Filed under: tarareidtopless.com
While the task you asked for is do-able, I'm afraid that covering an entire decade would involve far more effort than can be justified, even at the high price you set for your question.
For instance, in reviewing just a single year -- 1990 -- I had to review over 50 articles, to extract the following snippets of information:
=================
EIB LOAN TO ELECTROLUX FOR MODERNISATION OF UK FACTORIES
18 December 1990
Agence Europe
...The European Investment Bank is lending 28.5 Mecus (#20 million ) to the Electrolux group for investment to modernise factories for domestic appliances and garden equipment in the Durham and Birmingham areas in the United Kingdom
Electrolux makes 99 redundant
24 November 1990
The Northern Echo
...White goods group Electrolux is to make 99 people redundant at its cooker plant in Spennymoor....The news was broken to the workforce yesterday afternoon and follows the axing of 150 jobs at the company's neighbouring refrigeration plant in September
...The company blamed yesterday's job losses on the slump in high street sales of white goods such as cookers...The Spennymoor plant employs 800 people and the job losses will be divided between production line workers, support and office staff.
Electrolux of Sweden plans to buy Lehel.
22 November 1990
Dagens Industri
...Electrolux is engaged in final negotiations to purchase the refrigerator manufacturer Lehel. Mr Leif Johansson, the deputy managing director of Electrolux, said that he would be surprised if the deal was not completed within a few months...Lehel produces around 650,000 refrigerators a year and its turnover amounts to SKr 600m.
English China Clays and Electrolux announce job losses.
29 September 1990
The Times
...In Luton, Bedfordshire, 300 jobs are to go at the Electrolux factory after the closure of its microwave cooker operation
Electrolux to cut 150 jobs from workforce
1 September 1990
The Northern Echo
...Electrolux is to axe 150 jobs at its refrigeration plant in Spennymoor...the company said it had been badly hit by high interest rates and the slow down in sales of electrical goods
Electrolux to invest B500m in expansion
18 September 1990
Bangkok Post
...Electrolux Thailand Co, a subsidiary of Sweden's Electrolux Group, will spend almost 500 million baht in an expansion drive, including a washing machine assembly line and new headquarters...The washing machine plant will be on 12.5 rai in Chon Buri, with construction starting early next year for completion by mid-1992. It will have an assembling capacity of 45,000 units a year but will initially produce only 15,000
Electrolux's Brand of European Unity --- Firm Aims to Forge Common Refrigerator for Continent 20 August 1990
The Wall Street Journal
...Over the past six years, Electrolux has attempted to streamline its operations by concentrating component purchasing, eliminating production overlaps, pooling research efforts and centralizing much of its marketing. However, the company still operates six refrigerator factories in Europe (it has closed two), sells products under 40 brand names and produces 120 basic designs with 1,500 variants.
...Electrolux is indeed big and efficient. It has 135 sales companies and 43 factories in 15 countries. Its corporate headquarters are located just outside Stockholm, and it has a total 152,900 employees. It produces about six million refrigerators a year -- half of them in North America, half in Europe. With some 25% of the European refrigerator market, it holds twice the share of its nearest competitor....Traditionally, Electrolux had structured its operations nation by nation. But after the Zanussi acquisition was completed in 1984, most activities were reorganized into international product divisions -- "wet" for washing machines, "hot" for stoves and microwave ovens, "cold" for refrigerators and freezers.
...As Electrolux has rethought its approach to production, it has closed two of eight factories in Europe. The six that remain include a small factory in Spain producing about 350,000 units a year, one in England producing 300,000 a year and one in Finland producing only 160,000 a year
Electrolux to Idle 10% of Its Staff; Earnings Plunge
23 August 1990
The Wall Street Journal
...Electrolux said it plans to lay off 10% of its 150,000 employees world-wide by the end of next year under a sweeping cost-cutting drive...Electrolux said it will sell certain "nonstrategic" loss-making operations, which weren't identified, as well as certain real estate assets in the U.S. and Western Europe to finance the estimated 700 million Swedish kronor ($121.52 million) cost of the restructuring moves
ELECTROLUX TO SET UP MANUFACTURING PLANT IN MOSCOW
19 July 1990
Agence Europe
...Electrolux will provide its technology to build a plant manufacturing compressors and refrigerators in Moscow...The contract, worth 600 million Swedish crowns, will be implemented by two foreign subsidiaries of the group, the Italian company Zanussi and the Austrian company Verdichter. The plant should be completed by 1992 and should start operating in late 1992
Electrolux In Soviet Deal For Ozone-Friendly Plant
10 July 1990
Financial Times
...Electrolux/Zanussi group has won an order from the Soviet Union worth over $100m (#58m) to supply 'know-how' and technology to build an ozone-friendly compressor plant near Moscow....The plant will produce 1m sealed compressors a year for refrigerators and freezers, letting the Soviet Union use coolant technology being developed by the group which does not damage the ozone layer
Electrolux pumping millions into Asean investments
19 March 1990
Business Times Singapore
...The company is going ahead with an initial US$20 million investment in Thailand to produce washing machines.
