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

Gorenje to Develop Company Independently
Jun 1, 2004
 Printable format
 Email this Article
 Search

Slovenian-based home appliance maker Gorenje announced it wishes to continue to develop the company on its own and not as part of a larger group, the company's chairman Franjo Bobinac told Slovenian newspaper, Dnevnik, rejecting suggestions of a possible takeover.

According to Mr. Bobinac, Gorenje is sufficiently large enough to benefit from the economies of scale, while it is also sufficiently small enough to adapt quicker than its bigger rivals. According to Mr. Bobinac, all the efforts of the home appliances group are currently directed at independent development and the creation of a respected European brand name. However, he said a decision regarding any takeovers are left to the owners.

The company will pursue the goal of becoming one of the top five European producers of white goods with internal growth and the acquisition of other companies, Mr. Bobinac explained. "We are currently looking at possible targets in Southeastern and Eastern Europe," he said, adding that he was sure that Gorenje's production would, in the next 2 years, expand to at least two other locations.

Refusing to specify where Gorenje intends to open the new production facilities, Mr. Bobinac did report that one of the locations would be located in Serbia-Montenegro. He also said that there would be no job cuts at Gorenje's plant in Velenje.

Gorenje's CEO also pointed out that the group recently opened an office in Hong Kong, which is in charge of providing cheaper raw materials and parts. (Slovenian Business Week, Slovene Press Agency STA)

Back to Daily News

 

Daily News

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

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

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

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

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows