inc Network and its partner organizations. The viEnka is a Turkish company, which is the largest investor in the Russian real estate market. The company was founded by Sharik Tara in 1957. They started activities in Russia in the 1980s. Then Sharik Tara began to establish contacts with influential people in Russia. One of his partners was also a GRU officer, Alexander Khomenko. The function of GRU is to obtain open and secret materials abroad.
In the early 1990s, Enka, in cooperation with the Moscow City Hall, founded the company Mosenka in Russia. The goal was to develop and manage office and residential buildings in Moscow.
Khomenko was the chairman of the supervisory board of Mosenka. In 2007, an article was published in Forbes in which Khomenko says that his open love and admiration for Russia helped the Turkish individual to enter Russia and gain support.
ENKA’s love for Russia was appreciated both materially and morally. Let us first discuss the material part.
In the last 22 years, Enka has completed 113 projects in Russia. The total cost of the contract works is $ 6.5 billion. The Wall Street Journal article, published in 1998 says that Enka’s Russian assets ranged from $ 500 million to $ 1 billion.
- Enka accomplished the following projects in Russia:
- Construction of Domodedovo and Sheremetyevo Airport terminals;
- Construction of medical, business, and shopping centers;
- Construction of office and administrative buildings;
- Reconstruction of Duma and Government buildings;
- Construction of military buildings;
- Construction of cement plants, gas and oil infrastructure.
Enka projects, especially shopping malls and office buildings, have won competitions held in Russia.
In 2020, the Russian Forbes traditionally announced the results of the 2019 study of the “Kings of Russian Real Estate”. Turkish company “Enka” was in sixth place. Prior to that, according to the same publication, “Enka” was in fifth place in 2017.
Enka president Sharik Tara’s love for Russia was personally appreciated. The President of Russia awarded him the Order of Friendship in 2010.
Sharik Tara died in 2018. The company was then headed by his son, Mehmet Sinan Tara.
Presently, ENKA has 17 ongoing projects, most of them being in Russian and in Iraq. They are constructing the medical center, business center and power stations in Russia, 5 projects in total. They are constructing container terminal, oil infrastructure and power stations in Iraq, 4 projects in total.
Enka’s activities in Libya is also related to power field and they are constructing two power stations there.
As for Kosovo and Serbia, they are accomplishing one project in each, related to road infrastructure. They are having two oil infrastructure projects in Kazakhstan, port construction project in Bahamas and Namakhvani HPP in Georgia.
How did “Enka” appear in Georgia?
Enka was established in Georgia on February 21, 2014, as a branch of a foreign enterprise. Initially, the director was Hakan Qozan. Here also, the activities of the company were related to the construction field, setting up of factories, real estate trade. According to the public registry, the branch is still active.
Enka branch worked on the South Caucasus Pipeline project in Georgia. In October 2016, they also received the right to set up an asphalt plant in Tsalka.
In 2017, they switched to the Namakhvani HPP project. This story started with a deal with the Norwegians.
On February 1, 2016, Clean Energy Group, registered in Norway, established Clean Energy Group Georgia LLC in Georgia. The directors of the company were Norwegian citizens Matthew Steinswick Hadley and Bjorn Brandtzaeg. The latter was an advisor to the Minister of Energy of Georgia in 2008.
After Clean Energy Group obtained a permit to build a hydropower cascade on the Acharistskali River, Brandtzaeg resigned as a consultant to the Ministry and moved to an investment company. In 2011, he became the director of Acharistskali Georgia, and in 2014 became the co-owner of the Norwegian Clean Energy Group.
In 2008, during a consultation period of Brandtseg at the Ministry of Energy, the Ministry of Energy announced the Renewable Energy 2008 program. The program was accompanied by its concept and constantly changing list of energy projects.
Three projects of Acharistskali HPP, Acharistskali1, Acharistskali 2, and Acharistskali 3 were included in this list for the first time as per the order of February 4, 2010.
Clean Energy Invest was established in Oslo, Norway two days before the order was issued. “iFact” wrote about this story in 2016 and 2017 as well.
We do not know how the Turkish company “Enka” contacted the Norwegian company. However, according to our Public Registry, they first contacted two years before the signing of the Namakhvani contract. Enka, registered in Turkey, bought 50 percent of Clean Energy Group Georgia LLC on July 4, 2017. The transaction price is confidential according to the agreement of the companies.
April 25, 2019 was an important day for Enka for two reasons: 1. Namakhvani HPP agreement was signed between the state and Clean Energy Group Georgia; 2. Enka acquired an additional 40 percent of the company. And this time too, the price remained confidential. This is how Enka became the owner of 90 percent of Clean Energy Group Georgia in April 2019.
Within three weeks, the company was renamed Enka Renewables Ltd. The company’s directors are three Turkish nationals and Bjorn Brandtzaeg from Norway, who appears to have made a major contribution to the creation and approval of the project.
The article was prepared in collaboration with the Information Reliability Promotion Program (GIIP) in Georgia. GIIP is supported by the American people, funded by the United States Agency for International Development (USAID), and implemented by Zews expressed in this article may not necessarily reflect the views of USAID or the US Government.