Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Electrolux Acquires Manufacturing Facility in Ukraine
Aug 9, 2010
 Printable format
 Email this Article
 Search

Electrolux will acquire a factory in Ivano-Frankivsk, Ukraine, for 19 million euros from current owner, appliance OEM Antonio Merloni S.p.A. Antonio Merloni has owned the plant since 2003 and currently has 150 employees there.

The deal is expected to close in the first quarter of 2011 and will provide a way for Electrolux to expand its operations in the emerging markets in Eastern Europe. The acquisition will function as a part of the Electrolux supply base for markets in Central and Eastern Europe. Ukraine participates in the free trade framework within the Commonwealth of Independent States (CIS), which includes Russia, Kazakhstan, Armenia, Azerbaijan, and other countries.

"By broadening our manufacturing base in the emerging markets of Eastern Europe we will increase our competitiveness and be able to supply CIS markets from within the CIS area," said Hans Stråberg, president and CEO of Electrolux.

Back to Daily News

 

Daily News

...........................................................

Aug 21, 2014: TTI Reports Record Sales

Aug 14, 2014: Electrolux In Talks to Acquire GE Appliances

Aug 14, 2014: June U.S. Cutting Tool Consumption Strongest of 2014

Aug 13, 2014: Manufacturing Technology Orders Up in June

Aug 13, 2014: Toshiba Appliance/Electronics Segment reports Higher 1Q Sales

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows