Plant closures and cutbacks | Closed | ||
Nuremberg | Germany | Dishwashers, washing machines and dryers | (Q1 2007) |
Torsvik | Sweden | Compact appliances | (Q1 2007) |
Adelaide | Australia | Dishwashers | (Q2 2007) |
Fredericia | Denmark | Cookers | (Q4 2007) |
Adelaide | Australia | Washing machines | (Q1 2008) |
Spennymoor | UK | Cookers | (Q4 2008) |
Changsha | China | Refrigerators | (Q1 2009) |
Scandicci | Italy | Refrigerators | (Q2 2009) |
Authorized closures | Estimated closure | ||
St. Petersburg | Russia | Washing machines | (Q2 2010) |
Webster City | USA | Washing machines | (Q1 2011) |
Alcalà | Spain | Washing machines | (Q1 2011) |
Investment | Effected | ||
Porcia | Italy | Washing machines | (Q4 2010) |
In 2004, Electrolux initiated a restructuring program to make the Group’s production competitive in the long term. When it is fully implemented in 2011, more than half of production of appliances will be located in low-cost countries and savings will amount to approximately SEK 3 billion annually. Restructuring provisions and write-downs are reported as items affecting comparability within operating income. For information on provisions in 2009, see table Items affecting comparability.