Sabanci Holding | Sabancı Group

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	LETTER FROM THE CHAIRMAN AND THE CHIEF EXECUTIVE OFFICER



	THE SABANCI GROUP IN BRIEF



	MILESTONES



	BOARD OF DIRECTORS, SBU PRESIDENTS AND CORPORATE MANAGEMENT



	VISION AND MISSION STATEMENT



	MANAGEMENT APPROACH



	MANAGEMENT PLATFORMS



	CODE OF BUSINESS ETHICS



	RISK MANAGEMENT



	PRINCIPAL SUBSIDIARIES AND PARTICIPATION STAKES



	CORPORATE SOCIAL RESPONSIBILITY



	SABANCI CENTER



	UNFORGETTABLES

Sabancı Group | Milestones

Milestones

2007

- YUNSA took over UPTOWN.

- VERBUND acquired 49,99% stake in ENERJISA.

- Sakip Sabanci's name was given to the meeting room in the Ministry of Education.

- TEKNOSA bought the majority shares of Primex Company which owns 48 stores named "Cosmo" in Romania and opened its first store in Bucharest.

- The "Evocations, Passages, Atmospheres. Paintings from the SAKIP SABANCI MUSEUM, Istanbul" exhibition sponsored by SABANCI HOLDING opened at the Gulbenkian Museum in Lisbon.

- The short name of Haci Omer Sabanci Foundation has been changed from ‘VAKSA’ to ‘SABANCI VAKFI’.

- OLMUKSA opened a factory in Bursa.

- The merger in Turkish Life and Pension Sector between Ak Emeklilik and Aviva was completed and the new company was named AVIVASA.

- SABANCI HOLDING Chairperson and Managing Director Guler Sabanci was awarded with the “Belgium Decoration of Honor”.

- “Lines in Gold: Ottoman Calligraphy Art from the Sakip Sabanci Museum” exhibition sponsored by SABANCI HOLDING opened in Madrid at Real Academia de Bellas Artes de Fernando (RABASF).

- SABANCI HOLDING, has been entitled to receive the ISO 27001 certificate, and become the first and only Holding Company in Turkey certified accordingly.

2001-2006

2001

- DUSA INTERNATIONAL LLC (DUPONT-SABANCI partnership) was founded.
- SABANCI became the only shareholder in SAKOSA by purchasing a 50% share from KOSA
- OLMUKSA MUKAVVA merged with OLMUKSA.
- ADANA HILTONSA was opened.
- SABANCI purchased the 40% of DIA Turkey, and DIASA- Deep Discount Stores were established.
- AK INTERNET - Internet Service Provider was founded. (merged into SABANCI TELEKOM with TURK.NET in 2003)
- EXSA ITALIA SRL was liquidated.

2002

- SAKIP SABANCI MUSEUM opened.
- GIDASA - Food Production and Marketing Company was founded.
- HEFTI got sold.
- GIYSA go sold.
- KRAFTSA shares were sold to the partner.
- AKHAYAT was reformed under the name AKEMEKLILIK.

2003

- SABANCI TELEKOMUNIKASYON HIZMETLERI A.S. was founded and TURK.NET and AK INTERNET companies merged into this company.
- DANONESA shares were sold to the partner.
- AKKARDANSA was sold.
- AKNET merged into AKBANK
- OYSA ISKENDERUN and OYSA NIGDE merged under the name OYSA CIMENTO
- EXSA DEUTSCHLAND GMBH merged into YUNSA.

2004

- Sakip Sabanci passed away.
- PILSA - PVC Profiles and Frames production facilities operating under the name WINSA was sold.
- INSA was liquidated.
- The company name of HOLSA changed to EXSA AMERICAS.
- I-BIMSA shares were bought from IBM and the company's name changed to BIMSA
- EXSA FOODS LTD. - Food Marketing, Sales and Distribution Company was founded in England.
- SABANCI became the only shareholder of DUPONTSA by purchasing the 50% share from DUPONT (was renamed ADVANSA after 2005)

