A new Smart washing machine from the Indesit Company, capable of regulating its own energy use based on cost and availability, was showcased at the Freescale Semiconductor Technology Forum in Orlando, Florida. Freescale used the forum to demonstrate its ability to help customers create “smart” pr…
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Gorenje Buys Asko
Slovenia’s largest household appliances maker Gorenje said on Wednesday it has bought Swedish Asko Appliances Group, in an attempt to boost growth. It said a contract to buy Asko was signed on Tuesday, adding details of the purchase will be announced on August 17th, no purchase price was given.
Best Buy Boss Quits
Best Buy’s plans to capture a huge slug of the UK electricals market have suffered a massive blow with the departure of Paul Antoniadis, its UK brands chief executive, just three months after launching the first stores in this country. Three stores have opened across the UK this year – in Thurroc…
LG To Build Fridges In Uzbekistan
LG are to spend $8.9 million (USD) to expand the production of refrigerators at the Sino Joint Stock Company (Samarkand), the monopoly producer of refrigeration and freezing equipment in Uzbekistan, according to the Uzeltekhprom association, which includes Uzbekistan’s electrical companies.
BSH To Build Washing Machine Plant In Russia
BSH Bytovye Pribory, the daughter company of German company Bosch und Siemens Hausgeraete (BSH) in St. Petersburg, is to spend $25 million on a washing machine plant in Strelna, outside St. Petersburg. BSH has already laid the foundations for the washing machine factory, which is due to be built …
Whirlpool Cleared By EU To Buy Otto Appliance Brand
Whirlpool has received EU regulatory approval to buy the Privileg home appliances brand from German mail order group Otto. The activities of Whirlpool and Privileg overlap in major and small domestic appliances but the deal will not raise competition concerns, the European Commission said in a st…
Gorenje Stops Boiler Production & Cuts Jobs
Slovenia’s largest household appliances maker Gorenje will cut 270 jobs by closing its Slovenian boiler-making unit in November and moving production to Serbia. It said the unit in Slovenia has been operating at a loss since last year, when sales fell 27 percent, while labour costs increased in 2…
Beko Wins Awards
Turkey’s household appliances manufacturer, Beko, was presented 16 Plus X awards in five categories in Cologne, Germany. A statement by Arcelik AS said that Arcelik’s Beko received awards in the categories of ecology, design and ease of use/functionality.
Haier To Build Energy-saving Refrigerator Production Lines
Haier, the Chinese home appliance and electronics maker, the company will build a new energy-saving refrigerator project via its wholly-owned subsidiary in Hefei. The project will reportedly have three production lines with an annual capacity of three million refrigerators. It will adopt many adv…
Repairers Outrage Over Rate Cuts
A few days ago news started to reach us of cuts in rates on contract work carried out on behalf of Dixons Stores Group International (DSGi – Currys, PC World, Dixons) which has led to almost universal condemnation from repairers. The rate cuts arrive at a time of spiralling fuel costs, inflation …