Plant closures and cutbacks | Closed | ||
Torsvik | Sweden | Compact appliances | Q1 2007 |
Nuremberg | Germany | Dishwashers, washing machines and dryers | 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 |
St. Petersburg | Russia | Washing machines | Q2 2010 |
Motala | Sweden | Cookers | Q1 2011 |
Webster City | USA | Washing machines | Q1 2011 |
Alcalà | Spain | Washing machines | Q1 2011 |
Authorized closures | Estimated closure | ||
L’Assomption | Canada | Cookers | Q4 2013 |
Investments | Start | ||
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. This program is in its final phase and has so far yielded annual savings of about SEK 3.2 billion. In 2011, additional measures were presented to further adapt capacity in mature markets to lower demand and savings were estimated to approximately SEK 1.6 billion as of 2016. Total costs for all measures are approximately SEK 12 billion, of which approximately SEK 9 billion has been charged to operating income. Restructuring provisions and write-downs are reported as items affecting comparability within operating income.