Early Life
Ali Metin Kazancı was born in Rize, Turkey, in 1935. He started his business career in the 1950s, initially involved in the sale of paraffin and oil.
Rise to Success
Kazancı's entrepreneurial journey took a significant turn in 1968 when he founded the Watt Electric Motor Factory, marking his entry into the energy sector. The 1980s saw the commencement of generator manufacturing, followed by power plant construction and electricity generation in the 1990s. He established Aksa Group in 1984, initially focusing on generator production, which rapidly expanded.
Key Business Strategies
His business acumen led to the formation of Kazancı Holding in 1994, consolidating various energy-related ventures. The company expanded its operations to include natural gas distribution and electricity sales in the 2000s and 2010, respectively. Today, Kazancı Holding operates globally, with production facilities across four continents, with operations in 22 countries, and sales to 178 countries. Key subsidiaries include Aksa Energy, a major independent power producer in Turkey, and Aksa Doğalgaz, the largest private natural gas distribution company in the country.
Philanthropy
Information about specific philanthropy amounts could not be found in the search results.