Arçelik
Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko and Grundig.
| Company type | Anonim Şirket |
|---|---|
Traded as | BİST: ARCLK |
| Industry | Consumer electronics, Home appliances |
| Genre | Electronics |
| Founded | 1955 |
| Founder | Vehbi Koç |
| Headquarters | Golden Horn, Sütlüce, Beyoğlu, Istanbul |
Area served | Worldwide |
Key people | Rahmi Koç (Chairman) Hakan Bulgurlu (CEO) |
| Products | TV sets, refrigerators, washing machines, vacuum cleaners, air conditioners, DVD players, Blu-ray players, home cinema systems, movie projectors, laptops, CD and DVD drives, computer monitors |
| Revenue | € 6.5 billion (2021) |
| € 484 million (2021) | |
Net income | € 311 million (2021) |
| Total assets | € 5.8 billion (2021) |
| Total equity | € 1.4 billion (2021) |
Number of employees | about 40,000 |
| Parent | Koç Holding |
| Website | www |
The company engages in the production, marketing and after-sale services of durable goods and their components. Its products include white goods (such as refrigerators, freezers, washing machines, dishwashers) and small home appliances (such as 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 USD 24.9 billion in consolidated revenues in the first half of 2023, 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 BSH Hausgeräte, Electrolux and Indesit.
It has been reported that as of April 2024, the company will continue its activities in the global market under the name Beko Corporate.