10.04.2025 09:13
The global economic crisis has led many companies to declare bankruptcy, and the latest addition to this list is Gebzeli Polin Holding, a global player in the water park industry that has signed over 3,000 water park projects in 118 different countries. The company unexpectedly filed for bankruptcy protection.
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One of Turkey's largest water slide and water park manufacturers, the giant company has received a temporary injunction from the court while struggling with economic difficulties.
3-MONTH TEMPORARY INJUNCTION GRANTED
The Gebze Commercial Court granted an additional 2-month temporary injunction for Polin Holding and its subsidiaries, which had previously been granted a 3-month temporary injunction as part of the concordat process. Among the companies covered by the court decision are Polin Dış Ticaret A.Ş., Polin Water Parks and Pool Systems A.Ş., Futuraform Composite and Advertising Products Industry and Trade A.Ş., and Polin Park Service Services A.Ş. According to the news from Patronlar Dünyası, the names included in the temporary injunction decision also include the children of the company's founder Enver Pakiş, as well as Barış Pakiş, Başar Pakiş, and Bilge Pakiş, who are part of the management team.
GIANT FACILITY, GIANT STAFF
Polin Holding, which provides employment for approximately 1,500 people at its production facility established on an area of 100,000 square meters in Gebze, is one of the largest manufacturers of thematic water entertainment systems not only in Turkey but also in the world.
STARTED IN 1976 WITH MODEST BEGINNINGS
Founded by Enver Pakiş, a Yugoslavian immigrant who left his apprenticeship as a car bodyworker to pursue architectural education, Polin transformed its adventure that began in a small workshop into a global brand. The company, which became a holding in 2013, continues to operate in the sector with many sub-brands such as Polin Water Parks, Funtastic Amusement Parks, Polin Aquariums, Safari Parks, and Design Studio.
ALL PRODUCTION IN TURKEY, SALES NETWORK WORLDWIDE
Polin Holding, which carries out all its production in Turkey, has sales and representation offices in countries such as France, Russia, China, Morocco, and North Macedonia.
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