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Encyclopedia > Electrolux

AB Electrolux
Type Public
Founded 1910
Headquarters Flag of Sweden Stockholm, Sweden
Revenue SEK 129.47 billion / US$ 16.3 billion (2005)
Operating income SEK 3.94 billion / US$ 496.1 million (2005)
Net income SEK 1.52 billion / US$ 191.0 million (2005)
Employees 57,000 (2005)
Website www.electrolux.com

The Electrolux Group is a Swedish corporation which manufactures home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under brands such as Electrolux, AEG-Electrolux, Zanussi, Eureka and Frigidaire. Electrolux also makes Kenmore Appliances for Sears Holdings Corporation. Image File history File links Electrolux_logo. ... Image File history File links Flag_of_Sweden. ... For other uses, see Stockholm (disambiguation). ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Image File history File links Red_Arrow_Down. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links Red_Arrow_Down. ... ISO 4217 Code SEK User(s) Sweden Inflation 2. ... This article is about work. ... Image File history File links Red_Arrow_Down. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Aerus LLC is a corporation manufacturing vacuum cleaners and air purifiers. ... Binomial name Compagno & Heemstra, 2007 Electrolux addisoni is a species of electric ray (order Torpediniformes) of the family Narkidae. ... For other uses, see Corporation (disambiguation). ... “Freezer” redirects here. ... A Dishwasher A two drawer DishDrawer dishwasher. ... Front-loading washing machine. ... Regular canister vacuum cleaner for home use. ... A stove is a heat-producing device. ... Zanussi is an Italian producer of home appliances that in 1985 was bought by Electrolux. ... Eureka is a manufacturer of vacuum cleaners. ... Frigidaire is a major US appliance company owned by Electrolux. ... A brand name of household appliances produced mainly by Whirlpool (and various other manufacturers, such as Panasonic for vacuum cleaners), Electrolux and Mabe Mexico for white goods and sold by Sears Holdings Corporation in the USA. BBQ Grilles Dishwashers Microwaves Refrigerators Stoves Vacuums Cleaners Other household products Sears, Roebuck and... Sears Holdings Corporation (NASDAQ: SHLD) is the fourth largest retailer in the United States, behind Wal-Mart, The Home Depot, and Kroger. ...


Electrolux has started an overall restructuring program in 2003 around Europe in order to improve their negative signs in their operational results. Factories were closed in Western Europes, new factories started in Eastern Europe - despite strong Union objections. However, the result is still not obvious. In 2006, Electrolux had sales of SEK 104 billion and approx. 57,000 employees. Electrolux has 22 factories in Europe and is the world's second largest appliance manufacturer after Whirlpool Corp. Electrolux held the number one spot prior to the merger of Whirlpool and Maytag in 2006. In 2006, Electrolux spun off its lawn and garden and outdoor products division as Husqvarna AB - known in the USA as Husqvarna Outdoors - in accordance with the restructuring program. ISO 4217 Code SEK User(s) Sweden Inflation 2. ... For other uses, see Europe (disambiguation). ... Husqvarna AB is a Swedish company that is one of the worlds largest manufactures of chain saws, lawn and garden equipment, and cutting equipment for the stone and construction industries. ...


Marcus Wallenberg is the chairman of the board. The phrase Chairman of the Board has several meanings: Chairman of the Board is the term used to denote the leader of a corporations board of directors. ...


Electrolux UK are the official sponsor of Luton Town, of the Football League Championship. Luton Town Football Club are an English football team based in the town of Luton in Bedfordshire. ... The Football League Championship (often referred to as The Championship for short, the Coca-Cola Football League Championship for sponsorship reasons) is the highest division of The Football League and second-highest division overall in the English football league system after the Premier League. ...

Contents

History

Electrolux was founded in 1910 as Elektromekaniska AB, and changed its name to Elektrolux after merging with Lux AB in 1919. (The direct selling division of Electrolux retained the name "Lux", and is now an independent company.[1]) The spelling was changed to Electrolux in 1957.


The company was organized as a holding company in 1928 and grew rapidly during the 1970s under the leadership of Hans Werthén. A holding company is a company that owns part, all, or a majority of other companies outstanding stock. ...


In North America, the Electrolux name was long used by a vacuum cleaner manufacturer, founded by a Swedish businessman who emigrated to the U.S. In 1998, that company transferred its rights to the trademark in North America to the Electrolux Group, and now operates under the name Aerus LLC. Following the return of the trademark, Electrolux of Sweden has added a line of Electrolux home appliances in the U.S. and Canada to its previous products. North America North America is a continent[1] in the Earths northern hemisphere and (chiefly) western hemisphere. ... Regular canister vacuum cleaner for home use. ... Aerus LLC is a corporation manufacturing vacuum cleaners and air purifiers. ...


In 2002 Hans Stråberg was appointed president and CEO. Also see: 2002 (number). ... Hans StrÃ¥berg has served as President and CEO of AB Electrolux since April 2002 and, at age 50, is one of the youngest chief executives of a global Fortune 500 company. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ...


Recent Product Premieres

2000: Premiere of the Screenfridge, an Internet-connected refrigerator designed to be the communications hub for the home as well as keeping track of cold foodstuffs. This concept was developed into an actual product, currently available from the company.


