๐—˜.๐—š.๐—ข. ๐—ฃ๐—ผ๐—น๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ผ๐—ป๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐˜‚๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ

Just 8 km from the center of ลรณdลบ, E.G.O. Polska Sp. z o.o.’s (E.G.O. Poland) new site is taking shape. Construction is in its final stages. The faรงade and roof are complete, and all windows, doors, and gates have been installed. The technical infrastructure is also in place. Work on the production and administration rooms and sanitary facilities is also well underway. The gradual relocation to the new premises is scheduled to begin in a few weeks. The modern facilities will produce electronic systems for dryers, washing machines, refrigerators, and coffee machines, as well as control panels for dishwashers and induction heating elements. They will also house a new research and development center where innovative user interfaces and connectivity solutions for inductive cooking will be developed

Vestel to Lay Off 2,000 as Zorlu Holding Restructures Amid Debt Woes

Zorlu Holding, a prominent Turkish conglomerate, is undertaking a significant restructuring effort, including the sale of assets and job cuts, as it grapples with a substantial $4.9 billion debt. Bloomberg reports that the ฤฐstanbul-based group will eliminate 2,000 positions, roughly 10% of the workforce at its electronics arm, Vestel Elektronik.
The move comes amidst a sharp decline in Vestel’s financial performance. In the first quarter of 2025, Vestel reported a net loss of 5.08 billion Turkish lira ($157 million),

De’ Longhi Group Posts Strong Growth in Q1 2025

The De’ Longhi Group saw a robust 14.6% increase in revenue during the first quarter of 2025, driven by sustained growth in the household sector (+7.2%) and a remarkable 22% expansion in the professional division on a pro-forma basis. 

A key contributor to this success was the coffee segment, which accounted for 65% of the Group’s turnover. Market expansion continued across major geographical regions, fueled by the rising global adoption of espresso and a growing consumer preference for high-quality, diverse beverage options. This trend has reinforced the premiumization of the market, further boosting demand. 

The combination of increased sales volumes and an enhanced product mix in the household division, alongside the strong performance of the professional sector, led to improved margins compared to Q1 2024. At the same time, these gains enabled the Group to strengthen its investments in media and communication, supporting continued brand growth. 

LG Electronics Scales Back Vietnamese Production Amid Tariff Concerns

LG Electronics has halved production at its Haiphong, Vietnam, refrigerator plant, anticipating potential risks as the U.S. governmentโ€™s 46% tariff on Vietnamese goods nears its 90-day suspension deadline.ย 

The company, which manufactures over 11 million refrigerators annually across Vietnam, Mexico, and India, is shifting output to its Monterrey facility in Mexico to maintain stable U.S. supply while adjusting operations in Vietnam.ย 

LG new Indian factory

LG Electronics India Ltd.ย  announced the commencement of construction of its new manufacturing facility in Sri City, Andhra Pradesh.The new plant is expected to commence operations by the end of 2026.

The facility will manufacture a diverse range of products, including AC compressors, refrigerators, washing machines and air conditioners.

Beko successfully completes โ‚ฌ125 million loan

10-year loan strengthens capital structure and supports strategic development
Agreement with SACE, Italyโ€™s export credit agency and insurance-finance group, fully owned by the Ministry of the Economy and Finance. enhances opportunities for Italian supply chain partnerships and economic cooperation.

Midea Acquires Teka Group

Midea has finalized its acquisition of the Teka Group (excluding Teka Rus LLC), announced in June 2024 after receiving all necessary approvals.
Teka Group operates in over 120 countries with brands like Teka, Kรผppersbusch, and Intra, holding strong positions in kitchen and bathroom markets across Europe, Asia, and Latin America. It has 10 factories and employs around 3,000 people, recognized for innovation, quality, and design.
This acquisition combines Midea’s technology and manufacturing strengths with Teka Group’s 100-year brand heritage and global presence. The aim is to provide consumers worldwide with more comprehensive home solutions.
Midea’s support will enable Teka Group to strengthen operations, expand product lines, and enter new categories, reinforcing its three main brands.
Jian Fu, President of Midea International Business, expressed delight in welcoming Teka Group, stating the combination will deliver innovative solutions and added value to customers globally

Jian Fu, President of Midea International and Mauro Correia, CEO of Teka Group

Polish BSH Factories Shine in Global Production Awards

Polish BSH Factories Shine in Global Production Awards! โœจ
Once again, the exceptional talent and dedication within BSH’s Polish plants have been recognized on a global stage. In the recent internal Production Awards competition, three Polish factories triumphed, showcasing groundbreaking projects that are truly transforming ways of working. ๐Ÿ’กโš™๏ธ ๐Ÿ†
Leading the way, the washing machine factory clinched first place in the Organizational Culture category. Their winning project focused on fostering greater diversity within the internal transport department. Through proactive initiatives, they successfully adapted the majority of positions to be suitable for women. The remarkable results include enhanced diversity, a more positive and inclusive work environment, and a significant boost in workplace safety! ๐Ÿ’ช
Adding to Poland’s success in the same Organizational Culture category, the dryer factory secured a well-deserved place in the TOP 3. Their team revolutionized the approach to work safety by implementing the ABRA matrix. This initiative sparked over 400 improvements, fostered complete team engagement, and demonstrably elevated safety standards โ€“ a testament to their sense of responsibility and proactive approach! ๐Ÿญ
Furthermore, the Wrocล‚aw oven factory earned a spot in the TOP 3 of the prestigious Factory of the Year category. This recognition celebrates the remarkable coherence between their vision, mission, and daily operations. Thanks to the collaborative efforts of the entire team, and the exceptional dedication of section managers, they successfully achieved strategic objectives, even in the face of challenges.

Homa Building the Future of Cooling

At Homa, manufacturing isnโ€™t a backstage operationโ€”itโ€™s the heart of our vision. Factory Nยฐ9, the newest production hub, is more than a facility; itโ€™s a living system of care, precision, and innovation. Adding 1.4 million units to their yearly capacity, it strengthens our position among the Top 4 cooling appliance manufacturers globally.

Designed for premium no-frost models, Factory Nยฐ9 incorporates cutting-edge automation, digitalisation, and energy efficiency. As CEO Michael Yao states, *โ€œWeโ€™re not just building refrigerators; weโ€™re building trust and delivering excellence.โ€*

More than machines, this factory embodies design thinking. Its adjacent Living Campus underscores our commitment to wellbeing, featuring gardens, gyms, and riverside walkways.

At Homa,ย  donโ€™t just produceโ€”we co-develop. By collaborating with global partners, we create refrigerators that blend technical excellence with brand identity and user-focused innovation