==========================
If this is the type of information you are after, please give some thought to how you might scale down your requrest a bit, to make the task at hand more manageable.
And if the above excerpts aren't what you wanted, then please clarify the type of of information you need.
Thanks,
pafalafa-ga
You're in luck. A cancelled meeting this evening left me with more time available than I thought I would have, so here's your list of the many Electrolux comings and goings in what certainly seems was a tough decade for the company.
As I mentioned earlier, I can't post the full articles, nor can I post links to the articles, since these are from subscription databases.
However, I've provided the most relevant excerpts from 1991-1999, just as I did for the year 1990, above. Bear in mind that some articles are very brief news items -- only a sentence or two in some cases -- so there isn't much detail to them.
Here's the list:
==========
Electrolux to close cooker factory.
15 November 1991
The Times
...Electrolux, the Swedish white goods manufacturer, is to close its gas cooker factory in Stechford, Birmingham, with the loss of 550 jobs.
...Production will be transferred to the company's plant at Spennymoor, County Durham, which employs 1,400 in the making of electric cookers and refrigerators. Another 70 jobs will be created there.
...Roger Baxter, chief executive of Electrolux in the UK, blamed the closure on a 30% drop in domestic demand for cookers in the past three years.
ELECTROLUX REVIEWING PLAN FOR THAI PLANT.
1 October 1991
Reuters News
...Electrolux is reviewing a plan to set up a washing machine factory in Thailand due to proposed tariff changes, Chairman Anders Scharp said.
..."We have to find out how the changes will affect us and consider locating the plant elsewhere if it is not favourable," Scharp told reporters after an Asia-Pacific board meeting. He declined to detail the changes but said Thailand planned to raise import duties.
...He said Electrolux wants to expand in the region, which he said was growing faster than Europe and North America. It is also considering setting up a refrigerator plant in Malaysia.
Electrolux of Sweden plans to set up fridge and freezer plant near Moscow.
14 August 1991
Textline Multiple Source Collection
...Electrolux, the Swedish white goods giant, is hoping to conclude an agreement with the car and truck maker ZIL to build a fridge and freezer plant near Moscow.
...The plant, which would cost SKr 274m, would be capable of producing 350,000 fridges and freezers a year.
500 workers put on three day week at Electrolux at Spennymore.
18 July 1991
The Northern Echo
...More than 500 workers at the Electrolux refrigeration plant at Spennymoor are to be put on a three-day week because of a slump in demand.
...Dr Roger Baxter, chief executive of Electrolux said UK demand for fridges and freezers should be at its peak but the market is seeing the worst sales for at least a decade.
Electrolux takes on 54 at Spennymoor despite slump.
11 June 1991
The Northern Echo
...Electrical goods maker Electrolux has taken on 54 workers at its huge County Durham manufacturing complex.
...However, the staffing increase disguises continuing difficulties in the electrical sector and comes at a time when the Electrolux refrigeration plant at Spennymoor would usually be taking on 100 workers.
...This time around the 700-employee plant has only taken on 24 temporary factory workers to meet the seasonal rise in demand.
...The neighbouring cookers factory at Spennymoor has taken on 30 temporary assembly staff to meet an unexpected rise in demand due to the success of a number of marketing initiatives and discount offers.
Electrolux recruits 60 new staff in Motala.
10 June 1991
Textline Multiple Source Collection
...Electrolux is to recruit 60 new staff at its plant in Motala in the first quarter of 1991, at the same time as the company is to start producing a new refrigerator model for the mobile home market in the USA.
...Electrolux is to move the refrigerator production from its US subsidiary Dometic in Indiana to Sweden. Dometic is to wind up production completely after Electrolux has sold certain production units and moved others to other subsidiaries. The closure will result in 110 job losses.
...Electrolux's Motala plant is to manufacture 140,000 refrigerators a year. The plant's workforce will be increased to 410.
Electrolux to increase workforce at refrigerator plant.
9 March 1991
Dagens Industri
...Electrolux is to take on between 40 and 50 employees at its refrigerator plant in Mariestad. The plant currently employs around 1,370 people.
700 WORKERS AT ELECTROLUX SPENNYMOOR PLANT TO BE LAID OFF.
27 February 1991
The Northern Echo
...Workers at the huge Electrolux factory at Spennymoor have been told that they will be laid off for one-week periods because of the slump in demand.
...The 700 employees have already spent one week at home on 75pc pay and the company has told them the exercise will be repeated over another two weeks, though dates have not yet been set.
...Electrolux operates three businesses from the site, cookers, refrigeration and distribution, employing 1,000 people.
ZANUSSI TO BUILD WASHING MACHINE PLANT WITH ENIEM.
7 February 1991
Agence Europe
...The Italian company Zanussi (Swedish group Electrolux) will build a plant for the manufacture of washing machines at Tizi Ouzou (Algeria) under the terms of a contract signed with the public company Eniem. Production is scheduled to start at the end of 1991. Initial production of 50,000 units will rise to 200,000 units by the end of 1993
Lehel-Electrolux plans DISCLOSED.
24 January 1991
MTI - Econews
...Talks on privatizing Lehel Refrigerator Factory, a Hungarian company based at Jaszbereny in the East of the country, are likely to come to an end in early April.
