Zorlu Holding

🚨 Reasons for Boycotting Zorlu Holding

Zorlu Holding A.Ş. is a Turkish multinational holding company founded in 1950 by Hacı Mehmet Zorlu, headquartered in Istanbul, Turkey. The holding owns companies including Vestel, Zorlu Enerji, Zorlu Textiles, Zorlu Real Estate, Vestel White Goods, Zorlu USA, and AYESAŞ. Zorlu Holding continues to operate through its subsidiaries in israel, holds partnerships in companies that supply the israeli military, and by refusing to sever ties with israel, it contributes to the normalization of genocide.

1. Sale of Dorad Natural Gas Power Plant Shares and Electricity Supply to the israeli Military: Zorlu Enerji sold its entire 25% stake in israel's Dorad Energy Ltd. in stages between March and July 2025. The 10% not subject to pre-emptive rights was sold to Phoenix Group for NIS 282,941,776, and the 15% subject to pre-emptive rights was sold to Ellomay Luzon Energy Infrastructures Ltd. for NIS 424,412,664. Zorlu Enerji collected the final payment of TL 1.39 billion in May 2026, fully completing the process. However, during Zorlu's partnership in Dorad, the 840 MW plant supplied approximately 7% of israel's electricity needs, with customers including the israeli Ministry of Defense, Mekorot, and israel Aerospace Industries.KAP: Dorad Energy 25% share sale — Share Purchase Agreement with Phoenix Group (March 2025)Zorlu Enerji: Completion of Dorad share sale — 10% Phoenix Group, 15% Ellomay Luzon Energy (July 2025)Sözcü: Zorlu exits israeli company with TL 1.3 billion receivable (May 2026)Zorlu Enerji Investor Relations: Dorad Power Plant customers — israeli Ministry of Defense, Mekorot, israel Aerospace Industries
   
   Active Subsidiaries in israel: Zorlu Enerji's 100%-owned subsidiaries registered in israel remain active: Zorlu Enerji israil Ltd. (electricity generation), Zador israel Ltd. (established on February 16, 2022, with NIS 1 capital, electricity generation), and Zorlu Energy Solutions (ZES) israel Ltd. (sale, installation, and operation of electric vehicle charging stations). These subsidiaries demonstrate that Zorlu maintains its corporate presence in israel.KAP: Zorlu Enerji israil Ltd. and Zador israel Ltd. — 100% subsidiaries (January 2026)Enerji Günlüğü: Zorlu Enerji established Zador israel Ltd. in israel (February 2022)Zorlu Enerji: ZES israel Ltd. — EV charging station sale, installation, and operation
2. AYESAŞ — Electronic Systems Supply to israel's F-35 Fighter Jets: AYESAŞ (Aydın Yazılım Elektronik ve Sanayi A.Ş.) is a defense industry company established as a joint venture between Zorlu Group (60%) and US-based L3Harris Technologies (40%). AYESAŞ manufactures electronic modules designed with US defense companies for the F-35 (JSF) project and develops security-critical software. It is the sole supplier of electronic boards for two key F-35 components: the missile remote control interface and the panoramic cockpit display. Exports account for over 60% of AYESAŞ's total business volume, with 90% of exports going to the US. This demonstrates that Zorlu Holding directly supplies electronic systems to israel's most advanced fighter jet project.Naval Technology: AYESAS — joint venture of Zorlu Group (60%) and L-3 Communications (40%)Hürriyet: AYESAŞ manufactures electronic modules for F-35 project — $250 million business volume as sole source (June 2010)Air News Times: AYESAŞ is the sole supplier of two key F-35 components (August 2018)
3. DEİK Turkey-israel Business Council Connection: Zorlu Enerji CEO Sinan Ak serves as Chairman of the DEİK/Turkey-israel Business Council. This council aims to develop commercial relations between Turkey and israel. Zorlu Holding Chairman Ahmet Nazif Zorlu also sits on the DEİK board of directors. This demonstrates that Zorlu Holding plays an active role in maintaining commercial relations with israel at the institutional level.Zorlu Enerji: DEİK (Foreign Economic Relations Board) — Sinan Ak, CEO, RepresentativePatronlar Dünyası: Ahmet Nazif Zorlu on DEİK's 35-member boardDEİK: Turkey-israel Business Council meeting under Sinan Ak's chairmanship (January 2023)
4. Electricity Supply to the israeli Military and Civil Society Response: It has been revealed that Zorlu Enerji Group, affiliated with Zorlu Holding, supplies electricity to the israeli military. The company, through its 25% stake in Dorad Energy, has served the israel Defense Forces (IDF) and the Ministry of Defense. The israeli Ministry of Defense extended its electricity purchase agreement with Dorad Energy in August 2024. This issue was brought before the Turkish Human Rights and Equality Institution (TİHEK), where it was alleged that Zorlu Holding's continuation of bilateral commercial relations with israel violates the UN Guiding Principles on Business and Human Rights.Ulusal Kanal: Zorlu Enerji Group supplies electricity to the israeli military (May 2025)Karar: israeli Ministry of Defense extended electricity purchase agreement with Zorlu Holding's 25%-owned company (August 2024)TİHEK: Zorlu Holding israel commercial relations application — Application No: 2024/215 (July 2024)

🌐 Sources

• KAP: Dorad Energy 25% share sale — Phoenix Group (March 2025)
• Zorlu Enerji: Completion of Dorad share sale (July 2025)
• Sözcü: Zorlu exits israeli company with TL 1.3 billion (May 2026)
• Zorlu Enerji Investor Relations: Dorad Power Plant customers
• Naval Technology: AYESAS — Zorlu Group (60%) and L-3 Communications (40%)
• Hürriyet: AYESAŞ F-35 electronic modules (June 2010)
• Ulusal Kanal: Zorlu Enerji supplies electricity to israeli military (May 2025)
• TİHEK: Zorlu Holding israel commercial relations application (July 2024)
• Enerji Günlüğü: Zador israel Ltd. establishment (February 2022)
• Zorlu Enerji: ZES israel Ltd. operations
• Zorlu Enerji: DEİK representation — Sinan Ak

Boykot Market has listed the brand information and source links above based on verifiable official sources. Please conduct your own research to be certain.