Net Holding A.S. (NTHOL)

Profile

https://www.netholding.com

Net Holding A.S. is a Turkey-based holding company primarily engaged in the tourism, hospitality, gaming, and real estate development sectors. It operates a portfolio of luxury hotels and casinos under the Merit brand, focusing on high-end hospitality and entertainment services. The company manages duty-free stores and is active in hotel management across multiple regions. Net Holding A.S. conducts its operations in five countries: Turkey, the Turkish Republic of Northern Cyprus, Montenegro, Croatia, and Bulgaria, with a strong presence in the Balkans. Its core business segments include gaming and lottery operations, hotel management, and real estate development, positioning it as a key player in the regional services sector. Through its subsidiaries, such as Merit Turizm Yatirim ve Isletme Anonim Sirketi, it delivers integrated tourism experiences combining luxury accommodations, gaming facilities, and related services. Founded in 1974 and headquartered in Istanbul, Turkey, Net Holding A.S. maintains a diversified portfolio that supports its role in the international hospitality and leisure markets.