Turkish Food Giant Officially Declares Bankruptcy - Sözcü Newspaper
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4 Articles
Taban Gıda, one of Turkey's largest companies in agricultural commodity trading, has declared bankruptcy after a long period of restructuring.
Taban Gıda Dış Ticaret AŞ, a company with an annual turnover exceeding 12.5 billion TL, single-handedly supplying 20% of Türkiye's wheat imports, and rising among the giants in the Fortune 500 list, has officially gone bankrupt.
Taban Gıda, an agricultural giant founded in 2016 and holding a significant share of the global wheat trade, has been declared bankrupt by court order following a concordat process.
Founded in 2016, Taban Gıda Dış Ticaret AŞ quickly became one of Turkey's leading agricultural commodity companies. The company ranked 183rd in the Fortune 500 Turkey list in 2019, rising to 142nd in 2020 and 130th in 2021. A bankruptcy ruling has been issued against the company.
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