{"id":54076,"date":"2026-04-22T14:09:00","date_gmt":"2026-04-22T07:09:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=54076"},"modified":"2026-04-22T14:09:00","modified_gmt":"2026-04-22T07:09:00","slug":"electrolux-group-to-end-production-in-jaszbereny-hungary","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=54076","title":{"rendered":"Electrolux Group to end production in J\u00e1szber\u00e9ny, Hungary"},"content":{"rendered":"

STOCKHOLM<\/span>, April 22, 2026<\/span> \/PRNewswire\/ — Electrolux Group has decided to end production at the J\u00e1szber\u00e9ny, Hungary factory, which manufactures built-in and freestanding refrigeration products. Production is expected to cease by the end of 2026. A restructuring charge of approximately SEK 0.6 billion, of which SEK 0.3 billion is cash related, will be reported as a negative non-recurring item affecting operating income for Region Europe, Middle East & Africa and Asia-Pacific in the second quarter of 2026.<\/b><\/p>\n

The decision follows a review of the company’s strategy to strengthen cost competitiveness and increase agility through production footprint optimization. This is driven by the current competitive environment, which is\u00a0impacted\u00a0by stagnant market demand, price pressure, and increasing constraints on cost competitiveness. The planned site closure will impact approximately 600 employees.<\/p>\n

Electrolux\u00a0Group\u00a0will fully meet demand for\u00a0refrigeration\u00a0products by\u00a0leveraging\u00a0existing operations\u202fas well as working with external OEM partners.\u00a0The decision does not affect the local sales and marketing activities managed\u00a0by\u00a0the Budapest office.\u00a0<\/p>\n

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on 22-04-2026 08:30 CET.<\/p>\n

For more information:<\/b><\/p>\n

Ann-Sofi J\u00f6nsson,\u00a0Head of Investor Relations & Sustainability Reporting,\u00a0+46\u00a073 025 1005<\/p>\n

Maria \u00c5kerhielm, Investor Relations Manager,\u00a0+46 70\u00a0796 3856<\/p>\n

Henry Sj\u00f6lin, Investor Relations Manager,\u00a0+46 76 863 51 85<\/p>\n

Electrolux Group Press Hotline, +46 8\u00a0657 65\u00a007<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/electrolux-group\/r\/electrolux-group-to-end-production-in-jaszbereny–hungary,c4337676<\/a><\/p>\n

The following files are available for download:<\/p>\n

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https:\/\/mb.cision.com\/Main\/1853\/4337676\/4051089.pdf<\/a><\/span><\/p>\n<\/td>\n

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Press release Hungary April 22 2026 ENG final<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

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STOCKHOLM<\/span>, April 22, 2026<\/span> \/PRNewswire\/ — Electrolux Group has decided to end production at the J\u00e1szber\u00e9ny, Hungary factory, which manufactures built-in and freestanding refrigeration products. Production is expected to cease by the end of 2026. A restructuring charge of approximately SEK 0.6 billion, of which SEK 0.3 billion is cash related, will be reported as a negative non-recurring item affecting operating income for Region Europe, Middle East & Africa and Asia-Pacific in the second quarter of 2026.<\/b><\/p>\n

The decision follows a review of the company’s strategy to strengthen cost competitiveness and increase agility through production footprint optimization. This is driven by the current competitive environment, which is\u00a0impacted\u00a0by stagnant market demand, price pressure, and increasing constraints on cost competitiveness. The planned site closure will impact approximately 600 employees.<\/p>\n

Electrolux\u00a0Group\u00a0will fully meet demand for\u00a0refrigeration\u00a0products by\u00a0leveraging\u00a0existing operations\u202fas well as working with external OEM partners.\u00a0The decision does not affect the local sales and marketing activities managed\u00a0by\u00a0the Budapest office.\u00a0<\/p>\n

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on 22-04-2026 08:30 CET.<\/p>\n

For more information:<\/b><\/p>\n

Ann-Sofi J\u00f6nsson,\u00a0Head of Investor Relations & Sustainability Reporting,\u00a0+46\u00a073 025 1005<\/p>\n

Maria \u00c5kerhielm, Investor Relations Manager,\u00a0+46 70\u00a0796 3856<\/p>\n

Henry Sj\u00f6lin, Investor Relations Manager,\u00a0+46 76 863 51 85<\/p>\n

Electrolux Group Press Hotline, +46 8\u00a0657 65\u00a007<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

https:\/\/news.cision.com\/electrolux-group\/r\/electrolux-group-to-end-production-in-jaszbereny–hungary,c4337676<\/a><\/p>\n

The following files are available for download:<\/p>\n

\n\n\n\n
\n

https:\/\/mb.cision.com\/Main\/1853\/4337676\/4051089.pdf<\/a><\/span><\/p>\n<\/td>\n

\n

Press release Hungary April 22 2026 ENG final<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

\u00a0<\/p>\n

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