Indesit Profits Drop 25%

Indesit have posted a 24.7 percent fall in third-quarter net profit on a consumer slowdown and currency volatility and warned of a “difficult” last quarter leading to lower sales for the year. Indesit, which makes appliances under Hotpoint, Scholtes, Ariston and Indesit labels, said in a statemen…

New Indesit Plants In Poland

At the beginning of October the Indesit Company, an Italian producer of home appliances, will launch dishwasher and washing machine factories in Radomsko. At the moment, the company has two facilities in Poland, at which ovens and refrigerators are produced. The total amount invested in Poland by…

Indesit Interested In Buying GE?

General Electric Chief Executive Officer Jeffrey Immelt will meet with Italian Prime Minister Silvio Berlusconi Wednesday, the Italian government said. In a statement, the government said the meeting would take place at 1600 GMT at the premier’s office in Rome, without providing further details

Indesit Moves Peterborough Production To Poland

As previously reported, Indesit Company, is reported to be moving a substantial part of its production to Lodz, central Poland from Peterborough in England. Some 400 employees of the Indesit owned factory based in Woodston near Peterborough Which produced Hotpoint refrigerators have received…

Indesit To Close Hotpoint Peterborough

More than 420 workers stand to lose their jobs following the decision to close the Peterborough factory making Hotpoint and Indesit fridges. Indesit says the closure of the complex in Peterborough has been prompted as there has been a decline in the market for fridges across the UK. Although trad…

Indesit Launch Smart Cards For Appliances

We’d heard the rumours that this was going to happen and, it appears, that the rumours were in fact true yet again. Indesit have launched “smart cards” to reprogram their appliances which include washing machines, washer dryers, dishwashers, cookers and some refrigeration products. Indesit states…

Indesit Expanding With The Scholtes Brand

Indesit is considering acquisitions in China, India and the United States in order to expand internationally and take advantage of the strong euro the La Repubblica newspaper reports. In a report mostly citing analysts, the newspaper said CEO Marco Milani is considering a marketing campaign to bo…

Indesit Set To Launch Cool Wash Washing Machines?

ERT Weekly has reported that Indesit, working with Proctor & Gamble, are set to launch front loading washing machines that can wash with cool water below 30C which is effectively a cold wash. This is not a new idea, it has been done in Asia and other parts of the world where access to running…

Indesit To Manufacture Its New Brand In Turkey

The Turkish press have reported that Indesit, one of Europe`s largest household appliances manufacturer, will produce and launch its new brand “Hotpoint-Ariston” in Turkey before marketing it globally. Hotpoint-Ariston is a dual brand concept created by Indesit after the acquisition of popular UK…

Indesit Moon wins award

Indesit has been awarded the 2007 Good Design Award for its washing machine, the Indesit Moon, by the Chicago Athenaeum’s Museum of Architecture and Design. The award recognises goods in a wide range of categories, however the Guigiaro-designed Moon took the accolade as winner of the Bathroom cat…