Early Life
Feridun Geçgel was born in 1970 in the Suruç district of Şanlıurfa, Turkey. He is of Kurdish descent. After completing his secondary education, he pursued entrepreneurial endeavors and entered the business world.
Rise to Success
Feridun Geçgel began his career by establishing Özgüney Elektrik A.Ş., specializing in the sale of electrical and electronic materials. He expanded his business to include the trading of transformers. A significant milestone in his career was the 2005 acquisition of Astor Transformatör, which he purchased for $3 million. This acquisition became a turning point, leading to Astor Enerji's prominent position in the sector. Astor Enerji, under his leadership, has grown into a leading company in the Turkish energy sector.
Key Business Strategies
Feridun Geçgel chairs Astor Enerji, which is Turkey's largest manufacturer of transformers and switching products. The company went public in Istanbul in 2023. Astor Enerji operates in the areas of energy transmission and distribution projects, transformer manufacturing, and renewable energy investments. Astor Enerji has expanded its exports to over 100 countries. In 2024, the company completed the official brand registration in the USA, strengthening its global market position.
Philanthropy
Feridun Geçgel supports Şanlıurfaspor.