{"id":60671,"date":"2024-12-24T10:13:00","date_gmt":"2024-12-24T07:13:00","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=60671"},"modified":"2024-12-25T11:56:02","modified_gmt":"2024-12-25T08:56:02","slug":"akin-tekstil-announces-it-has-only-stopped-garment-production","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/akin-tekstil-announces-it-has-only-stopped-garment-production\/","title":{"rendered":"Ak\u0131n Tekstil announces it has only stopped garment production"},"content":{"rendered":"\n<p>Following the <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/\" target=\"_blank\" rel=\"noreferrer noopener\">news<\/a> in the media that Ak\u0131n Tekstil, one of the long-established <a href=\"https:\/\/www.akintekstil.com.tr\/en\" target=\"_blank\" rel=\"noreferrer noopener\">companies<\/a> in the industry, had gone bankrupt, the company denied the allegations in its statement to the Public Disclosure Platform (KAP). The statement included the following: \u201cThe news in some press and publications regarding our statement we made on the Public Disclosure Platform on 20.12.2024, such as \u2018Our company has closed, gone bankrupt\u2019, does not reflect the truth, and only the GARMENT production activities of our Company in our factory located in L\u00fcleburgaz District of K\u0131rklareli Province have been stopped. Our Dyehouse and Weaving activities continue in accordance with our production plans.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-akin-tekstil-terminated-the-employment-contracts-of-152-personnel-in-the-garment-department\"><strong>Ak\u0131n Tekstil terminated the employment contracts of 152 personnel in the garment department<\/strong><\/h2>\n\n\n\n<p>The company\u2019s statement to the Public Disclosure Platform (KAP) on December 20, which was wrongly promoted in the media, included the following statements: \u201cIn the decision of our Company\u2019s Board of Directors dated 16.12.2024; Due to the exchange rate policy implemented within the scope of combating inflation in our country and the fact that exchange rates are below the inflation rate and therefore the inability of order amounts purchased in foreign currency to cover the cost, causing the apparel department to incur losses for a long time, the fact that a large part of this loss is due to the high personnel costs of the increases in the minimum wage; the failure to provide the necessary financing resources to cover accumulated losses in the past and the expectation that this loss will continue to increase with the Collective Labour Agreements to start on 01.04.2025, it has been decided to terminate the employment contracts of 152 personnel in the garment expense areas in our factory located in L\u00fcleburgaz District of K\u0131rklareli Province due to the economic conditions explained so far, and to authorize the management to follow up on legal processes and execute transactions.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom.jpg\" alt=\"Ak\u0131n Tekstil, which is alleged to have gone bankrupt, announced that only its garment production was stopped due to economic reasons, while its activities in other areas continued   Image Source: Ak\u0131n Tekstil\" class=\"wp-image-60669\" srcset=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom.jpg 1920w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-768x432.jpg 768w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-1536x864.jpg 1536w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-300x169.jpg 300w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-600x338.jpg 600w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-696x392.jpg 696w, https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-showroom-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><figcaption class=\"wp-element-caption\">Ak\u0131n Tekstil, which is alleged to have gone bankrupt, announced that only its garment production was stopped due to economic reasons, while its activities in other areas continued   Image Source: Ak\u0131n Tekstil<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Our Board of Directors Decision dated 16.12.2024, to prevent our Company\u2019s legitimate interests from being harmed and our investors from being misled, it has been decided to postpone the public disclosure of insider information within the scope of Article 6 titled \u201cPostponement of Public Disclosure of Insider Information\u201d of the Capital Markets Board\u2019s Communiqu\u00e9 on Special Circumstances (II-15.1) by taking into consideration the issues of keeping this information confidential and taking the necessary measures regarding the confidentiality of the information. At this point; Since the reasons for the postponement of public disclosure of insider information have been eliminated, this statement has been made.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the news in the media that Ak\u0131n Tekstil, one of the long-established companies in the industry, had gone bankrupt, the company denied the allegations in its statement to the Public Disclosure Platform (KAP). The statement included the following: \u201cThe news in some press and publications regarding our statement we made on the Public Disclosure [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":60667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[10369,12450],"class_list":{"0":"post-60671","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-textile-news-en","9":"tag-topical"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ak\u0131n Tekstil announces it has only stopped garment production - Textilegence<\/title>\n<meta name=\"description\" content=\"Following the news in the media that Ak\u0131n Tekstil, one of the long-established companies in the industry, had gone bankrupt, the company...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.textilegence.com\/en\/akin-tekstil-announces-it-has-only-stopped-garment-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ak\u0131n Tekstil announces it has only stopped garment production\" \/>\n<meta property=\"og:description\" content=\"Following the news in the media that Ak\u0131n Tekstil, one of the long-established companies in the industry, had gone bankrupt, the company denied the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.textilegence.com\/en\/akin-tekstil-announces-it-has-only-stopped-garment-production\/\" \/>\n<meta property=\"og:site_name\" content=\"Textilegence Magazine and Digital Platform\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-24T07:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-25T08:56:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2024\/12\/Akin-tekstil-luleburgaz-fabrika.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ya\u011fmur Melis \u015eim\u015fek\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/textilegence\" \/>\n<meta name=\"twitter:site\" content=\"@textilegence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ya\u011fmur Melis \u015eim\u015fek\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/\"},\"author\":{\"name\":\"Ya\u011fmur Melis \u015eim\u015fek\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#\\\/schema\\\/person\\\/cfa6baf17f0478131c673c93a9b88ef3\"},\"headline\":\"Ak\u0131n Tekstil announces it has only stopped garment production\",\"datePublished\":\"2024-12-24T07:13:00+00:00\",\"dateModified\":\"2024-12-25T08:56:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/\"},\"wordCount\":460,\"publisher\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Akin-tekstil-luleburgaz-fabrika.jpg\",\"keywords\":[\"textile news\",\"topical\"],\"articleSection\":[\"Topical\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/\",\"url\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/akin-tekstil-announces-it-has-only-stopped-garment-production\\\/\",\"name\":\"Ak\u0131n Tekstil announces it has only stopped garment production - 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