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Business and Finance
Globallookpress
Nusrat Gokja
Turkish chef Nusrat Gokja's restaurant, known for its salt, is facing financial difficulties as the restaurant owner is expected to start selling part of his property to repay his accumulated loans.
According to Bloomberg, the debt level of Dugos Holding, the restaurant owner, has reached a very worrying level, rising by 17% last year to 28.6 billion lire (5.2 billion euros). of dollars).
Nusrat's restaurant has many branches around the world, where many celebrities go for delicious steaks.
Like other Turkish companies, the Nisrat restaurant chain is struggling to repay its foreign currency borrowings after the fall of the Turkish lira against the dollar last year, mainly due to a political conflict between Ankara and Washington.
Source: Bloomberg
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