BUILDING HIGHWAYS IN THE AIR TO LINK THE NATIONS...

The primary driving force behind TAV Construction is the TAV Group of companies, founded in 1997 by a consortium led by two leading Turkish construction enterprises, namely Tepe Construction (Tepe İnşaat Sanayi A.S.) and Akfen Construction (Akfen İnşaat Turizm ve Ticaret A.S.), both of whom remain the majority shareholders in the Group. Tepe Construction is a subsidiary of the Tepe Group, which is active in such sectors as the establishment and management of shopping, sports and entertainment centers, as well as defense industry and security systems and energy production. On the other hand, Akfen Construction is a holding company of the Akfen Group, with interests in a wide range of sectors, such as construction, tourism, trade, insurance, natural gas distribution, industrial plants, catering services and airport operations services.

The catalyst for the establishment of the TAV Group was the awarding of the BOT (Build, Operate and Transfer) contract for the new Istanbul Atatürk Airport International Terminal Complex in 1997. Applying its vast know-how and experience in the construction industry, the state-of-the-art airport development was completed in only 22 months, eight months ahead of the 30 months scheduled by the employer. In January of 2000 the TAV Group began to operate the new Istanbul Atatürk Airport facilities and in just eight short years has become one of the largest industrial holding groups in Turkey, making the TAV brand synonymous with success, efficiency and profitability.