The symbol of Beyoğlu, a 60-year-old historic restaurant, has declared bankruptcy.

The symbol of Beyoğlu, a 60-year-old historic restaurant, has declared bankruptcy.

04.07.2025 08:01

The effects of the economic crisis continue to be felt in Turkey, just as they are around the world. While many companies are on the brink of bankruptcy, the latest addition to this list is Tarihi Şahin Lokantası, a traditional Turkish restaurant in Beyoğlu that offers the flavors of Turkish cuisine. The establishment, which has been in operation since 1967, has filed for concordat due to financial difficulties.

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The global economic crisis has recently led many companies to declare bankruptcy, and Beyoğlu's iconic venue has also been included in this chain.

FILED FOR CONCORDAT

One of the important venues in the district, the traditional Turkish restaurant Tarihi Şahin Lokantası, has filed for concordat.

The Istanbul Anatolian 3rd Commercial Court granted a three-month temporary injunction for the business and its owner Cengiz Şahin, as well as another company, Gergedan Yapım.

COMMISSIONER COMMITTEE APPOINTED

The court also appointed a two-person concordat commissioner committee to oversee the financial structure of the companies. The next hearing for the companies under protection against bankruptcies will be held on September 26.

ESTABLISHED IN 1967

Tarihi Şahin Lokantası is a tradesman's restaurant located in the Beyoğlu district of Istanbul. Operating since 1967, the venue attracts the attention of both locals and visitors by offering traditional flavors of Turkish cuisine. The founder of Tarihi Şahin Lokantası, İsmail Şahin, passed away in 2019.



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