Electrolux to export Europe jobs
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Shares in Electrolux rise 14% after it says it plans to relocate 10 of its 27 western Europe and North American plants to cheaper parts of the world.
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Dell is expanding its manufacturing operations in Europe by building a facility at Lodz, Poland to meet increased demand and support the company's growth across Central and Eastern Europe. Scheduled to open in Autumn 2007, the new facility is expected to employ around 1,000 people initially.
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All public-sector purchasers of office equipment in Europe will in future be obliged to buy brands that carry theÂ Energy StarÂ logo, the environmental quality standard agreed on by the U.S. and the European Union, following a vote in the European Parliament Tuesday.
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The chemical company is looking to grow all over the world.
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BIRMINGHAM, England : British companies are under increasing pressure to relocate parts of their business overseas to remain competitive, with Asia and Eastern Europe the chosen destinations, a survey showed.
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LONDON (CBS.MW) -- General Motors said it will cut 12,000 jobs in Europe over the next two years, with the majority of cuts happening in Germany.
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Plans to strip car makers of their exclusive right to sell spare parts such as bumpers, bonnets and headlights were outlined yesterday, as part of a drive to open up a â¬10bn market across Europe.
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The office furniture maker is producing impressive growth overseas.
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Electrolux  said on Thursday it had agreed to inject $35 million over five years into the pension fund of workers laid off by the world's second-biggest home appliances maker in the United States.
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General Motors&#39; loss-making European division is to cut 12,000 jobs in a bid to save $665m (Â£347m) annually. The redundancies will affect a fifth of its workforce, with 10,000 positions going at Opel plants in Germany.
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The European Union (EU) is likely to place tariffs of more than 20% on flat-panel TVs exported to Europe, according to Liu Hai Zhong (transliterated from Chinese), spokesperson for Sichuan Changhong Electronics, as quoted by the China-based web portal Sohu
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European share indexes opened steady near 32-month highs on Tuesday, mirroring a flat performance from U.S. blue chips overnight, but home appliance maker Electrolux jumped as results topped forecasts.
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Electrolux AB, the world&#39;s biggest maker of household appliances, said second-half profit will be less than forecast as costs for materials including steel surge.
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General Motors will cut around 10,000  jobs in Europe in a drive to save some 500 million euros  ($613.4 million) a year and return its loss-making operations  there to profit, a company source said on Wednesday.
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Some European automakers and energy companies say Berlin is the best place to establish a network of hydrogen filling stations within the next few years. In Autopia.
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Electrolux, the world&#39;s leading electrical appliance maker, reported a 53.2 percent fall in second quarter net earnings that it attributed to a rise in raw materials costs and delays in new product launches.
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European business travellers and holidaymakers can look forward to lower rates on mobile phone calls while abroad in the EU once new price caps go into effect across the bloc starting on Saturday.