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Vestel Elektronik Sanayi ve Ticaret AS (VESTL.IS)

VESTL.IS on Istanbul Stock Exchange

8.64TRY
24 May 2018
Change (% chg)

0.05TL (+0.58%)
Prev Close
8.59TL
Open
8.67TL
Day's High
8.74TL
Day's Low
8.37TL
Volume
5,739,475
Avg. Vol
12,843,095
52-wk High
12.49TL
52-wk Low
6.66TL

Latest Key Developments (Source: Significant Developments)

Vestel Elektronik To Use State Incentives For Battery Factory And Electric Car Investments
Tuesday, 10 Apr 2018 02:32am EDT 

April 10 (Reuters) - VESTEL ELEKTRONIK ::TO USE STATE INCENTIVES FOR BATTERY FACTORY AND ELECTRIC CAR INVESTMENTS.  Full Article

Vestel Elektronik Sanayi FY 2017 Net Profit Slumps To 55.1 Mln Lira
Friday, 9 Mar 2018 10:30am EST 

March 9 (Reuters) - VESTEL ELEKTRONIK SANAYI ::FY 2017 NET PROFIT OF 55.1 MILLION LIRA VERSUS 167.7 MILLION LIRA YEAR AGO.FY 2017 REVENUE OF 12.10 BILLION LIRA VERSUS 9.54 BILLION YEAR AGO.  Full Article

Vestel Elektronik Says Zorlu Holding Signs Pre-Contract Worth $4.50 Bln With Chinese GSR Capital
Monday, 26 Feb 2018 01:55am EST 

Feb 26 (Reuters) - Vestel Elektronik ::CONTROLLING SHAREHOLDER ZORLU HOLDING SIGNS PRE-CONTRACT WORTH $4.5 BILLION WITH CHINESE GSR CAPITAL.PLANS TO SET UP ELECTRICAL CAR AND BATTERY FACTORY WITH GSR CAPITAL AT 50 PERCENT-50 PERCENT PARTNERSHIP.START TO SET UP BATTERY ASSEMBLY AND PACKING FACILITY WITH 2,000 MW CAPACITY WITHIN 2018.PLANS TO COMPLETE FULL SCALE BATTERY PRODUCTION FACTORY WORTH $2.50 BILLION UNTIL 2023.  Full Article

Vestel Elektronik Its 94.6 Pct Unit Vestel Beyaz Esya Not To Acquire Dongbu Daewoo Electronics
Thursday, 15 Feb 2018 02:20am EST 

Feb 15 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET ::ITS 94.6 PERCENT UNIT VESTEL BEYAZ ESYA NOT TO ACQUIRE DONGBU DAEWOO ELECTRONICS.  Full Article

Vestel Elektronik Unit Vestel Beyaz Esya Makes Binding Offer To Fully Acquire Dongbu Daewoo
Friday, 22 Dec 2017 07:49am EST 

Dec 22 (Reuters) - VESTEL ELEKTRONIK ::ITS 94.6 PERCENT-OWNED UNIT VESTEL BEYAZ ESYA MAKES BINDING OFFER TO FULLY ACQUIRE SOUTH KOREAN-BASED WHITE APPLIANCES FIRM DONGBU DAEWOO ELECTRONICS CORPORATION.  Full Article

Vestel Elektronik's bid for Toshiba Visual Solutions declined
Wednesday, 15 Nov 2017 07:00am EST 

Nov 15 (Reuters) - VESTEL ELEKTRONIK ::ITS OFFICIAL BID FOR ACQUIRING TOSHIBA VISUAL SOLUTIONS CORPORATION DECLINED BY TOSHIBA CORPORATION .THE BRAND LICENSE AGREEMENT BETWEEN WHOLLY OWNED UNIT VESTEL TICARET AND TOSHIBA VISUAL SOLUTIONS CORPORATION IS STILL IN EFFECT.  Full Article

Vestel Elektronik's shareholder Zorlu Holding is potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 08:24am EDT 

Nov 2 (Reuters) - VESTEL ELEKTRONIK ::ITS CONTROLLING SHAREHOLDER ZORLU HOLDING IS POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT.ZORLU HOLDING SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.TURKEY'S AUTOMOTIVE PROJECT IS COORDINATED BY MINISTRY OF SCIENCE INDUSTRY AND TECHNOLOGY AND TURKISH UNION OF CHAMBERS AND COMMODITY EXCHANGES .  Full Article

Vestel Elektronik Q3 net result turns to loss of 57.1 mln lira YoY
Monday, 30 Oct 2017 11:15am EDT 

Oct 30 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::Q3 NET LOSS OF 57.1 MILLION LIRA VERSUS PROFIT OF 90.0 MILLION LIRA YEAR AGO.Q3 REVENUE OF 2.89 BILLION LIRA VERSUS 2.12 BILLION YEAR AGO.  Full Article

Vestel Elektronik bids initial offer to buy South Korean Dongbu Daewoo
Friday, 27 Oct 2017 10:25am EDT 

Oct 27 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::OFFERS TO BUY ALL SHARES OF DONGBU DAEWOO ELECTRONICS CORPORATION.NEGOTIATIONS AND EVALUATIONS ARE CONTINUING WITH SELLERS BEFORE THE FINAL BIDDING.  Full Article

Vestel Elektronik secures $120.0 million equivalent syndication credit
Thursday, 28 Sep 2017 02:54am EDT 

Sept 28 (Reuters) - VESTEL ELEKTRONIK SANAYI VE TICARET AS ::SAID ON WEDNESDAY SIGNED CREDIT AGREEMENT WITH 6 INTERNATIONAL BANK TO SECURE $120 MILLION EQUIVALENT SYNDICATION CREDIT.THE CREDIT IS WITH VARIOUS RATES 2 YEARS GRACE PERIOD AND 5 YEARS MATURITY.THE CREDIT TO BE USED IN THE FIRST WEEK OF OCTOBER.  Full Article