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vestel elektronik sanayi (VESTL) Details

Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi provides televisions, white goods, and digital products under the Vestel brand name worldwide. The company operates in three segments: Television and Electronic Devices, White Goods, and Other. It offers tablet PCs, digital LED information screens, various LED TVs, IP-based interactive TVs, videowall units, transparent LCD monitors, Android-based set-top box platforms, over the top set-top boxes, and IP and TV set-top boxes, as well as Smart home platform solutions and Smart center application services. The company also provides refrigerators, washing machines, cookers, dishwashers, air-conditioners, and water-heaters, as well as washer-driers; and LED bulbs, spot lamps, tubes, panel lighting products, and embedded fixtures. In addition, it offers ODM services. The company serves its customers through a network of approximately 1,160 Vestel stores, 14 Vs outlets, 726 Regal dealers, an E-Store for online sales, 331 authorized service centers, and 15 central services, as well as 2,750 sales points. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi was formerly known as Star Elektronik Sanayi ve Ticaret A.S. The company was founded in 1983 and is headquartered in Istanbul, Turkey. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Zorlu Holding A.S.

Founded in 1983

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vestel elektronik sanayi (VESTL) Key Developments

Vestel Mulls Partner

Vestel Elektronik Sanayi Ve Ticaret AS (IBSE:VESTL) is seeking partner. Vestel, has announced that it is seeking local trade partners to drive the expansion of its product portfolio across markets in Africa. Vestel Elektronik Sanayi Ve Ticaret said, "Vestel would like to manufacture for the registered brand of its potential trade partners. Moreover, they will be also very glad if we hear potential trade partners' ideas for the goal of developing collaboration."

YuMe, Inc. Forms Exclusive Partnership with Vestel, Launches with Brand Campaign from O2

YuMe, Inc. has struck an exclusive partnership with Vestel and launched with a major branding campaign for O2. The campaign debuts YuMe Captivate, a new ad unit designed specifically for Connected TV (CTV). In addition to premiering the YuMe Captivate ad unit on CTVs, O2 is also the European brand to run on Vestel's Smart TVs, due to an exclusive partnership between YuMe and Vestel. The agreement with Vestel, who designs the TV experience for brands such as Telefunken and Finlux (UK), enhances YuMe's CTV video offering in Europe and complements their current partnerships with Samsung and Toshiba. The O2 CTV campaign, which runs from October to November, is centered on driving awareness that O2 is a provider and facilitator of smart tech including connected devices such as tablets, smartphones and wearables. O2's media agency ZenithOptimedia, has chosen YuMe's Captivate CTV unit to adapt their TV ad creative for Connected TV viewing. The campaign delivers a seamless message across screens adding additional branding elements to maximise engagement through the Connected TV experience.

Vestel Elektronik Sanayi ve Ticaret Reports Earnings Results for the Nine Months of 2014

Vestel Elektronik Sanayi ve Ticaret reported earnings results for the nine months of 2014. For the period, the company made net profit of TRY 84.3 million ($33 million/€30 million) from a net loss of TRY 84.6 million a year ago. Operating profit surged 168% to TRY 309 million. Revenue grew 25% to TRY 5.49 billion. Sales abroad accounted for 70% of the total revenue. Sales volume increased 12% and production volume rose 7.0% in the period under review.


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