Erman Ilicak

About Erman Ilicak

Erman Ilicak's Ronesans Holding, founded in 1993, operates as construction contractor and real estate developer in 28 countries.

In July 2016, he sold 5% of Ronesans to IFC, a World Bank institution, in a deal that valued the company at $4.3 billion.

Construction firm acquisitions include the Swiss Hergiswill and German Heitcamp in 2013, and the Netherlands' Ballast Nedam in 2015.

In a public-private partnership with the Turkish government, Ronesans has so far built healthcare complexes with a contract value of $3.4 billion.

Ronesans is partnering with the Port of Rotterdam to develop the Ceyhan Mega Petrochemical Industrial Zone in the south of Turkey.