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 Corporate - Restructuring


Electrolux to dispose of Nandalur plant

Our Bureau

New Delhi , Dec. 26

THE shareholders of Electrolux Kelvinator Ltd have approved the disposal of Nandalur Plant located in Andhra Pradesh.

In a bid to improve its financial condition, Electrolux has, in the past couple of years, closed down several of its plants including its washing machine plant in Gurgaon, and the compressor plant at Sanathnagar, Hyderabad, in addition to the refrigerator factory at Nandalur.

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