2005

- The SA 15+ (Sabancı in the year 2015 and later on) Project was started.
- Sabancı Holding acquired DuPont’s 50 % share in DuPont Sabancı International LLC, known as DuSA, thus increasing its share in the company to 100 %. DuPontSA was renamed as ADVANSA.
- BNP-Ak-Dresdner Bank was renamed as Ak Uluslararası Bankası; BNP-Ak-Finansal Kiralama was renamed as Ak Finansal Kiralama.
- Sabancı Holding acquired the shares of COBAFI, leading producer of DSP/HMLS polyester industrial yarns and cords.
- CarrefourSA, acquired Gima and Endi.
- Ahmet Dördüncü was appointed as the CEO for Sabancı Holding.
- Supplementary plants for Brisa and Beksa were inaugurated with the participation of Prime Minister Mr. Erdoğan.
- “Sakıp Sabancı Commemorative Stamps” were printed and issued by the General directorate of PTT.
- Akcansa and Cimsa, both of which are Sabanci Holding Cement Group Companies, acquired Ladik Cimento and Eskisehir (Standard) Cimento respectively at the Cement Plants tender organized by the Saving Deposits Insurance Fund (TMSF). The sales will be officially completed at the end of the legal process following the examination to be conducted by the Competition Authority.
- The comprehensive “Picasso is in Istanbul” Exhibition sponsored by Sabanci Holding, including the works of Pablo Picasso which were never exhibited until now, met art lovers in the Sakip Sabanci Museum for the first time in Turkey.

2006

- "Picasso in Istanbul" Exhibition which was sponsored by Sabanci Holding and had been visited by 300,000 guests ended.
- AKBANK and CITIBANK strategic partnership agreement was signed.
- Turkey's only global company KORDSA GLOBAL (partially owned by Sabanci Holding) bought the 99.5% of the shares of IQNE Qingdao Nylon Enterprise Limited which operates in China and belongs to Investa Group of USA.
- TEMSA signed a contract with the leading plastics company of the Middle East Lasheen Group in order to manufacture busses in Egypt.
- H.O. Sabancı Holding A.S. (Sabanci) and Österreichische Elektrizitätswirtschafts-Aktiengesellschaft (Verbund) have signed a cooperation agreement to form a jointly controlled partnership targeting the Turkish electricity market.
- KORDSA GLOBAL A.S., a world leader in its business, has bought the majority shares of PT Branta Mulia

1996-2000

1966

- Özdemir Sabancı passed away.
- CIGNASA was sold.
- ENERJISA - Energy Production Inc. was founded.
- CARREFOURSA ypermarket Chain was founded with the partnership of CARREFOUR and SABANCI
- AKÇANSA (CBR-SABANCI) - Cement Manufacturing Inc. (Heidelberg Cement became partner after acquiring CBR in 2000)

1997

- SABANCI HOLDING - Initial Public Offering
- HOECSA (HOECHST-SABANCI partnership) - Polyester Tire Cord Fabric Manufacturing Inc. was founded. (SAKOSA after 1998- after our partner Hoechst transferred its activities in industrial polyester yarn and cord fabric to Koch-Saba [KOSA], a USA-Mexico consortium, SABANCI became the only shareholder by purchasing a 50% share from KOSA in 2001)
- DANONESA (DANONE-SABANCI partnership) - Food Products Manufacturing Inc. was founded. (shares sold to the partner in 2003)
- EXSA Handels Gmbh-Frankfurt was liquidated.
- TURK PHILIPS Industry Inc. ,TURK PHILIPS Trade Inc and TURK PHILIPS - Illumination Industry and Trade Inc. - shares sold to the partner
- SABANCI UNIVERSITY - Groundbreaking
- AK SECURITIES - Brokerage Services was founded.
- KARCIMSA - Cement Manufacturing Inc. was founded.

1998

- Haci Sabanci passed away.
- DANONESA acquired TIKVESLI.
- ORALITSA was liquidated.
- BETONSA merged into AKCANSA.
- OLMUKSA established a joint venture with INTERNATIONAL PAPER CO.

1999

- GİYSA (ARCADIA CO. UK.-SABANCI) - Apparel Retailing (sold in 2002)
DANONESA acquired BIRTAT and ONCU Food Products
TURK.NET- Internet Service Provider - SABANCI acquired 70% of the Company (merged into SABANCI TELEKOM with AK INTERNET in 2003)
LİSA - Merged into TURSA
SAKOSA (KOSA-SABANCI) Polyester Tire Cord Fabric Manufacturing Inc. (Before HOECSA- after our partner Hoechst transferred its activities in industrial polyester yarn and cord fabric to Koch-Saba [KOSA], a USA-Mexico consortium, SABANCI became the only shareholder by purchasing a 50% share from KOSA in 2001)
- DUSA BRAZIL and DUSA ARGENTINA - Industrial yarn and cord fabric facilities were acquired in Brazil and Argentina in collaboration with DUPONT
- OLMUKSA MUKAVVA - Corrugated Cardboard Inc. was established through the acquisition of KAV AMBALAJ - Packaging Inc. ( which later merged into OLMUKSA in 2001)
- DUSA was merged into KORDSA
- SABANCI UNIVERSITY was opened.

