Vestel International is a privately owned Turkish company founded in 1984. Employing approximately 240 people, it manufactures a diverse range of consumer electronics and household appliances. Its product portfolio includes televisions, refrigerators, dishwashers, washing machines, cooking appliances, air conditioners, water heaters, smart home and IoT solutions, electric vehicle chargers, smartphones, educational and professional screen solutions, and LED lighting.

Revenue

Founded

1984

Headcount

233

Headquarters

Turkey

Primary Segment

Computers and Electronics Manufacturing

Ownership

Privately Owned

News Summary:

Vestel faces shrinking production, weaker sales, and a rising gross debt burden, reaching ₺147.59 billion ($3.57 billion) in 2025, prompting a long-term restructuring plan to address technological change, shifting consumer demand, and global competition. The company showcased WaterBox technology in its dishwashers, featuring 5-liter water consumption per cycle and a Heat Pump system with 30% lower energy consumption than the top A energy class. Additionally, Vestel Ventures participated in a strategic investment round for D•engage, a technology company focused on brand-customer engagement. Finally, Vestel partnered with Roku to manufacture smart TVs powered by Roku's operating system, beginning with the Finlux brand in the UK and planning future expansion to other brands.

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Vestel International offers products in the media and telecoms services industry. Vestel International's product portfolio comprises of consumer electronics.
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Examples of Vestel International's suppliers include Aptitude Software, Foxxum and TiVo.

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