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Economy

The Passing of Ismet Acar: A Major Loss in the Business World

724FinanceZeynep Kaya
The Passing of Ismet Acar: A Major Loss in the Business World

Ismet Acar, the founder of Acarlar Holding and a well-known figure in the business world, has passed away. Acar had been receiving treatment for health problems and was discharged from the hospital, but unfortunately lost his life at home in the early hours of the morning. The news of Ismet Acar's passing has caused great sadness in the business world, as well as in the Artvin-Beykoz community and the Turkish-Georgian community.

Who is Ismet Acar?

Ismet Acar was born on April 1, 1946, in the village of Aralık in the Borçka district of Artvin. He completed his high school education at Artvin High School and started his working life as a worker in the Village Roads department of the Ministry of Public Works in Istanbul on May 1, 1965.
  • Ismet Acar attended the evening construction engineering department of Işık Engineering High School.
  • He later worked in the YSE organization and started his trade union life as a secretary in the YSE-İŞ Union Istanbul Branch in 1967.
  • Acarlar Holding

    According to the official website of Acarlar Holding, the company was founded by Ismet Acar in 1983 and has grown with its activities in the construction and real estate sectors.
  • Ismet Acar served as the founder and chairman of the board of directors of Acarlar Holding for many years.
  • He was one of the names that left a mark on the development of Beykoz with the Acarlar Neighborhood and Acarkent project.
  • Social Responsibility

    Ismet Acar was also known for his social responsibility and donation efforts. The Turkish Armed Forces Solidarity Foundation announced that Ismet Acar, the Chairman of the Board of Directors of Acarlar Holding, donated 12 apartments from the Acarkent Acar Verde blocks in Beykoz, Istanbul, and stated that the donation would provide support for the families of martyrs, veterans, and the disabled.
    The markets are very sensitive to this situation, and Ismet Acar's passing is seen as a major loss in the business world. However, Ismet Acar's legacy will live on through the Acarlar Holding he founded and his other businesses.
    Zeynep Kaya

    Financial Analyst: Zeynep Kaya

    Bireysel Kredi ve Tüketici Finansmanı Stratejisti. Mevduat faiz oranlarını, kredi kartı regülasyonlarını ve tasarruf eğilimlerini bireysel servet yönetimi (Wealth Management) standartlarında analiz eden yazar.

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