Vestel Elektronik
Encyclopedia
Vestel is one of Turkey
’s largest home and professional appliances manufacturing companies consisting of 18 companies specialised in electronics
, major appliances
and information technology
, which was formed by Turkish Cypriot Asil Nadir
in 1975.
Vestel, together with its subsidiary brands such as Techwood, has a significant share in the European market of consumer electronics and home appliances, in particular TV sets. Vestel also has a subsidiary brand Vestfrost
, which is popular in the Nordic countries
.
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
’s largest home and professional appliances manufacturing companies consisting of 18 companies specialised in electronics
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...
, major appliances
Major appliance
A major appliance, or domestic appliance, is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, or food preservation, whether in a household, institutional, commercial or industrial setting...
and information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, which was formed by Turkish Cypriot Asil Nadir
Asil Nadir
Asil Nadir is a Turkish Cypriot businessman, who was Chief executive of Polly Peck, which he took over as a small textile company, growing it during the 1980s to become one of the United Kingdom's top 100 FTSE-listed companies, with interests in consumer electronics, fruit distribution and packaging...
in 1975.
Vestel, together with its subsidiary brands such as Techwood, has a significant share in the European market of consumer electronics and home appliances, in particular TV sets. Vestel also has a subsidiary brand Vestfrost
Vestfrost
Vestfrost or Vestfrost Household is a Danish manufacturer of major appliance. The Company is based in Esbjerg, Denmark. Since 1963 they have sold more than 12 million refrigerators and freezers. In 2008 Vestfrost was bought by the Turkish appliance manufacturer Vestel, in year 2006 they had more...
, which is popular in the Nordic countries
Nordic countries
The Nordic countries make up a region in Northern Europe and the North Atlantic which consists of Denmark, Finland, Iceland, Norway and Sweden and their associated territories, the Faroe Islands, Greenland and Åland...
.