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(aka `LOM Construction')
LOM Construction is the promoter of the major operating LOMGroup companies and holds significant administrating influence in these companies. LOM companies are commonly referred to as the LOMGroup and the Chairman of LOM Construction as Chairman of the LOMGroup.
100 percent of the equity capital of LOM Construction is held by the founder family and the profit of the company ıs exclusively dedicated to the philanthropic duties caregiven by members of the founder family.
The re-organization of the Group in 2009 made the formation of the LOM Construction imperative.
Areas of business
The company's principal activities are:
To hold investments in operating companies and support their growth
To promote new enterprises
To follow its own (mainly) Construction and Mining businesses (inter alia)
LOMGroup Business Excellence Division, a body of LOM Construction, assists all companies in their business excellence initiatives through the LOMGroup Business Excellence Model, Management of Business Ethics and LOMGroup Code of Conduct. LOMGroup companies are supported in their efforts to achieve world-class standards in all aspects of operations through group-level processes and systems that encourage and enable business excellence as contemplated under the LOMGroup Brand Equity and Business Promotion Agreement.
LOM Construction has up to 450 employees (depending on the seasonal coming of orders).