Electrolux in Sweden

Electrolux was founded in Sweden in 1919 by Axel Wenner-Gren. Since then, Electrolux has grown enormously and now sells more than 40 million products to customers in more than 150 markets every year.
Sales In 2008 Electrolux net sales in Sweden totaled SEK 3,559 million. Electrolux products are sold at major chains and also at Electrolux Home storesa franchise chain that is run by Electrolux and has independent shop owners located throughout the country. Popular Electrolux brands in Sweden include Electrolux, Elektro Helios, Volta and Husqvarna. Facilities and offices Sweden is home to the Electrolux Groups headquarters, four production facilities, and a spare-parts warehouse: Group Headquarters The Electrolux Group has its headquarters in Stockholm. Approximately 800 people work at this office, although many of these employees work for other divisions, such as Floor Care and Small Appliances, the Swedish sales organization, and the service department. Motala Cookers and hobs are manufactured at this production facility. These cookers are mainly for the Electrolux, AEG-Electrolux, Elektro Helios, Husqvarna, VOSS and Rosenlew brands. They are distributed mainly to the Nordic market. Approximately 250 people work at this facility. Mariestad Refrigerators are manufactured at this production facility. These refrigerators are manufactured for the Electrolux, AEG-Electrolux, Elektro Helios, Husqvarna and Rosenlew brands. They are distributed mainly to the Nordic market. Approximately 550 people work at this facility.
Electrolux headquarters, Stockholm.
Electrolux in Sweden in brief Headquarters: Stockholm Number of employees: approx. 2,500 Production facilities located in: Motala, Mariestad, Ljungby and Nygrd Net sales: SEK 3,559 million (2008)
Ljungby Located near Vxj, this plant houses R&D, sales and production facilities for laundry products aimed at the professional market. Approximately 500 people work at this facility. Nygrd Bags and filters for vacuum cleaners are manufactured at this production facility, located north of Gothenburg. Approximately 50 people work at this facility. Torsvik Located outside Jnkping, this is a warehouse for spare parts in Sweden. Approximately 200 people work at this warehouse.

AB ELECTROLUX (PUBL)

POSTAL ADDRESS SE-STOCKHOLM VISITING ADDRESS S:T GRANSGATAN 143 PRESS HOTLINE +07 TELEFAX +61 INVESTOR RELATIONS +03 WEB SITE www.electrolux.com E-MAIL ADDRESS press@electrolux.com REG.NO. 556009-4178

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History In 1908, Swede Axel Wenner-Gren was strolling the streets of Vienna when he caught glimpse of a bulky vacuum cleaner. Although the machine was expensive and heavy (around 20 kilograms!), Wenner-Gren was inspired: in his mind, the machine became smaller, lighter and less expensive. And thus the Electrolux story started. The official founding of Electrolux occurred on August 29, 1919, when Elektromekaniska AB was renamed AB Elektrolux (the spelling was changed to Electrolux in 1957). Elektromekaniska was a wholly owned subsidiary of Elektron, where Wenner-Gren was the dominant shareholder. The new Elektrolux name was a combination of the company names Elektromekaniska, Elektron and Lux. Stock market listings The Electrolux share is listed on NASDAQ OMX Stockholm and the London Stock Exchange. Learn more If you would like to know more about Electrolux, visit www.electrolux.com or call our press hotline at +07.

Axel Wenner-Gren.

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Eureka and Frigidaire. In 2008, Electrolux had sales of SEK 105 billion and 55,000 employees.