Beko secures €125m long-term financing to bolster European expansion

By Alpaslan Düven /London

Beko Corporate, a leading global home appliances brand, has signed a €125 million long-term financing agreement with Italy’s export credit agency SACE, marking a key step in the company’s growth strategy across Europe.

The 10-year facility, structured under SACE’s Push Strategy, aims to enhance Beko’s financial flexibility while strengthening supply chain collaboration with European partners. The deal is designed to support Beko’s long-term expansion efforts and foster deeper industrial ties between Türkiye and Europe.

BNP Paribas and TEB (Türk Ekonomi Bankası) served as the main financing providers for the transaction, playing an active role in both the structuring and execution of the agreement.

“We are proud to support Beko with long-term financing solutions that enable its international growth and strengthen strategic partnerships in Europe,” BNP Paribas and TEB stated in a joint release.

The financing agreement was officially announced at the Italy-Türkiye Business Forum held in Rome, highlighting the strengthening of bilateral economic cooperation between the two nations.