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Automotive

This sector has been one of the core businesses of Haco Group from the very beginning for more than 30 years.

AUTOMOTIVE IN TURKEY

The Automotive industry is a major and vastly developing industry in Turkey with 21m vehicles on the roads. With six major world renowned brands manufacturing in Turkey, exporting one million vehicles per year, this is a market where over 40 brands are active as distributors.

SUZUKI
DISTRIBUTION
TURKEY

With 1.5m car sales per year, Suzuki Motor Corporation is a Japanese corporation, which specializes in the manufacturing of automobiles, 4x4 vehicles, motorcycles and outboard marine engines.

The Haco Group started the exclusive distribution of Suzuki products in 1984. After having distributed Suzuki passenger cars, commercial vehicles, motorcycles and marine engines for over 30 years, in 2015, this business line was successfully divested to a new distributor.

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Energy

Haco has been actively following the Turkish energy market and offers its consultancy services to major conglomerates.

ENERGY IN TURKEY

The liberalization of the Energy market in Turkey has induced a high rate of investment in the generation and distribution of power. With renewables becoming the major driver of the industry with a strong commitment from the government, some of the major solar and wind projects in the world will be implemented in Turkey in the near future.

KARAPINAR SOLAR
YEKA PROJECT

With its combined business model of financing, R&D, the construction of an ingot to module local manufacturing facility and construction and operation of the 1 GW power plant, the Karapınar project will be a major contributor to Turkey’s renewable energy market.

Haco has been providing consultancy services to Hanwha Q Cells of South Korea, the technology provider, throughout the very early stages of project development and continues to do so during the project implementation.

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Infrastructure

One of our focus sectors, in which we have been involved with most major projects in Turkey over the past decade.

INFRASTRUCTURE IN TURKEY

The fast pace of social and economical development throughout the last decade has transformed the infrastructure and investment landscape to become one that is drawing international attention.

Haco is proud to have contributed strongly to many of Turkey’s milestone projects under BOT and conventional models.

YAVUZ SULTAN
SELIM BRIDGE

The third Bosporus crossing is a unique project in many technical aspects such as being the longest and widest hybrid suspension and rigid cable stay bridge in the world. Haco has been the consultant of the joint venture formed by Hyundai Construction and SK E&C.

AVRASYA TUNNEL

Connecting two continents with the widest and deepest tunnel with TBM technology, this project has won numerous international construction, technology and financing awards. Haco played a major role in this project by providing consultancy services to the investor for the financing, implementation and operation.

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Investments

Based on 30 years of project development and consultancy activities, the Haco Group is now actively pursuing investment opportunities in Turkey and abroad.

INVESTMENTS IN TURKEY

The total investments for the procurement of rolling stock in the next 5 years will be around USD 5bn. This investment and continuous growth, has and continues to draw considerable amounts of foreign direct investment.

Given Haco’s insights into the growing railway sector, investments in the manufacturing of complete vehicles and equipment has become a major strategic initiative and way forward for our Group.

EUROTEM

Founded in 2006, Eurotem is a joint stock company aimed at manufacturing rolling stock for the Turkish and exports markets. It is a participation of Turkish State Railways and Hyundai Rotem with the support and contribution of Haco.

FRENSAN

Together with Haco, Yujin machinery of Korea, the largest manufacturer of railway brake systems in Korea, is investing in a manufacturing plant that will serve the domestic market and also pursue export opportunities for Europe and the Middle East.

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Railways

Haco was instrumental in developing and implementing the first turnkey mass-transit project in Turkey, the Istanbul light rail transit system in the early 80s and has since then participated in many major mainline and mass transit projects.

RAILWAYS IN TURKEY

In the last 15 years the mainline and mass-transit capacity has increased substantially with the introduction of high-speed rail links between major cities, such as Istanbul, Ankara, Eskişehir and Konya. Until 2023, the length of the whole railway lines will be more than doubled and 90% of all tracks will be electrified.

MARMARAY

The 440 electrical multiple units supplied by Hyundai Rotem and its Turkish subsidiary Eurotem, of which Haco is a shareholder, will be operating on the Marmaray line connecting the European and Asian parts of Istanbul on a 74km modern railway track including the Bosporus tube crossing.

IZBAN

120 electrical multiple unit type commuter vehicles supplied by Hyundai Rotem and its Turkish subsidiary Eurotem, to the Izban operator company, which is a joint stock company between the Turkish State Railways and the Izmir municipality.

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Real Estate

Haco is also active as a developer and investor in residential construction.

CONSTRUCTION IN TURKEY

As a developing country, residential construction is one of the fastest growing markets congruent to the urbanization and influx to major cities. One of the major driving forces of this development is the massive effort into the country’s urban renovation project strongly supported by the government for better living standards and safety.

ULUS PROJECT

A pioneer project in land development of central Istanbul, it is comprised of 290 flats with connection roads, recreational areas and security services.

Railways

Infrastructure

Energy

Real Estate

Automotive

Investments

HACO GROUP

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