...The Swedish company Electrolux intends to obtain 100-per-cent ownership of the factory
...Lehel would need to invest half-a-billion forints' worth of capital to be able to keep pace with technical development and to increase its annual output of 630,000-640,000 fridges by 100,000
========================
Electrolux - this year's results, next year's plans.
18 December 1992
MTI - Econews
...Electrolux, the Swedish owner of the Lehel Refrigerator Factory of Jaszbereny (E Hungary), expects a turnover of HUF 12bn and pre-tax profits of HUF 950m from the plant this year
...Within two or three years, the factory's production capacity will increase from 670,000 to one million refrigerators per year.
...Electrolux bought the Lehel Refrigerator Factory last year for HUF 5-6bn
Electrolux to axe jobs at Motala plant.
5 September 1992
Dagens Industri
...The white goods group Electrolux has issued redundancy notices to 24 assembly workers at its plant in Motala. Although the planned cuts have been made necessary by poor cooker sales, they are expected to affect employees involved in refrigerator production
Asko sells refrigerating equipment unit to Electrolux of Sweden.
6 June 1992
Helsingin Sanomat
...Asko Oy has sold its Uporef refrigerating equipment unit to Sweden's Electrolux. In addition to the refrigerating equipment plant in Lahti, the deal includes Uporef's subsidiaries in Germany, the UK and Norway. Electrolux has announced that it will maintain operations in Lahti.
...All Uporef's 300 employees will move to Electrolux.
200 workers taken on at Electrolux.
23 April 1992
The Northern Echo
...More than 200 staff have been taken on by electrical goods manufacturer Electrolux, but many of the jobs may be temporary.
...The cookers division of the company, based at Spennymoor, has recruited more than 100 staff in the last month, said personnel manager Dave Gregory.
...And the refrigerator factory on the same site has recruited another 100 workers within the last six months.
WCI transfers fridge production to U.S.
20 March 1992
The Toronto Star
...Hane suggested that the WCI plant would probably have been closed had it lost refrigeration production and not been given a "North American mandate" to supply cooking products.
...WCI, which like Frigidaire is owned by giant appliance maker AB Electrolux of Sweden, shut a freezer-manufacturing plant in Cambridge, Ont., last year.
..."We will be working hard to recoup those (175) jobs over the next years," Tony Hane, WCI's executive vice-president, said
...The plant currently employs 860 people.
Frigidaire to shut plant in Manfield
29 February 1992
The Plain Dealer Cleveland, OH
...The Frigidaire range plant here will close this summer, leaving 196 people jobless.
...Employees were notified Thursday morning that Frigidaire Co., a division of White Consolidated Industries, would end production at the 85-year-old facility in the third quarter of this year. White Consolidated is owned by AB Electrolux of Sweden.
================
Electrolux Subsid's Proposed Disposal.
23 September 1993
Regulatory News Service
...ELECTROLUX SIGNS PRELIMINARY AGREEMENT TO SELL SPANISH FACTORY TO CATALONIAN INDUSTRIAL GROUP
...ELECTROLUX'S WHITE GOODS COMPANY IN SPAIN HAS REACHED A PRELIMINARY AGREEMENT TO SELL ITS SUBSIDIARY DOMAR-NEW POL TO A CATALONIAN GROUP DOMAR-NEW POL, WITH ITS HEAD OFFICE IN MARTORELLAS (BARCELONA) IS MANUFACTURING WASHING MACHINES FOR THE LOW SEGMENT OF THE SPANISH MARKET. FROM NOW ON ELECTRKOLUX WILL CONCENTRATE ITS PRODUCTION OF WASHING MACHINES TO ALCALA DE HENARES (MADRID), REFRIGERATORS WILL CONTINUE TO BE PRODUCED IN FUENMAYOR (LA RIOJA) AND COOKERS AND OVENS IN CASTELLBISBAL (BARCELONA).
Sweden pledges broader relations with Vietnam.
10 September 1993
Reuters News
...Earlier this year Swedish-based consumer appliance giant Electrolux AB said it would begin a refrigerator-making joint venture in November this year with state-owned Nam Dinh Company in Namba Province, southern Vietnam.
...By transferring know-how, Electrolux expects to help create a plant able to assemble 10,000 units per year.
ELECTROLUX TO PRODUCE ELECTRIC COOKERS IN ESTONIA.
26 June 1993
Plastiques Modernes Et Elastomeres
...Electrolux could invest in a plant producing electric cookers at Tallinn in Estonia. The plant has 350 employees, and Electrolux estimates that it could produce 80,000 units per year by 1996, and supply the Baltic republics and Byelorussia.
SWEDISH ELECTROLUX TO INVEST SKR 40M IN COOKER PLANT.
29 April 1993
Dagens Industri
...Swedish Electrolux is to set up a SKr 40m plant in Estonia. The plant wil employ a workforce of 350, and is expected to produce around 10,000 cookers annually.
DISPUTE PLANT LAYS OFF 600 WORKERS FOR A DAY - ELECTROLUX.
