A “Fully Integrated” product line for Liebherr

During the latest edition of the “Küchenmeile” trade fair, held at the end of September in the Architekturwerkstatt exhibition, Liebherr offered a first glimpse of its “Fully Integrated” product line, the brand new generation of integrated refrigerators and freezers. Among the products of this range,  the Monolith wine cabinet stands out as well as the new OpenStage refrigerator because, as the company explains “during the development, the specialists have paid particular attention to future viability and sustainability. For example, the appliances are not only very energy-efficient, but also help to keep food fresh for longer. For example, the “HydroBreeze” function provides food with a cold refreshing mist, which is also visually attractive.”
The new refrigerator with “OpenStage” drawers is both aesthetically pleasing as well as pioneering in a functional sense. In line with the principle of the pharmacy cabinet, it not only offers plenty of space, but also guarantees a perfect overview and easy access to all food at all times. In this way, everything is always in view – and this avoids throwing things away unnecessarily.

Liebherr launches first Flagship Store in Asia Pacific | SGD35,000 Bespoke Luxe Refrigerator Showcasing in Singapore Launch Party

German Cooling Appliances Specialist launches its luxury products in Asia The store is a showcase of heritage and excellence that is reflected not only in the engineering but also in the design of the appliances for over 60 years. Headquartered in Singapore, Liebherr will be bringing to Asia its commercially popular high-end refrigerators, freezers and wine cabinets.

On top of its forte and niche in state of the art cooling systems, its bespoke service enables consumers to customize their appliances with sizing options, functionality options, luxury accessories and more.

Asia is home to the largest pool of growing wealth in the world where luxe living serves as a norm in rising economy powerhouse like China and India. In 2018, Asia’s ultra-wealthy population grew by 18.5 percent and their total wealth shot up by 26.7 percent, twice the rate seen in the U.S., the World Ultra Wealth Report 2018 found. The combined riches of Asia’s ultra-wealthy now total a staggering $8.365 trillion, based on analysis of Wealth-X’s database of wealthy individuals.

For more than 70 years, the Liebherr Group stands for a large evolving range of sophisticated products and services. The Domestic Appliances division was founded in 1954 and the family business has operated under the outstanding stewardship of the Liebherr family. Every part within a Liebherr appliance is produced and assembled in their European factories till date. Please see Appendix A for history of Liebherr.

Mr Steffen Nagel, Managing Director Sales & Marketing of Liebherr-Hausgeräte GmbH says “We’re excited to enter the Asian market through Singapore and bring to the world top German products

Bulgarian refrigerators and freezers producer Liebherr-Hausgerate Marica, said that its net profit plunged

Bulgarian refrigerators and freezers producer Liebherr-Hausgerate Marica, part of Swiss-headquartered Liebherr Group, said that its net profit plunged to 716,000 levs ($416,000/366,000 euro) in 2018 from 13 million levs the year before.

Liebherr-Hausgerate Marica’s sales of finished goods fell to 402.7 million levs last year from 412.0 million levs in 2017, the company said in an annual financial statement.

The company manufactured 898,000 refrigerators and freezers in 2018.

Expenses for materials fell to 306.8 million levs in 2018 from 321.0 million levs in 2017, while personnel costs rose to 49.5 million levs from 48.7 million levs.

Amortisation and depreciation costs edged down to 26.1 million levs last year from 26.9 million levs in 2017. Expenses for hired services amounted to 19.2 million levs in 2018, up from 18.0 million levs the year before.

The company’s assets fell to 250.9 million levs at the end of 2018 from 271.1 million levs a year earlier.

Liebherr-Hausgerate Marica employed 1,903 people at the end of 2018.

Liebherr-Hausgerate Marica manufactures table-height refrigerators and freezers, non-regulated combined fridge-freezers, as well as top freezers, at its 252,800 sq. m. production plant near Plovdiv.