Arcelik AS - Company Profile

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Arcelik AS (Arcelik), a subsidiary of Koc Holding AS, manufactures, distributes, markets, sells, exports and imports consumer electronics and consumer durables. The company’s product portfolio includes washing machines, dryers, dishwashers, refrigerators, ovens, cookers, air conditioners, televisions, computers, ventilators, air humidifiers, hair dryers, kitchen gadgets, vacuum cleaners, deep freezers, hoods, water heaters, and stoves. Arcelik markets its products under Arcelik, Beko, Blomberg, Arctic, Grundig, Altus, Flavel, Leisure, Defy, Dawlance, Elektrabregenz, and Voltas Beko brand names. The company operates production facilities in Turkey, China, Pakistan, South Africa, Romania, Russia, Bangladesh and Thailand. It has business presence across Europe, Africa, and Asia-Pacific. Arcelik is headquartered in Istanbul, Turkey.

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Headquarters Turkey

Address Karaagac Caddesi No:2-6 Sutluce Beyoglu, Istanbul, 34445


Telephone 90 212 3143434

No of Employees 41,342

Industry Consumer Packaged Goods

Ticker Symbol & Exchange ARCLK.E (IST)

Revenue (2021) $8.1B 96.4% (2021 vs 2020)

EPS XYZ

Net Income (2021) XYZ 41.1% (2021 vs 2020)

Market Cap* $3.4B

Net Profit Margin (2021) XYZ -28.1% (2021 vs 2020)

* As of and is in US$
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Arcelik AS premium industry data and analytics

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Arcelik AS (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Arcelik AS’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Washing Machines Maintenance, Repair, and Support Arcelik
Dish Washers After Sales Services Beko
Dryers Arctic
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In July, the company launched MARS, an online commerce platform to enhance sales operations and provide a seamless experience for trade partners.
2023 New Products/Services In April, Beko Home Appliances USA launched a new HarvestFresh refrigerator line.
2023 Contracts/Agreements In February, the company and Whirlpool EMEA Holdings LLC entered into a partnership to create a new independent white goods business in Europe.
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Competitor Comparison

Key Parameters Arcelik AS Samsung Electronics Co Ltd LG Electronics Inc Vestel Elektronik Sanayi Ve Ticaret AS De'Longhi SpA
Headquarters Turkey South Korea South Korea Turkey Italy
City Istanbul Suwon Seoul Istanbul Treviso
State/Province - Seoul - - Veneto
No. of Employees 41,342 98,557 37,835 19,525 9,434
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Rahmi M. Koc Chairman Executive Board 1984 -
Hakan Hamdi Bulgurlu Chief Executive Officer; Director Executive Board 2015 -
Ozkan Cimen Chief Financial Officer Senior Management 2022 -
Akin Garzanli Chief Marketing Officer Senior Management - -
Toygan Pulat Chief People Officer Senior Management 2021 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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