Founded in 1955, Arçelik A.Ş. is a global consumer durables and consumer electronics company headquartered in İstanbul,Turkey. Arçelik A.Ş. belongs to the largest conglomerate in Turkey, Koç Group, which is the only Turkish company in Fortune Global 500 list. Arçelik A.Ş. offers products and services in over 100 countries with its 26.000 employees, 15 different production facilities in 6 countries (Turkey, Romania, Russia, China and South Africa, Thailand), sales and marketing offices in 28 countries and 10 different brands (Arçelik, Beko, Grundig, Blomberg, Elektrabregenz, Arctic, Leisure, Flavel, Defy and Altus). Maintaining its leadership in white goods, air conditioners and TVs in Turkey, Arçelik is the third largest company in its industry in Europe. Arçelik holds more than one third of the international patent applications to WIPO (World Intellectual Property Organization) that are originating from Turkey and ranked at the 95th place on Patent Cooperation Treaty filing companies listed by the WIPO globally. Arçelik’s vision "Respects the Globe, Respected Globally", which takes strength from geographical and cultural diversity, focuses on the importance of becoming an ever-growing global brand, manufacturing products that are environmentally-friendly, innovative and that provide higher standards of life by using natural resources effectively. Arçelik considers its human resources a very significant asset in reinforcing the company’s global competitive position.