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.
Related news
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >