Electrolux

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Title: Electrolux

Essay Details:

Subject: Business

Author: Rosalinda V

Date: January 11, 2011

Level: University

Grade: B

Length: 1 / 261

Essay text:

Existing facilities in Western Europe were closed, while new factories in Eastern Europe were opened – despite strong EU objections. The merits (or failings) of these business moves remain elusive. However, in 2006, Electrolux still managed to retain approx. 57,000 employees and record global sales of SEK 104 billion (about ?11 billion). Electrolux owns and operates 22 factories in Europe and, after Whirlpool Corp., is the world's second-largest appliance manufacturer. Electrolux had held the number-one spot prior to Whirlpool's 2006 merger with Maytag. In that same year, Electrolux spun off its lawn and garden and outdoor products division called Husqvarna AB - known in the USA as "Husqvarna Outdoors," with its Husky product line – in accordance with its restructuring plan...

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