The partners of the eight cooperatives that make up the Fagor Group have rejected the proposal for their extra payment for this year end raised by the Board. Due to the situation of economic crisis and the effects on the activity of their companies, according to informed sources. The same sources…
Category: Fagor
Fagor News & Events
Industrial Dispute At Fagor
Nearly 400 people between workers of the Fagor plant in Tafalla have been demonstrating in the streets of Cidacos under the banner “No to the dismissals in Fagor Ederlan Tafalla”. The workers have been on strike for 24 hours over a decision by the company to reduce its workforce. This is the seco…
Fagor Brandt Workers On Strike
French press reports that Fagor Brandt (Fagor, Brandt, De Dietrich & other brands) workers have gone on strike in a dispute over pay for night shift allowances but it would appear that more is involved. Although reports are sketchy the stop appears planned for Wednesday morning, 30 workmen of…
Fagor Loses €8.57M
Fagor Group is reported to be undergoing extreme difficulty, it registered during the first quarter of the year losses of €8.57 million against the 164,000 Euros of gross profit that it obtained in the same period of 2008. The accounts sent by the company to the National Commission of the st…
Fagor Tries To Go Green
Fagor America, makers of major appliances and cookware, has redesigned www.fagoramerica.com with a new “green” focus that reflects the company’s revamped corporate image with a green tinge to it. In the revamp Fagor tells us that it has developed environmental conscious policy for its products.
EU Inquiry Into 31 Million Euro Subsidy To Fagor Brandt
Forbes has reported today that the European Commission said it has opened an in-depth inquiry into a 31 million Euro subsidy paid to the French domestic appliance manufacturer Fagor Brandt by the French authorities. The commission has concerns that the aid may be used to finance repayment of a 22…
Fagor Partners With Berloni & Porcelanosa
Fagor America, the wholly owned U.S. subsidiary of Fagor Electrodomesticos, Spain’s largest domestic appliance maker, has announced separate co-merchandising partnerships with Berloni and Porcelanosa, two of Europe’s leading kitchen and bath furnishings designers. Under terms of the agreements, s…
Smith and Fagor Form Company to Manufacture Boilers in China
A. O. Smith (China) Investment Co., Ltd., and Fagor Electrodomesticos, S. Coop. have signed an agreement to jointly invest in a new company to manufacture residential wall-hung gas combination boilers in China. The new company, Fagor – A. O. Smith (Nanjing) Combi Boiler Co., Ltd., will occupy a f…
Fagorelectrodomesticos Group announces €12 million profit
At its annual press conference in Bilbao, Spain, Fagorelectrodomesticos Group (the parent company of UK subsidiary, FagorBrandt UK) presented its financial results for 2006, announcing profits of €12 million.
Turkey New Base for Spanish Kitchen Giant
Fagor, the Spanish industrial kitchen giant, is preparing plans to construct its second 10-million-euro plant in Gebze, near Istanbul, in early January. This is part of a strategy to expand their market across Russia, Central Asia, Arabic countries and Africa.
