{"id":1980,"date":"2026-03-22T14:59:57","date_gmt":"2026-03-22T11:59:57","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1980"},"modified":"2026-03-22T15:00:34","modified_gmt":"2026-03-22T12:00:34","slug":"enkai-faaliyet-raporu-analizi-202512-enka-inaat-ve-sanayi-a","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1980","title":{"rendered":"\ud83d\udd35 ENKAI Faaliyet Raporu Analizi 2025\/12 | Enka \u0130n\u015faat ve Sanayi A.\u015e."},"content":{"rendered":"<p><iframe title=\"Spotify Embed: \ud83d\udd35 ENKAI Faaliyet Raporu Analizi 2025\/12 | Enka \u0130n\u015faat ve Sanayi A.\u015e.\" style=\"border-radius: 12px\" width=\"100%\" height=\"152\" frameborder=\"0\" allowfullscreen allow=\"autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture\" loading=\"lazy\" src=\"https:\/\/open.spotify.com\/embed\/episode\/3AgFN8VnZYN1WQ8dnVn3ln?si=5b2ea144236e4d75&amp;utm_source=oembed\"><\/iframe><\/p>\n<h1>ENKA 2025 Y\u0131l\u0131 Stratejik Faaliyet ve Performans Brifingi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>ENKA \u0130n\u015faat ve Sanayi A.\u015e., 2025 mali y\u0131l\u0131n\u0131 g\u00fc\u00e7l\u00fc bir finansal tablo ve geni\u015fleyen bir operasyonel portf\u00f6yle tamamlam\u0131\u015ft\u0131r. \u015eirket, geleneksel uzmanl\u0131k alanlar\u0131 olan m\u00fchendislik, in\u015faat ve enerji \u00fcretimindeki liderli\u011fini korurken; veri merkezi i\u015fletmecili\u011fi gibi stratejik yeni i\u015f kollar\u0131na ad\u0131m atm\u0131\u015f ve gayrimenkul portf\u00f6y\u00fcn\u00fc Birle\u015fik Krall\u0131k pazar\u0131na ta\u015f\u0131yarak co\u011frafi \u00e7e\u015fitlili\u011fini art\u0131rm\u0131\u015ft\u0131r. 2025 sonu itibar\u0131yla 8,8 milyar ABD Dolar\u0131 seviyesine ula\u015fan i\u015f portf\u00f6y\u00fc ve 917 milyon ABD Dolar\u0131 tutar\u0131ndaki konsolide net k\u00e2r, \u015firketin k\u00fcresel belirsizliklere kar\u015f\u0131 dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131 teyit etmektedir. D\u00fc\u015f\u00fck karbonlu enerji projelerine ve s\u00fcrd\u00fcr\u00fclebilir altyap\u0131 yat\u0131r\u0131mlar\u0131na verilen a\u011f\u0131rl\u0131k, \u015firketin uzun vadeli b\u00fcy\u00fcme stratejisinin temel ta\u015f\u0131n\u0131 olu\u015fturmaktad\u0131r.<\/p>\n<h2>1. Finansal Performans ve Operasyonel Durum<\/h2>\n<p>2025 y\u0131l\u0131 verileri, ENKA&#8217;n\u0131n disiplinli finansal y\u00f6netim ve sa\u011flam bilan\u00e7o yap\u0131s\u0131n\u0131 korudu\u011funu g\u00f6stermektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Finansal G\u00f6sterge<\/td>\n<td>De\u011fer (ABD Dolar\u0131 Baz\u0131nda)<\/td>\n<\/tr>\n<tr>\n<td><b>Konsolide Ciro<\/b><\/td>\n<td>3,9 Milyar<\/td>\n<\/tr>\n<tr>\n<td><b>Konsolide Net K\u00e2r<\/b><\/td>\n<td>917 Milyon<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6z Sermaye<\/b><\/td>\n<td>8,7 Milyar<\/td>\n<\/tr>\n<tr>\n<td><b>Net Nakit Pozisyonu<\/b><\/td>\n<td>5,6 Milyar<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam \u0130\u015f Portf\u00f6y\u00fc (Backlog)<\/b><\/td>\n<td>8,8 Milyar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Operasyonel \u00d6ne \u00c7\u0131kanlar<\/h3>\n<ul>\n<li><b>\u0130\u015f Portf\u00f6y\u00fc Art\u0131\u015f\u0131:<\/b> Toplam i\u015f portf\u00f6y\u00fc bir \u00f6nceki y\u0131la g\u00f6re 2,9 milyar ABD Dolar\u0131 art\u0131\u015f g\u00f6stermi\u015ftir.