Thousands of jobs in the electronics manufacturing sector could move abroad unless the government passes the costs of the WEEE Directive onto the consumer. That was the warning from REPIC, the compliance scheme run by a consortium of waste electronics producers to help companies comply with the p…
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Electrolux opens all women outlet
Coinciding with the International Women’s Day, consumer appliances major Electrolux India on Tuesday opened its first all-women outlet here and announced plans to open four more such showrooms in other cities this year. Electrolux India also launched its kitchen appliances Hobs & Hoods for th…
Maytag Backs ’05 Profit View
Shares of Maytag Corp. rose more than 7 percent on Monday after the appliance maker backed its previous forecast for 2005 profit, which is currently above average Wall Street expectations. The maker of Jenn-Air and Amana appliances said it was on track to achieve $150 million in annual savings fr…
Maytag Emphasizes ‘Faster, Leaner’ Organization at Investors Conference
Maytag today reaffirmed its business strategies and guidance during the 26th annual Raymond James Institutional Investors Conference in Orlando, Fla., saying that Maytag is a much different company than it was a year ago. Chairman and CEO Ralph F. Hake commented, “We are realizing the cost saving…
Increase In Spares Prices
As of Friday Servevast, the company that carry out service and supply spares on behalf of Smeg in the UK, have announced an average increase in spares pricing of 3-4% on average.
Arcelik profits up 70 percent
Leading consumer goods maker Arcelik reported a sharp rise in 2004 profit and beat its sales target as falling interest rates fuelled strong demand for its products, its results showed on Thursday. Analysts said the fast-growing Turkish market for large domestic appliances was expected to slow do…
Bosch-Siemens to Build $65M Plant in Neudorf
German Bosch-Siemens Hausgeraete will invest 50 million euros ($65 million) into refrigerator plant construction in St. Petersburg’s new industrial zone, the company said Wednesday. The construction will start in the first quarter of 2007 on a 25-hectare land plot in the Neudorf-Strelna land deve…
UK Whitegoods @ Sibson 25/02/2005
We would like to thank all those that took time out to attend the meeting held a week ago for attending and we hope it was as much use to them as it was to us. The attendance was excellent, in fact the room was straining to fit everyone in and there was a fear that if anyone else had arrived with…
Teba Appliances
As reported to us earlier today, it would appear that troubled Turkish manufacturer, Teba’s UK Distributor has entered into official recievership which could leave many customers stranded without any warranty whatsoever.
Haier Opens Appliance Factory in Jordan
Haier Group Co., China’s largest home appliance maker, opened a factory in Jordan on March 2 to provide more tailor-made products to the Middle Eastern market, the Xinhua news agency reported.