Category Archives: Manufacturing

Arçelik Once Again Named as One of The Most Sustainable Companies in The World

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Arçelik of the leading household appliance manufacturers including global brands such as Beko and Grundig has ranked 34 on Corporate Knights’ 2021 Global 100 Index. The ranking makes Arçelik the most sustainable home appliances and houseware company in the world, and the first and only Turkish company to make the list.   

The 2021 Global 100 Index is the 17th annual ranking of the world’s 100 most sustainable corporations by Corporate Knights which rigorously assesses the performance of 8,080 companies with more than US$1 billion in revenues. The Index assess the companies based on several performance indicators that reflect environmental, social and governance (ESG) concerns. The list celebrated the world’s 100 most sustainable corporations delivering superior financial performance and leading the race to net zero economy.

Operating in nearly 150 countries and adopting sustainability as a business model with its “Respecting the World, Respected Worldwide” vision, Arçelik accomplished important milestones around its sustainability efforts. The company succeeded in becoming carbon-neutral in global production in 2019 and 2020 with its own carbon credits and is named the “Industry Leader” in the Household Durables category for the 2nd year in a row in the Dow Jones Sustainability Index. Arçelik’s 2030 greenhouse gas emission reduction targets are approved by the Science Based Targets Initiative (SBTi) as in line with the Paris Agreement’s “well-below 2°C” goal

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Cata home appliances has very good results in 2020. The Spanish company, based in Madrid, with a factory in Catalonia has managed to increase its sales in the Spanish market by 3.7%, to 79.9 million euros .

During the 2020 financial year, the company has had the support of financial institutions and new developments have been signed in the refinancing agreements, which have allowed the company to have circulating financing and to continue growing in 2021.

contributing to this good performance is that the group’s factories have worked tirelessly to meet all market orders.

It should be noted that the entire CNA Group has continued to develop its export activity, which has represented 65% of the company’s total consolidated sales.

For 2021, the CNA Group plans to continue growing moderately above 2020 and, for this, among other actions, they will expand their product ranges with many new features.

Cata launches a new family of air purifiers on the market this year. It is Cata Purifyer, a product that can actively reduce the contagion of Covid-19 both in homes, as in businesses and in all kinds of commercial and industrial activities.

CNA Group is a global leader in the home appliances sector and has recognition across the world. It includes the Cata, Nodor, Apelson, Edesa* brands.

CNA Group is committed to offering the latest in technology and design. Together these provide the high performance and efficiency required to meet the needs of our customers. It was founded in Barcelona in 1947 and since then has been a pioneer in the domestic extraction business, with a wide range of products which includes extractors, conventional and decorative extractor hoods, ovens, cookers, microwaves, taps and sinks, using high quality, environmentally friendly materials . The company includes Cata, Apelson (integrated in the group in 1999), Nodor (in 2004) and Edesa (in 2014)*. In the CNA Group we work with a clear focus on improving the products we sell, providing solutions and creating new sensations for our customers in their use.
*CNA Group is a licensee of Edesa brand.

LG expanding factory

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LG Electronics said it plans to promote its smart factory push as the home appliance maker targets improving its productivity.

LG announced it will spend 50 billion won (US$45 million) from February to set up a new home appliance product testing facility at its second factory in Changwon, some 400 kilometers south of Seoul.

The new facility will integrate all existing testing labs at the factory, according to LG.

The South Korean tech giant said the forthcoming facility will accelerate digitalization in its product development as it will collect big data through various sensors during the testing process.

This photo provided by LG Electronics Inc. on Jan. 20, 2021, shows the company's plant in Changwon, some 400 kilometers south of Seoul. (PHOTO NOT FOR SALE) (Yonhap)

LG’s Changwon 2 factory produces home appliances including washers and vacuum cleaners.

The latest investment is a follow-up to LG’s smart factory project for its first factory in Changwon.

In 2017, LG announced that it will inject 600 billion won into the Changwon 1 factory by 2030 to upgrade its production system with the latest automation and big data solutions.

The company believes that the investment will improve production capacity of the Changwon 1 factory by 50 percent. The Changwon 1 factory rolled out 2 million units of kitchen appliances, such as refrigerators and ovens, in 2017.

