NewsTurkey's major furniture brand has declared bankruptcy.

Turkey's major furniture brand has declared bankruptcy.

Turkey's major furniture brand has declared bankruptcy.

10.10.2025 09:56

Due to the global economic crisis, a large number of companies in Turkey have declared bankruptcy, with the latest addition being Yamanev Furniture. The major furniture company, which operates in Isparta, announced a concordat following the economic downturn.

As the effects of the global economic crisis are increasingly felt in Turkey, a new company declaring bankruptcy is added every day.

FILED FOR CONCORDAT

Yamanev Furniture, one of Turkey's few furniture brands operating in Isparta, declared concordat after experiencing an economic bottleneck.

3-MONTH TEMPORARY STAY GRANTED

The Isparta 5th Civil Court of First Instance granted a 3-month temporary stay for Yamanev Furniture Industry and Trade Limited Company, and Alpaslan Boşgelmez was appointed as the concordat commissioner.

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