9 March 1993
The Northern Echo
...Staff at the Spennymoor-based Electrolux Cooker plant were laid off for a day yesterday as the dispute over this year's pay rise continues.
...An overtime ban has been in force since the 600-strong workforce rejected an improved pay offer of 2.7pc last week against the advice of their trade union.
==========
ELECTROLUX TO PAY RS41 CRORE FOR 51 PERCENT IN MAHARAJA INTL.
2 December 1994
The Economic Times
...Electrolux AB of Sweden is paying Rs41.4 crore for a 51-percent stake in Maharaja International Ltd (MIL). Electrolux is acquiring 1,74,00,000 shares at a price of Rs23 per share. The present equity of MIL is Rs16.69 crore which will be expanded to Rs34 crore. MIL has an annual capacity to manufacture 250,000 refrigerators, 100,000 washing machines and 100,000 dishwashers. The Maharaja brand will remain in the market along with any brand Electrolux introduces in India. The company's plant is located at Shahjahanpur in Rajasthan.
AB Electrolux Unveils Expansion Program In Asia Pacific Area
17 October 1994
The Wall Street Journal
...Electrolux announced Friday an expansion program intended to open five new factories in three years and double revenue in the Asia Pacific region in five years.
..."Our target is to be one of the major players, corresponding to our position in Europe and the U.S.," said Leif Johansson, chief executive officer.
..."We expect China to emerge as the world's largest market for refrigerators by the end of this year
AB ELECTROLUX RESULTS SOAR IN HALF
29 August 1994
HFN
...Johansson did not expect any immediate benefit from the acquisition of AEG Hausger?te in Germany.
...Electrolux is beginning to integrate AEG Hausger?te into its holdings, mainly by coordinating administration, logistics and service in countries where both companies operate. The Swedish group expected to realize immediate cost savings through joint purchase of materials and components, and also will begin coordinating product planning. AEG's focus on high-end, built-in products for the German market will have a positive benefit on the rest of Electrolux' white-goods operations, said Johansson. The president stressed there are no plans for further shutdowns of AEG's production facilities. Electrolux closed its tumble-dryer plant in Germany last year and is phasing out production of full-size dishwashers in Sweden over the next few years. Both of these products now will be made at AEG's plant in Nuremberg. The transfer of production of AEG's top-loaded dishwashers to the Electrolux factory in Revin, France, and of certain tumble-drier models to the plant in Porcia, Italy, has been finished, Johansson said. Meanwhile, Electrolux' worldwide expansion includes 60 percent stake of a joint venture with Barlow Ltd. to produce and sell household appliances and garden equipment in South Africa. Sales should be $31.89 million, or 250 million SEK, in its first year of operation, said Johansson. As reported, Electrolux also has formed a joint venture with Refripar in Brazil and has set up a wholly owned subsidiary in Argentina.
ELECTROLUX TO INVEST FM 8M IN PORI PLANT.
25 August 1994
Kauppalehti
..Electrolux Oy, the Finnish subsidiary of Electrolux of Sweden, is to invest FM 8m in its plant in Pori. The company is to start producing a new type of fridge/freezer in Pori.
..Electrolux's Finnish unit recorded turnover of FM 544m in the first six months of the year,
ELECTROLUX OF SWEDEN TO SET UP JOINT VENTURE WITH BARLOWS.
31 March 1994
Dagens Industri
...The Swedish white goods group Electrolux is to set up a joint venture with the the South African company Barlows. Electrolux will own 60% of the venture and Barlows the remaining 40%.
...Leif Johansson said the group would be South Africa's largest white goods group following the incorporation of AEG's local operations.
==================
Electrolux Disposal.
27 December 1995
Regulatory News Service
ELECTROLUX SELLS SPANISH COOKER PLANT
...ELECTROLUX HAS REACHED AN AGREEMENT FOR THE SALE OF A PLANT IN CASTELLBISPAL, SPAIN, TO THE ITALIAN WHITE-GOODS COMPANY IAR GROUP, EFFECTIVE JANUARY 1, 1996. THE PLANT HAS 367 EMPLOYEES, AND PRODUCTION COMPRISES MAINLY LOW-END GAS COOKERS FOR THE DOMESTIC MARKET
NIGHT SHIFTS TO END AT ELECTROLUX ZANUSSI PLANT.
12 November 1995
Corriere della Sera
...For the last couple of years a new ritual has been taking place in the village of Mel (Belluno). Every night at around midnight, some 350 young people have been making their way to work at the Zanussi refrigerator compressor factory. Each works three night shifts plus one day at the weekend. The system worked so well in Sweden that Zanussi's parent, Electrolux, decided to implement it at Mel also, hoping to turn the village into the "world capital of compressors".
...However, all 1,800 employees have had to take their turn on the nightshift and not just those people on fixed-term contracts. This has led to much debate over the past year, and a referendum was therefore held. Over 50% of the workforce voted against working nights despite the bonus payment. Consequently, Electrolux will redirect its investment elsewhere, possibly to another of its compressor plants in Austria, Spain, the USA or China.
...The contracts of the 350 nightworkers will not be renewed.
