Why don’t we see “Ulusoy Turizm”, one of the most famous bus companies, on the road anymore?
December 24, 2023
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Ulusoy, whose foundations were laid as a result of a natural disaster, It was one of the oldest transport companies. It was also a preferred brand for passengers.
Ulusoy, whose foundations were laid as a result of a natural disaster, It was one of the oldest transport companies. It was also a preferred brand for passengers. But they disappeared for a few years.
Ulusoys interesting story about its origins and the reason why we don’t see it on the roads anymore. Let’s take a closer look at that.
From a natural disaster to the transport sector…
Ulusoy Ticaret Yatırımlar Holding, whose foundations were laid by Hacı Mehmet Bahattin Ulusoy, was founded in 1937 between Of and Trabzon. transporting passengers and freight was active.
The story of its origins was also quite interesting. Hacı Mehmet, to help the people in the region who are struggling with transportation due to the natural disaster in the Black Sea. He had built a raft. He then continued sea transport.
This is how he took his first step in the transport sector. It has grown itself by continuing passenger transport for years and in the sector One of the most important brands in Turkey took his place as one.
The company’s assets were divided among three brothers.
Saffet Ulusoy
It was given holding company status in 1995 and continued passenger transport in this way. In 2008, the company’s shares were transferred to the sons of Hacı Mehmet Bahattin Ulusoy. It was divided into three in the name of Yılmaz, Cemal and Saffet.
With this division, the brand usage rights for the entire bus group were left to Saffet Ulusoy and The “Ulusoy” brand cannot be transferred to any person or institution, became clear. However, Seffat Ulusoy passed away in 2012 and his legacy is; He left it to his wife, daughters and former TFF president Haluk Ulusoy.
Saffet Ulusoy’s wife, Sevim Ulusoy, filed a lawsuit against the company established under the name “Ulusoy Transportation Petrol Industry”.
“Ulusoy Transportation Petrol Industry”, founded by businessmen Emre Baştuğ and Murat Teksöz, For selling tickets under the name Ulusoy without permission A lawsuit was filed. However, as Ulusoy Travel could not overcome its financial problems, the naming rights were transferred to “Ulusoy Transportation”.
In 2017, Ulusoy Travel went bankrupt.
On June 15, 2017, the company entered the liquidation process worth 65 million 250 thousand TL. Lawyers say they have no debt; Profitability depending on the season is not taken into account he claimed.
Later, his vast land in Bahçelievler was put up for sale and some of his buses were also put up for sale. inspectors As a result of the quarterly evaluation Although the lawyers tried to resist, the court decided to shutter the company.
Ulusoy Transportation, which acquired the company’s naming rights and continued operations, also published an announcement, but it could not be said that they were also doing well.
Same way, Bad news was coming for Ulusoy Transportation. When the calendar showed February 20, 2019, they officially went bankrupt. This is how one of Turkey’s most established land transport brands was buried in history.
Sources: Ulusoy, Independent Turkish, Sözcü
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.