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Wikipedia

Vestel

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 Elektronik Sanayi Ve Ticaret A.Ş.
TypeAnonim Şirket
BİST: VESTL
IndustryConsumer Electronics, Home Appliances, Information Technology
Founded1984
HeadquartersManisa, Turkey
Area served
Europe, Middle East, Central Asia
Key people
Ahmet Nazif Zorlu (Chairman)
Ergun Guler (CEO)
ProductsTelevisions, major appliances, digital signage displays, smartphones
Revenue $3.5 billion (2022)[1]
$302 million (2022)
$67 million (2022)
Total assets $3.4 billion (2022)
Number of employees
20,438
ParentZorlu Holding
Websitewww.vestelinternational.com

Vestel, together with its subsidiary brands has a significant share in the European market of consumer electronics and home appliances, in particular TV sets.[2] 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.[2] Vestel also has a subsidiary brand Vestfrost, used for white goods, and Luxor, used for televisions, sold in the Nordic countries. In 2014, Vestel entered the smartphone market.

Most TVs produced by Vestel are sold under licensed brand names such as Toshiba, Hitachi, Polaroid, JVC, Bush, Alba and many own brand labels.

In 2021, Vestel Customer Services received two awards from the 4th CX Awards Turkey and one award from the Istanbul Marketing Awards.[3]

History edit

 
Vestel, IFA 2018, Berlin

Originally founded in 1984, Vestel has grown realizing its global potential after joining the Zorlu Group in 1994. Having rapidly accumulated market share, Vestel has attained global significance thanks to its flourishing export activity and enormous production capacity.

See also edit

References edit

  1. ^ "Annual Report 2022" (PDF). www.vestelyatirimciiliskileri.com.
  2. ^ a b Businessweek: "The Unknown TV Giant" January 30, 2012, at the Wayback Machine
  3. ^ Gazete, Banka (22 November 2021). "Vestel Müşteri Hizmetleri'ne 3 yeni ödül". Gazete Banka. p. https://gazetebanka.com/. Retrieved 22 November 2021.

External links edit

  • Official website

vestel, turkish, home, professional, appliances, manufacturing, company, consisting, companies, specialised, electronics, major, appliances, information, technology, headquarters, production, plant, located, manisa, while, company, parent, conglomerate, istanb. 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 Elektronik Sanayi Ve Ticaret A S TypeAnonim SirketTraded asBIST VESTLIndustryConsumer Electronics Home Appliances Information TechnologyFounded1984HeadquartersManisa TurkeyArea servedEurope Middle East Central AsiaKey peopleAhmet Nazif Zorlu Chairman Ergun Guler CEO ProductsTelevisions major appliances digital signage displays smartphonesRevenue 3 5 billion 2022 1 Operating income 302 million 2022 Net income 67 million 2022 Total assets 3 4 billion 2022 Number of employees20 438ParentZorlu HoldingWebsitewww vestelinternational comVestel together with its subsidiary brands has a significant share in the European market of consumer electronics and home appliances in particular TV sets 2 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 2 Vestel also has a subsidiary brand Vestfrost used for white goods and Luxor used for televisions sold in the Nordic countries In 2014 Vestel entered the smartphone market Most TVs produced by Vestel are sold under licensed brand names such as Toshiba Hitachi Polaroid JVC Bush Alba and many own brand labels In 2021 Vestel Customer Services received two awards from the 4th CX Awards Turkey and one award from the Istanbul Marketing Awards 3 Contents 1 History 2 See also 3 References 4 External linksHistory edit nbsp Vestel IFA 2018 BerlinOriginally founded in 1984 Vestel has grown realizing its global potential after joining the Zorlu Group in 1994 Having rapidly accumulated market share Vestel has attained global significance thanks to its flourishing export activity and enormous production capacity See also editZorlu Holding List of companies of TurkeyReferences edit Annual Report 2022 PDF www vestelyatirimciiliskileri com a b Businessweek The Unknown TV Giant Archived January 30 2012 at the Wayback Machine Gazete Banka 22 November 2021 Vestel Musteri Hizmetleri ne 3 yeni odul Gazete Banka p https gazetebanka com Retrieved 22 November 2021 External links editOfficial website Retrieved from https en wikipedia org w index php title Vestel amp oldid 1188296475, wikipedia, wiki, book, books, library,

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