Bteks İstanbul Tekstil Sanayi ve Dış Ticaret AŞ, known for its operations in the Turkish textile sector in the fields of fabric finishing, washing, and dyeing, has applied to the court for a concordat due to financial difficulties.
In the same process, ABM Global Baskı Tekstil Sanayi ve Dış Ticaret Ltd. Şti., along with company officials Bilal Kılıç and Hatice Kılıç, also requested financial protection.
3-MONTH GRACE PERIOD FROM THE COURT
Evaluating the application, the Istanbul 2nd Commercial Court of First Instance ruled on November 6, 2026, to grant a 3-month temporary concordat period for the companies and the firm's partners.
The court appointed Certified Public Accountant and Independent Auditor Adnan Ay, Independent Accountant and Financial Advisor Hayri Hakan Kıvanç, and legal expert Dr. Mehmet Fethi Şua as temporary concordat commissioners. It was stated that creditors may apply to the court within 7 days from the date of the announcement to object to the concordat request.
The company, whose foundations were laid in 1992 under the name Kılıç Tekstil, had been continuing its operations under the Bteks İstanbul brand since 2010. Producing in its facilities with 15 thousand square meters of indoor space in Istanbul, the organization provided services to ready-to-wear brands both domestically and internationally.
It is stated that the company is known in the sector for its modern machinery park, R&D efforts, and quality management. The concordat process is expected to proceed under the supervision of the court and the board of commissioners during the temporary grace period.
News Source: 12punto