Electrolux Scouts For Factory Sites In Southeast Asia Is seeking sites in Southeast Asia for the building of one or two new factories 16 October 1995
The Asian Wall Street Journal Weekly
...AB Electrolux Co., the world's largest maker of household appliances, is seeking sites in Southeast Asia for the one or two factories it plans to build there by 2000. The company is focussing its attention on Indonesia, Malaysia, Thailand and Vietnam, where it already has a refrigerator operation.
29 September 1995
Access Czech Republic Business Bulletin
...Electrolux (Sweden), refrigerator manufacturer, plans to start producing refrigerators at its new plant in Kromeriz in November 1995. The firm's capacity should be 150,000 electric refrigerators per year and 400,000 camp refrigerating boxes per year. The firm's total investment will exceed 100 million Kc. The plant will have 70 employees.
MANUFACTURING/MAQUILA: SWEDISH REFRIGERATION JOINT VENTURE.
1 September 1995
Mexico Business Monthly
...Electrolux Compressor, the world's leading manufacturer of hermetic compressors for refrigeration, acquired the Mexican firm, Fabricacion de Compresores SA (Facosa) that controls 96% of the total Mexican market in refrigeration compressors. The new company name will be Kelvinator de Mexico SA de CV, and will operate entirely with capital from the Swedish multinational. The plant, located in Mexico City, will continue to manufacture compressors, aiming to eventually replace the current technology with the more efficient and energy-saving technology of Electrolux. As a primary goal, Electrolux Compressor plans to increase plant production capacity (currently 700,000 units),
Electrolux buys into Mexican, Egyptian companies.
17 July 1995
Reuters News
...Electrolux AB said it had bought the factory, plant and inventory of Mexican compressor-maker Vitro and purchased 25 percent of Egypt's MISR Compressor Manufacturing Company.
...A company statement said Electrolux had formed a new firm, Kelvinator de Mexico, which would build 360,000 compressors annually for sale in the United States and Latin America.
...It forecast the Egyptian partnership's production at 400,000.
...The statement said Electrolux had also decided to set up joint ventures in India and China where annual compressor production was forecast at two million for the Indian project and three million for the Chinese venture.
ELECTROLUX STARTS UP VIETNAM'S 1ST REFRIGERATOR PLANT.
26 May 1995
Business Times Singapore
...Electrolux, a world leading producer of household appliances, has set up Vietnam's first refrigerator factory in cooperation with a Vietnamese firm.
...Electrolux says the plant aims to produce 10,000 refrigerators a year to begin with, and quickly raise output to 50,000 units.
MAHARAJA APPLIANCES TO EXPAND IN A BIG WAY.
5 May 1995
Business Line (The Hindu)
...AB Electrolux of Sweden had recently acquired 51 percent stake in the group's flagship company, Maharaja International Ltd (MIL). It will invest $25 million in its Indian operations. MIL's Shahjahanpur plant will be modernised to manufacture refrigerators by Electrolux. Its plant near Delhi will continue to manufacture washing machines under the Maharaja White Line brand name.
Hitachi To Make Refrigerators For Electrolux At Thai Factory
8 February 1995
Dow Jones News Service
...Hitachi Ltd. (HIT) will manufacture refrigerators at an existing Thai facility for Electrolux AB (ELUXY) on an original-equipment-manufacturer basis, a Hitachi spokeswoman said.
...She said the OEM deal will mark the first instance of cooperation between Hitachi and the Swedish company.
===============
Electrolux Unit's Brazilian Plans
22 November 1996
The Wall Street Journal
...Electrolux-Refripar, which is controlled by Swedish household appliance group Electrolux AB, said it agreed to build a factory to make refrigerators and freezers in Brazil.
...The company said it will spend about $150 million over three years to build the plant, which will employ about 1,200 workers and begin operations in 1999 or 2000.
...The potential annual capacity is 1.5 million refrigerators and freezers
ELECTROLUX MAY SET UP PLANT IN MALAYSIA.
12 October 1996
Business Times
...MALAYSIA is one of three countries that Swedish appliance-maker Electrolux AB is considering to locate its Asean manufacturing facility, company executives said. The other two nations are Thailand and Indonesia.
...A feasibility study is being conducted on the manufacturing facility which will be a regional supplier for household appliances such as washing machines, refrigerators and cooking products.
ELECTROLUX OF SWEDEN OPENS REFRIGERATOR FACTORY.
9 October 1996
Il Sole 24 Ore
...Electrolux is to open a new plant at Quindao in the Shandong province, some 900km south-east of Beijing. Once fully operational, the plant will produce 100,000 glass-fronted refrigerators for hotels and retail outlets.
...The new plant, built in a joint venture, has provided an opportunity for seven other independent Italian companies to penetrate the Chinese market. The companies supplied equipment and components for the plant and were: Sipa of Vittorio Veneto (rollers for metal sheets); Forgiarini of Udine (assembly lines); Fiam of Vicenza (pneumatic tools); Valentini of Brescia (purpose-made glass); Atem of Zingonia (thermoforming equipment); Galileo of Prato (machinery for transporting refrigerating liquids); and OMS of Verano Brianza (frothing machinery).
ELECTROLUX OF SWEDEN TO SET UP NEW PLANT IN PARANA.
