Company Insights Arçelik Manufacturing Arçelik Overview Arçelik is a Turkish multinational manufacturer of household appliances. The company produces durable goods and their components. Its products include white goods, such as refrigerators, freezers, washing machines and dishwashers, and small home appliances. Arçelik was founded by Lütfü Doruk in partnership with Vehbi Koç in 1955. Arçelik produced its first washing machine in 1959 and its first refrigerator in 1960 at its manufacturing plant in Çayırova, Istanbul. The company is controlled by Koç Holding, Turkey’s largest industrial and services group. It went public on Borsa Istanbul in 1986. Arçelik has a presence in more than 100 countries, including China and the United States through its 13 international subsidiaries. It also has more than 4,500 branches in Turkey. The company operates 15 production plants in Turkey, Romania, Russia, China, South Africa and Thailand. Arçelik News Manufacturing Turkey’s Beko to cut jobs in Italy over underperformance Beko, a Turkish white goods and electronic brand owned by manufacturer Arcelik, is to reduce its workforce in Italy by nearly half amid mounting industry challenges and financial underperformance. The company will lay off 1,935 of 4,440 employees, Reuters reported, citing a statement issued by Italy’s industry ministry, the FIM, FIOM, UILM and UGLM trade […] November 22, 2024 Manufacturing Beko starts work on $100m home appliance plant in Egypt Beko Egypt, a subsidiary of Turkey-based Arcelik, has laid the foundation stone for a new $100 million home appliance plant in Egypt’s 10th of Ramadan Industrial Zone, the company said in a statement. The investment is expected to boost the regional economy by creating more than 2,000 jobs. In addition, the factory will develop local […] December 11, 2022 Posts navigation
Manufacturing Turkey’s Beko to cut jobs in Italy over underperformance Beko, a Turkish white goods and electronic brand owned by manufacturer Arcelik, is to reduce its workforce in Italy by nearly half amid mounting industry challenges and financial underperformance. The company will lay off 1,935 of 4,440 employees, Reuters reported, citing a statement issued by Italy’s industry ministry, the FIM, FIOM, UILM and UGLM trade […] November 22, 2024
Manufacturing Beko starts work on $100m home appliance plant in Egypt Beko Egypt, a subsidiary of Turkey-based Arcelik, has laid the foundation stone for a new $100 million home appliance plant in Egypt’s 10th of Ramadan Industrial Zone, the company said in a statement. The investment is expected to boost the regional economy by creating more than 2,000 jobs. In addition, the factory will develop local […] December 11, 2022
