Electrolux Group has decided to close its factory in Santiago, Chile, effective end of April 2026. A restructuring charge of approximately SEK 0.5 billion, of which SEK 0.2 billion is cash-related, will be reported as a negative non-recurring item affecting operating income for Region Latin America in the first quarter of 2026.
The decision follows a review of the cost competitiveness of the Santiago factory and will impact approximately 400 employees
Tag Archives: Electrolux Group
Electrolux Group Appoints Joaquín García Sanchis as Global Design Coordinator
Electrolux Group has named Spanish designer Joaquín García Sanchis as the new global design coordinator for its key brands: Electrolux, AEG, and Frigidaire.
Sanchis joins the company from Italdesign Giugiaro, where he served as Head of Design and collaborated with major automotive brands including Renault, Ford, Skoda, and Seat—both directly and through his own design studio.
In his new role, Sanchis will oversee the creative direction and design alignment across Electrolux Group’s global portfolio. He will report to Elena Breda, Vice President of Product Strategy, Innovation, and Sustainability.
Electrolux Group sustainability leader
2025 saw Electrolux Group once again confirm its place as a sustainability leader in the industry – reducing carbon emissions by 45% in operations, and by 33% in products, compared to 2021.
Hear more from CEO Yannick Fierling, and SVP Product Strategy, Innovation, Sustainability Elena Breda, as they talk through the latest results https://www.electroluxgroup.com/en/from-targets-to-impact-our-sustainability-story-45976/https://www.electroluxgroup.com/en/from-targets-to-impact-our-sustainability-story-45976/
Vincent Rotger Joins Electrolux Group as Chief Strategy Office
Electrolux Group has named Vincent Rotger as its new Chief Strategy Officer, effective June 12, 2025. He will relocate to Stockholm to lead business strategy, mergers, and acquisitions, reporting to CEO Yannick Fierling.
“I am committed to sustainable development and excited to join Electrolux Group, a leader in this field,” Rotger stated.
With 27 years in the household appliance industry, Rotger’s career spans Whirlpool, Haier Europe, and Everever, a French sustainable appliance startup. He succeeds Henrik Dagberg, who steps down after eight years. Fierling expressed gratitude, saying, “Henrik’s impact will be felt for years to come.”
Rotger’s leadership is expected to strengthen Electrolux’s strategic growth and sustainability efforts.
Electrolux Group Triumphs at iF Design Awards with 12 Wins
The Electrolux Group has once again demonstrated its commitment to exceptional product design, sustainability, and user experience, winning a total of 12 iF Design Awards across both Electrolux and AEG branded appliances. Notably, two AEG cooking products were honored in the User Interface category for their innovative designs.
**AEG Sense Pro**
The AEG Sense Pro induction hob revolutionizes cooking with its intuitive display and advanced sensors that automatically adjust temperatures, preventing overflows and ensuring perfect meals every time. It offers step-by-step guidance through recipes, making food preparation enjoyable and stress-free.
Additionally, the intelligent touch screen available in two sizes enhances cooking with its intuitive interface. It provides assisted cooking options and clear step-by-step instructions, making cooking both convenient and precise. This oven inspires and supports culinary creativity, elevating your kitchen experience.
Electrolux Group appoints new Head of Investor Relations & Sustainability Reporting
Electrolux Group has appointed Ann-Sofi Jönsson as Head of Investor Relations and Sustainability Reporting as from latest February 10, 2025.
Ann-Sofi Jönsson is currently Head of Investor Relations, Group Risk Management and Sustainability at Munters Group AB, and has previously held similar positions within Saab, ABB AG, Accenture AG and Siemens Building Technologies. She will report to Therese Friberg, Chief Financial Officer of Electrolux Group.
Yannick Fierling appointed as new President and CEO of Electrolux Group
Electrolux has appointed Yannick Fierling as new President and CEO of Electrolux Group effective January 1, 2025. Yannick Fierling succeeds Jonas Samuelson, who earlier this year informed the Board that he will leave his position by the end of the year.
Yannick Fierling has more than 20 years’ experience from the household appliances industry, most recently as CEO Europe for Haier Corporation during the years 2015 to 2024. Between 2000 and 2015, he held several senior positions within Whirlpool Corporation in Europe and globally.
Yannick Fierling starts at Electrolux Group on October 1 and will take on the formal role as President and CEO on January 1, 2025 after a three-month handover period.Yannick Fierling is 53 years old and a French citizen. He will be based in Stockholm. He holds two Master’s degrees in Mechanical Engineering from France and the United States.
Electrolux returns to profit but no rebound expected at year-end
The Group’s losses in the US have been reduced but the market in Europe is still weak with the sole exception of Built-in Electrolux’s turnover increased 7% in the second quarter, from SEK 32.6 billion to SEK 33.8 billion (EUR 2.91 billion), “driven by higher volumes in all business areas”, the company said in a statement.
The Swedish group revises its operating profit: 0.42 billion crowns (36 million euros) corresponding to a margin of 1.2% which becomes 0.52 excluding non-recurring items. What happened? On the one hand, the cost measures are starting to be felt and have contributed 300 million crowns, on the other hand, the loss of the activities in North America has significantly reduced. Latin America has developed strongly but in Europe the market is still weak with the sole exception of Built-in .all is well? Not quite: CEO Jonas Samuelson warns that the group has “ revised the outlook for market demand in Europe, Asia-Pacific for the full year 2024 from neutral to negative we expect a negative price trend for the full year 2024, with a negative impact also on the second half. Increasing investments in marketing to capitalize on the momentum of our attractive product offering are producing good returns and, as in the second quarter, we plan to increase investments in innovation and marketing in the second half of 2024. ”
Electrolux Group divests South African water heater business
Electrolux Group has signed an agreement to divest its water heater business in South Africa under the Kwikot brand for an enterprise value of ZAR 2.4bn (approx. SEK 1.4bn) to Haier Smart Home.
The divestment includes the Kwikot brand and the production facilities for water heaters (geysers) located in Johannesburg, and is part of the previously communicated work to sharpen the Group’s strategic focus by divesting non-core assets.
The sale is expected to be completed during the fourth quarter of 2024 and is subject to regulatory approvals.
Jonas Samuelson will leave Electrolux Group
Jonas Samuelson will leave the position as President & CEO of Electrolux Group on January 1, 2025. “I have had the privilege – Samuelson comments – to serve for what will become nine years as President & CEO, so I felt that early next year is a good time to hand over to a successor who can put all energy into leading this great company into the next phase during the coming years.
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