With campaigns geared towards sports, Turkish television manufacturers have conquered the European market. While Arçelik Grundig has sat itself in third place in Germany, with the aid of the Bundesliga, Vestel has caught on to a 70 percent growth. The coinciding of the German Bundesliga with both the European Cup and the Olympic Games, has worked to Turkish television producers' benefit. With their brand in ...

Turkish-run firm gets $212.5 mln from NASA NASA has granted $212.5 million to the Sierra Nevada Corporation (SNC), owned by Turkish couple, Eren and Fatih Özmen, to support the firm’s space-taxi project “Dream Chaser.” Sierra Nevada is one of three companies NASA has chosen to support with a total fund of $1.1 billion. The other two companies are airplane manufacturer Boeing and SpaceX (Space Exploration Te ...

Indesit develops new refrigerator technology at Turkish plant The research and development (R&D) department of Indesit Turkey has succeeded in developing a new cooling technology that keeps the contents of a refrigerator fresh for a period much longer than those of traditional fridges. Italian home appliances manufacturer’s largest production plant in Europe is in Turkey. The plant in the Aegean provinc ...

Indesit to focus on emerging markets, plans strong growth in Turkey Italian white goods producer Indesit has announced plans to expand its presence and market share in Turkey, the second fastest growing economy in the world. Indesit’s future plans are based on organic growth in emerging economies such as Turkey, Indesit’s Commercial Area Director Central and Eastern Europe, Michele Casamassima said in a pre ...

The white goods sales in Turkey grew 18.4 percent in August, data shows. DAILY NEWS photo, Hasan ALTINIŞIK.Turkey’s domestic market white goods sales rose 18.4 percent in August compared to the same period last year, according to data released yesterday by the White Goods Suppliers Association (BEYSAD). The production of white goods in Turkey rose 7.7 percent in the first eight month of the year compared to ...

Development Minister Cevdet Yilmaz announced yesterday that Turkey has received more EU funds from a special budget allocated for the development of information and technology than it contributed in 2011. Attending a awards ceremony for the projects that will be endorsed under the Information and Communication Technologies Policy Support Program (ICT-PSP) yesterday at the Ankara Vilayetler House, Yilmaz sai ...

Arçelik is the leader of white goods sector in Turkey and among the top three in Europe. It supplies products to more than 100 countries with its sales and marketing organization operating in 18 countries. The product portfolio of the company consists of brands such as ARÇELİK, BEKO, GRUNDIG, ALTUS, BLOMBERG, ELEKTRA BREGENZ, LEISURE, FLAVEL and ARSTIL. Its brand BEKO ranks in the top 10 best selling white ...