Turkey's Ukra İnşaat requests a delay in bankruptcy proceedings

Ukra İnşaat, a Turkish construction firm that has made a name with commercials starring actors of the famous Turkish TV series “Valley of the Wolves,” has requested a delay in bankruptcy proceedings amid reports that the company overspent in promotion campaigns. A...
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Turkey's Ukra İnşaat requests a delay in bankruptcy proceedings



Balkans.com Business News Correspondent - 18.01.2013

Ukra İnşaat, a Turkish construction firm that has made a name with commercials starring actors of the famous Turkish TV series “Valley of the Wolves,” has requested a delay in bankruptcy proceedings amid reports that the company overspent in promotion campaigns.

A court has passed an injunction protecting the company against its creditors, while the Istanbul-based firm’s request to delay bankruptcy will be considered after the current legal process, Hurriyet Daly News report.

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