OYAK General Manager Murat Yalçıntaş stated that the strong financial performance, strategic investments, and sustainable growth targets achieved by OYAK over the past year serve as concrete indicators that the organization is advancing resolutely toward its "2030 Vision. "Murat Yalçıntaş, General Manager of the Armed Forces Assistance Fund (OYAK), met with business journalists.

At the press gathering held in Istanbul, Yalçıntaş shared insights regarding OYAK’s operations, financial performance, and future strategies.

Noting that OYAK continues to grow through a long-term investment approach even amidst a global economic climate marked by uncertainty, trade tensions, and geopolitical risks Yalçıntaş said, "We view this period not merely as a time of heightened risk, but as a significant transformation process an opportunity to grow through the right investments, strengthen our portfolio's resilience, and acquire new capabilities in the opportunity areas of the future."

OYAK operates with 189 companies across 30 countries, including Türkiye

Highlighting OYAK’s diverse operational scope spanning sectors such as mining and metallurgy, cement, automotive, logistics, energy, chemicals, agriculture, financial services, and food Yalçıntaş stated that the organization operates with 189 companies across 30 countries, including Turkey. Emphasizing the importance of investments in production, technology, efficiency, and human capital not just financial growth Yalçıntaş stated that a balanced portfolio structure and a long-term investment approach formed the foundation of this success.

Erdemir increased production and profitability

Touching upon activities in the mining and metallurgy sector, Yalçıntaş stated that liquid steel production reached 4,668,000 tons in the first half of 2026, while total finished product output rose by 19 percent and sales volume increased by 15 percent.

Regarding the automotive sector, Yalçıntaş noted that Renault maintained its leadership in the passenger and light commercial vehicle market, announcing that MAİS achieved a 13.9 percent market share by selling 100,256 vehicles in the first eight months of the year.

Energy investments continue

Stating that they had acquired full ownership of both İSKEN and Arkad Deniz Taşımacılığı following the purchase of the remaining shares in the energy sector, Yalçıntaş noted that İSKEN accounted for approximately 1.7 percent of Turkey’s total electricity generation during the first eight months of the year.

Yalçıntaş reported that the number of TotalEnergies and Milangaz stations had reached 1,055, adding that Güzel Enerji’s consolidated revenue for the first half of the year stood at 112.3 billion TL.

“The Tekfen investment will create strategic value beyond mere scale”

Noting that the investment in Tekfen Holding is one of OYAK’s most significant strategic moves for 2026, Yalçıntaş recalled that a 42.8% stake in Tekfen Holding had been transferred to ON Investment B.V., a company majority-owned by OYAK.

Emphasizing that this investment represents more than just a growth step adding new fields of activity to the portfolio, Yalçıntaş made the following remarks:

“The Tekfen Holding investment is a strategic move that complements our existing industrial ecosystem, equips OYAK with new capabilities, and supports the portfolio transformation we are pursuing in line with our 2030 Vision. With the Tekfen investment, we are strengthening this vision and bolstering our sustainable growth with new capabilities. The Tekfen investment will create strategic value beyond mere scale. Tekfen’s international experience in engineering, procurement, and construction will provide significant contributions in areas where we aim to grow in the future.”

Regarding the agricultural industry, Yalçıntaş stated that Tekfen’s operations in fertilizers, crop protection, seeds, and agricultural production would generate significant synergies with OYAK companies, adding that they aim to establish a more integrated structure spanning everything from production to distribution and logistics.

“Our focus is our members; our compass is creating sustainable value”

Stating that OYAK’s success cannot be measured solely by financial indicators, Yalçıntaş emphasized that the institution’s primary priority while fulfilling its responsibilities toward its members is to contribute to Turkey’s production, employment, exports, and economic development.

Noting that OYAK will continue to grow in line with its Vision 2030 strategies, Yalçıntaş said, “We will move forward without compromising our financial discipline, selective investment approach, or goal of creating long-term value. Our focus will always be our members, and our compass will be the creation of sustainable, long-term value.”