Reorganisation at Electrolux Italy

The largest appliance maker in Europe said it will close its factory in Scandicci, planned to eliminate about 750 jobs.

Electrolux is cutting costs to improve
profit margins and to be able to compete with rivals like Whirlpool
in the United States, which are also transferring production to sites
with lower expenses. Asian and East European competitors like Samsung
Electronics of South Korea and Gorenje, based in Slovenia, are also
seeking to gain market share.

Electrolux last year announced the
closure of kitchen stove plants in Britain and Denmark.