Bimeks, founded in 1989 and quickly becoming one of the pioneers of the sector, started its commercial activities with in a small shop It had started.

Later, with the successful steps he made, he became Turkey’s leader in his sector. one of the pioneers He managed to become one and quickly stood up.

So much so that it showed everyone what a big player it was by buying up its competitors one by one, and in 2013 it acquired a British brand, Electro World and Darty had bought it.

But this increase came to a halt and unfortunately the difficult process of Bimeks began…

Although Bimeks is known as one of the leading technology retailers in Turkey, it has encountered difficulties in recent years. financial difficulties It started to come to the fore.

The first step in this process was three years ago, in 2016. foreign credit insurance company It is known that he was deported after he started restricting his activities in Turkey.

Hence the interruption of the credit limits provided to Bimeks’ suppliers about delivering products He started having problems.

The political and economic uncertainties in Turkey in 2016 also had a bad impact on the company.

Especially after the coup attempt of July 15, Bimeks’ financial situation deteriorated.

Because in this period, in our country economic and political uncertainty This affected the opinions of credit rating agencies and reduced confidence in Turkish companies in international markets.

This is an expected outcome for Bimeks, who suffered setback after setback in 2016. termination of syndicate agreement It meant.

Bimeks began to drown in various problems and began to be unable to pay his debts.

Even though Bimeks tried to restructure its debts, this efforts were not enough. Although restructuring agreements were signed with some banks, the company was unable to pay even the restructured debts.

Bimeks, whose loan applications went unanswered, took the last resort He found it in his search for a partner. However, these efforts did not yield the desired results.

After 2018 it started to get worse.

Bimeks, which has more than 200 stores in more than 50 cities, is being phased out gradually closing stores and laying off staff started.

In fact, Bimeks, which was known as the first technology retail company to start trading on Borsa Istanbul in 2019. Removed from Borsa Istanbul and many investors suffered losses for this reason.

In 2021, the company will bankruptcy was declared And so Bimeks’ 32-year adventure ended.

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