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.
 | |
| Company type | Anonim Şirket |
|---|---|
| BİST: VESTL | |
| Industrie | Consumer Electronics, Home Appliances, Information Technology |
| Gegründet | 1984 |
| Hauptsitz | Manisa, Turkey |
Key people | Turan Erdogan (CEO) Ahmet Nazif Zorlu (Chairman) |
| Produkte | Televisions, Major Domestic Appliances, Digital Signage Displays, Smartphones |
| Revenue |  $3.296 billion (2018)[1] |
| $77 million (2018)[2] | |
Number of employees | 15,371 |
| Website | www.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.[3] 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.[3] Vestel also has a subsidiary brand Vestfrost, used for white goods 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, Panasonic and many own brand labels.