Bora iconic building

BORA is committed to innovative kitchen solutions. The company is currently constructing an iconic building in Herford, the eastern Westphalian heart of the German kitchen furniture industry.

Bora has two other sites in Germany at Raubling and Niedendorf as well as one in Sydney, and a flagship store in Munich. It employs 550 people and sell sits products in 60 countries worldwide.

Taurus completes its range of air fryers with two new models

expanding its family of air fryers with two new models that stand out for their large capacity and their multiple programs, which allow you to cook an infinite number of recipes in a fast, clean and healthy way.

Air Fry Digital Duo is the perfect cooking solution for the whole family. Its two 4.5 l baskets make it easy to prepare a large amount of food at the same time. With them, you can even prepare two different recipes at the same time. Plus, the stainless steel interior is durable and cleanup is quick and easy.

Thanks to the Sync Finish technology of this new Taurus model, it is possible to synchronize two different recipes so that they finish at the same time. In addition, it has 12 different preset programs and six different temperature levels.

With a power of 1,300 W, it has a digital touch screen that allows you to adjust the time between 0 and 60 minutes and the temperature between 40 and 200 ΒΊC.

As an additional value, this air fryer includes an online recipe book to learn how to cook any recipe online.

Air Fryer Oil Free Fryer & Oven

For its part, the new Air Fry Digital Grill model combines the best of an air fryer and an oil-free oven that uses hot air to cook food.

Equipped with a transparent door, its large 12L capacity is ideal for cooking larger portions, while the 8 preset programs offer versatility when cooking.

The Taurus Air Fry digital grill uses 360Β° air circulation technology to cook food with little or no oil. This even heat distribution results in crispier foods. It comes with multiple accessories to prepare a wide variety of dishes. It should be noted that thanks to the removable tray it is possible to cook different foods at the same time.

Midea in numbers

Revenues: $50 billion growth in Q1: profits equal to 8% of revenues and colossal investments in R&D. group presents its 2022 financial statements together with the first quarterly report for 2023. In 2022, the company’s total turnover reached 345, 7 billion Yuan (about US$50 billion), an increase of 0.7% year on year. However, net profit of 29.6 billion yuan (8.6% of revenue) increased by 3.4% over the previous year.

In the first quarter of 2023, Midea increased its revenue by 6.3% and its profit by 12% compared to the same period last year.

Founded in 1968, Midea is not only a leader in the household appliances sector. Its five business segments are smart home, building technology, electromechanics, robotics and automation, and digital innovation. It has spent nearly 50 billion yuan at its 35 R&D centers over the past five years. It has 35 major manufacturing bases around the world.Midea exports 41% of turnover (up in 2022 as domestic market shrinks) and ranks first in China in terms of market share for several product categories both online and offline, including air conditioners, ovens countertop microwaves, countertop ovens, electric stoves, induction cookers, electric kettles, etc. One out of three air conditioners sold in China is made by Midea

How to make a golden coffee?

Homezest is breaking new ground, reinventing coffee preparation and paving the way – for more aromas, more variations and more time for your enjoyment.

So here comes the Auto Pour Over Filter Coffee Machine with Scale. Model no.: CDC-503.Features:
Β· Rotates the brewing head while it dispenses the water alternately in both directions
Β· The coffee powder is slowly completely moistened; aromas and ingredients can fully unfold
Β· Integrated fine scale: individually brewed favourite coffee exactly in the desired strength

Midea Confirms It Has Made Takeover Bid for Sweden’s Electrolux

Midea Group has confirmed a media report that said the Chinese home appliance behemoth has made an initial takeover approach for Swedish competitor Electrolux.

β€œA deal is being discussed, but no decision has been made yet,” the investor relations department at the Foshan-based company said. A public relations officer at Electrolux China declined to comment.

Midea is exploring the potential acquisition of Electrolux, Bloomberg News reported on April 30, citing people familiar with the matter. The Chinese firm has made a preliminary approach in recent weeks about a possible deal, but Electrolux has not been receptive to the proposal so far, the sources added.

The acquisition would help Midea make up for its weaknesses in the mid-to-high-end markets overseas, an industry insider told Yicai Global.

Regardless of the outcome of Midea’s approach, global home appliance giants are moving production to European and American countries such as Mexico and TΓΌrkiye, so Chinese home appliance makers will have to improve their global industrial chain positioning, said Zhou Nan, secretary-general of the home appliances branch of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.

Midea and Electrolux joined hands in 2016 to bring German kitchen appliance giant AEG to China and acquire the white goods business of Japan’s Toshiba. In 2017, Midea bought its first stake in Kuka and then acquired the remaining 5 percent it did not yet own in the German industrial robot maker last November.

Electrolux owns the Electrolux, AEG, Zanussi, Frigidaire, Eureka, Flymo, and Husqvarna brands. It ranks fourth with around a 10 percent share of the western European market, according to a research report.

The Swedish firm reported a 3.6 drop in operating revenue to USD13.4 billion last year from 2021, with 34.5 percent of the total coming from Europe and 34.9 percent from North America. It turned a SEK4.7 billion (USD462.2 million) net profit into a SEK1.3 billion net loss in the period.

Midea posted CNY343.9 billion (USD49.7 billion) in operating revenue for 2022, up 0.8 percent from the year before, and CNY29.6 billion (USD4.3 billion) in net profit, a 3.4 percent increase.

Greaidea to launch new hood

Greaidea to launch new model of Rangehood,
Big suction, low noise,

Over 20 Years Of OEM & ODM Experience In Gas Hob, Gas Water Heater and Range Hood

– Established in 2000, the past over 20 years witnessed great chances of our product, R&D, quality level, and service as well. From now on, Greaidea has its own two production bases with over 500 employees, covering 100,000㎑. In order to meet the growing marketing needs, we have equipped with 6 assembly lines for gas hob and range hood, 3 assembly lines for gas water heater.

Smeg’s new line of portable blenders are powerful, colourful and eco-friendly

PBF01 blenders are designed to make smoothies, juices, soups and shakes on the go in a curved compact styleBeing a small personal blender, don’t be fooled by its size – the PBF01 has a 300W motor and double blade that can easily tackle all kinds of fruit and vegetables. It’s just as powerful as the original Smeg blender, so you can make delicious smoothies and juices in no time.

The appliance for rent takes off in Spain

The Cecotec retailer offers vacuum cleaners, smartphones, televisions, electric scooters or refrigerators for rent for a few days or monthsIt’s called Cecorent and it’s the first pay per use service in the household appliances sector in Spain. Online on the website of the Cecotec retailer, robot vacuum cleaners, televisions, smartphones, refrigerated electric scooters can be rented for a certain number of days (the minimum is 4) or months with no obligation to purchase them and guaranteed by insurance that covers any damages
There are no delivery and collection costs. Anyone who decides to buy the appliance after trying it is entitled to a discount on the list price.

Midea Floor Scrubber X6

Take your cleaning to a new level: with Midea’s innovative scrubber dryer you can vacuum and wash your floors in a single step. Equipped with fibers, bristles and self-traction force, the integrated brush is designed to remove all types of dirt, debris and stubborn stains.

Double tank systemDirty water and debris are collected in a separate tank, to ensure that your floors are always cleaned with clean water.

Easy controlTo ensure even easier use, the buttons are located on the handle.

Autonomy The latest generation batteries allow long-lasting performance