Power distributors split peacefully, says Limak

Vahap Munyar – ANKARA

Three Turkish companies that have cooperated on several large projects in the last decade have peacefully parted ways in the power distribution business, Limak Holding Chairman Nihat Özdemir told daily Hürriyet on the sidelines of Oct. 29 Republic Day celebrations at the Presidential Palace in Ankara.

Commenting over the partition of the four power distribution business grid, which had been run by the partnership of Cengiz-Kolin-Limak, Özdemir said the separation was necessary but that there were no problems. 

“There are no problems. We parted well. This partition was needed,” said Özdemir. 

He said Limak Holding took one of the power distribution power grids that contains the provinces of Bursa, Balıkesir, Çanakkale and Yalova, while Cengiz-Kolin took the three other grids. 

The three grids are Boğaziçi, covering Istanbul’s European side; Akdeniz, covering Antalya, Isparta and Burdur, and Çamlıbel, covering Sivas, Yozgat and Tokat. 

Stating that a draw had determined which company would take which power distribution power grid, Özdemir said no significant payment was made during the separation and that an approximate balance was reached.
 
Rifat Hisarcıklıoğlu, İbrahim Çağlar, Erdal Bahçıvan, Cansen Başaran Symes, Serpil Timuray, Nail Olpak, Aydın Doğan, Sema Doğan, Arzuhan Doğan Yalçındağ, Vuslat Doğan Sabancı, Ali Sabancı, Vahap Küçük, Ömer Faruk Çelik, Remzi Gür, Ahmet Akbalık, Aziz Torun, Mustafa Süzer, Mehmet Çeker, Abdülkadir Konukoğlu, Ahmet Erdem, Mustafa Çıkrıkçıoğlu, Namık Ekinci, Nafi Güral, Erkan Güral, İsmet Güral, Erden Timur, Ziya Yılmaz, Altan Elmas, Erdoğan Demirören, Yıldırım Demirören, Turgay Ciner, Ahmet Çalık, İbrahim Çeçen, Ahmet Eren, Fettah Tamince, İbrahim Dumankaya, Ali Dumankaya, Adnan Çebi, Abdullah Kavukçu, Ethem Sancak, Nurettin Eroğlu, Zeynel Abidin Erdem, Mesut Toprak, Fuat Tosyalı, Hamdi Akın,  Aziz Yeniay, Hasan Rahvalı and Nurettin Özdebir were among the businesspeople who attended the Oct. 29 Republic Day reception at the Presidential Palace in Ankara.