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The first firm that was to become Koç Holding was established in 1926 by Vehbi Koç. [7] In 1984, Vehbi Koç handed his position as chairman of the board over to his son Rahmi M. Koç. [7]
Kuwait Oil Company (KOC), an oil company headquartered in Al Ahmadi, Kuwait, is a subsidiary of the Kuwait Petroleum Corporation, a government-owned holding company. Kuwait was the world's 10th largest petroleum and other liquids producer in 2010. [1] The company produced a total of 1.7 million barrels per day.
Koç is a Turkish family of business people founded by Vehbi Koç, one of the wealthiest self-made people in Turkey.His grandsons, the third generation of the Koç family, today run Turkey's largest group of companies, Koç Holding, the only Turkish company on the Fortune Global 500 list. [1]
In 1934 KPC received the first Kuwait Oil Concession Agreement after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company.In 1975 the state signed agreements with British Petroleum and Gulf and after its shares were progressively increased, [3] Kuwait Petroleum Corporation was founded on 27 January 1980 [4] as an umbrella company, integrating KOC, KNPC, KOTC ...
After finishing high school at Harrow School (1980–85), London, he received a BA degree in Managerial Studies from Rice University (1985–89), Houston, Texas, followed by an MBA degree from Harvard Business School (1995–97). [citation needed] In 1990-1991, he attended the management trainee program of American Express Bank.
Koç began his business career working at Kofisa Trading Company in Geneva, Switzerland. He joined the family business in 1992 as a finance coordinator and was vice president and president of the Energy Group. He became a member of the board of directors in 2004 and vice chairman in 2008. [3]
Koç University (Turkish: Koç Üniversitesi) is a non-profit private university in Istanbul, Turkey. [1] It started education in temporary buildings in İstinye in 1993, and moved to its current Rumelifeneri campus near Sarıyer in 2000. [9]
Semahat Sevim Arsel (born 1928) is a Turkish billionaire businesswoman. She is a director of Koç Holding, the largest industrial conglomerate in Turkey, and the eldest child of its founder, Vehbi Koç (1901–1996).