Adrian J Cotterill, Editor-in-Chief
Turkish electronics giant Vestel, a subsidiary of Zorlu Holding has withdrawn Vestel Visual Solutions from the professional display business.
According to multiple media reports (the best of which is here), the company is discontinuing its activities in the B2B display segment and will no longer exhibit at #ISE2026 or the BETT trade shows in early 2026.
Vestel’s EMEA business development director and industry veteran Martin Romanowski, left the business back in August.
Vestel of course remains active across a wide range of industrial sectors BUT is currently experiencing difficulties, accumulating losses of 18.3bn Turkish lira (approximately $530m) in the first nine months of 2025, with revenue falling 23% year on year. The company has been hit by falling demand in European export markets, high inflation, rising energy and raw material costs, foreign exchange losses and increased competition from Chinese manufacturers and as a result, Vestel has been restructured, with measures including layoffs for 2,000 employees (one tenth of its workforce) and debt refinancing.


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