Electrolux
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Sweden in Recession Despite Soft Lockdown
Sweden's highly contested response to Covid-19 left much of the economy open. Even so, the country is now headed for its worst recession since World War II.
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Cartel ALFA: Swedish appliance producer Electrolux threatens to relocate production from Satu Mare to Poland
The Swedish owner of Electrolux Satu Mare threatens, through the voice of the workers who did not join the strike, to relocate its production to Poland, informs a release issued by president of the "Cartel ALFA" National Trade Union Confederation Bogdan Hossu on Friday. The reaction of the union leader comes after 100 non-striking employees sent an open letter to their striking fellows.
General Electric says cancels sale of its appliance division to Electrolux
General Electric announced Dec. 7 that it has decided to cancel the agreement to sell its appliance division to the Swedish group Electrolux which had offered last year to buy it for $3.3 billion (3 billion euros).