<\/li>\n<li><b>K\u00fcresel Eri\u015fim:<\/b> Avrupa ve geli\u015fmi\u015f \u00fclkelerdeki projelerin toplam portf\u00f6y i\u00e7indeki pay\u0131 %40&#8217;a ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>\u015eirket Yap\u0131s\u0131:<\/b> ENKA, 61 \u00fclkede 590&#8217;dan fazla projeyi ba\u015far\u0131yla tamamlam\u0131\u015f k\u00f6kl\u00fc bir kurulu\u015f olarak faaliyetlerini s\u00fcrd\u00fcrmektedir.<\/li>\n<\/ul>\n<h2>2. M\u00fchendislik ve \u0130n\u015faat Segmenti Analizi<\/h2>\n<p>Bu segment, 2025 y\u0131l\u0131nda 2,7 milyar ABD Dolar\u0131 ciro elde ederek grubun amiral gemisi olma \u00f6zelli\u011fini s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr.<\/p>\n<h3>2.1. Petrol, Gaz ve Petrokimya Projeleri<\/h3>\n<ul>\n<li><b>D\u00fc\u015f\u00fck Karbonlu Hidrojen \u00dcretim Tesisi (HPP1) &#8211; Birle\u015fik Krall\u0131k:<\/b> Stanlow Rafinerisi&#8217;nde kurulacak bu tesis, Birle\u015fik Krall\u0131k&#8217;\u0131n ilk b\u00fcy\u00fck \u00f6l\u00e7ekli d\u00fc\u015f\u00fck karbonlu hidrojen tesisi olacakt\u0131r. 350 MW kapasite ve y\u0131ll\u0131k 600.000 ton CO2 yakalama hedefi bulunmaktad\u0131r.<\/li>\n<li><b>AGUP2 Merkezi \u0130\u015fleme Tesisi &#8211; Irak:<\/b> Basra&#8217;da TotalEnergies i\u00e7in y\u00fcr\u00fct\u00fclen proje, g\u00fcnl\u00fck 210.000 varil petrol \u00fcretim kapasitesine sahip olacakt\u0131r.<\/li>\n<li><b>Propilen Splitter \u00dcnitesi Projesi &#8211; T\u00fcrkiye:<\/b> T\u00fcpra\u015f&#8217;\u0131n \u0130zmit ve \u0130zmir rafinerilerinde y\u00fcr\u00fct\u00fclen bu proje ile polimer kalitesinde propilen \u00fcretimi hedeflenmektedir. 2025 sonu itibar\u0131yla genel ilerleme oran\u0131 \u0130zmit&#8217;te %37, \u0130zmir&#8217;de %34 seviyesindedir.<\/li>\n<li><b>Stade LNG Yeniden Gazla\u015ft\u0131rma Terminali &#8211; Almanya:<\/b> Y\u0131ll\u0131k 13,3 milyar m\u00b3 kapasiteli terminalde Entrade GmbH arac\u0131l\u0131\u011f\u0131yla elektromekanik montaj i\u015fleri y\u00fcr\u00fct\u00fclmektedir. M\u00fchendislik \u00e7al\u0131\u015fmalar\u0131 %90 oran\u0131nda tamamlanm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>2.2. Elektrik Santrali Projeleri<\/h3>\n<ul>\n<li><b>Dradenau Kombine Is\u0131 ve Enerji Santrali (Almanya):<\/b> Hamburg&#8217;da in\u015fa edilen ve \u00e7evre dostu bir teknolojiye sahip olan santralde genel ilerleme %87&#8217;ye ula\u015fm\u0131\u015ft\u0131r. \u0130lk ate\u015flemenin May\u0131s 2026&#8217;da yap\u0131lmas\u0131 planlanmaktad\u0131r.<\/li>\n<li><b>Bazian II Elektrik Santrali D\u00f6n\u00fc\u015f\u00fcm Projesi (Irak):<\/b> Mevcut 490 MW&#8217;l\u0131k basit \u00e7evrim santralin 740 MW&#8217;l\u0131k kombine \u00e7evrim santraline d\u00f6n\u00fc\u015ft\u00fcr\u00fclmesi projesidir.