PROJECT

Projects

Environmental Review Summary

Project Number

10311

Company Name

ARCELIK AS

Date ERS Disclosed

Oct 12, 2000

Country

Turkiye

Region

Central Asia and Turkiye

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Dec 5, 2000
Signed : Apr 15, 2001
Invested : May 3, 2001

Sector

Household Appliances (Including Refrigerators, Laundry Machine, Dishwashers, etc.)

Industry

other

Department

Gbl Ind, Manufact, Agribus & Services

Project Description

The project involves a corporate investment program to support the continued growth and strategic development of Arcelik, Turkey’s leading manufacturer of major household appliances. Headquartered in Cayirova (approximately 50 km from Istanbul), Arcelik currently operates 8 production facilities – washing machines, refrigerators, cooking appliances, vacuum cleaners, dishwashers, electrical motors, and compressor plants – located in the Istanbul area, Eskisehir, Ankara, Bolu, and Izmir. The investment will support key corporate-wide initiatives, including modernization of existing plants, research and development, production capacity increases, and overseas acquisitions.

Environmental and Social

Conclusion & Monitoring