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Home (13041 companies) > Sweden (121 companies) > Appliance (1 companies) >



Electrolux


Headquarters location: S:t Goransgatan SE- 105 45 StockholmSwedenTel. 46-8-738-6000 Job offers, investor relations: www.electrolux.com Email: ir@electrolux.se Stock: ELUX


Electrolux belongs to

shareholder
country     %
source
Citigroup Inc.United States of America0.7
Investor ABSweden6.1
Lazard LLCFrance2.6
Skandia Insurance Co.Sweden1.5
Wallenberg (famille)Sweden21

Electrolux owns

subsidiary
country     %
source
Atlas Electrica SA Costa Rica20

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« ETHICAL » RATING OF ELECTROLUX , group and subsidiaries [?]
27%
Job: 27% of company's jobs cut since 1998
1
Environment: 1 major pollution(s)
2
Tax haven, secret bank account, shell companies: operates in 2 offshore financial center(s)
11
Sales: more than 11 billion(s) dollars/euros in annual sales
3
Net profit: more than 3 billion(s) dollars/euros in cumulated net profit since 1998
37
Top management: earns 37 times the median income in the United States (32000 US$/year)
1
Influence: 1 act(s) of direct corruption or lobbying

Relevance: business & market share

year
business
source
2005Third-largest household appliances maker in Europe.Les Echos
2004Electrolux sells 14,9% of the Household appliances bought in EuropeLes Echos

World locations & Manufacturing

country incentive : address & contact : production type
source
Saudi Arabia  Saudi Arabia refrig Mfg Ltd (49%) :
Brazil  Racks Refrigeracao (30%) :
Brazil 
Brazil  Plotter Engenharia SC Ltda (30%) :
China  Zhongyi (Changsha) :
China  Zanussi, Wanbao (50%) :
China  Shanghai-Zanussi Elettromeccanica (30%) :
Egypt  MISR Compressor Mfg (27%) :
Hungary  Lehel Hutogepgyar :
India  Eureka Forbes Ltd (40%) :
India  Kelvinator (55%) :
India  Voltas (74%) :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Electrolux Re :
Mexico  Electrolux de Mexico, SA de CV :
Mexico  Kelvinator de Mexico, SA de CV :
Poland  Olawa : Production, lave-linges entrée et milieu de gamme Les Echos
Poland  Les Echos
Romania  BBC News
Russia  Khimki Husqvarna (50%) :
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Electrolux Holding AG :

Electrolux is managed by

year name
photo position; compensation
source
2006Treschow, Michael
See the photo of: Treschow, Michael Chairman of the Board;
1999Andersson, Rune
See the photo of: Andersson, Rune Chairman of the Board; attendance fee: 0.12 million Eu€;
1999Bruzelius, Peggy
See the photo of: Bruzelius, Peggy Director; attendance fee: 0.03 million Eu€;
1999Halvorsen, Thomas
See the photo of: Halvorsen, Thomas Director; attendance fee: 0.03 million Eu€;
1999Hughes, Louis R
See the photo of: Hughes, Louis R Director; attendance fee: 0.03 million Eu€;
1999Idei, Nobuyuki
See the photo of: Idei, Nobuyuki Director; attendance fee: 0.03 million Eu€;
1999Persson, Stefan
See the photo of: Persson, Stefan Director; attendance fee: 0.03 million Eu€;
1999Treschow, Michael
See the photo of: Treschow, Michael Chief Executive Officer; salary: 0.79 million Eu€;
1999Treschow, Michael
See the photo of: Treschow, Michael Chief Executive Officer; stock-options: 0.07 million shares;
1999Vuursteen, Karel
See the photo of: Vuursteen, Karel Director; attendance fee: 0.03 million Eu€;
1999Wallenberg, Jacob
See the photo of: Wallenberg, Jacob Director; attendance fee: 0.04 million Eu€;

Advertising & marketing

year
dubious practice : image
source
1997slogan: Electrolux, the marriage of the year.;
1997slogan: Intelligent design from Electrolux;

Made by

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
Internal restructuring: Layoffs at the largest refrigerator factory in Greenville, Michigan.: United States of America
2005
-1750
Relocation: Germany
Les Echos
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
2005
-1100
Relocation:
Les Echos
2005
-244
Closure/Bankruptcy: France
Les Echos
2004
72182
-500
Relocation:
2004
-1000
Closure/Bankruptcy: United States of America
Les Echos
2003
77140
2002
83347
2002
-5000
BBC News
2001
-2800
Les Echos
1999
-11000
1998
99322
1989
-68
Canadian L.
1989
-400
Canadian L.

Environmental impact

year
country : consequences
source
2002United 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'amianteLesinfos.c.

Influence

year
purpose : intermediary/lobby : institution
source
1999Market access and investment protection (through WTO, GATS), avoid social and environmental rules : ICC (International Chamber of Commerce) : : WTO, GATS translateCorporate .

Financials

year  salesincome buybacksource
2006   11.40.42   billion Eu€
2004   13.350.35   billion Eu€
2003   13.730.5   billion Eu€
2002   15.350.59   billion US$
2001   12.960.37   billion US$
2000   13.210.47   billion US$
2000   36.62million sharesAFX
1999   14.020.49   billion US$
1998   14.290.04   billion US$

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