NEWS

News

Standard and Poor's revised the Outlook of Vestel Elektronik to Positive.

23.01.2012 Read More

The agreement signed regarding Fatih Project's first tender for "interactive board"

10.01.2012 Read More

The partial cancellation bonds issued under the guarantee of Vestel Elektronik Sanayi ve Ticaret A.S.

23.12.2011 Read More

Vestel Elektronik announced CMB results for the quarter ended September 30, 2011.

04.11.2011 Read More

The partial cancellation of US$ 225 mn bonds issued under the guarantee of Vestel Elektronik Sanayi ve Ticaret A.S.

23.09.2011 Read More

Vestel Elektronik announced CMB results for the quarter ended June 30, 2011.

26.08.2011 Read More

Vestel Elektronik announced CMB results for the quarter ended March 31, 2011.

06.05.2011 Read More

Vestel Elektronik announced CMB results for the quarter ended December 31, 2010.

08.04.2011 Read More

ISS Corporate Services affirms Vestel Elektronik's Corporate Governance Rating Score at 8.5.

26.02.2011 Read More

Fitch Ratings affirmed Vestel Elektronik's long-term foreign and local currency Issuer Default Ratings (IDR) at "B", Outlook Stable...

04.02.2011 Read More

Vestel Elektronik was awarded two prizes in the Corporate Governance Award Ceremony

13.01.2011 Read More

Vestel Savunma Sanayi A.Ş. has signed an agreement with Undersecretariat for Defense Industry regarding Development of Tactical Unmanned Aerial Vehicles Project

05.01.2011 Read More

30.12.2010 Cancellation of Listing

30.12.2010 Read More

30.11.2010 Vestel's decision to delist its GDR's from LSE

30.11.2010 Read More

Vestel Elektronik announced CMB results for the quarter ended September 30, 2010

12.11.2010 Read More

Vestel Elektronik announced CMB results for the quarter ended June 30, 2010

27.08.2010 Read More

Opening of new LCD TV factory of Vestel CIS

27.05.2010 Read More

Vestel Elektronik announced CMB results for the quarter ended March 31, 2010.

14.05.2010 Read More

The Board of Directors of Vestel Elektronik decided to propose no dividend payment to the General Assembly

26.04.2010 Read More

The ordinary general meeting of Vestel Elektronik will be hold at 10:00 on 26 May 2010 at the address of Zorlu Plaza 34380 Avcılar - İstanbul.

26.04.2010 Read More

Vestel Elektronik announced CMB results for the quarter ended December 31, 2009.

07.04.2010 Read More

ISS Corporate Services affirms Vestel Elektronik's Corporate Governance Rating Score at 8.5.

26.02.2010 Read More

Standard and Poor's revised the Outlook of Vestel Elektronik to Stable.

23.02.2010 Read More

Vestel Elektronik announced CMB results for the quarter ended September 30, 2009.

13.11.2009 Read More

Fitch Ratings affirmed Vestel Elektronik's long-term foreign and local currency Issuer Default Ratings (IDR) at "B", Outlook Stable...

16.09.2009 Read More

Vestel Elektronik announced CMB results for the quarter ended June 30, 2009.

28.08.2009 Read More

The ordinary general meeting of Vestel Electronics was held at 9:30 on 27 May 2009 at the address of Zorlu Plaza 34840 Avcılar-İstanbul.

27.05.2009 Read More

Vestel Elektronik announced CMB results for the quarter ended March 31, 2009.

15.05.2009 Read More

The Board of Directors of Vestel Elektronik decided to propose no dividend payment (from 2008 earnings) to the General Assembly at its Board meeting.

29.04.2009 Read More

The ordinary general meeting of Vestel Electronics will be held at 9:30 on 27 May 2009 at the address of Zorlu Plaza 34840 Avcılar-İstanbul.

29.04.2009 Read More

The announcement regarding the restricted rights issue of Vestel Elektronik

21.04.2009 Read More

Vestel Elektronik announced CMB results for the quarter ended December 31, 2008.

10.04.2009 Read More

ISS Corporate Services affirms Vestel Elektronik's Corporate Governance Rating Score at 8.5.

26.02.2009 Read More

The Board of Directors of Vestel Elektronik Sanayi ve Ticaret Anonim Şirketi took capital increase decision

04.02.2009 Read More

Board Member Change at Vestel Elektronik Sanayi ve Ticaret A.S.

29.12.2008 Read More

Vestel Elektronik's capital increase through 10.281% bonus issue to start on 30 December 2008

26.12.2008 Read More

Standard & Poor's downgraded the ratings of Vestel Elektronik to "B-", Outlook Negative...

