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) |
Motala | Sweden | Cookers | (Q2 2010) |
St. Petersburg | Russia | Washing machines | (Q2 2010) |
Authorized closures | Estimated closure | ||
Webster City | USA | Washing machines | (Q1 2011) |
Alcalà | Spain | Washing machines | (Q1 2011) |
L’Assomption | Canada | Cookers | (Q4 2013) |
Investment | Effected | ||
Porcia | Italy | Washing machines | (Q4 2010) |
Memphis | USA | Cookers | (Q2 2012) |
In 2004, Electrolux initiated a restructuring program to make the Group’s production competitive in the long term. When it is implemented in 2011, more than half of production of appliances will be located in low-cost areas. The total cost of the program will be approximately SEK 8.5 billion and savings will amount to approximately SEK 3.4 billion annually as of 2013. Restructuring provisions and write-downs are reported as items affecting comparability within operating income. For information on provisions in 2010, see table on page 8.