Electrolux
10 news found

Economy and financeElectrolux returns to profit
Profits at almost 36 million Euro from the red of 10 mln a year ago. Well the Professional division
Electrolux Group returns to profit after a series of quarters in negative territory. The second quarter of 2024 recorded a net turnover of 33.8 billion SEK, equivalent to more than 2.9 billion Euro, up... more

Economy and financeElectrolux, EUR 140 million loan from Nordic investment bank
8-year sustainability funding to reduce emissions in the value chain by 2030
Nib, Nordic investment bank and Electrolux have signed a loan of 150 million dollars, amounting to about 140 million Euro in eight years linked to sustainability. The Swedish Group was one of the first... more

IndustryHousehold appliances crisis, even the German giant Miele fires
Cost cuts, relocation (in Poland) and reduction of 2,700 employees
By now we are getting used to it: when a company communicates that it has decided to launch a program of "efficiency", with the mind we immediately go to translate that it plans layoffs. Not an exception... more

Economy and financeElectrolux ready to sell Zanussi and Zoppas
Demand is always falling and the Swedish multinational thinks about the sale of the two historic Italian brands
Second quarter 2023 in negative for Electrolux showing a decline in sales of 8.4% while on the revenue front the decline was more modest: -3%, to 2.84 billion Euros. What is worse is that the Swedish multinational... more

Economy and financeElectrolux, saves Italian production in Treviso
Agreement between company and unions on 110 mln investment
The draft agreement between Electrolux and the trade unions Fim, Fiom and Uilm, on the 110 million Euros investment for the Susegana (Treviso) plant, has been signed. The signing of the latest draft of... more

Economy and financeItaly. Governor Zaia wants Golden power for Electrolux
"There was an attempt to change hands, the government absolutely must exercise it"
"I say this clearly: if it is true and if it ever occurs, but to date I am not aware of it, that there was an attempt to change hands, the government absolutely must exercise Golden Power. We cannot afford... more

Economy and financeSamsung still interested in Electrolux
With Midea's Chinese, there are two suitors for the Swedish appliance maker
South Korean multinational Samsung Electronics is still interested in the Electrolux dossier. The update to the news was released by Bloomberg, which also disclosed the claims of the Wallenberg family,... more

Economy and financeElectrolux bets on Italy: 110 million for Susegana
Company proposal at coordination meeting with unions to produce a refrigerator every 30 seconds
It had been in the air for a few days and now, if not exactly confirmation, comes news of a further step forward anyway. As we anticipated in mid-March, Electrolux plans to bet on the Italian plant in... more

Economy and financeElectrolux countermand: Italy also in danger. Rsu ready to strike
After the plant closure in Hungary, could it be the turn of one of the five Italian plants?
Those who interpreted the closure of the Electrolux plant in Nyíregyháza, Hungary, as a sign of peace for Italian factories were wrong (see article Electrolux in crisis but Italy (for now) is saved). T... more

CoffeeSaga Coffee (Evoca) closes Bologna plant
The facility (former Saeco Vending) employed 220 workers
Saga Coffee of Gaggio Montano, in the province of Bologna, formerly Saeco Vending, a branch of the historic company in the Bolognese Apennines that produces coffee machines for restaurants and bars, controlled... more