- Business
- AB Electrolux (publ) (ELUX-B.ST) develops, manufactures and sells household appliances worldwide. The company offers refrigerators, freezers, cookers, ovens, hobs, hoods, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, small domestic appliances, consumables and accessories; it provides these under the Electrolux, AEG and Frigidaire brands through retailers, buying groups, independent stores and direct to consumers, with product installation, repair and maintenance services. AB Electrolux (publ) was founded in 1901 and is headquartered in Stockholm, Sweden; it operates primarily in the United States, Brazil, Germany, Australia, Canada, Switzerland, the United Kingdom, Italy, France, Sweden and other international markets, employing approximately 41,000 people. In early 2025, the company secured a EUR200 million loan from the European Investment Bank to fund green-focused research, development and innovation for energy-efficient appliances in food preparation, preservation, fabric care and dish care, with activities in Italy, Sweden, Germany, Poland and Romania through 2026.