Istanbul's long-established company is in trouble! It has been given 3 months.

Istanbul's long-established company is in trouble! It has been given 3 months.

11.11.2026 15:12

Bteks İstanbul Tekstil, which has been operating in fabric washing, dyeing, and finishing in Istanbul since 1992, and its group company ABM Global Baskı Tekstil have filed for concordat. The Istanbul 2nd Commercial Court of First Instance granted a three-month temporary respite for the two companies and their partners Bilal Kılıç and Hatice Kılıç.

Bteks Istanbul Textile Industry and Foreign Trade Inc., one of the long-established companies of the Turkish textile sector, has applied for a concordat due to financial difficulties. ABM Global Printing Textile Industry and Foreign Trade Ltd. Co., which operates within the same structure as the company, and the company partners Bilal Kılıç and Hatice Kılıç also requested protection from the court within the scope of the concordat.

3-MONTH TEMPORARY RESPITE FROM THE COURT

With its decision dated November 6, 2026, the Istanbul 2nd Commercial Court of First Instance ruled that a temporary concordat period of 3 months be applied to the two companies and the company partners. In order to supervise the process, the court appointed Sworn-in Certified Public Accountant and Independent Auditor Adnan Ay, Certified Public Accountant Hayri Hakan Kıvanç, and Legal Expert Dr. Mehmet Fethi Şua as temporary concordat commissioners.

It was stated that creditors who wish to object to the concordat request may apply to the court within 7 days from the date of publication.

HAS BEEN OPERATING SINCE 1992

The company, whose foundations were laid in 1992 under the name Kılıç Tekstil, has continued its operations under the Bteks Istanbul brand since 2010. The company, which offers fabric finishing, washing, and dyeing services at its facility with 15,000 square meters of covered area in Istanbul, was producing for ready-to-wear brands both domestically and abroad.

The company's entry into the concordat process due to financial difficulties, despite operating in the sector with its modern machinery fleet, R&D studies, and quality management, drew attention.

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