Profile: Arcelik A.S. (ARCLK.IS)

Arcelik A.S. is a Turkey-based household appliances manufacturer. The Company is engaged in the production and marketing of durable goods, allied components and consumer electronics, as well as in the provision of after-sale services. Its products include white goods, electronic products, small home appliances and kitchen accessories, including refrigerators, freezers, washing machines, dishwashers, vacuum cleaners, television and music sets, coffee makers and blenders. Arcelik A.S. serves in more than 100 countries, including China and the United States, through its international subsidiaries and over 4,500 branches in Turkey. The Company operates 11 production plants in Turkey, Romania, Russia and China, including refrigerator, washing machine, dishwasher, cooking appliances and components plants. It offers products under its 10 brands, including Arcelik, Beko, Altus, Blomberg, Arctic, Leisure, Arstil, Grundig, Elektra Bregenz and Flavel. Arcelik A.S. is a subsidiary of Koc Holding.