Vestel

Vestel Elektronik Sanayi Ve Ticaret A.Ş.
Anonim Şirket
Traded as BİST: VESTL
Industry Appliances
Founded 1984
Headquarters Manisa, Turkey
Key people
Turan Erdogan, (CEO)
Ahmet Nazif Zorlu (Chairman)
Products Major appliances
Revenue Increase 9.54 billion lira (2016)
Increase TL 184.76 Million (2016)
Number of employees
15,371
Website www.vestel.com

Vestel is a Turkish home and professional appliances manufacturing company consisting of 18 companies specialised in electronics, major appliances and information technology. Vestel's headquarters and production plant are located in Manisa, while the company's parent conglomerate is the Istanbul based Zorlu Holding.

Vestel, together with its subsidiary brands has a significant share in the European market of consumer electronics and home appliances, in particular TV sets.[1] As of 2006, Vestel was the largest TV producer in Europe with more than 8 million units sold, accounting for a quarter of the European market.[1] Vestel also has a subsidiary brand Vestfrost, used for white goods sold in the Nordic countries. In 2014, Vestel entered the smartphone market.

Subsidiary brands

See also

References


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