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Arçelik

Arçelik A.Ş.
Anonim Şirket
Traded as BİST: ARCLK
Industry Consumer electronics, Home appliances
Genre Electronics
Founded 1955
Founder Vehbi Koç
Headquarters Sütlüce, Istanbul
Area served
Worldwide
Key people
Rahmi Koç (Chairman)
Levent Çakıroğlu (CEO)
Products Computer monitors, televisions, DVD players, Blu-ray players, home Cinema systems
movie projectors, laptops, CD and DVD drives, refrigerators, washing machines, vacuum cleaners, air conditioners
Revenue Increase 3.633 billion (2011)
Increase € 278 million (2011)
Increase € 233 million (2011)
Total assets Increase € 3.764 billion (2011)
Total equity Increase € 1.494 billion (2011)
Number of employees
19,136
Parent Koç Holding
Subsidiaries
Website www.arcelik.com.tr

Arçelik A.Ş. is a household appliances manufacturer from Turkey. The Company engages in the production and marketing of durable goods, components, consumer electronics and after-sale services. Its products include white goods, electronic products, small home appliances and kitchen accessories, such as refrigerators, freezers, washing machines, dishwashers, aspirators, vacuum cleaners, coffee makers and blenders.

Arçelik A.Ş. is active in more than 100 countries including China and the United States through its 13 international subsidiaries and over 4,500 branches in Turkey. The Company operates 15 production plants in Turkey, Romania, Russia, China, South Africa and Thailand including refrigerator, washing machine, dishwasher, cooking appliances and components plants. It offers products under its own Eleven brand names, including Arçelik, Beko, Grundig, Dawlance, Altus, Blomberg, Arctic, Defy, Leisure, Arstil, Elektra Bregenz and Flavel.

The company is controlled by Koç Holding, Turkey’s largest industrial and services group with USD43 billion in consolidated revenues in 2008, and is the market leader in Turkey’s appliance sector with its Arçelik and Beko brands. It is also the fourth largest household appliances company in Europe after Bosch & Siemens Hausgeräte GmbH, Electrolux and Indesit. Its top executives are Aka Gündüz Özdemir, Durable Goods President of the Koç Group, and General Manager Levent Çakıroğlu. Arçelik has been ranked "Number One in the Private Sector" for the 14th time in 19 years in "Turkey’s Top 500 Industrial Corporations" survey that was carried out by the Istanbul Chamber of Industry.

Arçelik was founded in 1955 and entered the Turkish white goods sector by producing its first washing machine in 1959 and its first refrigerator in 1960. In 1968, Arçelik moved to its Çayırova facilities near Istanbul. In the 1970s and 1980s, the company expanded its product range and opened its Eskişehir refrigerator plant in 1975, İzmir vacuum cleaner plant in 1979 and Ankara dishwasher plant in 1993.


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