Vestel White Goods

Vestel Beyaz Eşya Sanayi ve Ticaret A.S. is a home appliance manufacturer founded in 1997. It is a subsidiary of Vestel Elektronik, one of the Zorlu Group companies, and its shares have traded on Borsa Istanbul under the ticker VESBE since 2006. Production takes place at Vestel's facilities in Manisa.

The company produces white goods such as refrigerators, washing machines, dishwashers, cooking appliances, split air conditioners and water heaters. A significant share of output is exported, mainly to Europe; the company's business model involves producing both under the Vestel brand and on behalf of foreign retail and brand partners.

For white goods manufacturers, consumer demand in Europe, the course of euro and dollar exchange rates, raw material costs such as steel and plastics, labor costs and freight rates are the variables followed. The VESBE stock page on Lzzo.com offers a price chart, a technical indicator summary and the option to compare it with Vestel Elektronik.