Translations:BSH Chronologie 1984-2002: Nachhaltigkeit und Internationalisierung/18/en

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Turkey 1995: BSHG acquired a majority stake in PEG Profilo Elektrikli Gerecler Sanayii A.S., the second largest manufacturer of home appliances in Turkey.[1] BSHG was already working intensively at this time with a number of Turkish home appliance companies on the basis of license agreements.[2] The cooperation with PEG offered a strategic starting point for expansion to Southeastern and Eastern Europe, Russia, but also to the Turkic states of Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan.[3]

  1. BSH Corporate Archives, A01-0018, Business Report 1995, page 5.
  2. BSH Corporate Archives, Folder I, Presentation by CEO Dr. Wörner on December 3, 1991, page 5. But also with other companies around the globe, such as Matsushita in Japan, GE/Hotpoint in GB/USA, IFB in India and Delta in Egypt.
  3. BSH Corporate Archives, Folder I, Presentation by CEO Dr. Wörner on December 3, 1991, page 5. But also with other companies around the globe, such as Matsushita in Japan, GE/Hotpoint in GB/USA, IFB in India and Delta in Egypt.