29.04.2026 07:30
The 182-year-old giant company Çelikerler Çelik and Celtaş Logistics, whose roots date back to the Ottoman period, has filed for concordat due to financial difficulties. The court granted a 3-month temporary respite period for the company and appointed a committee of commissioners to oversee the process. The critical hearing that will determine the company's future will be held on July 9.
One of the established companies in Turkish industry, Çelikerler Çelik and Celtaş Logistics, unable to overcome the financial bottleneck, has entered the concordat process. The Bartın 3rd Civil Court of First Instance granted a three-month temporary respite for the company and its partners.
CRITICAL HEARING ON JULY 9
The court also appointed a two-member committee of concordat commissioners to monitor the company's financial situation. The hearing that will determine the company's future will be held on July 9.
HISTORY DATING BACK TO 1844
The company, whose foundations were laid in 1844 with hot ironworking in Bartın Kumluca, entered a growth phase by becoming institutionalized in 2003.
UNDERTAKEN PROJECTS IN MANY COUNTRIES
The company, which has a 25,000 square meter production facility, has undertaken projects in many countries from Germany to Qatar, from South Africa to Azerbaijan.