Relocation of production, items affecting comparability, restructuring measures

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
Motala1) Sweden Cookers Q1 2011
Webster City USA Washing machines Q1 2011
Alcalà Spain Washing machines Q1 2011
1) Divestment      
Authorized closures Estimated closure
L’Assomption Canada Cookers Q4 2013
       
Investment Starting
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 3bn. About 35% of manufacturing in high-cost areas have been moved and more than 60% of the Group’s household appliances are currently manufactured in low-cost areas that are near rapidly-growing markets for household appliances. In 2011, additional measures were presented to further adapt capacity in mature markets to lower demand. The total cost for the whole program will be approximately SEK 12bn and savings will amount to approximately SEK 5bn annually as of 2016. Restructuring provisions and write-downs are reported as items affecting comparability within operating income.