1997
Sabancı Holding Initial Public Offering.
Hoecsa was established. (In April 1999, its name was changed to Sakosa.)
Danonesa (Danone-Sabancı partnership) Food Products Manufacturing Inc. was founded. (shares sold to the partner in 2003)
Turk Philips Industry Inc. ,Turk Philips Trade Inc and Turk Philips Illumination Industry and Trade Inc. shares sold to the partner
Exsa Handels Gmbh-Frankfurt was liquidated.
Sabancı University Groundbreaking
Ak Securities Brokerage Services was founded.
Karçimsa Cement Manufacturing Inc. was founded.