Bavarian Premier In Electrolux Talks

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Electrolux AB CEO Hans Straberg is in talks with Edmund Stoiber, the Bavarian premier, and the German trade union IG Metall, according to an AFX News report.

Electrolux plans to close the AEG laundry appliance plant in Nuremburg, Germany, and employees are striking in demand of improved severance. The union, IG Metall, wants more money and better training for workers who will lose their jobs when laundry appliance production is moved to Poland and Italy.

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