"Baltalı Group is closing down both of its factories.", 6 June 2025

The crisis in the textile sector has hit another company. The financial crisis experienced by Deniz Tekstil, which is under the umbrella of Baltalı Group, one of Turkey's largest textile companies, has grown...

The company has decided to close its factories in Hocalar, Afyonkarahisar, and Çal, Denizli. It was stated that a total of 650 workers in the two factories would become unemployed due to the closure decision...

In a statement regarding the matter, the Chairman of the Board, Derya Baltalı, announced that the factories were closed due to decreasing orders and economic conditions. Baltalı stated, "If orders increase, we will reopen the facilities we have closed...