Unilever is launching a radical cost-cutting and disposal programme that will see the group shed 20,000 jobs, 11% of its workforce, and sell off previously untouchable jewels in its portfolio of brands. Chief executive Patrick Cescau said 50 to 60 of the Anglo-Dutch group’s 300 manufacturing site…
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NAPIT enters bid to take over from CORGI
As announced by Voltimum 30/07/07 NAPIT has announced it will be entering the bid to take over the Gas Safety Registration Scheme from Corgi, the current national watchdog for gas safety. NAPIT already runs Competent Persons Schemes across the electrical, plumbing, heating and ventilation sectors…
TNT may take on Royal Mail
TNT, the Dutch postal operator, will decide within the next 12 months on launching an end-to-end postal network to rival Royal Mail in the UK. Chief executive Peter Bakker said his group believed the UK postal market would not get sustainable competition until private sector rivals ran their own …
Turkish Arcelik Buys Chinese Washing Machine Maker
Leading Turkish household appliance maker Arcelik (Beko) said today it had bought a Chinese washing machine manufacturer as part of it strategy to expand in the region. Arcelik was to pay 60 million yuan ($8 million) for Changzhou Casa Shinco Electrical Appliances Co. Ltd, which owns a factory wi…
Haier’s detergentless WasH20 washing machine
Strangely enough this idea is being mooted around yet again that we can have a detergent free washing machine. And, once again, it’s Haier that are telling us that this is possible. We’ve seen these things before, many times and to date not one has ever lived up to the expectations enough to be a…
Homeserve says FY In Line With Expectations Still In Domestic & General Talks
Thomson Financial has reported today that Homeserve said the financial year has started in line with its expectations and it remains confident of continued growth in the current year. In a statement, the company said it continues to perform well and the pipeline of future growth opportunities rem…
LG Electronics New Releases
LG (Lucky Goldstar) have been busy this past while with new products being launched in the Australian market and also in the Middle East. Of interest to us on UK Whitegoods are the new refrigerators and new microwaves.
New gas installer registration scheme for Great Britain
The Health and Safety Executive (HSE) today announced a competition to run a new gas installer registration scheme aimed at beefing-up domestic gas safety standards. The new scheme is set to bring benefits to both gas consumers and gas installers across Great Britain. Health and Safety Minister, …
Indesit Boosted By Rise In Sales
Thomson Financial has reported that Indesit Company SpA said its second quarter net profit increased from a year earlier, as a firm rise in sales offset restructuring costs, coming in in-line with analysts expectations. Net rose to 11 mln eur, up from 7 mln in the second quarter of 2006, while EB…
Kesa acquires Spanish electrical retailer
Kesa Electricals, who own Comet in the UK, has signed an agreement to acquire Electrodomesticos Menaje Del Hogar Sociedad Anonima (“EMH”), a Spanish specialist electrical retailer, from funds controlled by Impala Capital Partners and the Perez family. The consideration is €100 million in cash…