Electrolux will make provision for loan guarantees for laundries

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…

Catching them young, Electrolux style

DON’T be surprised if your child talks to you about his `dream’ refrigerator, air-conditioner, washing machine or microwave oven. White goods major Electrolux Kelvinator Ltd (EKL), a subsidiary of Electrolux Group, has decided to capture the imagination of youngsters and base future products on it.

Electrolux not to exit Eureka Forbes

Construction baron Pallonji Mistry has called off his bid to take complete control of consumer appliances company Eureka Forbes, a subsidiary of engineering and textiles company Forbes Gokak. This follows Swedish white goods giant AB Electrolux deciding to remain invested in the company.

Simon socks it to those washday blues

A FORRES student could well be cleaning up financially if his design for a revolutionary new washing machine is taken up by electrical giants Electrolux. In a special project sponsored by the Electrolux Group, Simon Graves, a final year student on Northumbria University’s award-winning “Design fo…

Clicksoftware Plugs Into Electrolux

ClickSoftware, provider of end-to-end service optimisation solutions, has entered into a contract for the deployment of its ServiceOptimization Suite to Electrolux Home Products Europe.