CNA Group said that “commitment to continuity” of Edessa Industrial working on a feasibility plan to refinance debt and “reduce its structural costs.”

In this regard, said that “the new business plan is based mainly on the brand Fagor, the sales force nationally and internationally, as well as R & D, and keep only the production proved to be economically efficient and sustainable. “

In a statement, the Catalan group, which acquired the production assets Fagor 2014, confirmed that on the 30th Industrial Edessa filed a preconcurs. As explained, after the acquisition of the production unit, Edessa Industrial appliance manufacturer Fagor brand, identified “the investment required to achieve breakeven at the operating account was much higher than the expected. “

“Production costs structure and manufacturing are very high. The balance would only be achievable with a volume of sales difficult to achieve in the near future,” said the group, which stressed that since acquired Fagor production assets has injected more than 20 million additional investment compared to what was initially projected.

In this context, he added, “financial tensions have led to the reduction of circulating bank.” For these reasons, he said, Edessa Industrial filed Friday June 30 a preconcurs under Article 5 of the Bankruptcy Act, with the aim of “having enough time to restructure the company and the business” implying reach new agreements with financial institutions “to define a new business structure stable and sustainable

CNA commitment to “continuity” because, as he said, “rely on brand strength” and is working on a feasibility plan to refinance debt and reduce its structural costs.

The group explained that “the new business plan is based mainly on the brand Fagor, the sales force nationally and internationally, as well as R & D, and keep only the production proved to be economically efficient and sustainable” .

Gorenje is launching a special edition retro fridge, inspired by the Volkswagen VW Bulli Camper Van, in the second quarter.

The model is part of Gorenje’s retro collection and is based on its ORB freestanding product. It will be available in baby blue and bordeaux colourways.  

Boasting the highest achievable energy-efficiency rating (A+++), the model has a gross capacity of 260 litres and includes IonAir and DynamiCooling food preservation technology

.The new Gorenje Retro special edition VW Bulli model will be available in Q2 2017 from selected retailers across the UK. 

Refrigerator of Art from Dolce&Gabbana and Smeg

Dolce&Gabbana and Smeg have teamed up once again, this time to design a number of special edition FAB28 refrigerator’s, transforming them into unmistakable works of art. The companies belong to two very different creative sectors but are united by strong values and a tradition for “Made in Italy” excellence. These values are rooted from growing up in Italian family life and the local area, and have instilled a deep respect for Italian tradition. Both companies are known for their creativity and this trait has allowed them to skilfully bridge eras of design as well as combine specialties in fashion, design, craftsmanship and manufacturing.

The result of this partnership is the special FAB28 Smeg refrigerator with unique Dolce&Gabbana styling. Each refrigerator features images hand painted by Sicilian artists. These include lemons, the trinacria symbol, cart wheels, medieval knights and battle scenes, all distinctive elements of poetic marionette theatre and Sicilian Cart. The primary images developed for each product are further embellished with classic floral motifs.

100 exclusive refrigerators have been produced with a meticulous eye for detail and innovation. Each is a one-of-a-kind which combines the quality and technology of Smeg with the unmistakable creativity and artisan workmanship expected from Dolce&Gabbana.

THE PROJECT

Two major creative brands from the worlds of high fashion and appliance design meet and merge, creating 100 unique and captivating refrigerators which artistically uncover beautiful stories from the heart of Italy.

THE ARTISTS

Sicilian painters, highly skilled in complex decorative arts and “treasures of the past”, have turned Smeg refrigerators into unique interpretations of Sicilian folklore. Their work is the result of passion, profound creativity and a sense of belonging to their land.

After the success of its first participation at Eurocucina – FTK, Menghetti, Italian company of kitchen appliances commercialized with the brand Fulgor Milano, goes on in the developing of new project, with the intent of proposing more and more technological semiprofessional products conceived for the domestic market. Our priority – explains Martina Meneghetti, ceo of the company since last July – has been to give body to a new project on which we started work last year; I refer in particular to the Sofia kitchen that represents overall the realization of our greatest passion that is the production of semiprofessional, impactful and highly technological tools for the cooking field. My education and personal inclination lead me to prefer the product technological aspect.
Martina Meneghetti, ceo of the Italian company Meneghetti

My main interest has always been to focus and follow more the project activities and both technical and quality tests. Despite my new role within the company, I am continuing to frequent the laboratory, now with also the advantage of being able to have a complete and integrated view of the business activities

​Nardi Elettrodomestici was established in 1958 thanks to the commitment of three brothers: Gianni, Giacinto and Piero Nardi.

Initially, cooking appliances represented the company’s core-business, but the production range was gradually enlarged to include refrigerators, freezers and washing appliances in both free-standing and built-in versions.

Nardi products soon acquired an international standing, since they were perceived as an expression of Italian quality and technology. Thus, Metal Designbecame a reality.

Nowadays, Nardi Elettrodomestici S.p.A.entertains business relations with over 80 different countries, where it proposes a range of pioneering products created to satisfy different functional, design-oriented and cultural requirements.

​Caple has announced its pledge to “keep prices at current levels across its complete portfolio” ahead of its latest price guide, which will be launched in September.

According to the company, the price freeze has come on the back of the UK voting to leave the EU in June.Maurce Lay Distributors is one of the large kitchen distributors in the UK which has been around for some time. In the 1980’s they launched their own budget own brand of appliances under the Caple name. 

Appliances can be made by a number of companies in any number of countries 

Gorenje Group revenue in the core activity of home appliances exceeded the figure planned for 2015. Despite the company business was affected heavily by macroeconomic and political instability, especially in Russia and Ukraine, the home sector recorded a growth of 0.6 percent, reaching 1,050 million euro. Estimated revenue for the entire Group in 2015 amounts to 1,217 million euro. In 2016, according to Gorenje’s strategic goal of focusing on its core activity, the Group revenue is planned to rise by 4.6 percent, Home segment revenue will rise by 5.2 percent, and EBITDA will be higher by 13.8 percent. Growth of revenue and profitability is based on improved sales structure in terms of regions and products, which will translate into higher average downstream prices. To support these two policies, Gorenje is investing in marketing and development. Geographically, the company will seek to boost sales in the more profitable markets, particularly outside Europe and in the Benelux countries. In terms of products sold, the Group will promote sales under the premium brands Asko and Atag, and increase the share of innovative and premium products under the Gorenje brand in total sales.

Gorenje UK has appointed Simon Jones( North west) and Wes Rose(east midlands) as regional sales mangers

Maurice Lay Trade Distributors have introduced a new price guide providing details of the company’s latest and bestselling products and trade promos

call 0117 938 1900 for more info