Demirören Group
Turkish conglomerate company From Wikipedia, the free encyclopedia
Turkish conglomerate company From Wikipedia, the free encyclopedia
Demirören Group is a Turkish conglomerate company.[1] Its properties include Milangaz (a liquefied petroleum gas distributor with 9% share of the Turkish market), the Demirören İstiklal shopping mall in Taksim Square, as well as several newspapers, television and radio stations, and also a subscription-based streaming service called D-Smart Go.[2] Demirören also handles the licensing and distribution of Turkish Warner Bros. Discovery channels: Cartoon Network and CNN Türk. All shares of the Demirören Group are owned by the Demirören family, who have close ties to President Recep Tayyip Erdoğan and are also active in the energy, mining, and construction sectors.[3]
 | |
| Company type | Holding |
|---|---|
| Industry | Energy, industry, real estate, construction, media, education |
| Founded | 1956 in Istanbul, Turkey |
| Founder | Erdoğan Demirören |
Key people | Yıldırım Demirören, Tayfun Demirören, Meltem Demirören |
| Revenue | US$3 billion (2012) |
| Website | www |
Demirören acquired the newspapers Milliyet and Vatan in May 2011.[4] In 2018, the holding bought the newspaper Hürriyet, Posta and the TV channels Kanal D, CNN Türk, and D-Smart and all other media properties of Doğan Media Group, with the ехception of Kanal D Romania and Slow Türk.[5][6][7][8]
Following the death of Erdoğan Demirören, President Erdoğan visited the family to extend his condolences.[9] The family is generally seen as being supportive of President Erdoğan and the Justice and Development Party.[3]
In February 2021, the company took over Azerbaijan's lottery company ''Azerlotereya''.[10]
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