The Turkish textile giant has officially declared bankruptcy! Its case was closed in 3 years.

19.05.2025 09:11

The global economic crisis has led to the bankruptcy of numerous companies, and the latest addition to this list is Bozdamlar Tekstil, a 30-year-old textile giant from Konya. The company, which was declared bankrupt by the Konya 2nd Commercial Court in a decision dated 2012, had its case finalized on November 6, 2012, and the three-year legal process came to an end with the official announcement from the Konya 1st Enforcement Office.

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Bozdamlar Textile and Garment Trade Ltd. Co., a pioneer in the textile sector in Konya for 30 years, declared bankruptcy in 2012. The company, which specialized in suit production at its modern factory of 4000 square meters, aimed to cater to Konya first and then to Turkey by offering quality products at affordable prices.

ESTABLISHED BRAND COULD NO LONGER RESIST

However, the decline in demand in the sector and economic difficulties were not enough to keep this established brand afloat. The company's bankruptcy was ruled by the Konya 2nd Commercial Court on February 16, 2012, and the case was finalized on November 6, 2012. The three-year legal process ended with the official announcement of the Konya 1st Enforcement Office.

CALL FOR "INCREASED GOVERNMENT SUPPORT"

Bozdamlar Textile had contributed to the Konya economy by creating employment for a period, but could not withstand the increasing competition and cost pressures. Authorities emphasize that government support must be increased for companies in the textile sector to survive.

The Konya Chamber of Commerce is working on new incentive packages to support local businesses. The bankruptcy of Bozdamlar Textile serves as a warning for other companies in the sector. Hopes for economic recovery in the city are expected to be strengthened with new investments and support.