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FINANCIAL NEWS
Electrolux aims increase in Egypt’s market
01 Jun 2017
(MENAFN) Electrolux is aiming expansion in the Egyptian market, as a senior company group makes an official visit to Egypt in order to discuss more expansion.
Furthermore, the firm aims to make Egypt its regional hub to expand in the area, while it operates four factories across the country, offering 4.000 direct jobs.
In addition, the firm has 47 factories across the world, while its new products are more energy-efficient, reduce water consumption and have longer life spans.
The company in Egypt has sales of USD200mn and manufacturers washing machines, refrigerators, cookers, and water heaters at four production sites.
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MENAFN0106201700450000ID1095526609
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