Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Electrolux AB is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue, mln.USD
242
Staff
4269
Capital, mln.USD
126
Glob.Revenue, mln.USD
2972
Assets, mln.USD
110
The Company Statement
September 02, 2022

2.09.2022: Decided to exit Russia and divest the business to local management through a sale of its Russian subsidiary, subsidiary Electrolux Professional is selling its Russian business.

July 11, 2022Electrolux Professional sells Russia business to local management
July 11, 2022Electrolux Professional divests its operations in Russia
March 03, 2022Companies cut Russia operations and trade as sanctions tighten
April 01, 2022Electrolux is concerned about the current situation in Ukraine and have paused our operations in Russia since the end of February
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