16 September 1996
Dagens Industri
...Electrolux is to set up a new plant in Curitiba, in Parana. The company is planning to invest over $100m (SKr 670m) in the plant
...Electrolux earlier ivnested SKr 800m in Curitiba when it took over Prosdocimo, Brazil's second largest white goods manufacturer.
VERDICHTER OESTERREICH AWAITS DECISION ON NEW COMPRESSOR PLANT.
15 June 1996
Die Presse
...Verdichter Oesterreich is awaiting a decision by its Italian parent company Zanussi (itself part of the Swedish domestic appliance manufacturer Electrolux) on a new plant costing between Sch 500m and Sch 700m for the production of refrigerator compressors.
AB ELECTROLUX TO PRESS FOR SUBSIDIARY.
26 February 1996
Business Line (The Hindu)
...AB Electrolux (ABE) of Sweden plans to re-apply to the government to float a wholly owned subsidiary in India. Its previous application was rejected by the government on the ground that the proposal was in the white goods sector. ABE had applied to Foreign Investment Promotion Board seeking clearance to set up a $20 million subsidiary, Electrolux India Holdings, in October 1995. ABE plans to invest $100 million over the next 4 years in India. These would include investment in equipment and new acquisitions. ABE has acquired majority stake of 51 percent in 2 Indian companies, Maharaja International Ltd (MIL) and Intron Ltd. MIL manufactures refrigerators under the Maharaja brand name and Intron manufactures washing machines.
ELECTROLUX PLANT TO CLOSE AFTER BUY-OUT PLANS ARE ABANDONED.
23 February 1996
Břrsen
...Electrolux's refrigerator production plant in Lyngby is to close at the end of September with the loss of 250 jobs. Attempts by the workforce to buy the plant have been abandoned.
ELECTROLUX TO CUT JOBS AT REFRIGERATOR PLANT.
9 February 1996
Dagens Industri
...Electrolux has issued redundancy notices to 99 employees at its refrigerator plant in Mariestad.
...The group may implement further cuts among its 15,000-strong workforce in Sweden.
===================
Shutdown blamed on the global downturn.
9 December 1997
The Northern Echo
...ELECTROLUX announced the rationalisation plans which have led to the closure of the Spennymoor refrigeration plant in June, leaving almost 2,000 North-East staff fearing for their jobs.
...By October, the 650 staff at the fridge factory knew they were going to be the ones to lose their jobs, with mid-1999 pencilled in as the end of the line.
...There are expected to be other job losses among the numerous supply companies that provide services to Electrolux in the region.
...Analysts have predicted job losses at other firms could double the final total to more than 1,000.
Zanussi plant in La Rioja will remain open - Zanussi.
2 December 1997
El País
...Electrolux has announced that the Zanussi factory in Fuenmayor (La Rioja) will manufacture its new chest freezer called Eurocombi, guaranteeing continued activity at the plant. The Swedish white goods manufacturer, which employs 700 workers at its La Rioja plant, is in the process of restructuring all its European units.
ELECTROLUX CLOSES PLANTS, WAREHOUSES.
1 December 1997
Appliance
...As part of a restructuring plan announced in June, Electrolux is closing 25 plants and 50 warehouses throughout the world. Included in the shutdowns are facilities in Sweden, Finland, the UK, and Hungary.
...Production will be moved from the company's refrigerator factory in Pori, Finland, to other refrigeration factories in Europe.
...Two UK facilities, which make refrigerators and vacuum cleaners, will also be closed. During 1998, production will be transferred to other factories around the world from the Spennymoor, County Durham, site and the Luton factory.
...The closing of Electrolux's Jaszarokszallas, Hungary, chest freezer plant will also take place next year. Its production will be transferred to the company's nearby refrigerator plant in Jaszbereny, Hungary.
Electrolux may transfer Finnish Pori activities to Zanussi.
30 October 1997
Il Sole 24 Ore
...the Electrolux refrigerator factory in Pori, Finland, could be transferred to the group's Italian subsidiary, Zanussi. Pori was condemned to closure, together with 24 other establishments, as a result of the restructuring plan launched in June 1997.
Electrolux To Close Refrigeration Plant In Finland >ELUXY
27 October 1997
Dow Jones News Service
...AB Electrolux (ELUXY) said Monday it intends to move production from its refrigerator factory in Pori in Finland to other plants in Europe as part of a major restructuring program announced in June.
...Electrolux has begun negotiations to close the Pori factory which employs almost 200 people.
...The company has an overcapacity for refrigeration products and has recently announced it will close a refrigerator factory in the U.K. with 650 workers and a chest-freezer factory in Hungary with 200 employees.
Refrigerator factory staff forced to sweat it out.
7 August 1997
The Northern Echo
...HUNDREDS of workers at a County Durham refrigerator factory will have to sweat it out a little longer to find out if they have lost their jobs.
...Swedish group Electrolux, which has a plant in Spennymoor employing 650, and the Flymo lawnmower factory at Newton Aycliffe, with 730 employees, has already indicated its intentions that the closure of the Spennymoor plant is one of the options followinga worldwide structuring review.
