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Browsing the "Industry News" Category

Business

Fagor Electrodomésticos seeks protection from creditors

Published on October 8th, 2013 | by The GC Team

Spanish white goods manufacturer Fagor Electrodomésticos has filed for protection from creditors while it tries to refinance its debt. The company, which is Europe’s fifth largest appliance maker and part of the Basque region’s Mondragón co-operative, ... Read More


Business

Samsung releases Q3 2013 earnings guidance

Published on October 8th, 2013 | by The GC Team

Samsung Electronics has announced its earnings guidance for the third quarter of 2013, ahead of releasing its quarterly report. Operating profit rose almost 25% on the same period last year, from KRW 8.06 trillion to KRW ... Read More


Business

Loewe enters self-administration process

Published on October 4th, 2013 | by The GC Team

German TV manufacturer Loewe has been placed into a self-administration insolvency process (Insol-venzverfahren in Eigenverwaltung) to protect it from creditors and give the business three months to find new investors. Loewe filed for the creditor protection, ... Read More


Business

British technology joins new online ethical marketplace

Published on October 4th, 2013 | by The GC Team

Cello Electronics, the UK’s only TV manufacturer, has given its endorsement to an ethical online marketplace promoting British-made goods and is selling its products via the platform. www.madecloser.co.uk sells goods ranging from TVs to tea towels ... Read More


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