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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 USD974mn and US$24mn in 2008
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 10%-15% for various white goods products in the domestic market
Operates through 1,050 excl. Vestel dealers and 1,400 Regal dealers (650 of which is excl.) and & 400 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 311,799 sqm; construction commenced in 1997 (In Manisa, nearby Izmir Port)
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