming Turkey's first and only domestic lightbulb producer. The company, which also made insecticides, has operated for 51 years. Increasing competition in the sector, declining rates of profit and increasingly delayed payment terms led Tekfen Industry ceasing active commercial activity at the end of 2015.

To maintain the brands "Tekfen" in the lighting sector and "Fentox" in the insecticide sector, trademark use rights were ceded to a distributor. Tekfen Industry remains in name only, functioning as a collector of revenues derived from licensing the trademarks.

Tekfen Insurance Brokerage

Tekfen started its insurance brokerage operations in 1982 representing La Suisse Public Insurance and, in 1989, changed its name to Tekfen Insurance and Brokerage. Today, the company brokers 22 leading international and domestic insurance companies and provides comprehensive insurance coverage to Tekfen Group companies and Tekfen employees.

Tekfen Insurance's corporate insurance expertise delivers the most comprehensive insurance coverage possible at the best premiums and terms of payment to Group companies operating in Turkey and abroad. The company also meets the personal insurance needs of Tekfen employees with the same meticulousness. Tekfen Insurance provides consultancy, damage services and after-sales support in personal and corporate insurance.

Antalya Studios

Antalya Studios was established in 1997 and became operational in 1998 to serve domestic and foreign film producers. With an area of 186,000 sqm and the beautiful scenery of the Toros Mountains in the backdrop allowing for outside shooting as well, it is one of Europe's largest film sets.

The studio is equipped with 3 halls, two of which can be merged into one 3,000 m2 soundproof studio and a number of workshops suitable for the various needs of the production crews.

Antalya Studios hosted the shooting of many important scenes of the feature film "Ertuğrul," a Turkish-Japanese production commemorating the 125th anniversary of the tragic sinking of the Ertuğrul frigate during a visit to Japan. Under Tekfen's strategy of concentrating on its key business areas, efforts to sell or secure the Studio's long-term lease to an investor continued.