A Turkish textile giant that exported to many countries has gone bankrupt.

A Turkish textile giant that exported to many countries has gone bankrupt.

26.03.2025 08:11

The global economic crisis has led to the bankruptcy of numerous companies, and the latest addition to this list is YD Dokuma, a company based in Kayseri that exports carpets, rugs, and mats to many countries. The company's bankruptcy decision, which could not emerge from the concordat process, has been finalized by the court, leaving employees unemployed.

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According to the information in the Concordat Follow-up, YD Dokuma İthalat İhracat Sanayi ve Ticaret A.Ş., one of the leading companies in the textile sector operating in the Kayseri Organized Industrial Zone, went bankrupt as it could not overcome its economic difficulties. With the closure of the company, which had been exporting carpets, rugs, and mats to many countries for years, dozens of employees were left unemployed.

IT WAS SELLING TO MANY COUNTRIES IN EUROPE

YD Dokuma was among Turkey's important carpet manufacturers for many years. The company, which stood out in exports with its quality and affordable products, was selling to many countries, especially in Europe. However, rising costs and the financial crisis in recent years led to the company's bankruptcy.

The Turkish textile giant exporting to many countries has gone bankrupt

A SIGNIFICANT VOID HAS OCCURRED IN THE SECTOR

With the closure of the company, a void has emerged in the sector, and employees have started searching for new jobs.



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