22.12.2008 Read More

The announcement with regards to the talks between Vestel Elektronik and Whirlpool Europe for a potential partnership in white goods business

01.12.2008 Read More

Vestel Elektronik announced CMB results for the quarter ended September 30, 2008.

28.11.2008 Read More

The Board of Directors of Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi took cash and non-cash capital increase decision on 21 November 2008

21.11.2008 Read More

Moody's downgraded the ratings of Vestel Elektronik to "B3", Outlook Negative...

08.10.2008 Read More

Fitch Ratings downgraded Vestel Elektronik to "B", Outlook Stable...

11.09.2008 Read More

Vestel Elektronik announced CMB results for the quarter ended June 30, 2008.

29.08.2008 Read More

Vestel Dis Ticaret A.S., a subsidiary of Vestel Elektronik acquires "Vestfrost" brand...

11.08.2008 Read More

Vestel Elektronik announced CMB results for the quarter ended March 31, 2008.

23.06.2008 Read More

The announcement with regards to the ongoing talks between Vestel Elektronik and Whirpool Europe...

11.06.2008 Read More

The Board of Directors of Vestel Elektronik decided to propose no dividend payment (from 2007 earnings) to the General Assembly at its Board meeting dated 2 May 2008.

02.05.2008 Read More

Vestel Elektronik announced CMB based consolidated results for the year-end 2007.

11.04.2008 Read More

ISS assigned a corporate governance rating score of 8.5 (82.57%) to Vestel, up from last year's 7.5 (75.91%) level.

27.02.2008 Read More

A non-binding letter of intent has been signed between Vestel Elektronik and Whirlpool Europe SRL to explore partnership opportunities in foreign and domestic white goods markets.

26.10.2007 Read More

Vestel Elektronik announced total revenues of US$1,538mn (€1,158mn) and net loss of US$28.7mn (€21.6mn) in 1H07.

25.09.2007 Read More

Fitch Ratings revised Vestel Elektronik's outlook for its long-term foreign and local currency Issuer Default Ratings (IDR) to negative from stable while affirming its credit rating at BB- (BB minus).

13.08.2007 Read More

Vestel announced IFRS results (CMB-based) for quarter ended March 31, 2007.

01.06.2007 Read More

Moody's downgraded Vestel Elektronik's corporate family rating ("CFR").

01.06.2007 Read More

The Board of Directors of Vestel Elektronik decided to propose no dividend payment (from 2006 earnings) to the General Assembly at its Board meeting dated 10 May 2007.

11.05.2007 Read More

Vestel Elektronik announced total revenues of US$3,659mn and net profit of US$2.1mn in FY06.

16.04.2007 Read More

ISS Corporate Services stated in its report that the rating reflected the good overall performance of the company regarding its current corporate governance structures as measured against the Principles of the Turkish Capital Markets Board (CMB).

07.03.2007 Read More

Standard & Poor's revises outlook on Vestel Elektronik to "positive" from "negative" while affirming 'B +' rating. (30 January 2007)

30.01.2007 Read More

Mr. Levent Hatay quits his duty as a member of the executive committee responsible for marketing-sales & branding at Vestel Group of Companies

02.10.2006 Read More

Vestel Dayanıklı Türketim Malları Pazarlama A.Ş. (Vestel Durable Goods Marketing) received murabaha financing in the amount of 40,000,000 USD for a period of one year and one week under the guarantee of Vestel Elektronics.

21.09.2006 Read More

Vestel acquired "Finlux and "Luxor" brands through its subsidiary Vestel Holland at a value of Euro3.2mn to further expand its consumer electronics and white goods sales in Northern Europe (mainly Scandinavia and Benelux region)

25.08.2006 Read More

Vestel Electronics, Vestel White Goods, Vestel Communications, Vestel Digital and Vestel Holland B.V. under the structure of the Vestel Group of Companies have signed a letter of credit syndicated loan facility at the amount of 125,000,000 USD for a period of 1 year

23.08.2006 Read More

Decisions taken at General Shareholders' Meeting of Vestel Electronics held on the date of 24.05.2006

24.05.2006 Read More

Vestel Electronics acquired a 55% stake in Birim Bilgi İşlem Müşavirlik ve Ltd, a healthcare software company, at a total value of 1,500,000 USD.

03.05.2006 Read More

Vestel Electronics purchased 89,699,993 units of Vestel White Goods shares belonging to Zorlu Holding and Zorlu Family over the public offering price of 3.20 YTL

13.04.2006 Read More

The public offering of Vestel White Goods shares

13.04.2006 Read More

Vestel Electronics, Vestel White Goods Vestel Communications Vestel Digital and Vestel Holland B.V. have received a syndicated loan of 120,000,000 USD for a period of 1 year.

