SABANCI EYES ENERGY, CLIMATE, AND DIGITAL TECHNOLOGIES

Operating in various industries such as manufacturing, banking, financial services, energy, and building materials, Sabanci Holding will now concentrate on projects in energy and climate technologies, material technologies, and digital technologies, according to Cenk Alper, CEO of Sabanci Holding. The holding company raised combined sales by 46% to TRY 152bn in 2021 year-onyear, while its consolidated annual net profit reached TRY 12bn last year. Sabanci Holding aims to be among the playmakers of the ‘new normal’ that started during the pandemic. “We’ve invested around USD 5bn in our operations over the past five years. Now, we’ll nearly double this figure. 25% of our non-banking investments will be made in our existing business lines and the remainder will be made in energy and climate technologies, material technologies, and digital technologies, which we call the ‘new economy’,” said Alper.