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Home (13041 companies) > Sweden (121 companies) > Appliance (1 companies) >
Electrolux
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« ETHICAL » RATING OF ELECTROLUX
, group
and subsidiaries
[ ?] |
| Job: 27% of company's jobs cut since 1998 |
| Environment: 1 major pollution(s) |
| Tax haven, secret bank account, shell companies: operates in 2 offshore financial center(s) |
| Sales: more than 11 billion(s) dollars/euros in annual sales |
| Net profit: more than 3 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 37 times the median income in the United States (32000 US$/year) |
| Influence: 1 act(s) of direct corruption or lobbying |
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Relevance: business & market share |
year | business source |
| 2005 | Third-largest household appliances maker in Europe. | Les Echos  |
| 2004 | Electrolux sells 14,9% of the Household appliances bought in Europe | Les Echos  |
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World locations & Manufacturing |
year name | photo position; compensation source |
| 1999Andersson, Rune |  Chairman of the Board; attendance fee: 0.12 million Eu€; |
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year | dubious practice : image source |
| 1997 | slogan: Electrolux, the marriage of the year.; |  |
| 1997 | slogan: Intelligent design from Electrolux; |  |
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year | employees <> | social impact : country source |
| 2008 | -400 | Internal restructuring: Electrolux launched in 2005 a five-year plan to shift about half its production to low-wage countries, saving 3.5 billion kronor annually by 2010.: Sweden | Bloomberg |
| 2007 | -500 | Relocation: Electrolux closes its Spennymoor factory and relocates the production of cooking equipment in Poland.: United Kingdom | Les Echos |
| 2007 | | Relocation: Electrolux delocalized 25% of its production in countries at low cost of labour in 2 years.: | Les Echos  |
| 2006 | -700 | Relocation: Electrolux will restructure its Webster City facility and transfer front-load washers and companion dryers' production to a new plant built in Juarez, Mexico.: United States of America | AP  |
| 2005 | -1658 | |  |
| 2005 | -540 | Relocation: Electrolux is examining the closure of the production centre of Fuenmayor (La Rioja) and is considering delocalising its activity to Hungary where it owns a production centre.: Spain |  |
| 2004 | 72182 -500 | Relocation:  | |
| 2003 | 77140 | |  |
| 2002 | 83347 | |  |
| 1999 | -11000 | |  |
| 1998 | 99322 | |  |
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year | country : consequences source |
| 2002 | United States of America : 25 procès intentés en nom collectif, dans l'état du Mississippi, contre sa filiale White Consolidated Industries (WCI) et la marque Frigidaire, pour contamination par l'amiante | Lesinfos.c.  |
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year | purpose : intermediary/lobby : institution source |
| 1999 | Market access and investment protection (through WTO, GATS), avoid social and environmental rules : ICC (International Chamber of Commerce) : : WTO, GATS translate | Corporate .  |
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year |   | sales | income | | buyback | source |
| 2006 |
| 11.4 | 0.42 | |   | billion Eu€ |  |
| 2004 |
| 13.35 | 0.35 | |   | billion Eu€ |  |
| 2003 |
| 13.73 | 0.5 | |   | billion Eu€ |  |
| 2002 |
| 15.35 | 0.59 | |   | billion US$ |  |
| 2001 |
| 12.96 | 0.37 | |   | billion US$ |  |
| 2000 |
| 13.21 | 0.47 | |   | billion US$ |  |
| 2000 |
| | | | 36.62 | million shares | AFX  |
| 1999 |
| 14.02 | 0.49 | |   | billion US$ |  |
| 1998 |
| 14.29 | 0.04 | |   | billion US$ |  |
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