Renaissance Holding

Rönesans Holding A.Ş. is a multinational construction and investment company founded in 1993 by Dr. Erman Ilıcak in St. Petersburg, Russia, with its headquarters located in Ankara. The holding operates in sectors including construction, real estate development, energy, healthcare, and industrial facilities.

Rönesans Holding (Renaissance)

History

1993: Establishment of Rönesans İnşaat.

2001: Entry into the real estate development sector.

2004: Inauguration of Ankara Optimum Shopping Center, Rönesans’ first real estate investment in Türkiye.

2007: Establishment of Rönesans Enerji, focused on renewable energy.

2009: Commencement of construction investments in Europe through the acquisition of shares in PORR AG.

2009: Commissioning of Yalnızca Hydropower Plant, Rönesans Enerji’s first project.

2009: Establishment of the Rönesans Education Foundation (REV).

2010: Commencement of operations in Turkmenistan.

2011: Establishment of Rönesans Industrial Facilities.

2012: Operational launch of Rönesans Sağlık Yatırım A.Ş.

2013: Acquisition of the Swiss company Hergiswill.

2013: Singapore’s Government Investment Corporation (GIC) became a partner in Rönesans Gayrimenkul Yatırım A.Ş. through investment in three shopping centers in Türkiye.

2014: Partnership formed with French firm Meridiam for hospital projects in Adana, Bursa, Elazığ, and Yozgat.

2014: Acquisition of the German construction company Heitkamp.

2015: Signing of the United Nations Global Compact.

2015: Acquisition of Ballast Nedam, one of the Netherlands’ largest construction companies.

2016: Shareholding agreement signed with IFC, a member of the World Bank Group.

2016: Completion of the construction of the Gotthard Base Tunnel.

2017: Rönesans Holding ranked 38th on ENR’s list of the Top 225 International Contractors.

2024: Public offering of Rönesans Gayrimenkul Yatırım A.Ş.

Areas of Activity

Rönesans Holding operates in the following key sectors:

Construction: Infrastructure and superstructure projects, industrial facilities, residential developments.

Real Estate Development: Shopping centers, office buildings, hotels, residential units, and mixed-use complexes.

Energy: Renewable energy projects, hydropower plants.

Healthcare: Investments in city hospitals and healthcare complexes.

Industrial Facilities: Heavy industry plants, chemical and pharmaceutical production facilities, automotive and machinery factories.

Example Projects

Başakşehir Çam and Sakura City Hospital – Istanbul, Türkiye

Investors: Rönesans Sağlık Yatırım and Japanese Sojitz partnership

This hospital is Türkiye’s third-largest healthcare investment project, serving Istanbul and surrounding provinces.

Lakhta Center – St. Petersburg, Russia

Height: 462 meters

Notable Feature: Tallest building in Europe

The Lakhta Center, constructed by Rönesans İnşaat, is located in St. Petersburg, Russia, and is the tallest building in Europe.

Lakhta Center (Renaissance)

International Operations

Rönesans Holding operates in Türkiye, Russia, the Netherlands, Germany, Switzerland, Turkmenistan, Kazakhstan, Iraq, Algeria, Uzbekistan, and other countries.

Management and Organization

Founder: Dr. Erman Ilıcak

Chairman of the Board: İpek Ilıcak Kayaalp

Headquarters: Portakal Çiçeği Sokak No:33, Yukarı Ayrancı, Çankaya, Ankara, Türkiye