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VESTEL Competitors and Similar CompaniesClear all

VESTEL's competitors and similar companies include Arcelik.

	VESTEL Vestel is a producer and distributor of brown and white goods.	Arcelik Arçelik is a producer and marketer of consumer durables and consumer electronics.
Founding Date	Founding Date 1984	Founding Date 1955
Type	Type Public	Type Public
Tags	Tags Manufacturing & Industrial appliances consumer electronics consumer goods lighting	Tags Manufacturing & Industrial appliances consumer electronics consumer goods electronic components electronics
Locations	Locations Istanbul, TR HQ Shenzhen Zhen Shi, CN Rungis, FR Garching Bei München, DE Almaty, KZ Rotterdam, NL Warszawa, PL see more	Locations İstanbul, TR HQ
Employees	Employees 19,509	Employees 53,401
Financial
Revenue (est.)	Revenue (est.) ₺138.2b (FY, 2025)	Revenue (est.) ₺523.9b (FY, 2025)
Cost of goods	Cost of goods ₺115.8b (FY, 2025)	Cost of goods ₺363.1b (FY, 2025)
Gross profit	Gross profit ₺23.3b (FY, 2025)	Gross profit ₺165b (FY, 2025)
Net income	Net income (₺31.1b) (FY, 2025)	Net income (₺9.8b) (FY, 2025)

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HQ

İstanbul, TR

Employees

53,401

Arçelik is a producer and marketer of consumer durables and consumer electronics.