Cengiz Holding Increases Its Environmentally Friendly and Technology-Focused Investments
Cengiz Holding is etching a notable presence with its innovative and sustainable production methods. Ahmet Cengiz, president of the Energy Group, has announced a significant boost in investments geared towards cutting-edge technology and research. The spotlight will firmly be on renewable energy initiatives by 2025, with a growing dedication to green energy solutions spanning industries such as energy, industry, and construction.
Expanding Global Presence
Ahmet Cengiz shared their global expansion plans, starting with the completion of a natural gas combined cycle plant in Uzbekistan. The company's influence reaches countries like Bosnia and Herzegovina, Croatia, and Romania, engaging in substantial infrastructure projects. The contribution of Cengiz Construction is vital as it takes an active part in these infrastructure endeavors.
Commitment to Sustainability and Zero Waste
Cengiz Holding is implementing zero waste management in all its facilities, striving to lower water and carbon footprints below the European average significantly. Achieving net zero carbon by 2053 remains a core goal, prioritizing eco-friendly production processes. Moreover, they are dedicated to social responsibility projects that foster societal growth, with sustainability as a fundamental value.
Future Developments
Mining Successes
Cengiz Holding has achieved its mining objectives, demonstrating success despite metal market volatility. In the energy sector, a preliminary license for storage investments has been obtained, paving the way for new project initiation.
Electricity Market Strategies
Amidst declining electricity prices, Cengiz is crafting strategies to adapt to these changes, ensuring resilience and ongoing success in a dynamic market environment.
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https://muvezzi.com/en/cengiz-holding-increases-its-environmentally-friendly-and-technology-focused-investments-8923
