A 47-year-old giant holding company has gone bankrupt.

A 47-year-old giant holding company has gone bankrupt.

22.09.2025 11:50

Oskar Holding, which has been operating since 1976 and is involved in the Akkuyu Nuclear Power Plant and TEİAŞ projects, has gone bankrupt following its request for concordat due to debts exceeding 2 billion lira. The bankruptcy decision affects not only Oskar Holding but also many companies within its structure.

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Oskar Holding, which has been operating since 1976, went bankrupt by court decision following a request for concordat.



COURT DECISION ISSUED



According to the information available on Ilan.gov.tr, the Ankara West 1st Commercial Court ruled for the bankruptcy of Oskar Holding and its affiliated companies. With the decision, all measures imposed in the file were lifted, and the duties of the concordat commissioners were terminated.



CURATOR APPOINTED



The court appointed Financial Advisor Gülcan Gürbüz and Lawyer Işıl Yılmaz Akman as curators.



AFFILIATED COMPANIES ALSO CLOSED



The bankruptcy decision also covers the following companies within the holding:





  • Oskar Holding


  • Anatolia Electricity


  • Oskar Energy


  • Oskar Electricity


  • Oskar REIT


  • Oskar LED


  • Oskar Cable Systems


  • Anatolia Electricity Baku




WIDE RANGE OF ACTIVITIES



According to the information on the holding's website, the company was engaged in energy, telecommunications, transportation infrastructure, land development, construction, and sales of electrical materials. It also provided services in national defense, communication, logistics, and social life areas. It was known that Oskar Holding operated in more than 10 countries.



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