The story of Alaska, which we know with its ice cream called Alaska Frigo, is actually By Kazım Ateş and his sons It starts with a loom operated in Istanbul.

This ice cream flavor, first produced in 1953, fascinates the people of Istanbul. After a while Turkey’s most popular ice cream brand The first step of the journey that will result in the brand’s most popular product, Frigo, is seen as the most fun addition to the ten-minute breaks given mainly in the lounges.

In the following years, a modern production facility was established and the industry in Alaska began to grow further.

Founded in 1976 in Sefaköy, Istanbul production facility It significantly increases Alaska’s production capacity.

Until the 1990s, Alaska had its sector in Turkey. both his first and greatest player knows to be.

One of the largest players in the market in the early 1990s From Algida With the entry into the Turkish market, competition is increasing rapidly.

Algida, a brand of a giant company like Unilever, has launched the local brand Alaska with its high-quality production technology and strong financial support. with heavy competition confronts.

In 1997, Alaska began to experience serious financial problems.

These efforts by Alaska, which is trying to find a solution to its financial problems with foreign-made loan agreements, expected effect does not matter.

In case of terminated loan agreements an even bigger financial problem Although Alaska is trying to solve these problems with internal resources and various lease agreements, the rapidly increasing debts are putting the company in a very difficult situation.

Because of these problems, Alaska had to stop production and in 1997, the enforcement processes began with the lawsuit filed by a company called Tekşem for a debt of 9 billion liras.

Alaska, known to have a total debt of $2 billion to the market, could face much bigger problems in the future.

Asset management company founded by Lehman Brothers and Finansbank after the company’s debts were transferred to SDIF To RCT Group transferred.

But after the collapse of Lehman Brothers to show an aggressive attitude Asset managers are demanding many times the existing debt, putting Alaska, which has already put its factory up for sale, in an even more difficult situation.

So much that Your debt of 120.00 lira is 1,800,000 lira. It is stated that they are trying to collect and that these debts belong to Demirbank and Esbank, which have been seized.

In this direction this object to the debts and the sale of the factory The company owners indicate that it will make a strong comeback in the sector in 2011 with a new partnership.

However, in 2014, Alaska It was bought by Eti.

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