Oyak Renault Otomobil Fabrikaları or Oyak-Renault is a Turkish automotive manufacturer located in Bursa . It is co-owned by OYAK (Turkish: Ordu Yardımlaşma Kurumu, English: Army Pension Fund) and Renault . Oyak owns 49% and Renault owns 51% of the company.
6-529: Oyak-Renault was established in 1969 by Renault, Oyak and Yapi Kredi Bank , starting production two years later. The company originally manufactured various Renault models for the local and international market. Currently, some models are exported to up to 100 countries worldwide. In 2018, the company produced 336,888 automobiles and 602,421 engines. In the same year, it was announced that it exported approximately 80% of its automobile production. With an annual production capacity of 286,000 up to 360,000 units, it
12-465: Is one of the first nationwide commercial banks in Turkey, and is the fourth largest publicly owned bank in Turkey by its asset size. It was established in 1944 by Kazım Taşkent . Assets of the bank include credit cards, assets under management , non-cash loans, leasing, factoring, private pension funds and non-life insurance. The combined financial services network of the bank consists of 835 branches across
18-459: Is the largest Renault factory outside Western Europe. The official car dealer network of Renault in Turkey is another joint venture known as MAİS A.Ş. In addition to the automotive assembly, the plant operates its own gearbox and engine manufacturing. Currently, they are manufacturing 450 different engines, 450,000 units a year. In the three-shift operation, more than 5,900 workers are employed. Yap%C4%B1 ve Kredi Bankas%C4%B1 Yapı Kredi
24-572: The companies provide coverage to approximately 700,000 insureds. Yapı Kredi was acquired by Mehmet Emin Karamehmet 's Çukurova Holding in 1984, and Hüsnü Özyeğin was its general manager until 1987. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapı Kredi within two years. In 2005, the majority of shares in Yapı Kredi were acquired by
30-447: The country with over 13 million customers. The bank offers vehicle loans, consumer loans, housing loans and commercial loan support. Yapı Kredi Emeklilik A.Ş is one of the largest pension and life insurance providers in Turkey and has been a major force in the growth and development of pension schemes and group insurance in the country. Its sister company, Yapı Kredi Sigorta A.Ş., is the second-largest health insurer in Turkey. Together,
36-467: The owners of Koçbank . Koç Finansal Hizmetler (KFH; Koç Financial Services, KFS), was an equal partnership between Koç Holding and Italian banking giant UniCredit . In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapı Kredi owned by KFS. In November 2019 Unicredit exited the joint venture KFS which controls the bank and acquired a smaller stake in the company. In 2024 it expanded to Germany. This Turkish corporation or company article
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