Vestel
- Business
Vestel Integrates Migros Sanal Market into “Smart Life” Application
Vestel has integrated Migros Sanal Market into its Smart Life (Akıllı Yaşam) application as part of a new collaboration, enabling…
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Vestel Reports ₺4.7 Billion Net Loss in Q3 2025, Extending Its Loss Streak
ISTANBUL – Turkish electronics manufacturer Vestel Elektronik reported a ₺4.7 billion net loss for the third quarter of 2025, marking…
Read More » - Turkiye
YouTube Overtakes Satellite TV in Turkiye as Viewers Shift to Digital Platforms
U.S.-based online video platform YouTube’s viewing in Türkiye surpassed traditional satellite television during July and August 2025 for the first…
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Vestel Restructures Amid Heavy Debt and Shrinking Sales in Turkiye and Europe
Turkish electronics company Vestel is pursuing a long-term restructuring plan to adapt to technological change, shifting consumer demand, and global…
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Vestel and Nanome Collaborate on Domestic Quantum Dot Technology
Turkish electronics giant Vestel and nanotechnology startup Nanome have partnered to develop domestically produced Quantum Dot (QD) technology for display…
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Vestel and VIDAA Formalize Strategic Partnership to Expand Global TV Platform Presence
Vestel strengthens its position in the global smart TV market with a strategic partnership agreement with VIDAA, aiming for sustainable…
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Vestel Announces to Public Disclosure Platform: No Asset Sales Planned, Financial Obligations Met in Full and on Time
İSTANBUL — Vestel has issued a statement to the Public Disclosure Platform (KAP), clarifying recent media reports. The company confirmed…
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Zorlu CEO Yüngül: Layoffs of 2,000 Confirmed, But Entirely for Efficiency
Zorlu Holding CEO Ömer Yüngül confirmed plans to lay off 2,000 employees, stating the decision is driven purely by a…
Read More » - Turkiye
Vestel Launches 1MW Ultra-Fast EV Charger and Energy Storage Systems at Munich Trade Fair
Turkish firm also showcases energy storage systems and full charging portfolio in Munich Turkish tech manufacturer Vestel Mobilite unveiled its…
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Vestel CEO Ergun Guler Resigns, Transition to Zorlu Holding Role Announced
Ergun Guler, who has served as the CEO of Vestel Group of Companies since September 1, 2023, will be stepping…
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