<\/li>\n<li><b>Hinkley Point C N\u00fckleer Enerji Santrali (Birle\u015fik Krall\u0131k):<\/b> T\u00fcrbin adas\u0131 borulama ve montaj i\u015fleri y\u00fcr\u00fct\u00fclmektedir. Projede personel say\u0131s\u0131 320&#8217;ye ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Nas\u0131riye Kombine \u00c7evrim Santrali (Irak):<\/b> 922 MW kapasiteli bu proje i\u00e7in 2025 y\u0131l\u0131nda s\u00f6zle\u015fme imzalanm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>2.3. Altyap\u0131 ve Bina Projeleri<\/h3>\n<ul>\n<li><b>Ula\u015f\u0131m:<\/b> Kuzey Makedonya&#8217;da Koridor 8 &amp; 10D ve S\u0131rbistan&#8217;da Morava Koridoru Otoyolu projeleri devam etmektedir.<\/li>\n<li><b>Madencilik:<\/b> Mo\u011folistan&#8217;daki Oyu Tolgoi Yeralt\u0131 Projesi&#8217;nde kapasite art\u0131r\u0131m in\u015faat i\u015fleri s\u00fcrd\u00fcr\u00fclmektedir. Ayr\u0131ca Pakistan&#8217;da Reqo Diq bak\u0131r ve alt\u0131n madeni i\u00e7in \u00f6n haz\u0131rl\u0131k projeleri (kamp ve beton santrali) \u00fcstlenilmi\u015ftir.<\/li>\n<li><b>Sanayi:<\/b> Birle\u015fik Krall\u0131k&#8217;ta Shotton Ka\u011f\u0131t Fabrikas\u0131 projesi y\u00fcr\u00fct\u00fclmektedir.<\/li>\n<\/ul>\n<h2>3. Enerji \u00dcretimi ve Gayrimenkul Stratejileri<\/h2>\n<h3>Enerji \u00dcretimi<\/h3>\n<p>ENKA, 4.100 MW kurulu g\u00fcce sahip do\u011fal gaz kombine \u00e7evrim santralleri ile T\u00fcrkiye&#8217;nin en b\u00fcy\u00fck \u00f6zel sekt\u00f6r elektrik \u00fcreticisidir.<\/p>\n<ul>\n<li><b>B\u00fcy\u00fcme Hedefi:<\/b> K\u0131rklareli&#8217;ndeki 850 MW&#8217;l\u0131k yeni santralin devreye girmesiyle toplam kapasite 5.000 MW&#8217;a \u00e7\u0131kacakt\u0131r.<\/li>\n<li><b>Yenilenebilir Enerji:<\/b> Bulgaristan&#8217;daki 45 MWp kapasiteli Kameno G\u00fcne\u015f Enerjisi Santrali 2025 yaz\u0131nda \u00fcretime ba\u015flayarak \u015firketin bu alandaki ilk yat\u0131r\u0131m\u0131n\u0131 temsil etmi\u015ftir.<\/li>\n<\/ul>\n<h3>Gayrimenkul Yat\u0131r\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>Rusya Pazar\u0131:<\/b> Moskova&#8217;da 390.000 m\u00b2 A s\u0131n\u0131f\u0131 ofis ve 380.000 m\u00b2 al\u0131\u015fveri\u015f merkezi alan\u0131 ile g\u00fc\u00e7l\u00fc varl\u0131k s\u00fcrd\u00fcr\u00fclmektedir.<\/li>\n<li><b>Birle\u015fik Krall\u0131k Geni\u015flemesi:<\/b> Londra merkezindeki Park House ofis binas\u0131 186 milyon \u0130ngiliz Sterlini kar\u015f\u0131l\u0131\u011f\u0131nda sat\u0131n al\u0131narak stratejik bir pazara giri\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h2>4. Yeni \u0130\u015f Kolu: Veri Merkezleri<\/h2>\n<p>ENKA, veri merkezi in\u015faat\u0131 ve i\u015fletmecili\u011fini yeni bir b\u00fcy\u00fcme alan\u0131 olarak tan\u0131mlam\u0131\u015ft\u0131r.<\/p>\n<ul>\n<li><b>T\u00fcrkiye Yat\u0131r\u0131mlar\u0131:<\/b> Tuzla (10 MW) ve Gebze (27 MW) projeleri ile ba\u015flang\u0131\u00e7 yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Avrupa Vizyonu:<\/b> \u0130svi\u00e7re ve \u0130ngiltere \u00f6ncelikli olmak \u00fczere, yak\u0131n gelecekte 100 MW&#8217;\u0131n \u00fczerinde kapasiteye sahip bir servis sa\u011flay\u0131c\u0131s\u0131 olma hedefi belirlenmi\u015ftir.<\/li>\n<\/ul>\n<h2>5. S\u00fcrd\u00fcr\u00fclebilirlik, \u0130\u015f Sa\u011fl\u0131\u011f\u0131 ve G\u00fcvenli\u011fi<\/h2>\n<p>\u015eirket, operasyonel m\u00fckemmelli\u011fi s\u00fcrd\u00fcr\u00fclebilirlik ilkeleriyle birle\u015ftirmektedir.