Arçelik
LeaveRussia detail: Continue Operations
Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko and Grundig. The company engages in the production and marketing of durable goods, components, consumer electronics and after-sale services.
Business in Russia
American appliance manufacturer Whirlpool is finally settling its former Russian assets. Arçelik, which acquired Whirlpool's Russian business back in 2022, has agreed to make a one-time payment of 40 million euros. After that, Whirlpool will waive any current or future claims under the deal.
Decision trail
Decision date 28/07/2022 · Reference ↗
Turkish Arcelik acquired Indesit JSC and Whirlpool LLC in Russia. Acquired firms able to produce 2.8M units of refrigerators and laundry products in their Russia facilities.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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