Furniture group MFI has unveiled a major restructuring plan aimed at reviving its fortunes which could see up to 1,500 jobs being shed. The firm is closing 11 stores, cutting back on manufacturing and reducing the range of goods it sells to focus on fewer, more expensive products.
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Solar cooker project to be launched
Vajra Foundation Nepal, a non-governmental organisation is looking forward to launch its solar cooker project in six other Bhutanese refugee camps in eastern Nepal following its successful launching at the Beldangi camp in 1998.
UK student’s WashDryIron does just that
While the brains at Whirlpool, Samsung, GE, and the like have been toiling for years to improve upon the staid washer/dryer combo (“now with nanofilters!”), it took a UK college student to design a new laundry solution that actually succeeds in saving the owner significant time/labor.
A Little Favour…
I was asked, coerced and threatened to do a little favour for some friends in Rotherham last night and, since one of the friends happens to also hold the purse strings for my salary there was a compelling argument to help. Not being a football fan this is not a subject that I would know much abou…
Haier Electrical Targets RM100 Mln Sales This Year
KUALA LUMPUR, Feb 22 (Bernama) — Haier Electrical Appliances (Malaysia) Sdn Bhd (HEAM), distributor of Haier electrical products, hopes to rake in RM100 million in sales for the financial year ending Dec 31, 2006, compared with RM60 million previously.
Indesit to Meet Union Over Job Losses
Union representatives will meet directors at Europe-based appliance maker Indesit over the company’s plans to shed up to 170 jobs.
Bid target Electrolux prefers to stalk own prey
The appliance maker Electrolux, rumored as a takeover target for months now, is considering making its own acquisitions as the industry consolidates, its chief executive, Hans Straaberg, said on Monday.
Manufacturing giant makes huge savings after introducing new ‘greener’ waste man
DISPOSING of waste such as plastic, glass, paper, cardboard, metals and textiles in landfill sites is exacerbating the ever-increasing demand for raw materials and depleting the world’s non-renewable natural resources. This week business editor Sarah Gunthardt takes a closer look at Peterborough-…
Boy of 7 in Tumble Dryer drama
A boy of 7 suffered an agonising ordeal inside a tumble dryer after his mischeavous little brother shut him in during a game of hide and seek.
Indesit Reports 2005 Results
Indesit Company reported sales in the last quarter of 2005 reached 841 million euros (approx. U.S. $1.003 billion), up 3.5 percent on the fourth quarter of 2004. Growth in the fourth quarter enabled the company to make up ground lost in the first half of the year, bringing sales in 2005 to 3.064 …