Swedish home-appliance maker AB Electrolux will close its plant in Nuremberg, Germany, by the end of 2007, transferring production to Poland and Italy and eliminating 1,750 jobs.
Category: Electrolux
Electrolux News & Press Releases
Electrolux Presents Design Lab 2005 Award
Electrolux presented its third Design Lab Award to Airwash, a waterless washing unit. Students from leading schools of design in more than 88 countries participated in the competition. Entries were received by more than 3,000 students in all continents, all competing to create the most outstandin…
Electrolux stake of 3 mln shares for sale – paper
A stake of some 3 million shares in Electrolux (ELUXb.ST: Quote, Profile, Research), the world’s biggest white goods maker, was put up for sale this week, Swedish business daily Dagens Industri reported on Tuesday, citing unnamed sources.
Electrolux Rethinks AEG Plant Closure
Electrolux plans to re-examine the decision to close the AEG plant in Nuremberg, Germany, according to comments from Electrolux European production manager Horst Winkler to Die Welt newspaper.
Electrolux Unions Call Friday Strike
Several unions in Europe issued a call for a strike against Swedish appliance maker Electrolux, according to an AFX report.
Electrolux AEG Re-Starts Plant Negotiations
Electrolux AB’s AEG Hausgeraete GmbH business unit has entered in negotiations again with the union representing workers at its plant in Nuremburg, Germany, Forbes reports.
Electrolux Employees Laid Off In Sweden, Strike In Germany
Electrolux AB will lay off 150 workers at its refrigeration factory in Mariestad, Sweden as it reduces plant production.
Electrolux supervisory board to recommend closing AEG plant
Electrolux AB’s supervisory board will likely make a recommendation today that the main plant of German unit AEG Hausgeraete GmbH should be closed, Handelsblatt newspaper reported, citing company sources. Electrolux has been examining the idea of closing the Nuremberg factory since June because o…
Videocon board approves merger of Electrolux
Electronics goods major Videocon Industries said Tuesday its board of directors has approved the proposal to merge Electrolux Kelvinator Ltd with the company. The merger is subject to necessary approvals of the creditors of both the companies and other necessary approvals from different authoriti…
Electrolux Quarterly Profit Drops 3.5%
Electrolux AB, the world’s largest maker of household appliances, said second-quarter profit dropped 3.5 percent as weaker demand and competition from low-cost competitors prevented the company from raising prices.
