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Rönesans Recognized Among Global Leaders in Contracting

For the eleventh consecutive year, Rönesans has achieved the notable honor of being listed among the top 50 international contractors by Engineering News-Record (ENR), a prestigious publication in the construction sector. The list is recognized worldwide and evaluates companies based on the revenues generated outside their home countries, which underscores their capacity to secure projects globally and compete on an international scale.

A Remarkable Journey

Established more than three decades ago, Rönesans has completed over 1,000 projects across nearly 40 countries, accumulating approximately $50 billion in revenue from international projects to date. Working alongside 3,500 Turkish manufacturers and subcontractors, Rönesans has been pivotal in exporting Turkish engineering expertise and capabilities across the globe. This accomplishment is not just a milestone for the company but a testament to the resilience and adaptability of its workforce amidst global challenges.

Dr. Erman Ilicak, President Emeritus of Rönesans Holding, reflects on the journey, stating, "Maintaining our position among the world's top contractors through changing global circumstances, including a pandemic and energy crises, speaks volumes about our team's adaptability. Each year presents new challenges, and our employees have consistently found innovative solutions."

Continued Success Despite Challenges

The ENR ranking offers insight into a company’s effectiveness in navigating the complexities of international contracts, rather than merely its size. For Rönesans, which first appeared in the ENR listing at number 86 back in 2006, this recent recognition is a continuation of its successful trend; it remains firmly in the top tier of construction firms in Europe and beyond.

Empowering Local Economies

Rönesans has not only impacted the global construction industry but also played a significant role in the local economies of Turkey. The company has engaged approximately 28,853 Turkish professionals, including 3,500 engineers and architects, reflecting the robust demand for skilled labor in the construction sector. The collective efforts of their workforce, comprising 271,888 individuals, demonstrate the scale at which Rönesans operates internationally.

Iconic Projects and Economic Contributions

From engineering the Lakhta Center, the tallest building in Europe, to developing the Gotthard Base Tunnel through the Swiss Alps and the Gaasperdammertunnel, which is the longest road tunnel in the Netherlands, Rönesans has an impressive portfolio. The company’s international operations not only bolster its revenues but also stimulate a substantial supply chain benefiting local businesses in Turkey, with over $2 billion in goods and services exported in the last decade alone.

Focus on Europe

Europe continues to be a cornerstone for Rönesans's international growth strategy. The company has made substantial investments in the region, including acquiring a stake in the Austrian construction group PORR and several other European firms over the years. By reinvigorating these entities, Rönesans has not only expanded its market presence but also established a strong operational base in Europe.

Conclusion

Rönesans’s ongoing recognition by Engineering News-Record serves not just as an accolade but as a reminder of the responsibility that comes with such achievements. As they look to the future, the leadership underscores the importance of teamwork, adaptability, and a collaborative spirit in overcoming the myriad challenges faced in the construction sector. The commitment to maintaining their innovative approach while supporting Turkish local economies remains at the core of Rönesans's mission and vision for growth.