Norfrost in administration

NORFROST, the Caithness freezer firm owned and run by one of Scotland’s wealthiest couples, has called in the administrators and laid off half its workforce.

BSH Opens Third Plant in Poland

German white goods manufacturer BSH has opened its third plant in Poland in the Lodz Special Economic Zone. The company, which is a part of the Bosch und Siemens Hausgerate, has spent 60 million euros (approx. U.S. $73.7 million) on the investment.

Green light for Fagor

The government has taken two crucial decisions to cut unemployment in the Dolny Śląsk region by accepting new investment projects by Wrozamet SA and Volvo Polska SS.

Elco Holdings posts NIS 21m loss in Q1

Elco Holdings, controlled by Gershon Salkind, yesterday admitted to losing NIS 21 million in the first quarter of 2005. The first quarter preceded a serious overhaul at Elco, which included shedding Elco Brandt, its French maker of air conditioners and other household appliances, which has been b…

Indesit COO Resigns

Italian appliance maker Indesit Company SpA said chief operating officer Giovanni Carlino is quitting the company to pursue a new business opportunity.

Eros Launches Hitachi Refrigerators and Vacuums

Eros Group, sole distributors of Hitachi and one of the leading players in consumer electronics, mobile phones, home appliances, and allied products in the Middle East region, announced the launch of the world’s first Nano Titanium Refrigerator from Hitachi.