Özborsan Boru, Turkey’s major manufacturer of steel pipes and profiles, has demanded bankruptcy. The company, which has been operating for 30 years, has given the court date of October 23 for trial.
Özborsan Boru, Turkey’s leading manufacturer of steel pipes and profiles, has been claimed for bankruptcy. The company, which produces 200 thousand tons annually in the plant located in Ereğli district of Zonguldak, has been operating for more than 30 years.
The bankruptcy case filed by the company was filed at Karadeniz Ereğli 3rd Court of First Instance. The court gave the day to October 23 for the trial.
Özborsan exports 80 percent of its production to countries such as Britain, Ireland, Belgium, America, Oman, Yemen and Iraq.