Turkey: Prime time for privatization
Interview with Ahmet Aksu, acting head of the Privatization Administration
The company was established in 2007 as a 50:50 joint venture between Sabanci Holdings, the second-biggest industrial conglomerate in Turkey, and Verbund, the largest power-generation company in Austria. The company has plans to be the biggest integrated power company in Turkey, with 5000MW of capacity and 4.3 million customers by 2015. This will give it a 10% market share.
A large part of that growth will come from participation in privatization.
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