<\/p>\n<ul>\n<li><b>\u0130\u015f G\u00fcvenli\u011fi:<\/b> \u0130n\u015faat operasyonlar\u0131nda iki y\u0131l\u0131 a\u015fk\u0131n s\u00fcredir \u00f6l\u00fcml\u00fc i\u015f kazas\u0131 ya\u015fanmam\u0131\u015ft\u0131r. 2025 y\u0131l\u0131nda 1,2 milyon insan-saat e\u011fitim faaliyeti ger\u00e7ekle\u015ftirilmi\u015ftir.<\/li>\n<li><b>Kalite ve Uyumluluk:<\/b> ISO 9001, 14001 ve 45001 sertifikalar\u0131 teyit edilmi\u015f; TSRS (T\u00fcrkiye S\u00fcrd\u00fcr\u00fclebilirlik Raporlama Standartlar\u0131) ile uyumlu finansal \u00f6nemlilik analizi tamamlanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Kurumsal Y\u00f6netim:<\/b> Saha Kurumsal Y\u00f6netim ve Kredi Derecelendirme A.\u015e. taraf\u0131ndan verilen kurumsal y\u00f6netim notu Kas\u0131m 2025 itibar\u0131yla <b>9.43<\/b> olarak belirlenmi\u015ftir.<\/li>\n<\/ul>\n<h2>6. Ba\u011f\u0131ms\u0131z Denet\u00e7i G\u00f6r\u00fc\u015f\u00fc<\/h2>\n<p>Deloitte (DRT Ba\u011f\u0131ms\u0131z Denetim) taraf\u0131ndan haz\u0131rlanan 4 Mart 2026 tarihli rapor, ENKA&#8217;n\u0131n 2025 y\u0131l\u0131 y\u00f6netim kurulu faaliyet raporundaki finansal bilgilerin ve y\u00f6netim de\u011ferlendirmelerinin, denetlenen konsolide finansal tablolarla t\u00fcm \u00f6nemli y\u00f6nleriyle tutarl\u0131 oldu\u011funu ve ger\u00e7e\u011fi yans\u0131tt\u0131\u011f\u0131n\u0131 do\u011frulam\u0131\u015ft\u0131r. \u015eirketin 2025 hesap d\u00f6nemine ili\u015fkin tam set konsolide finansal tablolar\u0131 hakk\u0131nda <b>olumlu g\u00f6r\u00fc\u015f<\/b> bildirilmi\u015ftir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"1980\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>ENKA&#8217;n\u0131n 2025 Vizyonu: Rekor \u0130\u015f Portf\u00f6y\u00fc ve Yeni Yat\u0131r\u0131mlar<br \/>\nENKA, 2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131yla k\u00fcresel belirsizliklere kar\u015f\u0131 dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131 ve b\u00fcy\u00fcme kapasitesini bir kez daha kan\u0131tlad\u0131. 3,9 milyar dolarl\u0131k konsolide ciro ve 8,8 milyar dolara ula\u015fan i\u015f portf\u00f6y\u00fc ile y\u0131l\u0131 kapatan \u015firket, enerji segmentindeki %106\u2019l\u0131k devasa b\u00fcy\u00fcme ile dikkat \u00e7ekiyor. Veri merkezi i\u015fletmecili\u011fine ad\u0131m atan ve Londra gayrimenkul pazar\u0131na giri\u015f yapan ENKA, s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme hedefleri do\u011frultusunda gelece\u011fin sekt\u00f6rlerine odaklanmaya devam ediyor. \u0130ki y\u0131ld\u0131r s\u0131f\u0131r \u00f6l\u00fcml\u00fc i\u015f kazas\u0131 ve 9.43\u2019l\u00fck kurumsal y\u00f6netim notuyla g\u00fcven tazeleyen ENKA\u2019n\u0131n 2025 y\u0131l\u0131ndaki t\u00fcm ba\u015far\u0131 hikayesini raporumuzda inceleyebilirsiniz.<\/p>\n","protected":false},"author":7,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[314],"class_list":["post-1980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-enkai"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1980"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1980\/revisions"}],"predecessor-version":[{"id":1981,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1980\/revisions\/1981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=1980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}