Italian market: negative trend for home appliances
From January to September the home appliances sector recorded a negative trend on the Italian market. According to GfK, major appliances value decreased by 2.4%, with a fall of the sold units of…
BSH certified Great Place to Work in USA
BSH Home Appliances Corporation received the certification by Great Place to Work, the American organization that identifies the nation’s best places to work. Two-thirds of Great Place to Work’s assessment of a company’s…
Midea will produced Toshiba appliances in India
According to the economic web magazine Indiatimes.com, Midea Group announced its intention to introduce Toshiba brand home appliances in the Indian market. The Chinese Group owns around 80 per cent stake in Toshiba…
Whirlpool will build a new Factory Distribution Center in Oklahoma
Whirlpool Corporation plans to expand its operations in Tulsa, Oklahoma with the addition of a new Factory Distribution Center (FDC). Adjacent to its existing manufacturing plant, the warehouse will support increased production capacity…
Whirlpool grows in North America but not in the EMEA region
Third-quarter net sales for Whirlpool Corporation were 5.3 billion dollar, compared to 5.4 billion in the same prior-year period. Excluding the impact of currency, sales increased 1.5 percent. In the North America market,…
Whirlpool names Carey Martin vice president of global human resources
David Binkley, chief human resources officer and a member of Whirlpool Corporation’s executive committee, will begin his planned retirement on March 1, 2019 after nearly 35 years of service. Carey Martin, vice president…
Haier acquires the Italian Candy
Qingdao Haier Co and Candy signed an agreement on the combination of the activities of the two companies. According to the agreement, Haier will invest 475 million euro to further accelerate its growth…
AHAM expresses concern for new tariffs on home appliances
The Trump administration’s has imposed tariffs on another 200 billion dollar of products imported from China. This latest round of tariffs took effect on September 24 at a rate of 10 percent and…
The Russian Federation joined IRHMA
The International Roundtable for Household Appliance Manufacturer Associations (IRHMA) announced the involvement of Russia among the countries that gather together to discuss important theme about home appliances industry and sustainable technology solutions for…
Miele grows by 4.3%
Miele closed with satisfaction its 2017/18 financial year ended June 30, 2018. The company recorded sales of 4.1 billion euro, that means a year-on-year increase of 167 million euro (+4.3%). Of this growth…
