Arçelik to close factories

Arçelik, which has now decided to close its 3 factories in Italy after Poland, is increasing its production volumes in Turkey while investing in Egypt.In a recent statement regarding the €110 million investment plan in Italy, it was mentioned that “As outlined in our company’s special situation statement dated November 7, 2024, negotiations are ongoing with the Italian Ministry of Companies and Made in Italy (Ministero delle Imprese e del Made in Italy) and other relevant authorities, national and regional unions, and employee representatives to evaluate the long-term sustainable transformation plan for our Italian operations.”

The statement further elaborated:

“Our goal to establish Italy as a strategic hub for industrial design and the cooking appliances category remains steadfast. We plan to invest €110 million in our Italian operations in the coming periods. Carinaro is expected to continue as the center for spare parts and renovation. To enhance profitability and efficiency, we aim to rescale some production operations related to the laundry and cooling categories in Cassinetta, Siena, and Comunanza. Additionally, we will initiate industrial transformation processes in certain areas and evaluate all strategic options, including potential disposals. Regardless, production in these factories will continue until the end of 2025.

The Ministry and union representatives have expressed their views on safeguarding local employment and have requested a re-evaluation of the submitted proposals. Negotiations will continue with unions and employee representatives for the approximately 2,000 employees expected to be impacted by this process across all our operations in Italy.”

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