Electrolux Group ceases manufacturing in Chile
Prnewswire·2026-03-31 22:23
Electrolux Group ceases manufacturing in Chile Accessibility StatementSkip Navigation STOCKHOLM, March 31, 2026 /PRNewswire/ -- 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 competit ...