1930
The first built-in refrigerator is launched. Electrolux is listed on the Stockholm Stock Exchange. Harry G. Faulkner is appointed CEO.
The first built-in refrigerator is launched. Electrolux is listed on the Stockholm Stock Exchange. Harry G. Faulkner is appointed CEO.
Vacuum cleaner production begins in Old Greenwich, Connecticut. Electrolux also presents L1, the first air-cooled refrigerator.
Electrolux acquires AB Volta from Wenner-Gren. Volta is focused on retail sales. The Group now has an alternative to home sales of vacuum cleaners and thereby gains greater market coverage.
A fire destroys part of the factory on Lilla Essingen.
Electrolux announces that the company has sold one million refrigerators since the beginning of the 1930s. Production of vacuum cleaners begins in Melbourne, Australia.
The factory on Lilla Essingen is rebuilt and modernized with a central laboratory for product development.
Streamlined products are modern. Of the vacuum cleaners of this decade, the Z30 – nicknamed ”the Loaf” with a design by Laurelle Guild – keeps pace with the trend.
Wenner-Gren resigns as chairman of the Board, but remains as majority owner of Electrolux and moves to the Bahamas. He is succeeded as chairman of the Board by Axel F. Enström.