Norway's Sovereign Wealth Fund Invests Over $1.7B in 79 Turkish Companies
Norway's sovereign wealth fund has invested over $1.7 billion in 79 Turkish companies by the end of 2025, marking its largest investment in Türkiye to date. This significant increase, particularly in the energy, banking, and defense sectors, includes key stakes in companies such as ASELSAN and Akbank. Since its initial investments in 2001, the fund has steadily grown its Turkish holdings, reaching $1.5 billion in 2024.
Theia Market Signal Identification - AI Assisted
Norway's sovereign wealth fund has invested over $1.7 billion in 79 Turkish companies as of the end of 2025, marking its largest-ever exposure to Türkiye. The fund, valued at nearly $2.2 trillion, significantly increased its Turkish investments from previous years, particularly in energy, banking, and defense sectors.
Key investments include approximately $121 million in three energy companies and $142 million in defense electronics firm ASELSAN. Other notable investments are $120.04 million in Birlesik Magazalar AS, $117.39 million in Akbank, and $91.79 million in Tupras.
The fund holds a 3.46% stake in MLP Saglik Hizmetleri AS valued at $58.47 million. Since its initial investments in 2001, the fund has steadily increased its Turkish equity holdings, reaching $1.5 billion in 2024. The fund reported a profit of 2.36 trillion Norwegian kroners ($247 billion) in 2025.
Comments