Indesit Reports Strong Growth

The Indesit Company has announced “positive results” for the first quarter of 2010, with net profit of £16 million against losses of £15 million a year ago. Group revenues were up 1.8 per cent, at £601.4 million, and net financial indebtedness fell by £275.2 million to &…

Indesit’s Show Wrecked By Icelandic Volcano

Indesit has cut short its conference and incentive client event in Italy this week because of the volcanic ash disrupting flights throughout Europe. The company took 85 distributors, and representatives from independent and major chain retailers to Milan this week, with the majority arriving on 1…

nPower & Indesit Trial Smart Grid Fridges

Energy supplier npower, white goods manufacturer Indesit and smart grid specialist RLtec are launching the first UK residential trial of smart fridges. Starting this month, npower will roll out fridges and fridge-freezers fitted with dynamic demand technology developed by RLtec to 3000 customers.

Indesit To Trial ”Smart” Appliances

Indesit Company is to join the smart grid technology company RLtec, and energy company npower, in Europe’s largest residential trial of dynamic demand technology. The trial will demonstrate the potential for “smart” appliances fitted with dynamic demand technology to reduce CO2 emissions in the U…

Indesit Reports Loss & Gloomy Outlook

Indesit Italy said on Thursday it had a €8 million net loss in the second quarter due lower sales as the recession continued to hit consumer demand for home appliances in its main markets. Last year the appliance manufacturer reported a second-quarter net profit of €12.1 million.

Indesit Close Turin Dishwasher Plant – Press Release

At the headquarters of “Unione Industriali” in Turin today Indesit Company presented a proposition to close its dishwasher plant in None (Turin). The Company reiterated its willingness to continue talks with the trade unions. During the meeting, the Company stated again that its dishwasher prod…

Hotpoint’s Bodelwyddan Factory In Doubt

THE future of the Indesit/Hotpoint washing machine factory in Bodelwyddan may be under review. The company’s European Works Council will meet at their headquarters in Peterborough this Thursday.

Indesit To Close Turin Dishwasher Plant

The appliance manufacturer Indesit plans to close a plant in Turin, leaving some 600 people without work, according to several Italian newspapers. The plant had only recently been restructured to produce a new line of ecological dishwashers.

Arcelik Deny Merger Talks With Indesit

Appliance manufacturer, Ar§elik (known as Beko in the UK) have denied Tuesday media reports claiming partnership talks with Italy’s Indesit. In a statement sent to the Istanbul Stock Exchange, Arcelik said reports regarding talks between Arcelik and Indesit were not true.

Indesit Company Eyes Potential Partners?

News has begun to circulate of a possible merger or partnership between various manufacturers and the Indesit Company who own the Hotpoint, Indesit and Ariston brands among others sold in the UK. The reports filed with various Italian online news sources seem to indicate several potential partners.