It Had Been Producing in Istanbul Since 1990: The Famous Home Appliance Giant Is on the Verge of Bankruptcy - Sözcü Newspaper
5 Articles
5 Articles
A company that manufactures small electrical appliances used in kitchens has been granted a temporary moratorium on bankruptcy proceedings. The Istanbul-based company, founded in 1990 and specializing in the production of small household appliances, has been granted a temporary moratorium on bankruptcy proceedings.
Avesta Home Appliances, a company that has been producing small home appliances for 36 years, has filed for bankruptcy protection. (01.09.2026, Sputnik Türkiye)
Avesta Home Appliances, which has been operating in the small household appliance sector for 36 years, filed a claim for a concordat following the financial bottleneck.
Avesta Home Appliances, a company that has been operating for 36 years, has declared bankruptcy due to financial difficulties. The Istanbul 3rd Commercial Court of First Instance has granted the company a temporary stay of proceedings.
"Avesta Home Appliances" has filed for bankruptcy protection. The company, which applied due to financial difficulties, experienced a 62% decrease in its financial balance, and a temporary moratorium on bankruptcy protection was granted to the company.
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