Homeserve, the home emergency service provider, has been awarded a three-year contract by RBS Insurance to manage the insurer’s contents validation hub for all claims made on high street commodities including electrical and electronic equipment. The Homeserve service is expected to save insurers …
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
Whirlpool Appoints David Szczupak Executive VP
Whirlpool announced yesterday that David Szczupak will lead the company’s newly named Global Product Organization effective immediately. Mr. Szczupak succeeds Mike Thieneman, who recently retired from the company. In his role as executive vice president, Global Product Organization, Szczupak will…
Gorenje gains AEO status
Gorenje has become the the first Slovenian company with the status of an Authorized Economic Operator (AEO). The AEO status will allow Gorenje access to simplified customs procedures.
Koc holdings net profit down 57.7%
Turkey’s Koc Holding AS’s first quarter’s consolidated net profit fell 57.2% to 206.282 million new Turkish lira (approx. US$165.82 million. Koc Holding are the owner of the Arcelik company and the company sells appliances in the UK under the Beko and Flavel brand names.
Economic confidence drops to a 5 year low
Confidence in the euro-zone economy dropped in June to its lowest level in nearly 5 years. The European Commission’s economic sentiment indicator for the 15 countries that use the euro fell 2.5 points to 94.6 “” the lowest point since August 2003, when the indicator stood at 93.4.
Haier buys stake in sister firm
Qingdao Haier Co. has agreed to buy a 20.1% stake in its Hong Kong-listed sibling Haier Electronics Group Co. from Deutsche Bank.
F&P, Ripe For Takeover?
Fisher & Paykel Appliances said yesterday a slump in its share price over the past year has made it more vulnerable to a takeover reports the New Zealand Times. The whiteware maker is reported to be struggling with the strong New Zealand dollar, material prices and tougher markets, said its c…
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
DSG Trading Results – Profits Fall By 30%!
Currys-owner sees profit fall 30% as retailers go through tougher times as the UK economy slows DSG International, the owner of Currys and PC World, has seen its annual pre-tax profits fall by 30% after a “challenging” year for the firm.
Miele New Production Line
Miele, one of Germany’s premium appliance manufacturers, recently opened a factory for its new 5000 oven line in Oelde, Germany, where the company also has its cooking R&D. One of the main drivers behind the new oven line is market demand for smaller ovens. The typical oven size in Europe “Mi…