Yavuzlar Vagon, who produced the wagons of TCDD, stated that they experienced financial hardship and applied for concordance to the court.
Yavuzlar Vagon, who was in possession of Marmaray and TCDD's other wagon production tender, stated that he was in financial trouble and applied for concordance to the court. HürriyetAccording to the report, Sakarya-based Yavuzlar Vagon San. and Tic. Limited Sti. 'S financial difficulties in the case recorded in the petition of the case, in the event of concordat decisions, the company can effectively carry out activities were recorded.
The court granted 3 monthly provisional respite to the company. Sakarya University Lecturer Assoc. Dr. He appointed Nevcan Karaca as the temporary speaker of the council. The court announced the decision:
"Court notes by; In the 15976 register of the Sakarya Trade Registry Office, the plaintiff YAVUZLAR VAGON INDUSTRY AND TRADE COMPANY is a temporary coordinator of the Ministry of Foreign Affairs of the Republic of Sakarya. Dr. XHUMX / 20 / 11 date of assignment of Nevran KARACA is based on 2018 of the law numbered 3. ”The creditors are notified of the fact that 28 can appeal with the petition within a certain period of time and that there is no condition requiring the issuance of a concurrence, and that they can demand the rejection of the demand of the court in this context.
Yavuz Yavuz established a small workshop over the 20 years ago. Yavuzlar Vagon San. and Tic. Ltd. Sti., Is one of Turkey's long-lasting and extensive experience with companies engaged in wagon manufacturing and repair.
15 has been providing continuous service to TCDD in Sakarya - Adapazarı and Sakarya - Pamukova factories. The production, maintenance and revision of various wagons are carried out successfully in Yavuzlar Vagon.
Areas of activity; all passenger, cargo, heavy goods vehicles used in the country and railway applications, electric train sets manufacturing, periodic maintenance and all kinds of damage to the vehicle, is to eliminate the malfunction.
The company continues to manufacture as a modern facility with the latest technological equipment in Sakarya - Pamukova with its 8200 m² area.
WHAT IS KONCORDATO?
In simple terms, it can be called an agreement or debt configuration resulting in mutual concessions to avoid bankruptcy. It has been very popular lately. Konkordato actually filled the gap that emerged with the abolition of bankruptcy suspension.
It can be defined as an arrangement which is foreseen to pay debts and to get rid of bankruptcy by debiting the debts of the debts whose debts cannot pay in case of maturities or when they are in danger of not being able to pay on their due dates.
In fact, this institution is organized for honest debtors. It aims to protect enterprises whose financial structures are deteriorated.