%0 Journal Article
%T U£¿ak Sugar Factory as a Success of Private Entrepreneurship
%A Fatih Daml£¿ba£¿
%J -
%D 2018
%X Nuri £¿eker founded U£¿ak Sugar Factory in 1926. He targeted to produce Turkish sugar from beet. Thus, he wanted to easily ensure this need of Turkish people. He also planned to provide a regular source of income to poor peasants. He established a company and began to collect capital for the factory. Czechoslovak Skoda firm provide technology to the factory. After inauguration, U£¿ak Sugar Factory met water supply and agricultural pest problem. Nuri £¿eker also had to teach newly sugar beet cultivation to peasants. In contrary to all difficulties, factory started its operations and sugar production was steadily increased. But Nuri £¿eker faced with financial difficulties, because experience years in sugar production increased factory¡¯s debts. As a result of these debts, government decided to liquidate the factory¡¯s company. Nationalization was practiced on 6 August 1931. During the liquidation process, rights of public partners became main argument point. Later, government decided to pay face values of public partners¡¯ shares. Eventually, links of private entrepreneurs were totally severed from U£¿ak Sugar Factory
%K Nuri £¿eker
%K U£¿ak £¿eker Fabrikas£¿
%K pancar ziraat£¿
%K kamula£¿t£¿rma
%K halk hissedarlar£¿n£¿n haklar£¿
%U http://dergipark.org.tr/egetid/issue/41611/502695