During the second quarter of 2016, Whirlpool Corporation recorded a GAAP net earnings of 320 million dollar, and net sales of 5.2 billion. Excluding the impact of currency, sales increased by 3 percent. Operating profit totaled 366 million dollar, or 7 percent of sales, compared to 273 million, or 5.2 percent of sales, in the […]
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Astoria Coffee Machines consolidates its presence on the Russian market by opening a branch office in Moscow’s Portplaza Business Center. The Italian company, which has actively been on the Russian market since 1992 with a thick network of distributors, this is another important step for its growing internationalization. The company, in fact, is present in […]
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Necchi, historical Italian brand of sewing machines, has signed a five year contract of exclusive license with Twenty, company operating in the consumer electronics market and already owner of Magnadyne and Seleco brands. Twenty will distribute the brand Necchi exclusively on the Italian market for the next five years. Necchi was born more than a […]
Washing with a clean water helps clothes and fabrics to better be preserved, to maintain colors and to last for a longer time. This is why AEG created the new washing machines L9FEC969S of 9000 Series, featuring the advance Softwater technology, able to soften water before it enters the basket and is used in the […]
Matthias Metz will be the new CEO of BSH BSH has its new CEO: the role will be of Matthias Metz from October 1, 2022, who will take the place of Carla Kriwet who lives the company. In this capacity, Metz will be responsible for the global business of the home appliance manufacturer with more […]
JP Iversen, CIO of Electrolux JP Iversen has been appointed new chief information officer (CIO) of Electrolux. The manager succeeds Marcus Claesson, who is leaving Electrolux to pursue an external opportunity. «The Group IT organization and the CIO have an instrumental role to play in the future of Electrolux – commented Jonas Samuelson, president and […]
Elica, one of the most important brand in the domestic kitchen hoods sector, is going to present Elica France, created to strengthen the company’s presence on one of the world’s major markets: with the Elica France offices and B2B showroom in Porte d’Auteuil, Paris, the company will be closer to its customers and in a […]
Veneta Cucine acquired the control of Veneta Cucine France, a distributor that has operated throughout French territory since 2013, with a network of 50 single-brand stores and a turnover of 48 million euros. International development was carried out thanks to the support of NB Aurora, a permanent capital fund specialising in the acquisition of minority […]
This year Ceced Europe has celebrated its 60 anniversary and the Association has decided to renew itself starting from a new name: APPLia. This changing is only the beginning of the deep modernization that has been undertaken by Ceced to represent the European home appliances sector in the best way. A sector that, according to […]
Lg Electronics was named one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights for the third consecutive year and was also awarded the Gold Class distinction in RobecoSAM’s 2016 Sustainability Yearbook at the World Economic Forum in Davos, Switzerland. Lg ranked 44th in the most recent edition, up seven places […]
The Miele FashionMaster is a steam ironing system built at Miele’s own Lehrte production plant. It is an innovative and evolved solution, characterized by an active ironing table with the patented 1-2-Lift System, allowing the machine to be set up and folded away fast. Feature highlights include an automatic descaling and rinsing function and the […]
