In 1910 the firm had established the Ottoman Electric Company in cooperation with two Belgian banks: the Banque de Bruxelles and the Banque Generale de Credit Hangrois.
1910 gründete man daher die Osmanlı Anonim Elektrik Şirketi in Kooperation mit zwei belgischen Banken, der Banque de Bruxelles und der Banque Generale de Credit Hangrois.