19.08.2025 15:01
The global economic crisis has led to the bankruptcy of many companies in Turkey, while Hacıbaba Pastry Shops, owned by businessman Yılmaz Elaldı, who sparked controversy with his statement "There is no unemployment, there is a refusal to accept jobs," has come to the brink of bankruptcy.
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Hacıbaba Pastry Shops, which has been operating in the confectionery sector for over 40 years, has entered into financial distress. Due to economic difficulties, a three-month temporary injunction was granted to Hacıbaba Pastry Shops and HBB Social Services by the Diyarbakır Commercial Court.
A three-member concordat commissioner board was also appointed to oversee the concordat process for the companies. The next hearing for the concordat case for the companies has been postponed to November 6.
PREVIOUS CONCORDAT REQUEST WAS REJECTED
A concordat announcement was published for Hacıbaba Pastry Shops on May 15, and a temporary injunction decision was made for the company within this scope. However, on July 21, the company's concordat application was rejected by the court, and the previously granted temporary injunction was lifted.
'UNEMPLOYMENT' SPEECH BECAME AGENDA
The owner of Hacıbaba Pastry Shops, Yılmaz Elaldı, made headlines with his statements in 2022. Elaldı, who complained about not being able to find employees in Istanbul and stated, "There is no unemployment, there is a lack of job preference," sparked significant debate with his remarks.
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