VESTEL GROUP CORPORATE PROFILE

Founded in 1984 and acquired by Zorlu Group in 1994, Vestel is today a global group of companies comprising a total of 27 companies, of which 16 are located abroad. Vestel offers consumers a wide product range, which includes consumer electronics, major household appliances, digital and mobile products, small home appliances and LED lighting products.

With its approximately 19,000 employees, production capacity built on advanced technology and contribution to country’s exports, Vestel represents an important source of power for the Turkish economy. Established over a 1.3 million m2 area in Manisa, Vestel’s manufacturing base Vestel City is one of the largest single-site industrial manufacturing complexes in Europe.

Thanks to its manufacturing capabilities, quality production and strong R&D and innovation capacity, Vestel is a market driver not only in Turkey but also in global markets and is also Turkey’s symbol and pride with its technology exports to the world.

Vestel in numbers:

  • One of the world’s leading ODM (Original Design Manufacturer) manufacturers in consumer electronics and household appliances.
  • Second largest producer of the LCD TV market in Europe and one of the top five manufacturers of the white goods market.
  • Market leader in TVs and third largest player in household appliances in Turkey.
  • Producer of Turkey’s first locally designed and manufactured smartphone, Venus.
  • Exports its products to 157 countries around the world.
  • Accounts for approximately 90% of Turkey’s total TV exports and 33% of Turkey’s total white goods exports.
  • Turkey’s export leader in the electronics sector for the last 22 years.
  • Among the most recognized brands in Turkey.
  • One of the Turkish companies that spend the most on R&D in the world.