ELECTROLUX TO CLOSE PLANTS, CUT JOBS TO BOOST PROFITS
13 June 1997
The Plain Dealer Cleveland, OH
...Electrolux AB, Europe's largest household appliance maker, said it will spend 2.5 billion kronor ($321 million U.S.) to close plants and warehouses and will cut 11 percent of its work force in the next two years to boost profits.
...The move comes less than two months after Michael Treschow took over as chief executive, replacing Leif Johansson
...The maker of Frigidaire refrigerators and Eureka vacuum cleaners will close 25 plants and 50 warehouses and cut 12,000 jobs during a two-year period.
ELECTROLUX OPENS FREEZER PLANT IN JASZBERENY - PICK UP.
21 March 1997
MTI - Econews
...The Hungarian subsidiaries of the Swedish Electrolux group generated sales of HUF 33bn last year, up from HUF 26bn in 1995, and investment in 1996 totalled HUF 3.8bn, Electrolux AB president Leif Johansson said at the opening of the chest freezer plant and research and development centre in Jaszbereny.
...Electrolux produced 893,000 compressor refrigerators and 128,000 absorption refrigerators in Hungary last year. The company exported 725,000 compressor refrigerators and 8,000 absorption refrigerators, and reported domestic sales of 183,000 compressor refrigerators and 8,000 absorption refrigerators.
ELECTROLUX OF SWEDEN TO WIND UP PLANT IN LAHTI.
9 January 1997
Kauppalehti
...Electrolux's Finnish subsidiary is to gradually wind up its plant in Lahti this year. The closure will result in the loss of 130 jobs. The plant, which produces refrigeration systems for shops, has had turnover of around FM 100m a year, half of which has come from exports.
NEWS.(multiple brief articles)
1 December 1998
Appliance
...AB Electrolux' Indian joint venture with Voltas became official with the transfer of the Voltas brand, the refrigerator and compressor factory in Warora, and the clothes washer facility to the new company, which will start out as Voltas Electrolux Pvt., and later become Electrolux-Voltas, Ltd. A Nandalur refrigerator plant, a Hyderabad compressor plant, and the Allwyn brand will be transferred in the second phase of the venture, on April 1, 1999. AB Electrolux owns 74 percent of the venture
FRIGIDAIRE TO ADD JOBS IN ANDERSON EXPANSION
17 October 1998
KRTBN Knight-Ridder Tribune Business News: The State, Columbia, S.C
...Frigidaire Home Products is expanding its Anderson plant to make new refrigerators that the company says are expected to exceed federal energy regulations into the next century.
...An initial $45 million investment will create an additional 35 jobs at the plant, company officials said Friday. That is expected to increase to a $100 million investment and 100 new jobs within five years, they said.
...Frigidaire Home Products is the North American division of AB Electrolux
ELECTROLUX-LEHEL TO BUILD NEW PLANT IN JASZBERENY.
5 September 1998
Napi Gazdasag
...Electrolux-Lehel Hutogepgyar Kft decided that a new manufacturing plant would be built on 16,000 square meters in Jaszbereny at the place of the former refrigerator plant and plastics plant which burnt down two weeks ago. The new manufacturing plant will become operational around the end of June 1999,
FIRE AT ELECTROLUX PLANT CAUSES HUGE DAMAGE.
18 August 1998
Világgazdaság
...For the moment, the experts are only guessing about what may have set off the blaze at the Jaszbereny-based refrigerator plant of Electrolux, which according to preliminary estimates has caused several billion forints worth of damage. Due to the fire, the daily manufacturing capacity of the company will probably drop by 5,000-5,500 units.
...The fire destroyed the plant where the single-door refrigerators were produced. Electrolux rules about three-quarters of this market. This year the Jaszbereny and Jaszarokszallas plant of the company produced a total of over 1.1 million refrigerators, of which 85% were exported.
Voltas-AB Electrolux to form joint venture.
30 June 1998
Business Line (The Hindu)
...VOLTAS Ltd and AB Electrolux of Sweden have agreed to form a joint venture company to manufacture and market domestic refrigerators, washing machines, professional and household appliances, outdoor appliances and compressors for refrigerators, a press release from Voltas said here.
...Voltas will transfer to the new joint venture company - Electrolux Voltas Ltd - its refrigerator plant at Warora, top loading washing machine plant at Butibori, refrigerator plant at Nandalur and compressor making facilities at Hyderabad.
...The new company will, however, continue to make and sell the existing line of refrigerators and washing machines under the 'Voltas' and Allwyn' brands.
Electrolux of Sweden to cut 200 jobs at Curitiba plant.
10 June 1998
Dagens Industri
...Electrolux is issuing redundancy notices to 200 workers at one of its plants in Curitiba. The weak state of the Brazilian white goods market has necessitated the cuts.
Electrolux Intends To Launch Russian-based Production.
10 April 1998
Bizekon-Russica Izvestia
...Electrolux AB has revealed ambitious plans aimed at developing Russian home appliances market.
...Plans call for launching a full-scale Russian-based household appliance production before the year is out.
