EE Impact

Beko | Arcelik

Turkey · Electronics

Also known as: Beko | Arcelik

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Still operating in Russia

Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko and Grundig. The company engages in the production, marketing and after-sale services of durable goods and their components. Its products include white goods and small home appliances. Turkish manufacturer of household appliances and electronics, founded in 1955. The company owns the brands Beko, Grundig, Blomberg and others. Arcelik has 30 factories and 45,000 employees worldwide.

Status last verified 03/08/2026Source checked 31/05/2024Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 19/10/2023 · Reference ↗

In 2022, the Turkish holding purchased the Russian assets of the American corporation Whirlpool (Whirlpool, Hotpoint and Indesit brands), including production in Lipetsk for the production of refrigerators and washing machines, for €220 million. Significantly increased revenue in 2023 vs 2022.

Local stats (LeaveRussia)

Assets(RF), mln.USD
464
Capital(RF), mln.USD
289
Revenue(RF), mln.USD
997
Staff(RF), 2021
1077
Taxes(RF), mln.USD
21
Glob.Revenue, mln.USD
8481

Status history since 2022

  1. 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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