Description
Eren Holding is a conglomerate headquartered in Istanbul, Turkey. It has business interests in paper, packaging, cement, energy, retail and textiles. The holding company was established in 1997, although the history of the group dates back to 1969.
Eren Holding's chairman is Ahmet Eren. The group employs 14,000 people. In 2022 Eren Enerji generated 5% of the country's electricity, second to EÜAŞ at 15%.: fig 1.10 Due to its coal-fired power stations subsidiary Eren Enerji is one of the largest private sector greenhouse gas emitters in Turkey.
History
Eren was established by four brothers from Bitlis. In 1969, Er-os Çamaşırları A.Ş., an underwear manufacturer and trademark, was established. In 1998, Eren Holding entered the energy sector with Modern Enerji Elektrik Üretim Otoprodüktör Grubu A.Ş. In 2003, the Rixos Hotel was opened in Bodrum, marking the company's entry into the tourism industry. In 2007, Eren Enerji started construction of a 1360 MW coal-fired power plant in Zonguldak, which was completed in 2010. In 2012, Eren Perakende created the multi-brand shoe concept SuperStep stores and multi-brand kids store chain SuperKids. In 2014, a 6 MW biomass power plant started operating. In 2015, Modern Enerji established the first solid waste incineration facility in Turkey. Also in 2015, Modern Karton completed construction of a new paper factory.
In the late 2010s, Eren Holding’s power plants generated 7.5% of Turkey’s electricity. In 2019, Eren Enerji Elektrik Üretim A.Ş received a silver award in the industry and energy category of the Green World Awards. That was criticized by environmental organizations as greenwashing.
