It Has 4,000 Producer Partners! The 47-Year-Old Cooperative Has Declared Bankruptcy.
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ÖR-KOOP, which has more than 4,000 partners in Aydın, announced the concordat. It was stated that the cooperative had a debt load of 431 million lire. 23.10.2026, Sputnik Turkey
ÖR-KOOP, established in 1979 in Nazilli district of Aydın and having over 4,000 producer members, has applied for concordat due to increasing financial obligations. On October 21, the court granted the cooperative a temporary stay and appointed a concordat commissioner to restructure its debts.
Nazilli and Surrounding Areas Agricultural Development Cooperative (ÖR-KOOP), operating in the Nazilli district of Aydın, has declared bankruptcy due to financial difficulties.
ÖR-KOOP, a company operating in Aydın for 47 years with over 4,000 producer partners, has entered into a concordat process. The management announced that they inherited debts of 431 million Turkish Lira upon taking office. While the court granted a temporary stay, the issue of producer receivables came to the forefront.
ÖR-KOOP, which has been providing support to thousands of producers in Nazilli and its surroundings for many years, declared bankruptcy after being unable to withstand prolonged financial pressures. The Nazilli and Surrounding Areas Agricultural Development Cooperative had been in bankruptcy since July of last year...
Nazilli and Surrounding Areas Agricultural Development Cooperative (ÖR-KOOP) has filed for concordat due to financial difficulties. The cooperative, which has over 4,000 producer members, received a temporary stay of proceedings from the court on October 21, 2026, and a concordat commissioner was appointed.
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