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Corporate Governance
 Company Profile
A leading designer and manufacturer of a broad range of white goods
Refrigerators, washing machines, air-conditioners, ovens and dishwashers
Capitalising on Vestel Group's past experience and reputation in consumer electronics
Revenues and net earnings of USD906mn and US$57mn in 2007
Focusing on export growth by providing value added OEM/ODM services to customers in Europe
Manufacturers
Retailers
Distributors
Strong brand name and market position at home
Market share ranging between 15%-18% for various white goods products in the domestic market
Operates through 1,250 dealers & 600 dedicated after sales service points in the domestic market
While Vestel Group's ten offices located across Europe provide proximity to major export customers
Recently-built, state-of-the-art manufacturing facility
All products manufactured in a single complex covering 275,000sqm; construction commenced in 1997 (In Manisa, nearby Izmir Port)
Employed approximately 4,220 staff, 189 of which were R&D personnel, at the end of 2007
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