Vestel promises much more than consumer expectations…
Operating in the fields of consumer electronics, white goods and information technologies, Vestel Group of Companies (Vestel), which is the flagship of Zorlu Group, comprises of 30 companies, 16 of which are abroad.
Being one of the major players in its sector, both in Turkish and international markets, Vestel is also one of the world’s largest manufacturers with its high level of technological and design capabilities.
Vestel carries out its production activities in Manisa, Turkey and Alexandrov, Russia. With an indoor production area of 600,000 m˛ in Manisa, Vestel City is the largest industrial complex in Europe to undertake production activities under a single roof.
Boasting one of the most extensive sales and after-sales service networks in Turkey, Vestel also offers a wide marketing and sales network in Europe through its eight subsidiaries, most of which are located in Western Europe.
As the symbol of Turkey in the field of exporting technology to the world, thanks to its R&D strength and the value it attaches to innovation, Vestel shapes the market not only in Turkey but on a global platform through a manufacturing approach which meets global standards, its innovative and high-quality products and its vision.
Vestel ranks 210th on the list of “world’s largest 250 consumer product companies” according to Deloitte’s report entitled “Global Powers of the Consumer Products Industry in 2011”, based on 2010 consolidated financial figures of listed companies around the world. Moreover, Vestel is among the four fastest growing companies in terms of revenues according to the listing made for the EMEA (Europe, Middle East and Africa) Region.
Vestel Electronics ranked 13th in the ISO’s (Istanbul Chamber of Commerce) “500 Largest Industrial Corporations of Turkey” listing in 2010.
Vestel Elektronik Sanayi ve Ticaret A.Ţ. (Vestel Electronics Industry & Trade Inc) shares have been trading on the Istanbul Stock Exchange (ISE) National Market since 1990 under the VESTL ticker. Furthermore, the Company’s global depositary receipts, which had already been trading on the London Stock Exchange, began trading on the London Over-the-Counter market on January 3rd, 2011. Following the initial public offering undertaken in 2006, 31.5% of the shares in Vestel Beyaz Eţya A.Ţ. (Vestel White Goods Inc) – a subsidiary of Vestel Electronics – began trading on the ISE under the VESBE ticker.
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