Gulermak Agir Sanayi Insaat ve Taahhut, TREGLRM00010

Gulermak raises stake to 47.34 percent in Gulermak Agir Sanayi Insaat ve Taahhut stock

Published on 10/14/2026 at 05:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gulermak Emlak Yapi bought 126,164 shares. Gulermak Agir Sanayi Insaat ve Taahhut stock logged TRY 11,647.67 million sales in its latest quarter.

Recent company developments

Gulermak Emlak Yapi raised its stake to 47.34 percent on October 9, 2026.
A Cluj metro project received EUR 357.00 million in new financing on October 3, 2026.
PhillipCapital cut its target from TRY 285.50 to TRY 275.00 on September 29, 2026.

Gulermak Agir Sanayi Insaat ve Taahhut, TREGLRM00010, Illustration mit AI erstellt.

Gulermak Agir Sanayi Insaat ve Taahhut (TREGLRM00010) saw its controlling shareholder lift its stake to 47.34 percent after buying 126,164 shares on October 8, 2026. The transaction gives investors a fresh ownership signal while the contractor continues to build a large infrastructure backlog.

Three dated company developments

On September 29, 2026, Borsamatik reported that PhillipCapital cut its 12-month target from TRY 285.50 to TRY 275.00 while retaining its outperform recommendation. The same report put the company's second-quarter 2026 backlog at EUR 4.80 billion.

On October 3, 2026, RayHaber reported that the Cluj-Napoca metro project secured EUR 357.00 million in new financing. The package includes EUR 305.00 million from European Union sources, while an 8.80-kilometer section is scheduled for completion by December 31, 2029.

On October 9, 2026, Hibya Haber Ajansi reported that Gulermak Emlak Yapi bought the shares at TRY 130.46 to TRY 131.99. The purchase lifted its stake in Gulermak Agir Sanayi Insaat ve Taahhut to 47.34 percent.

Quarterly figures show scale

Investing.com lists the latest quarterly report released on August 18, 2026 with revenue of TRY 11,647.67 million, net income of TRY 1,216.61 million and earnings per share of TRY 3.77. Revenue rose from TRY 10,337.21 million in the previous quarter, while net income increased from TRY 647.71 million, giving the ownership move a backdrop of sequential operating growth.

What the stake change means

The purchase involved TRY 16.47 million to TRY 16.65 million in nominal share value, based on 126,164 shares and the reported transaction range. That is distinct from the market value of the holding, but it raises the controlling shareholder's ownership to a level that can matter for governance and future capital decisions.

The company describes its business as construction and maintenance of railways and metros, according to its Gulermak investor-relations page. The Cluj financing timetable and the EUR 4.80 billion backlog cited by PhillipCapital leave execution and contract conversion as the key operating markers.

Listing and investor reference

Global Banking and Finance Review identifies GLRMK as the company's ticker on Borsa Istanbul and confirms ISIN TREGLRM00010. The latest disclosed company developments combine a 47.34 percent controlling stake, TRY 11,647.67 million in latest-quarter revenue and a EUR 357.00 million project financing package.