Kalyon Group
Kalyon Group is a Turkish conglomerate, with major interests in construction.[1] It was founded by Ömer Faruk Kalyoncu.[2] In 2013, it was part of a joint venture which won the EUR 22 billion contract to construct a third international airport in Istanbul.[3] Other contracts include Istanbul's Metrobus system, the construction of a new stadium for İstanbul Büyükşehir Belediyesi S.K.,[4] Karapınar solar power plant, and the redevelopment of Taksim Gezi Park to reconstruct the Taksim Military Barracks.[5] The company was founded in 1974 by Hasan Kalyoncu and is now run by his sons. Kalyoncu was a close friend of the former President and Prime Minister Turgut Özal.[3][4] Kalyon was described in 2013 by the BBC as "a company which has close ties with the governing Justice and Development (AK) Party".[5] In 2022, the International Holding Company from the UAE acquired 50% of Kalyon.[6] References
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