Electrolux will make a provision of EUR 32m (approximately SEK 290m) in the third quarter of 2003, referring to previously issued loan guarantees for launderette operators in Germany. The launderettes are experiencing financial difficulties due to weak market conditions, and Electrolux may be req…
Author: admin
Haier story a smash-hit
Standing in the centre of appliance giant Haier’s shop floor in the north Chinese port city of Qingdao is a well-worn, 1m sledgehammer in a glass case.
Horrors are lurking in the refrigerator
There’s an alien living in my refrigerator. I saw it when I moved aside the ketchup so I could find a pudding cup for Junior’s lunch. There, underneath the bag of leftover sliced pineapple was a small, black, furry thing. And I swear to you, it winked at me.
Australia Finds Samsung, Daewoo ”Dumped” Washing Machines
SEOUL (Dow Jones)–The Australian Customs Service has found that South Korean-made washing machines by Samsung Electronics Co. (Q.SSE) and Daewoo Electronics Inc. were exported at below domestic market prices and have caused “material injury” to its industry
£9.5m drain on stricken PowerPlan
Fresh questions emerged this weekend over a flow of deals prior to the collapse of PowerPlan, the failed warranty firm linked to PowerHouse, the UK’s biggest independent retailer.
UK Whitegoods Website News
It is a great pleasure to see that the website has today passed the 100,000 page views mark and it is growing in both strength and numbers, as well as very importantly, building a community of like-minded individuals within the Whitegoods trade.
The GE Monogram Kitchen – a Canvas for Artistic Expression
LOUISVILLE, Ky.–(BUSINESS WIRE)–Sept. 17, 2003–Whether building a new home and dream kitchen or considering an update for your current kitchen, Monogram(R) offers the breadth and depth of design choices that let you go beyond customization to personalization of your kitchen and your appliances.
NZ PRG’s CEO Moves To UK To Manage Acquisition
WELLINGTON (Dow Jones)–Pacific Retail Group Ltd. (A.NLL), a New Zealand electronics and appliance retailer, said Friday its Chief Executive Peter Halkett has moved permanently to the U.K. to manage Powerhouse, an electrical goods seller that Pacific Retail bought earlier this month.
Decision doesn’t wash with Fisher and Paykel
Fisher and Paykel Appliances said it would appeal an Australian Customs Service decision about washing machines being exported from Korea at below-market prices.
Energy wastage: do savings really begin at home?
September 17, 2003 6:58 PM GMT (Datamonitor) – According to the latest research from the Energy Saving Trust, British households are responsible for over a quarter of the country’s carbon dioxide emissions, much of that through inefficient energy usage. However, it is in the large industrial sect…