About past, present and future of Ukraine

Search mobile

Main Business Turkish Rönesans Holding has ceased its operations in the Russian Federation

Business

Turkish Rönesans Holding has ceased its operations in the Russian Federation

1034
Turkish Rönesans Holding has ceased its operations in the Russian Federation

Share this article

The Turkish company Rönesans Holding has ceased its operations in the Russian Federation.

This information is reported by the company's website.

It is noted that the company has exited the Russian market and is focusing on an ambitious growth strategy worldwide.

Rönesans Holding is a Turkish contracting and investment company involved in construction, real estate development, energy, industrial facilities, and healthcare. The holding operates in Turkey, CIS countries, Europe, the Middle East, and North Africa.

The company's headquarters is located in Ankara, and the owner of the company is Erman Ilıcak.

Rönesans Holding constructs shopping centers, offices, hotels, residential buildings, composite structures, heavy industrial plants, infrastructure facilities, light metal construction factories, factories, government buildings, and energy facilities as the main contractor or investor.

The group has set a target turnover of 4.5 billion euros for the year 2024, expecting significant revenue growth from construction due to international and local investment projects, including hospitals and wind power plants.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...