Turkish company to open R&D center in Cambridge
ISTANBULTurkish home appliances producer Arçelik has announced it will open a research and development (R&D) center in Cambridge, United Kingdom, where the company has been market leader with its Beko brand, in a written statement on June 25.
The R&D center, which will be established in the Cambridge Science Park run by Cambridge University’s Trinity College, will be Arçelik’s second R&D center abroad after its center in Taiwan.
“The new center will make research and development activities in creating innovative products to create home appliances, such as software, new materials and advanced manufacturing technologies,” said the Koç Holding’s company’s statement.
“Our global brand Beko has proved its high competitiveness power by maintaining its leadership position in the United Kingdom, where consumers have high level of consumption consciousness. Our new R&D center will strengthen our leadership position in the market further,” said Arçelik CEO Hakan Bulgurlu.
The British ambassador in Ankara, Richard Moore, said this investment will play a big role in strengthening trade and investment relations between both countries.
Arçelik has eight R&D centers in Turkey with 1,000 employees in these centers. Arçelik is also the R&D leader in its sector with more than 2,000 patent applications, according to the statement. The company was awarded for its R&D activities, technological contributions and innovations last year by Turkey’s Exporters’ Assembly (TİM).