Although Uğur Akkuş’s multimillion-dollar company A&S Investment Holding Company is based in Istanbul’s exclusive Trump Towers, the founder and CEO is more likely to be found out of the office rather than in it. He constantly meets with business leaders to discuss the development of their industries and their impact on the Turkish economy; but he also meets with doctors and other medical professionals, as he has since the beginning of the pandemic, to discover their needs and how he can help.
In May 2022 Akkuş was named the winner of Turkey’s 2022 Best Businessman Award and Best CEO Award, and the wins are a reflection of his constant dedication to his company and Turkey as well as his reputation in the industry. In the aftermath of this success, he sat down to discuss his perspective of Turkey’s economic growth, its place in the global economy, and what’s next for A&S Investment Holding Company.
Turkey’s Emerging Dominance Lures Foreign Investors
Akkuş reveals that 2022 will be a huge year for investments in Turkey, partially due to the current shift in power occurring with China. “China’s dominance of the manufacturing sector is done,” he affirms. “Because of the economic embargo on China, major corporations are coming here. Shipping costs have also risen because China closed its borders due to COVID; a container that used to ship for $2,500 now ships for $12,500.”
He is seeing more and more foreign countries bringing business to Turkey as they recognize its many advantages. “Really, Turkey is the perfect solution. Our location means we are right at the crossroads of Europe, the Middle East, Asia, and even Africa, if you think about it. Whichever direction you go, you will find an important market within only hours.”
He predicts a significant and inevitable transfer of wealth to Turkey over the next decade, due to the political and economic turmoil in the Middle East and North Africa, there will be an . “As that happens, Turkey will see more businesses grow across industries, and I am guiding A&S Investment Holding Company to be there when that happens.”
A&S Investment Company Gives Back Globally
A big part of A&S Investment Holding Company’s passion is giving back. When the pandemic hit, the entire world was in a panic to find masks and other personal protection equipment. Akkuş conferenced with doctors and other medical professionals to discover their needs, and then his company created a mask manufacturing facility right in Istanbul. By 2021 that facility was meeting demand across all of Turkey and into Europe and the US.
“We didn’t stop just because the coronavirus arrived,” Akkuş says. “Instead, we looked down the road and envisioned where we wanted Turkey to be when the pandemic ended: strong and able to capitalize on an educated, cultured workforce. I met with my own employees and cast a vision for 2022 and the coming years: to use A&S Investment Holding Company to help Turkey to become the economic powerhouse I believe it is destined to become.”
The Ukraine/Russia war, Akkuş reveals, is affecting the region as well, as many Ukrainian refugees to flee to Turkey. “We are doing what we can to help them, and we are keeping a close eye on the conflict and its possible implications for Turkey and the region,” he says. “We want to be ready to step in and help with the reconstruction of Ukraine when the war stops, so we are developing projects that will support the rebuilding of its food, textiles, and construction industries.”
A&S Investment Holding Company Revolutionizes Crypto in Turkey
Akkuş says that as Turkey continues to grow in prominence in the region, the key to it leading economically will be the contributions that it will make to the digital revolution. “Digitalization is inevitable and will bring exciting developments to the country and the world. This is why A&S Investment Holding Company plans to activate our digital money stock exchange, Bitmoneycoin.com. We plan to launch this in the United States and around the world at the beginning of June.”
He explains that it will be Turkey’s first local and national blockchain cryptocurrency. “It will lead to commission discounts, airdrop campaigns, new ICO processes, and trading competitions.”
Akkuş reveals that Bitmoneycoin.com, through the company’s Ascoin Invest Program, will also be used to sponsor relevant departments that are working on blockchain technology. “We are very happy about this because it will have the potential to provide financing for the projects of young entrepreneurs. I am pleased that Bitmoneycoin.com will contribute to Turkey being able to provide unprecedented opportunities for more people.”
What to Know About Uğur Akkuş and A&S Investment Holding Company
“I can’t tell you how happy I am about winning the Best Businessman Award and Best CEO Award for 2022,” Akkuş says with a smile. “They are public awards and I had some tough competition, so just to be nominated was a tremendous honor.”
He reveals that he’s actually a third-generation businessman whose family has been in business since 1962. He knows that his family is proud of his accomplishments beyond the two prestigious awards. He started A&S Investment Holding Company with the aims of investing in commercial sectors with high profit potential and of achieving sustainable and stable growth within targeted periods.
Akkuş attended Bilkent University and Essen-Duisburg University in Germany before going into business. He then worked as Vice-Chairman of Kuwait Business Council and the Foreign Economic Relations Board and was Vice-President of Saudi Arabia Business Council. He was also a High Advisory Board Member for the Turkish American Business Association and was the founding member and board member of KUVİD Association. He is fluent in English, German, French and Arabic and sees business as his way to give back to his country and the world.
“Business is in my family’s blood,” he says, “and in forming my company, I used everything I learned from my father and grandfather about domestic and international trade as well as my own experiences and capital. The result is A&S Investment Holding Company, which supports all of its subsidiaries in terms of operations management, corporate governance, and finances. We continue to bring more businesses into our portfolio based on the principles of quality, value, service, and excellence, and it is my goal that A&S Investment Holding Company will make Turkey even stronger for generations to come.”
A&S Investment Holding Company Finds Efforts Strengthened by Turkey’s Own Population
Akkuş is confidant that the people of Turkey are ready to pave the way toward future success, and he intends to dedicate his company’s resources to that goal. “We are investing so widely because we see that the time is right,” he says. “In addition to being educated, our workforce is connected to the Internet and well-traveled. They are also very used to foreigners and different cultures, as we see millions of tourists each year. I believe that Turkey’s modern people are the reason A&S Investment Holding has been able to help develop the country.”
As the world collectively recovers from the pandemic, a new normal has been revealed. Akkuş is enthusiastic about his country’s future: With China’s role changing and war in Eastern Europe having global repercussions, A&S Investment Holding Company will work hard to continue to be at the forefront of important solutions and innovations through 2022 and beyond.”
For more information on Uğur Akkuş, A&S Investment Holding Company, and their work to help develop Turkey into a global economic leader, please visit the company’s website or contact:
A&S Investment Holding Company
Phone: 0212 801 48 64