Arçelik Named as One of the Real Leaders Top 150 Impact Companies of 2021

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Arçelik, parent company to 12 leading home appliance brands including Beko and Grundig, with a footprint in almost 150 countries worldwide has been ranked 13th on The Real Leaders®️ Top 150 Impact Companies of 2021.

Arçelik Named as one of The Real Leaders Top 150 Impact Companies of 2021

The Real Leaders 150 Top Impact Companies Award recognises organisations that are making a positive social or environmental impact. The key is to seek those companies which can make the world a better place. Adopting sustainability as a business model with its “Respecting the World, Respected Worldwide” vision enable Arçelik to be listed among 150 companies.

Within the framework of its sustainability approach that complies with the UN Sustainable Development Goals (SDGs), Arçelik focuses on the future, the planet, and the needs of people and its business. The company believes that steps need to be taken to go beyond the current habits and behaviour models, the way people think now, and everything that is thought to be impossible today.

Arçelik CEO Hakan Bulgurlu said, “We are honoured to receive this award and be recognised for our mission to create a positive impact by designing technologies that improve the future. We are named the “Industry Leader” in the Household Durables category for the 2nd year in a row in Dow Jones Sustainability Index 2020 and became carbon-neutral in global production in 2019 and 2020 with our carbon credits. Our 2030 greenhouse gas emissions reduction targets are approved by the Science Based Targets Initiative (SBTi) as in line with the Paris Agreement’s goal. Being among the low-carbon transition corporate leaders, we’re proving our commitment to building a sustainable future by letting the science dictate our course of action. We will continue to contribute to the protection of our planet and encourage others to live a more sustainable lifestyle.”

A complete list of the “150 Top Impact Companies” can be found here. 

About Arçelik

With 32,000 employees throughout the world, 12 brands (Arçelik, Beko, Grundig, Blomberg, ElektraBregenz, Arctic, Leisure, Flavel, Defy, Altus, Dawlance, Voltas Beko), sales and marketing offices in 34 countries, and 22 production facilities in 8 countries, Arçelik offers products and services in more than 145 countries. As Europe’s second largest white goods company by market share (based on volumes), Arçelik reached a consolidated turnover of 5 billion Euros in 2019. With almost 70% of its revenues coming from international markets, Arçelik is the R&D leader in Turkey – holding more than 3,000 international patent applications to date with the efforts of 1,600 researchers in 15 R&D and Design Centers in Turkey and R&D Offices across five countries. Arçelik is named the “Industry Leader” in Durable Home Appliances category for the 2nd year in a row in Dow Jones Sustainability Index 2020 and in accordance with PAS 2060 Carbon Neutrality Standard, became carbon-neutral in global production plants in 2019 and 2020 fiscal years with its own carbon credits.

Hitachi transfers Thai compressor business to Midea

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Hitachi has concluded an agreement to transfer all outstanding shares in its subsidiary Hitachi Compressor (Thailand) to Midea Electric Trading (Singapore), a subsidiary of China’s Midea Group.

Hitachi Compressor (Thailand) currently supplies its compressors to Midea, one off the world’s largest refrigerator manufacturers. 

Hitachi Compressor (Thailand) sees the deal strengthening its competitiveness by improving its procurement capabilities and expanding its supply chain. In addition, the Midea Group will utilise Hitachi Compressor (Thailand) as an important production base in the ASEAN region for future business expansion

Arcelik AS signed a deal to buy 60% of Hitachi Global Life Solutions

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Turkey’s leading household appliances maker Arcelik AS signed a deal to buy 60% of Hitachi Global Life Solutions Inc.’s for $300 million to deliver on its strategy to expand in emerging markets.

Arcelik and Hitachi GLS will form a new company that Arcelik will control to run operations in the home appliances market, excluding Japan, the Turkish company said in a filing to the stock exchange on Wednesday. The total transaction value is calculated on a cash-free and debt-free basis for the business,

Arcelik’s shares rose as much as 1% at the start of trading in Istanbul but were down 0.4% at 31.20 liras as of 10:04 a.m. Bloomberg reported on Friday that Arcelik was in talks to buy Hitachi’s oversees home appliance business.

