A well-established jeweler exporting to 30 countries files for bankruptcy

İnci Kuyumculuk A.Ş., one of Türkiye's leading jewelry companies, and its affiliate, Maya Dizayn Kuyumculuk A.Ş., have entered financial difficulties and are on the verge of bankruptcy. The company has filed for bankruptcy. The Bakırköy 3rd Commercial Court of First Instance has granted a three-month temporary stay for both companies.

ALL PROCEEDINGS AND LIEN PROCEDURES OF COMPANIES HAVE BEEN SUSPENDED

The court decision stated that İnci Kuyumculuk and Maya Dizayn Kuyumculuk applied for composition under the relevant articles of the Enforcement and Bankruptcy Law, and that a temporary reprieve was granted after the documents were determined to be complete. According to Murat Beyaz from Sözcü, all enforcement and seizure proceedings were suspended during this period to protect the companies' assets. Furthermore, three temporary composition commissioners were appointed to assess the success of the composition.

According to the decision, creditors can object to the decision by submitting a petition within seven days of the announcement. The case file was filed under docket number 2025/782, and the preliminary examination and first inquest hearing were scheduled for December 11, 2025.

OVER 30 YEARS OF EXPERIENCE IN THE JEWELRY INDUSTRY

Founded in 1992, İnci Kuyumculuk is recognized as one of Türkiye's leading gold jewelry manufacturers, boasting an annual production capacity of 600 kilograms and a variety of over 5,000 products. The company adds approximately 150 new models to its product range each month, attracting attention with its design prowess. Standing out with its investments in production technologies such as stamping, casting, and CNC, İnci Kuyumculuk has exported to over 30 countries to date.

Maya Dizayn Jewelry, part of the group, has been involved in the industry with its marketing activities since 2006. With a product range of approximately 100,000, the company represented the Turkish jewelry industry globally as a regular participant in international fairs.

Source: Sözcü