OYAK

AcronymDefinition
OYAKOrdu Yardýmlaþma Kurumu (Turkish: Armed Forces Pension Fund)
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With its strong understanding of Almatis' customer needs, the market opportunities and challenges, OYAK is well placed to foster Almatis' continuous development, pursuing its long-term strategy.
OYAK Group purchased the entire stake of Chemson Group from the Austrian private equity fund Buy-Out Central Europe II Beteiligungs-Invest AG.
OYAK also has assets of benefit to its more than 230,000 serving and retired military officers, including exclusive resorts and the Zirvekent housing development in Ankara, in addition to a $27 billion savings fund that distributes regular dividends.
Treasury bills dominate, but Turkish Treasury borrowing is concentrated in one-year or less maturities, explains Cem Karakas, a Massachusetts Institute of Technology (MIT) graduate and the president of OYAK Konut Insaat (OYAK's land-development subsidiary) in Istanbul.
We re proud to have advised a prominent Turkish conglomerate such as OYAK on this highly strategic acquisition.
Lafarge Divests Certain Turkish Operations to OYAK Cement Group II-15
Lafarge (Paris:LG) announces the divestment of its cement, concrete and aggregates activities in Marmara and West Black Sea Regions in Turkey to the leading Turkish company in the cement sector, OYAK Cement Group, for an enterprise value of 163 million [euro], representing 10 times 2008 Ebitda.
6 /PRNewswire-FirstCall/ -- AXA announced today it has entered into an agreement to acquire OYAK's fifty percent (50%) share in AXA OYAK Holding A.
OYAK is known for employing staff affiliated with the military, such as the sons, daughters or other relatives of TSK members as well as retired generals who take positions on military companies' executive boards.
MSGI came to an agreement with the Turkish OYAK Defence & Security Systems Corp to provide an extensive suite of technology solutions.
ySTANBUL (CyHAN)- OYAK Group acquired all shares in the Austrian producer of polymer additives Chemson Group and became a global actor in the production of PVC stabilizer.
Nasdaq: MSGI), a leading provider of proprietary security products and services, today announced that it has reached an accord with Turkish OYAK Defence & Security Systems Corp.