Founded in 1988, Statu is an independent agency with 1998 billings of $47.5 million. The agency plans to do an IPO next year, according to the founding partners, Kemal Gurkaynak and Burak Duruman.
The shop handles local and international clients such as F&B Otomotiv/Smart-Dodge Durango, Florence Nightingale Hospital, Hesser Collage, K International, Paksoy/Kanola, Voss Varinak and White Westinghouse.
Dogan Holding is a leading Turkish media group, including TV stations, national dailies and numerous magazines. Cukurova Holding is a conglomerate with operations in many industries, mainly in finance.
Copyright December 1999, Crain Communications Inc.