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Karel Elektronik Sanayi ve Ticaret A.S.
Esentepe Mah. Kore Sehitleri Caddesi Yzb
Kaya Aldogan Sokak No:16, Sisli
Phone: +90 2123554800p:+90 2123554800 ISTANBUL, 34394  Turkey Ticker: KAREL.EKAREL.E
Business Summary
Karel Elektronik Sanayi ve Ticaret AS is a Turkey-based telecommunication equipment manufacturer and supplier. The Company’s core business is the design, development, production and marketing of all kinds of telephone systems, including public switches and private branch exchange (PBX) systems with telephone sets, electronic circuit boards and other accessories. The Company collaborates with third parties to develop projects for private and public companies, including telecom operators in Turkey and neighboring countries. It offers solutions for a range of enterprises and organizations, such as hotels and hospitals, banks, manufacturing plants, multi-location offices, prisons, airports and telecom operators through a worldwide distribution network of authorized distributors, wholesalers, dealers and sales points. It carries out production and research and development activities in Ankara.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022Yes----

Industries
SIC Code Description
3661 Telephone and telegraph apparatus
3669 Communications equipment, not elsewhere classified
7372 Prepackaged software
7371 Computer programming services
3812 Search, detection, navigation, guidance, aeronautical, and nautical
5063 Electrical apparatus and equipment, wiring supplies, and construction

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Ali S.Tunaoglu
Vice Chairman of the Board, General Manager Serdar N.Tunaoglu
Member of the Board Refik Z.Diri
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Telesis Telekomunikasyon Sistemleri No:68 Iskitler Caddesi Altindag Turkey

Business Names
Business Name
KAREL
Karel Elektronik Sanayi ve Ticaret A.S.
KAREL.E
Telesis Telekomunikasyon Sistemleri

General Information
Number of Employees: 4,513 (As of 9/30/2023)
Outstanding Shares: 805,885,531 (As of 1/22/2024)
Stock Exchange: IST
Fax Number: +90 2122754001


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Saturday, April 27, 2024