The Turkish tycoon Aydin Dogan, the major shareholder of the TV station Kanal D, announced that the investments of the Turkish holding in Romania will reach in three-four years 600 millions euro.
The sum will be destined for the development of various areas, from real estates to health, writes "Capital" magazine in today's edition.
"I bought a land where we want to build an office building and hotels, and together with a good friend we will invest in health, in a private clinic. In three, maximum four years we will finish all that we have proposed", said the Turkish billionaire.
Dogan has in plan the transformation of Kanal D in one of the main players from the Romanian media, following his Turkish experience, where the media is practically "controlled" by the Dogan holding.
A family business
The Dogan group is one of the three largest Turkish corporations with major investments in three domains: energy, media, industry, commerce, insurances and tourism. The Dogan family controls around 65% of the group's shares, but its participation will drop in the next years. The holding controlled by Aydin Dogan is present on the media markets from Russia, Kazakhstan, Ukraine and Croatia, where he it is leader on the market.
In an interview for "Capital" magazine, the Turkish billionaire announced his intention of entering oter European markets as well. "At first we would want to expand in Europe. Secondly, I would like to decrease the percentage of the shares controlled by the family, I want us to be more open to the public, to be more transparent", said Dogan.
"If now the family has 65% of the group's shares, I want us to be more open to the public, to be more transparent, so that in the next 10-15 years we will control less." - Aydin Dogan, general director of the Dogan holding
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