Page 7 - World Of Nurol Magazine-24

portfolio in the light of our growth strategy. Our subsidiary in Qatar, Nurol Gulf, is carrying out the
Meanwhile, Nurol Construction Co. was once again appointed projects related to the design, production and
as one of the world’s greatest 225 international construction installation of aircraft hangars, airport terminal
companies in 2013 by the international construction sectoral buildings, stadiums, sports facilities, architectural steel
ranking Engineering News Record (ENR) as it has already structures, factory premises and heavy steel structures
been for the last decade. The total contract value of the as well as turnkey industrial buildings. The total contract
ongoing projects by Nurol Construction Co. is 1.6 billion dollars, value of the ongoing projects carried out by Nurol
excluding the Gebze-İzmir Project. Qatar is approximately 140 million dollars and its
monthly production capacity has reached up to 1500
Our group continues its initiatives in the real estate sector tonnes.
with Nurol REIT. The construction of our three projects,
Nurol Tower (Çağlayan), Nurol Park (Güneşli) and Nurol LIFE Göksu PPS, which has been acquired by Nurol Energy
(Aslantepe Ayazağa), with a total value of more than 650 from the Privatization Administration for 57.5 million
million dollars is carried out by Nurol Construction Co., while dollars, has been included in our portfolio in the field of
the marketing and sales are performed by Nurol REIT. energy. Our annual electricity production has reached up
to 350 million kWh together with Oşkan and Berkman
Nurol Machinery and Industry Co. Inc. and FNSS Defence PPS.
Systems, which are our companies operating in the defence
sector, have been running projects regarding the production Ballistic Protective Vests, which are produced in the
of Armoured Combat Vehicles, Armoured Personnel facilities of Nurol Technologies Inc., have been of high
Carriers, Mobile Amphibious Assault Bridges, product range demand in export markets and are improved in terms
includes Anti-riot Water Cannon Vehicles, Armoured Booths of quality and production technology every year. It has
and Amphibious Armoured Combat Earthmovers as well as been encouraging for our Group to witness the exports
the machinery, equipment, tools and materials related to the of this company to the developed European countries
defence industry for the security units and military forces of such as Italy and Belgium apart from Saudi Arabia and
Turkey, Malaysia, Saudi Arabia, Libya and Tunisia. Gulf Countries.

Having ranked among the top 10 companies in the land The most significant factor in creating this virtious cycle
defence sector, the FNSS has concluded a new contract chart is the devotion of our distinguished Chairman
worth 360 million dollars for the modernization of the M113 and Vice Chairmen of the Board to the sustainable
armoured combat vehicle in the Middle East. With this development of our country with their 50 years of
contract, the total value of FNSS exports of armoured combat experience as well as their ambition to see the Turkish
vehicles to the Middle East have exceeded 1 billion dollars. flag waving in various countries as a representation
Total value of the ongoing projects run by our companies of this prosperity. I would like to express my wish to
in the defence sector is currently more than 500 million experience more success in Nurol Group with the help of
dollars. the synergy created by our strong family bonds, devoted
efforts as well as mutual appreciation and respect.
Nurol Steel Industry Co., which executes projects in the I wish all my colleagues health and welfare.
field of industrial undertaking, started the construction of
the South Approach Viaduct of İzmit Gulf Passage Bridge
in 2013 and continued the production and installation of
hydro-mechanical structures of the Beyhan Dam & HPP and
the Paravani HPP in Georgia. The total value of the contracts
undertaken by Nurol Steel Industry Co. is approximately 120
million dollars. Uğur DOĞAN
CEO, Board Member

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