2001: Introduction of the Oxygen vacuum cleaner, equipped with the Electrolux O2 filter system HEPA 13, which provides 99.5% filtration capacity, meaning that the exhaust air is actually cleaner than the air on the North Pole


2002: Launch of the world’s first robot vacuum cleaner, Trilobite


2002: Launch of the world’s first talking washing machine, the Washy Talky, in India


2003: Electrolux supplies household appliances to Terra Nova Bay base on the Antarctic coast. The base is also used as a temporary stock for additional units destined for the inland Concordia base when the local winter season ends in October. Concordia Research Station, which opened in 2005, is a research facility that was built 3,233 m above sea level at a location called Dome C on the Antarctic Plateau, Antarctica. ...


2003: Electrolux introduced the first Design Lab competition for students The Electrolux Global Design Laboratory is an annual competition held by Electrolux, a leading household appliance company. ...


2005: Electrolux introduces new colored and patterned appliances.


Slogan

In the 1960s, the company successfully marketed vacuums in the United Kingdom with the slogan "Nothing sucks like an Electrolux."[2][3][4] British consumers took the slogan literally because "sucks" as a term of disparagement is strictly an Americanism. However, US Americans often incorrectly believe that this was a brand blunder, and this is erroneously claimed even in college business textbooks[5]. In fact, the informal US meaning of "sucks" was already well known in the UK at the time, and the company's "marketing people were fully aware of the possible double entendre and intended it to gain attention".[6] Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... Brand blunder refers to the goof ups associated with the branding of a product, especially a new product in a new market. ...


The slogan has been adapted by minicomputer geeks as "Nothing sucks like a VAX", punning on the UK competitor vacuum brand Vax[7]. Minicomputer (colloquially, mini) is a largely obsolete term for a class of multi-user computers which make up the middle range of the computing spectrum, in between the largest multi-user systems (traditionally, mainframe computers) and the smallest single-user systems (microcomputers or personal computers). ... The word geek has recently come to be used to refer to a person who is fascinated by knowledge and imagination, usually electronic or virtual in nature. ... VAX is a 32-bit computing architecture that supports an orthogonal instruction set (machine language) and virtual addressing (i. ... For other uses, see Pun (disambiguation). ... Vax is a brand of vacuum and carpet cleaning products. ...


Trivia

Electrolux has the distinction of being the brand of vacuum cleaner that Jon Fishman of the legendary band Phish plays while preforming a "vacuum cleaner solo." Jon Fishman is a drummer, best known for his work with the American jam band Phish. ... This article is about the band. ...


Brands

AEG volt-meter designed by Peter Behrens AEG (Allgemeine Elektrizitäts-Gesellschaft, General Electricity Company) was a German producer of electronics and electrical equipment. ... For other uses, see Chef (disambiguation). ... This article is about the current worldwide manufacturer of Electrolux products. ... Electrolux Laundry Systems, previously named Electrolux Wascator, is a part of the Electrolux Group. ... Eureka is a manufacturer of vacuum cleaners. ... Frigidaire is a major US appliance company owned by Electrolux. ... Gibson appliances are a brand of Electrolux, part of the Frigidaire operating unit. ... Kelvinator Appliance ad from 1951 Kelvinator is an appliance company since 1994 owned by Electrolux of Sweden. ... Lehel is the name of a Hungarian company. ... Team Molteni was founded by Ambrogio Molteni, whose family owned a well-known salami company. ... The Parkinson Cowan, produced by Parkinson Cowan Society, is a third-generation stove, oven, and grill set. ... Rosenlew is an Electrolux owned home appliance brand available in Finland. ... // Simpson may refer to: Locations Simpson, Illinois Simpson, Kansas Simpson, Louisiana Simpson, North Carolina The Simpson desert, Australia People whose surname is or was Simpson Alan Simpson, British scriptwriter, part of the Galton and Simpson team Albert B. Simpson, Canadian-American evangelist and founder of the Christian and Missionary Alliance... Tappan is a brand of stoves owned by Electrolux. ... Electrolux Laundry Systems, previously named Electrolux Wascator, is a part of the Electrolux Group. ... This article is about the defunct Westinghouse Electric Corporation founded in 1886, renamed CBS Corporation in 1997, and purchased by Viacom in 1999. ... White-Westinghouse is an appliance company formed by the acquisition of the Westinghouse Electric Companys appliance unit by White Consolidated Industries in 1975. ... Zanussi is an Italian producer of home appliances that in 1985 was bought by Electrolux. ...

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  Results from FactBites:
 
WELCOME TO ELECTROLUX USA (67 words)
Electrolux has been making premium appliances for use in fine homes and restaurants in Europe for more than 70 years.
Electrolux ICON™ appliances are the latest offering, available in North America.
For more than 90 years, Electrolux has built small appliances that are reliable, innovative and beautifully designed - all with you in mind.
Electrolux Floor Care (405 words)
Founded in 1919, the Electrolux Group has pioneered the development of the modern canister-type vacuum cleaner.
For over 85 years, the Electrolux name has stood for outstanding quality and has led the way with modern features and styling.
Electrolux designers begin by thinking about people, not vacuums.
  More results at FactBites »

 

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