Latest news with #ElectroluxGroup
Associated Press
21-05-2025
- Business
- Associated Press
New Electrolux Vacuum Elevates Home Care Game
Company launches its first wet-dry vacuum in North America CHARLOTTE, N.C., May 21, 2025 /PRNewswire/ -- The company has launched its first wet-dry vacuum under the Electrolux brand in North America, with two models designed to clean everyday messes with flexibility and ease. The Electrolux 2-in-1 Wet-Dry Vacuum standard model is perfect for hard surfaces, while the Complete Home model adds a convenient, motorized bristle attachment for tackling carpeted areas for a complete home cleaning. The products are priced at $499 and $699, respectively, and are now available on 'We're pleased to be bringing these efficient, versatile vacuum cleaners to the North American market under our Electrolux brand, as we strive to help consumers live better,' says Jackie Orsini, director for Consumables & Accessories, Small Domestic Appliances and Wellbeing for Electrolux Group North America. 'We understand consumer preferences vary, and these models ensure their family's needs are met while also reducing the number of floorcare appliances in the home.' The products' features will elevate consumers' cleaning routines in the following ways: * Pricing and promotions subject to change and can vary by retailer. About Electrolux Group Electrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2024, Electrolux Group North America had sales of $4.3 billion and employed more than 9,000 people. For more information go to View original content to download multimedia: SOURCE Electrolux Group
Malaysian Reserve
28-04-2025
- Business
- Malaysian Reserve
Electrolux Laundry Pair Named 2025 Sustainable Product of the Year
Recognition demonstrates company's commitment to building sustainable homes through meaningful product innovations. CHARLOTTE, N.C., April 28, 2025 /PRNewswire/ — The Electrolux 700 Series Front Load Laundry pair – designed for cold water efficiency – was named to Green Builder Media's 2025 Sustainable Products of the Year. Green Builder Media's list showcases top-performing innovations that focus on green building and sustainable living. The organization applauded the Electrolux washer's innovative and effective stain removal technology and cold-water wash settings that ensure consumers don't sacrifice cleaning performance for eco-friendliness. The Electrolux laundry pair is the brand's newest laundry product offering to help consumers live better, save money and reduce their environmental impact with ease and without sacrifice. Product features include: ENERGY STAR® Most Efficient 2025 Washer: The highest public declaration of appliance energy efficiency available through EPA ENERGY STAR® in the US and Canada certifies both energy and water efficiency. Optimized for better performance in cold water: Cold water can deliver the same cleaning results, while saving on energy costs, reducing carbon emissions and helping clothes last longer. Smart Boost® technology: Premixes water and detergent for the most effective stain removal, even in cold water. Wear it AgainTM cycle: Dryer cycle that refreshes lightly worn or stored clothing in just 15 minutes, allowing consumer to avoid the wash altogether. 'Leaf' indicator: The Care Meter on the user interface of both washer and dryer shows green leaf levels to help consumers choose settings that save water, energy and are gentler on fabrics. Certified zero waste to landfill: Both products are assembled in a certified zero waste to landfill facility. 'We pride ourselves on equipping consumers – and their loved ones – with the resources they need to make sustainable choices in their home,' said Ricardo Cons, president and CEO of Electrolux Group for business area North America. 'Our laundry technology allows consumers to achieve comparable cleaning performance at lower temperatures while also significantly reducing energy costs, water consumption and carbon emissions. We appreciate the recognition from Green Builder Media and their shared goal of making sustainable homes accessible to all.' About Electrolux GroupElectrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2024, Electrolux Group North America had sales of $4.3 billion and employed more than 9,000 people. For more information go to
Associated Press
28-04-2025
- Business
- Associated Press
Electrolux Laundry Pair Named 2025 Sustainable Product of the Year
Recognition demonstrates company's commitment to building sustainable homes through meaningful product innovations. CHARLOTTE, N.C., April 28, 2025 /PRNewswire/ -- The Electrolux 700 Series Front Load Laundry pair - designed for cold water efficiency - was named to Green Builder Media's 2025 Sustainable Products of the Year. Green Builder Media's list showcases top-performing innovations that focus on green building and sustainable living. The organization applauded the Electrolux washer's innovative and effective stain removal technology and cold-water wash settings that ensure consumers don't sacrifice cleaning performance for eco-friendliness. The Electrolux laundry pair is the brand's newest laundry product offering to help consumers live better, save money and reduce their environmental impact with ease and without sacrifice. Product features include: 'We pride ourselves on equipping consumers - and their loved ones - with the resources they need to make sustainable choices in their home,' said Ricardo Cons, president and CEO of Electrolux Group for business area North America. 'Our laundry technology allows consumers to achieve comparable cleaning performance at lower temperatures while also significantly reducing energy costs, water consumption and carbon emissions. We appreciate the recognition from Green Builder Media and their shared goal of making sustainable homes accessible to all.' About Electrolux Group Electrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2024, Electrolux Group North America had sales of $4.3 billion and employed more than 9,000 people. For more information go to View original content to download multimedia: SOURCE Electrolux Group
Zawya
25-02-2025
- Business
- Zawya
Electrolux retains its brands in Egypt, plans for growth
Arab Finance: Electrolux Group will maintain its operations in Egypt based on a final evaluation of various options, as per an emailed press release. This follows the potential assets sale announcement made on July 20th, 2023, as the group was preparing to liquidate some assets covering the production and sale of large-scale appliances. The group's brands in Egypt, topped by Zanussi, have a large market share that continues to grow, which encouraged Electrolux to retain its assets in the Middle East and Africa (MEA). Electrolux Group follows a strategy focusing on sustainable innovation in customer experience, backed by digital transformation and direct interaction. This strategy targets achieving sustainable growth and profits as well as providing the required sources. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Yahoo
24-02-2025
- Business
- Yahoo
Electrolux Group retains business in Egypt with intention to grow
STOCKHOLM, Feb. 24, 2025 /PRNewswire/ -- After an evaluation of various alternatives, Electrolux Group has decided to retain its business in Egypt since the value is considered to be higher if it remains within the Group. The business in Egypt includes sales and production of major appliances as well as water heaters and is profitable with well-established and strong brands. "We have a successful business in Egypt and after evaluating different options, we concluded that it will create a higher value by continuing to be part of the Group", says Yannick Fierling, President & CEO of Electrolux Group. "Our objectives going forward are to take advantage of the growing market in Egypt and increase our market share as well as to expand export from Egypt." The potential divestment of the Group's business in Egypt was communicated as part of the announcement on July 20, 2023 to initiate preparations for divestment of certain assets. After today's announcement, this divestment program is closed. This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 24-02-2025 19:00 CET. CONTACT: For more information:Ann-Sofi Jönsson, Investor Relations, +46 73 025 10 05Electrolux Group Press Hotline, +46 8 657 65 07 This information was brought to you by Cision The following files are available for download: 250224 PR Electrolux retains Egypt business View original content: Sign in to access your portfolio
