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40-Year-Old Construction Brand Özdemir İNşaat Files for Concordat

Summary by Bazaar Times
Özdemir Turizm ve Ticaret AŞ, the owner of the 40-year-old Özdemir İnşaat ve Yatırım brand, has filed for concordat protection due to financial difficulties. The Balıkesir Commercial Court of First Instance has granted the company a three-month provisional concordat period. Founded in Bursa in 1986, the company has primarily operated in the construction sector across …

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Özdemir Turizm ve Ticaret A.Ş., founded in Bursa in 1986 and responsible for numerous housing projects in the Edremit Gulf region of Balıkesir, has filed for bankruptcy protection due to financial difficulties. The court granted the company a three-month temporary moratorium.

·Türkiye
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Özdemir Turizm ve Ticaret A.Ş., a Bursa-based company that has undertaken numerous housing projects in the Edremit Gulf region of Balıkesir, has requested a concordat due to financial difficulties. The court granted the company a three-month temporary moratorium.

Özdemir Turizm ve Ticaret AŞ, a 40-year-old company that has undertaken hundreds of housing and villa projects throughout the Edremit Gulf in Balıkesir, applied to the court after experiencing difficulties in paying its debts. The Balıkesir Civil Commercial Court granted the company a 3-month temporary moratorium under the concordat agreement.

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yasamgazetesi.com.tr broke the news on Saturday, October 31, 2026.
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