The transaction includes two subsidiaries of Hitachi GLS with manufacturing facilities in Thailand and China, and 10 sales companies in the region that mainly sell refrigerators, washing machines, vacuum cleaners, rice cooker, water pumps and air conditioners. The annual production capacity of Thai and Chinese manufacturing firms is 3 million units of refrigerators and washing machines in total, according to the filing.

The consolidated net revenue of the acquired business, excluding Japan, was around $1 billion. Its earnings before interest, taxes, depreciation and amortization, or Ebitda, was about $70 million for the fiscal year ending on March 31. After the transfer, the product range is expected to be expanded with dryers, dishwashers, ovens and other small household appliances.wth Push

Arcelik sells products under 12 brands including Beko, Flavel, Grundig and Altus, according to its website. It’s expanded through acquisitions over the years, purchasing companies including South Africa’s Defy Appliances Pty Ltd. and Pakistan’s Dawlance Group.

The Turkish company has singled out the Asia Pacific region as a key growth market and last year agreed to buy control of the company that operates the Singer brand in Bangladesh.

“Asia Pacific will be the accelerator of the growth in our sector in the next 10 years with its increasing medium-class population, household revenues and improving retail channels and life style,” Arcelik’s chief executive officer, Hakan Bulgurlu, said in an emailed statement.

Arcelik AS in Turkey is in advanced talks with Japanese industrial conglomerate Hitachi Ltd. to take over overseas household equipment business

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Arcelik AS in Turkey is in advanced talks with Japanese industrial conglomerate Hitachi Ltd. to take over overseas household equipment business, people with knowledge said.

An agreement is likely to be reached within the next few weeks, the people said, asking not to be identified because the information is private. According to the people, the transaction can be valued at about $ 500 million, according to the people.

The potential deal would contribute to the $ 83 billion in sales announced by Japanese companies this year, 38% higher than a year earlier, according to data compiled by Bloomberg. Hitachi has requested separate offers for its listed metal unit because it wants to streamline its business, Bloomberg News reported. It also left a UK nuclear project in September

Miele opens seventh showroom in Romania

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German-based manufacturer of high-end household appliances Miele said on Friday it opened its seventh showroom in Romania following a 150,000 euro investment ($181,733).

Located in the centre of capital Bucharest, the showroom has an area of ​​80 sq m, Miele said in a press release.

“Calea Victoriei is traditionally an exclusive commercial destination, so the new Miele showroom naturally comes to enrich this offer of premium products,” Miele Romania general manager Loredana Butnaru said.

Miele now operates three showrooms located in Bucharest and one each in Constanta, Timisoara, Oradea and Iasi.

In addition, over 70 stores specializing in furniture and independent electro-IT networks are selling Miele’s household appliances across Romania.

Miele is a German manufacturer of high-end domestic appliances and commercial equipment, which employs 20,200 in Austria, Germany, Romania, Czech Republic and China.

DeLonghi ha acquire Capital Brands Nutribullet and Magic Bullet brands.

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DeLonghi has reached a definitive agreement with affiliates of Centre Lane Partners to acquire Capital Brands Holdings, Inc., a leader in the personal blenders segment with the Nutribullet and Magic Bullet brands.

The price payable by DeLonghi for Capital Brands is approximately $420 million. The closing of the transaction is expected to take place before the end of 2020.

With its research and development centers in Boston and in Connecticut, Capital Brands brings innovative technologies to the development of products that cater to an evolved concept of nutrition, the company said. Centre Lane Partners acquired Capital Brands in 2018. Nutribullet and Magic Bullet are highly recognizable brands that have earned a strong reputation among consumers. Capital Brands’ strengths and expertise will contribute to accelerate DeLonghi Group’s growth in the world of healthy foods, the company added.

Massimo Garavaglia, CEO of DeLonghi, said, “This acquisition is a perfect fit for the DeLonghi Group and is consistent with our objectives of geographical expansion and growth by external lines. Moreover, it represents a strategic value from several viewpoints: we add a young and dynamic brand to our portfolio; we enlarge our range of iconic products with an important presence in the blender segment; we increase our penetration in an expanding and strategically important market like the USA; and last, but not least, we strengthen the DeLonghi Group’s leadership in the sector of food preparation.”

