Tekfen Holding AS - Company Profile
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Tekfen Holding AS (Tekfen) is an investment holding company that carries out infrastructure and industrial construction, agriculture, real estate, and other businesses. Service portfolio, liquidity position, and operating performance are the company’s major strengths, even as substantial debt remains a cause for concern. The positive outlook for the Turkish construction industry, and increasing demand for energy are likely to present new growth opportunities to the company. However, risks related to competitive bidding, increase in labor costs in Turkey, and government contract compliance could affect the company’s performance.
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