10.11.2025 11:06
The established dried fruit brand Ekmekçioğlu, which has been operating for 83 years, declared bankruptcy following an economic crisis. Founded in 1942, the giant company was known both domestically and internationally under the "Sincap" brand.
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One of Turkey's long-established dried fruit brands, Ekmekçioğlu Food and Dried Fruits Industry and Trade Inc., declared concordat due to economic difficulties. The court issued a 3-month temporary injunction for the company.
3-MONTH TEMPORARY INJUNCTION DECISION
The court granted Ekmekçioğlu Food and Dried Fruits Inc. a 3-month temporary injunction, effective from November 5, 2025. Additionally, a 3-member concordat commissioner board was appointed to evaluate the success of the concordat process.
The decision ruled that all legal processes against the company, including all enforcement proceedings, precautionary seizures, and preservation actions, would be halted in accordance with Articles 294 to 297 of the Enforcement and Bankruptcy Law. According to a report by Murat Beyaz from Sözcü, it was decided that checks issued before the temporary injunction decision would also be processed by banks with the note "within the scope of concordat" during the concordat period.
83-YEAR-OLD BRAND IN ECONOMIC STRAITS
Founded in 1942 by Muharrem Ekmekçioğlu, the company is known for its long history in the dried fruit sector. The company operated both domestically and internationally under the "Sincap" brand.
Ekmekçioğlu had achieved a strong position in the sector with its technological investments in dried fruits, coated products, and specialty production, as well as high hygiene standards. The company aimed to reach consumers directly through its factory outlet store in Beylikdüzü and was notable for its extensive distribution network.
FINANCIAL TROUBLES LED TO CONCORDAT
Recent economic fluctuations and consecutive financial problems have caused serious disruptions in Ekmekçioğlu's financial structure. Following these developments, the company's application for concordat was accepted by the court, and the temporary injunction decision came into effect.
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