TAV Airports has been selected as the “company with the Highest Corporate Governance Rate” in Turkey at the 3rd annual award ceremony held by the Corporate Governance Association of Turkey (TKYD).
TAV Airports, Turkey’s leading global brand in airport operations is selected as the “Company with the Highest Corporate Governance Rate” in Turkey at the 3rd annual award ceremony held by the Corporate Governance Association of Turkey (TKYD). TAV took first place on the Istanbul Stock Exchange (ISE) Corporate Governance Index 2012. TAV Airports Chief Executive Officer Sani Sener remarked, “Since its establishment, TAV has always had a corporate governance mentality developed on the principles of transparency, fairness, accountability and responsibility. For the last three years, we have proved that we are able to sustain this approach with our position amongst the top companies in the world. In an environment still suffering from the effects of the global crisis, the success of companies loyal to corporate governance principles and able to implement them well is evident… This approach has made TAV a reliable and preferred business partner by investors, particularly finance corporations, as well as other stakeholders. We believe that such work is crucial in terms of the realization of the potential of companies and the Turkish economy as a whole in global markets. We thank TKYD for their efforts in creating awareness in this respect.”
After ranking first and second on the ISE Corporate Governance Index in 2010 and 2011 respectively, TAV Airports secured first place last year.
TAV Airports maintains its leading position in airport operations sector in Turkey. TAV Airports operates Istanbul Ataturk, Ankara Esenboga, Izmir Adnan Menderes and Antalya Gazipasa Airports in Turkey as well as Tbilisi and Batumi Airports in Georgia, Monastır and Enfidha-Hamammet Airports in Tunisia and Skopje and Ohrid Airports in Macedonia. Recently, the Holding undertook the operation of Medinah Airport, the first airport privatization in Saudi Arabia. TAV Airports also operates in other areas of airport operations including duty-free, food and beverage services, ground services, IT, security and operation services. In same context, TAV Airports also operates duty free, food and beverage and other commercial areas at Riga Airport in Latvia. Together with its subsidiaries, the company provided services to approximately 575 thousand flights and 72 million passengers in 2012.