Vestel wins Fatih smart board contract

ISTANBUL

CİHAN photo

Turkish electronics and domestic appliances maker Vestel announced it signed a 999.7 million Turkish Liras agreement with the Transportation Minister on Jan. 9 as part of Turkey’s technological education project Fatih.

The company will provide more than 347,367 “interactive boards” to the ministry for 999.7 million, the company said in a stock exchange filing on Jan. 9.

In the beginning of December, Vestel had said it placed the lowest bid for smart boards tender for which companies offered their bids in July.

The announcement sent Vestel Elektronik shares up by 7.8 percent.

Along with smart boards, the Turkish government will purchase 41,966 document cameras, 13,645 multifunctional A3 printers and 28,351 multifunctional A4 printers.

OYAK Teknoloji had also said it placed the lowest bid for smart printers at 96.3 million.