Business
Koç : KOÇ HOLDING CONTINUED ITS INVESTMENTS IN THE FIRST QUARTER OF 2025 WITH THE AIM OF CREATING LONG-TERM VALUE
Koç : KOÇ HOLDING CONTINUED ITS INVESTMENTS IN THE FIRST QUARTER OF 2025 WITH THE AIM OF CREATING LONG-TERM
About this update from Koc Holding A.s.
[{"type":"text","content":"\n 30 April 2025\n \n \n \n KOÇ HOLDING CONTINUED ITS INVESTMENTS IN THE FIRST QUARTER OF 2025\n \n \n WITH THE AIM OF CREATING LONG-TERM VALUE\n \n \n Koç Holding posted a total of 14,3 billion US Dollars in consolidated revenue in the first quarter of 2025. Making combined investments of approximately 801 million US Dollars in the same period, Koç Holding reached combined investments of a total of 14,5 billion US Dollars over the last 5 years.\n \n \n Koç Holding CEO Levent Çakıroğlu said: \"With the power we derive from our deep-rooted past and the trust we have in the future of our country, we continue to move forward in line with our goal to create long-term value.\"\n \n \n Koç Holding posted a total of 14,3 billion US Dollars in consolidated revenue in the first quarter of 2025 and made combined investments of approximately 801 million US Dollars. Hence, the company reached combined investments of a total of 14,5 billion US Dollars over the last 5 years.\n \n \n \n Commenting on the financial results of the first quarter of 2025, Koç Holding CEO Levent Çakıroğlu stated, \"With the power we derive from our deep-rooted past and the trust we have in the future of our country, we continue to move forward in line with our goal to create long-term value. In spite of uncertainties and challenges that reigned in the world in the first quarter of the year, we have realised strategic investments aiming at contributing to our country's economy. Thanks to our balanced portfolio structure, strong liquidity, extensive supply chain and the devoted efforts of our colleagues, we have continued to preserve our strong financial structure in the first quarter of this year as well.\"\n \n \n Levent Çakıroğlu: \"Tofaş' acquisition of Stellantis Turkey's shares has been authorised by\n \n \n the Turkish Competition Authority\"\n \n \n \n Indicating that the Group made important investments that will contribute to the rise of Turkey's competitiveness in the automotive sector, Çakıroğlu mentioned, \"We have been informed that Tofaş' acquisition of Stellantis Turkey's shares has been approved by the Turkish Competition Authority. With the finalisation of the transaction, Tofaş will also become the official distributor of Citroën, DS Automobiles, Opel and Peugeot brands in Turkey, in addition to Alfa Romeo, FIAT, Jeep® and Maserati that it already ...