2000

- DUPONTSA B.V. (DUPONT-SABANCI partnership) (SABANCI became the only shareholder by purchasing a 50% share from DUPONT in 2004 and renamed as ADVANSA in 2005)
- EXSA U.K GARFORTH - Textile Plant was transferred to DUPONTSA B.V.
- KRAFTSA (KRAFT FOODS-SABANCI partnership) - Food Products was founded. (shares sold to the partner in 2002)
- YAZAKISA shares were sold to the partner.
- TOYOTASA shares were sold to the partner.
- TOYOTASA PAZARLAMA- Passenger Cars Marketing Inc. was founded.
- CARREFOURSA acquired CONTINENT - Hypermarket Chain in Turkey
- TEKNOSA – Electronics and appliance retailing was founded.

1991-1995

1986-1990

1967-1985

1967

- HACI OMER SABANCI HOLDING was founded.
- AKÇİMENTO - Cement Inc was founded.
- INSA - Istanbul Nylon Yarn Inc. (liquidated in 2004) was founded.

1968

- TEMSA - Thermo Mechanical Equipments Inc. was founded
- PLASSA - Plastic Industry and Trading Inc. (merged into P‹LSA in 1992) was founded
- OLMUKSA- Corrugated Cardboard and Paper Inc. (established joint venture with International Paper in 1998) was founded.

1971

- PİLSA - Plastic Industry Inc. was founded
- TEKSA - Cotton and Synthetic Yarn, Velvet Weaving and Finishing Inc. (merged into BOSSA in 1993) was founded.

1972

- ÇİMSA - Cement Inc. was founded.
- EXSA - Export Inc. was founded.
- AKKARDANSA - Propeller Shafts Inc. (sold in 2003)

1973

- YÜNSA - Carpet and Worsted Products Inc. was founded.
- KORDSA - Tire Cord Fabric Inc. was founded.

1974

- HACI OMER SABANCI HOLDING - Head Office moved to Istanbul
- VAKSA - HACI OMER SABANCI FOUNDATION was established in Adana
- ATLANTIK - Insurance Inc. (CIGNA-SA Insurance Inc. after 1987, sold in 1996)
- LASSA - Tire Inc. (BRİSA Bridgestone Sabancı Tire Industry and Trade Inc. after 1988)

1975

- DOGAN- Insurance Inc. (AKHAYAT Insurance Inc. after 1995; AK EMEKLILIK private pension fund after 2003)
- LISA- Tire Export and Marketing Inc. (merged into TURSA in 1999)
- BIMSA - Electronic Data Processing Inc. (I-BIMSA- IBM Sabancı International Business Information and Management Systems after the joint venture with IBM in 1992 and BIMSA again in 2004 after the acquisition of the shares of IBM)

1976

- CIPAS - Cement Products Inc. (BETONSA after 1994 and BETONSA merged into AKCANSA in 1998)

1977

- TURK PHILIPS Industry Inc. and TURK PHILIPS Trade Inc. (shares sold to the partner in 1997)
1978 EXSA Handels Gmbh-Frankfurt (liquidated in 1997)

1980

- HOLSA INC - Trading Company- New York (EXSA AMERICAS after 2004)
- DONKASAN - Paper Supplies Industry

1981

- AK INTERNATIONAL BANK LTD. - London (SABANCI BANK after 1993)

1982

- SUSA- Liquid Bottling and Trading Inc. (merged into MARSA KJS ‹N 1993, joined DANONESA in 1997)

1984

- UNIVERSAL - Trading [Jersey] Ltd.- was founded
in London

1985

- ANKARA INTERNATIONAL HOTELS INC. was founded.
- BNP-AKBANK INC. was founded. (BNP PARIBAS-AKBANK) (BNP-AK-DRESDNER BANK Inc. after the investment of Dresdner Bank in 1988, AK INTERNATIONAL BANK after the acquisition of the shares of foreign partners by AKBANK in 2005)

1906-1966