More
    HomeTopicsRetail & FMCGArctic changes its corporate name to Beko Romania

    Arctic changes its corporate name to Beko Romania

    Published on

    Arctic, the leader of the home appliances market in Romania, aligns its name with the new global corporate identity and becomes Beko Romania, starting April 2024. This change is an integral part of the renaming process of Arçelik under the international corporate brand Beko.

    This corporate rebranding process will not have consequences on the company’s day-to-day activity but is intended to strengthen its position on the international market, the company states.

    Starting 2002, Arçelik has invested over 391 million euros in Romania in the development of production capacity, but also in new technologies or modern production management systems.

    Romania maintains its strategic role within Beko, thanks to the two factories – the one for refrigerators in Găești and the one for washing machines in Ulmi. Currently, 84% of the total production from the factories in Găești and Ulmi is exported to more than 80 countries. In Romania, three brands are produced – Arctic, Beko, and Grundig.

    “We are excited about this new chapter and the direction Beko is shaping for the coming years. We remain true to our goals of providing exceptional customer service, developing innovative solutions, and bringing superior quality products to market. In addition, we look forward to exploring opportunities and ideas for constructive collaborations to contribute to a better future for the home appliance industry. I am proud to be leading the company at such a significant moment for our team. Over the years spent here, I have developed a special bond with Romania, and today’s decision represents a new step in my commitment to this country that has become my home”, said Murat Büyükerk, Chief Executive Officer, Arctic.

    Latest articles

    OMV Petrom and Renovatio secure 47 million euros financing for CEE Onești wind project

    OMV Petrom and the Renovatio Group are advancing the implementation of renewable energy projects...

    80% of young Romanians cannot afford to own a home. Cost of living remains their biggest concern, followed by political instability and corruption

    Young Romanians (78% of Generation Z representatives and 85% of Millennials) said they cannot...

    Otokar begins deliveries of the first Romanian-built Cobra II Vehicles to the Romanian Armed Forces

    The first Cobra II tactical armoured vehicles built entirely in Mediaș left the factory...

    PPC Group expands into the Hungarian energy market with new renewable energy projects

    PPC Group’s entry into the Hungarian energy market, one of Europe’s fastest-growing clean energy...

    More like this

    OMV Petrom and Renovatio secure 47 million euros financing for CEE Onești wind project

    OMV Petrom and the Renovatio Group are advancing the implementation of renewable energy projects...

    80% of young Romanians cannot afford to own a home. Cost of living remains their biggest concern, followed by political instability and corruption

    Young Romanians (78% of Generation Z representatives and 85% of Millennials) said they cannot...

    Otokar begins deliveries of the first Romanian-built Cobra II Vehicles to the Romanian Armed Forces

    The first Cobra II tactical armoured vehicles built entirely in Mediaș left the factory...