...Electrolux is yet to specify its Russian-based production targets. However, according to Sweden's papers, the effort may involve the annual output of up to a million of domestic appliances to include electrical ranges, refrigerators and washing machines.
FORMER FRIGIDAIRE HQ IN OHIO TO BE CLOSED BYSWEDISH OWNER
2 April 1998
The Plain Dealer Cleveland, OH
...A Frigidaire plant in suburban Dublin that once served as the company's headquarters and employed up to 600 people two years ago will be closed, company officials said.
...A.B. Electrolux, headquartered in Stockholm, Sweden, is closing the plant as part a restructuring that will shut 75 plants and warehouses worldwide. A total of 12,000 workers will lose their jobs.
ELECTROLUX SETS UP FRIDGE-DISMANTLING PLANT AT HUF87M COST.
26 January 1998
Világgazdaság
...Electrolux Lehel Hutogepgyar Kft has set up a fridge-dismantling plant, where the old, no longer used refrigerators will be dismantled in an environmentally-friendly manner.The plant cost HUF87m, of which the Hungarian state financed HUF26m. By the year 2000 about 50,000 fridges will be dismantled at the plant annually.
=======================
Electrolux divests plant in Malmo
21 December 1999
NORDIC BUSINESS REPORT
...The Swedish electrical appliances company Electrolux is to sell its stainless steel counters and dishwasher accessories manufacturing plant in Malmo, Sweden.
...Electrolux is divesting the facility as part of the restructuring of its professional appliances business sector. The Malmo facility has a staff of 80.
ELECTROLUX READIES PLAN FOR NIZHNY NOVGOROD PLANT.
11 October 1999
Communications & Electronics Report
...Sweden's Electrolux will present the Nizhny Novgorod regional administration with a business plan for setting up a home appliances plant by the end of October
...The first stage of the plan is for assembly of 300,000 washing machines a year. in the following two years, full scale production of washing ma-chines, refrigerators and gas cookers is to follow. Total investment by Electrolux is estimated at $80 million over five-six years.
Electrolux Lehel still assessing fire damage.
17 September 1999
MTI - Econews
...It remains uncertain when production will resume at the Electrolux Lehel Refrigerator Plant absorbtion unit following Thursday's fire, general manager Janos Takacs told MTI on Friday. Mr Takacs said the damage was still being assessed to equipment in nearby facilities caused by pollutants generated at the time of the fire from burning PVC
Fire at Electrolux warehouse.
16 September 1999
MTI - Econews
...A fire broke out at the product warehouse of the absorption refrigerator producing section of Jaszbereny-based Electrolux Lehel Refrigerator Kft early morning on Thursday.
TWO ELECTROLUX HOLDINGS TO MERGE.
24 August 1999
Interfax Hungary Weekly Business Report
...Lehel Refrigerator Factory Ltd and Electrolux Leisure Appliances Ltd - both wholly owned, directly or indirectly, by the Sweden's Electrolux AB - are to merge, reports MTI-Eco. There are four Electrolux subsidiaries in Hungary - Electrolux Lehel Refrigerator Factory, Electrolux Leisure Appliances, Electrolux CR Ltd, and Electrolux Financial Services.
...After the merger, the enlarged Electrolux Lehel Refrigerator Factory will have registered capital of HUF 7.25 billion (USD 30.6 million)
Electrolux Hungary plant opens after fire.
19 May 1999
Reuters News
...Electrolux AB reopened on Wednesday a refrigerator plant destroyed by a fire last August. Production is expected to recover to 600,000 units per year.
Electrolux of Sweden to start production of prototypes at Pori.
28 April 1999
Kauppalehti
...Electrolux is to set up a new plant for the production of prototypes in connection with its new logistics centre in Pori.
============
I trust that gives you a pretty good overview of a pretty turbulent decade.
If there's anything more you need on this, just let me know.
pafalafa-ga
Thanks for your note. Your comments indicated that you would like links to the full articles, but I'm afraid that's not possible.
The articles I referenced are all from commercial databases like Factiva and Lexis-Nexis. As such, there are no direct links to the full articles -- they are only accessible if you have subscription access to the services.
I can't post the articles in full myself, since they are ed. Best I can do is to post excerpts.
I will see if I can post excerpts (as I did for 1990) to cover the full decade. I'm sure it will take a few days, at least, so be patient.
In the mean time, if the absence of links is going to pose problems for you, please let me know in a follow-up comment.
Thanks,
pafalafa-ga
first of all: the kind of information you found is exactly what I was looking for.
Thank you al lot for your remarks about the width of my request, I apologize, I think I still have to take the measurement of this service. The only boundaries I can think of that would not affect the relevance of the information for me, are time limits. Instead of splitting the question into two questions, one for years 90-94, the other for 95-99, I tried to adequate my offer. Now the ?reward/task ratio? is double than before, I hope that this will do. Shouldn?t it be so, please let me know. What else can I say? I hope that if you decide to complete the task, I will get links to the complete articles. As far as I?m concerned, I would consider very satisfying also a list of links to articles that from the title might be relevant, and then doing the screening myself, probably this might spare you some time.
Regards
VerdeMilonga
#If you have any other info about this subject , Please add it free.# |