Category: Electrolux

Electrolux reported net sales in 2004 of SEK 120.7 billion (approx. U.S. $17.3 billion), and net income to SEK 3.1 billion (approx. $443.2 million), corresponding to SEK 10.55 (approx. $1.51) per share.

China has emerged as the biggest hunting ground for the world’s largest transnational corporations as it embraces globalisation after becoming a World Trade Organisation (WTO) member three years ago. According to China’s Ministry of Commerce, among the 2004 Fortune Global 500, about 450 have made…

As part of its aggressive growth strategy to become the Complete Home Appliances Specialist brand, Electrolux India, the world’s No. 1 home appliance company today announced its foray into the new product category with the launch of its “˜Oxigen’ hoods and “˜Nutrition’ hobs in North I…

ELECTROLUX Lehel Kft, the Hungarian subsidiary of the biggest Swedish investor in Hungary, electronics giant AB Electrolux, is to announce in March of this year, that its vacuum cleaner manufacturing plant in J??szber©ny (75km east of Budapest) and its refrigerator plant in Ny­regyh??za …

Swedish appliance maker Electrolux is looking for a place to build the company’s second plant in Russia after its first, a 9-million euro (approx. U.S. $11.7-million) washing machine factory, will open in St. Petersburg this summer.

The Electrolux plant in Greenville will idle half its work force for up to six weeks because of production headaches caused by a weekend fire that knocked out one of the refrigerator maker’s key suppliers. More than 1,000 employees will be without work for four to six weeks, Electrolux spokesman …

Electrolux Home Products announced it would lay off 229 workers, or 13 percent of its production jobs, as it shifts some work on a small chest freezer to China. The company said Thursday that the layoffs would be finished by Dec. 17. Most of the cuts would come from one third-shift production lin…

Consumers had their first glimpse of the modern marvel of freezers in the 1920s and 30s when the first electric refrigerators with ice cube compartments arrived on the US market. Mass production of modern refrigerators began after World War II and helped transform the home with a wave of electric…

The world’s biggest producer of home appliances, Electrolux, said on Wednesday it would close its French cooker factory as it cuts costs amid rising steel prices and fierce global competition.

The Australian section of the 2004 Electrolux Global Design Laboratory competition, held in New York, unveiled few very innovative design concepts for ultramodern household appliances. Students from New South Wales (UNSW) had designed “˜Rockpool’ a waterless dishwasher. Designed by Douglas …