DeLonghi Group owns such brands as DeLonghi, Braun, Kenwood and Ariete.

Founded in 2003 and headquartered in Los Angeles, Capital Brands develops and sells domestic appliances with a focus on wellness nutrition to households in over 100 markets worldwide under the Nutribullet and Magic Bullet brands. Capital Brands forecasts net revenues of approximately $290 million for year 2020, ahead of last year sales. With this transaction, the U.S. become the largest market for the DeLonghi Group, with aggregate turnover in excess of $500 million.

Rich Krause, CEO of Capital Brands, said, “We are very pleased to be joining the DeLonghi Group and to have the opportunity to align our strong brands with theirs. We are excited about the future growth opportunities that we will be able to exploit in the U.S. and internationally with the support of our new shareholder.”

Gorenje’s cooking appliances factory produced the millionth cooking appliance this year

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On October 19, Gorenje’s cooking appliances factory produced the millionth cooking appliance this year. Never in the history of Gorenje have we reached this annual milestone so quickly, as we usually reached one million manufactured appliances only at the end of December. We donated the jubilee cooking appliance to our colleague Dragica Senić from the galvanising plant.

Orders and consequently production volumes increased after the takeover of Gorenje and the arrival of the new owner Hisense, so that last year we manufactured the millionth device much earlier as usual (in November), and this year, despite a severe crisis due to the coronavirus pandemic when in March we had to shut down factories for three weeks, the millionth cooking appliance was produced as early as October 19th.

“In the spring, we almost gave up hope because of the coronavirus situation, as orders were reduced overnight to practically zero,” says Rok Borovnik from Production Planning at the Cooking appliances factory. “Nevertheless, we picked up quickly, sales secured new orders and based on the good results of increasing productivity and good work of our production workers we immediately made up for the lag and fulfilled our obligations to the Sales department and thus to our customers.”

In August, we received a record amount of orders, for certain types of appliances up to 25% more than last year. From July to August 2020, the quantities increased from 110,000 appliances per month to more than 180,000 appliances and from here only increased further. In September, we reached a record of 184,324 manufactured cooking appliances. As a result, we also manufactured the millionth appliance on October 19, thus setting a new milestone in Gorenje’s production. But we already have new records in sight, as the annual amount of cooking appliances produced (1,373,000) will be the largest so far (last year we produced 1,200,000 appliances). We have already filled our orders by March 2021, which is very encouraging for the future of the cooking appliance factory.

“We donated the millionth appliance – an oven – to our colleague Dragica Senić from the galvanising plant, and this was also a symbolic gesture to show that the galvanising plant is now a part of the cooking appliances factory, not only formally, but is the heart of cooking appliances production. We are all one team and through teamwork we strive to grow and improve results, ”said Jernej Heindl, director of the Cooking Appliances Factory. “We are very proud of the milestone we have reached and we are boldly looking at new, ambitious goals. Congratulations to the entire team of cooking appliances, who with their commitment and dedication in difficult conditions have shown that we can handle even such great challenges. “

Employee Dragica Senić, who was with the help of the union chosen as the recipient of the millionth appliance, has been employed by Gorenje for 36 and a half years, all the time working in the galvanising plant. “Our millionth appliance is definitely going to the right person,” said Zlatko Svečko, head of the galvanising plant Galvana. “Dragica is a trademark of Galvana and with her knowledge, accuracy and diligence is respected in her work environment, and she successfully passes all this on to younger colleagues.”

“I am very proud of our achievement and I am glad that I was chosen for this award, I really did not expect it,” said Dragica Senić. “I have been working at Galvana since 1984, and from the very beginning I have also worked night shifts, Saturdays, I have never refused work. I am proud of my work and of the fact that we managed to set new records this year despite such a difficult situation. ” And what will be the first delicious dish cooked in Dragica’s new 3 in 1 combined oven (convection, steam and microwave oven in one appliance)? »My husband will be able to tell you that, he cooks most of the time, while I do the tidying up,« Dragica laughed.