14.02.2006 Read More

Vestel CIS Ltd received a US$28mn loan with a term of 6.5-years from European Bank of Reconstruction and Development (EBRD) under the guarantorship of Vestel Electronics

23.11.2005 Read More

A fire broke out in the television factory of Vestel CIS (Russia), located in the city of Alexandrov with a production capacity of 1 million units annually.

14.11.2005 Read More

Standard and Poors, affirmed the credit note of Vestel Electronics at B + while revising the outlook from "stable" to "negative", in its statement dated September the 28th, 2005.

20.10.2005 Read More

Vestel Durable Goods Marketing, a subsidiary of Vestel Electronics, signed an agreement with Whirlpool for the marketing and distribution of Whirlpool products in Turkey.

13.10.2005 Read More

Vestel Electronics, Vestel White Goods, Vestel Communications and Vestel Holland B.V. signs a syndicated loan of 135,000,000 USD for a period of 1 year.

26.08.2005 Read More

Vestel Electronics decided to particate in Vestel Electronics Research & Development Company with a capital commitment of 30,000YTL.

25.08.2005 Read More

Decisions taken at General Shareholders' Meeting of Vestel Electronics held on the date of 30.05.2005

30.05.2005 Read More

Board of Directors decision with regards to the establishment of corporate governance committee, audit committee and investor relations uni

30.05.2005 Read More

The Board of Directors of Vestel decided that a loan amounting to 225 Million US Dollars with an interest rate of 8.75% and a period of 7 years would be obtained from Vestel Electronics Finance Ltd. established in Cayman Island, and the bonds to be issued abroad for the financing of this loan by Vestel Finance Ltd. would be guaranteed by Vestel Electronics.

09.05.2005 Read More

Standard and Poor's raised its long-term credit note for Vestel Electronics from B to B +, and affirmed its outlook at positive

22.04.2005 Read More

Vestel Defense Industrials, a participation of Vestel Elektronics, acquired a 60% stake in Aydin Yazilim ve Elektronik Sanayii AS (Ayesas) from L3 Communications Inv. Inc. at a value of 2,350,000 USD.

18.03.2005 Read More

Vestel Digital is established with a capital of 5,000,000 YTL

05.01.2005 Read More

Vestel C.I.S., a subsidiary of Vestel Electronics, decided to build a new white goods manufacturing facility.

25.10.2004 Read More

Standard and Poor's raised Vestel's long-term credit rating from "B-" to "B" in its press release dated 01.10.2004.

01.10.2004 Read More

Vestel Electronics, Vestel White Goods, and Vestel Communications have signed a letter of credit syndicated loan agreement amounting to 150,000,000 USD for a period of 1 year.

27.09.2004 Read More

Fitch affirmed foreign currency rating of Vestel Electronics as B +, and revised its outlook from stable to positive, in its press statement dated September the 8th, 2004.

08.09.2004 Read More

Decision to establish a Company in India

16.07.2004 Read More

Decisions taken at General Shareholders' Meeting of Vestel Electronics held on the date of 07.06.2004

07.06.2004 Read More

Deutsche Bank AG London Branch and Zorlu Holding signed a loan contract on 18 February 2003. Accordingly, Zorlu Holding transferred 11.000.000.000 Vestel Electronics shares, representing 6.9139% of the capital, to Deutsche Bank London Branch on 4 March 2004.

05.03.2004 Read More

Fitch raised Vestel's foreign currency credit rating to B+ from B, and confirmed local currency credit rating as BB- in its report dated 17.02.2004.

18.02.2004 Read More

The board of directors of Vestel Electronics decided to purchase 25% stake in Vestel White Goods from Mr. Ahmet Nazif Zorlu and Mr. Olgun Zorlu at a total value of 52,834,230,000,000.- TL.

30.12.2003 Read More

Vestel Elektronik participates in Vestel Defense Industrials with 10%.

19.12.2003 Read More

The opening of Vestel City

03.11.2003 Read More

The board of directors of Vestel Electronics and Vestel Communications approved the signing of an L/C syndicated loan amounting to 80,000,000 US Dollars for a period of one year.

16.09.2003 Read More

Vestel increases its stake in its Russian participation to 100%.

14.07.2003 Read More

A 75mn Euro Bond issue with EURIBOR + coupon rate of 9.3%

23.10.2002 Read More

Vestel Electronics to carry out a joint investment with the Russian company, Record, in order to manufacture televisions and electronic devices in Russia.

22.10.2002 Read More