GrainTürk Holding Sets Higher Targets for 2025 with New Projects in Agriculture, Energy, Construction, and Food Sectors
The Company aims to reach TRY 7 billion in revenue by year-end
GrainTürk Holding, operating in the fields of agriculture, energy, construction, and retail, has shared its investment plans for 2025 with the public. CEO Onur İçcan announced a year-end revenue target of TRY 7 billion, emphasizing major steps taken particularly in the agriculture and energy sectors. The total value of energy investments is projected to reach USD 250 million.
Public Offering in Agriculture, Capacity Expansion in Energy
Noting that agricultural operations have been consolidated under Özova Tarım, İçcan stated that the company has applied to the Capital Markets Board of Türkiye (CMB) for approval of its prospectus and that the public offering process is ongoing. He emphasized that following this process, they plan to accelerate agricultural investments, increase product diversity, and create new regional employment opportunities.
326 MW Renewable Energy Partnership
Following the public offering, GrainTürk Holding has become a partner in renewable energy projects with a total capacity of 326 MW through the acquisition of an energy company. As of April 2025, 50 MW of the 130 MW solar power plant (SPP) project underway in the Viranşehir region of Şanlıurfa has become operational. The project spans approximately 2 million square meters, and upon completion, it is expected to become the fourth largest SPP in Türkiye installed on a single site.
In addition, pre-licenses have been obtained for wind power projects with energy storage, totaling 78 MW in Afyon and Manisa. The licensing process continues for a 20 MW solar power project with storage in Diyarbakır. The total investment cost of all these projects is expected to be around USD 250 million.
Storage Capacity and Construction Projects
With recent investments in agriculture, the Holding has increased its licensed storage capacity from 75,000 tons to 155,000 tons, aiming to reach a total storage capacity of 220,000 tons. Growth is expected to continue in both licensed and free storage areas.
The company also has projects focused on earthquake-affected regions. Within this scope, the New Tower housing project has been completed, and as of April 2025, sales of 23,000 square meters of sellable space have begun, with an expected revenue of approximately TRY 1.2 billion.
Rising Expectations for U.S. Exports
Highlighting that Türkiye`s inclusion among countries with low customs tariffs by the United States is a significant development, CEO Onur İçcan stated that new export channels to the U.S., especially for agricultural products, are expected to open. Emphasizing that the current economic program in Türkiye has strengthened the investment climate, he said:
|||We trust the economy and continue to invest. Our goal is to reach TRY 7 billion in revenue by the end of the year.|||
Additionally, it was announced that preparations have begun for the establishment of a large-scale pasta production facility in Hatay. This investment is expected to contribute significantly to the region`s economy and create employment opportunities.