Mehmet Emin Karamehmet

İş Adamı

Doğum
01 Nisan, 1944
Eğitim
Dover College
Burç

Businessman. He was born in Tarsus, Mersin on April 1st, 1944. He belongs to the third generation of the agriculture and industry originated Karamehmet family. His father was one of the presidents of Tarsus Chamber of Commerce and Industry. After Robert College, he was sent to England where he studied economy in Dover College. He established his first private company with a capital of 100 thousand liras in 1966.

The Karamehmet family is known as the first Turkish family in the region to start working in industry after the non-Muslims. The Karamehmet family is business partners with the Eliyeşil family which is very well-known in the Çukurova region, and the families have clenched this partnership through marriages over the years.

Karamehmet family, having earned their lives through agricultural production on fertile soils of Çukurova for years, purchased the Çukurova Industrial Enterprises factory, the history of which goes back to 1880, together with Eliyeşil family and took a step in industry. These facilities, as one of the oldest and biggest textile complexes of Turkey, had a production capacity for 50 cotton gins and 5 thousand spinners in 1925. After a major modernization in 1932, the factory became the first modern factory in our country.

Mehmet Emin Karamehmet established his first company under the name of Mehmet Emin Karamehmetoğlu Ticarethanesi in 1966 when he was just 22 years old to be involved in import exports and production.

The financial power of Karamehmet family increased when they became the owners of three banks and numerous companies in 1980s. In this period, when Mehmet Emin Karamehmet took active role in the management, the group started production in all fields including steel and detergent production. Çukurova Group, concentrating on foreign trade in the 1980s, established their first companies in New York and Geneva. Besides, they constructed the new factories of Çukurova Industrial Enterprises on the Mersin road during Bülent Ulusu government.

Mehmet Emin Karamehmet realized the Turkcell project in 1994. The shares of Turkcell, which became the biggest private company of Turkey, drew attention as the first Turkish company traded at the New York exchange market. Karamehmet then entered the media field and purchased Akşam Group from Ilıcak Family and Show TV from Erol Aksoy.

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