Electrolux People
Electrolux AB () is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool. Electrolux products sell under a variety of brand names (including its own), and are primarily major appliances and vacuum cleaners intended for home consumer use. Electrolux has a primary listing on the Stockholm Stock Exchange and is a constituent of the OMX Stockholm 30 index. History The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances. Sales company to major manufacturer In 1919, a Svenska Elektron AB acquisition, Elektromekaniska AB, became Elektrolux (the spelling was changed to Ele ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Prophet (company)
Prophet is an integrated growth consulting firm that specializes in strategy, transformation, innovation, branding, marketing, and design. The firm is headquartered in San Francisco and has offices in the United States, Europe, and Asia. The firm is best known for BP's Beyond Petroleum strategy and T-Mobile's "Un-carrier" positioning. History Prophet was founded in 1992 by Scott Galloway and Ian Chaplin, both graduates of the University of California, Berkeley's Haas School of Business. In 1998, Michael Dunn was named company president. Around the same time, author and consultant David Aaker began working with Prophet. Aaker currently serves as the company's vice chairman. Dunn was named chief executive officer in 2000. He is currently the firm's chairman and CEO. Prophet's annual revenue has grown to approximately $125 million with over 500 employees worldwide. Acquisitions In early 2009, Prophet acquired Richmond, Virginia-based Play, a creativity and innovation comp ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Investor AB
Investor AB is a Swedish investment and ''de facto'' conglomerate holding company. It was founded in 1916 and is still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling stake in several large Swedish companies, with smaller positions in a number of other firms. History Investor AB was established by the Wallenberg family in Stockholm in 1916 when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the family bank, Stockholms Enskilda Bank ( SEB today), were transferred to Investor AB, a newly formed industrial holding company spun out of the bank. Investments Listed companies Investor AB own significant minority stakes in listed companies and are typically the largest shareholder. * ABB - Provides electrification products, robotics and motion, industrial automation and power grids. * AstraZeneca - A biopharmaceutical com ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Husqvarna AB
The Husqvarna Group () is a Swedish manufacturer of outdoor power products including chainsaws, trimmers, brushcutters, cultivators, and garden tractors. Founded as a firearms manufacturer in 1689, it is one of the oldest continuously running companies in the world. Headquartered in Stockholm, Sweden, the group also produces consumer watering products, cutting equipment and diamond tools for the construction and stone industries. Their motorcycle division was spun off in 1987, and is now owned by KTM. Their sewing machine division was sold off in 1997 and is now owned by SVP Worldwide. Husqvarna Group sponsors the Swedish ice hockey club HV71 and several local community engagement projects around the world. History 1689 – Firearms The drilling work at the waterfalls in Husqvarna, southern Sweden, was the first large plant. The state-owned rifle factory had some 1,000 employees at the beginning of the 18th century. The company was spun off from Husqvarna Vapenfabriks ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dishwasher
A dishwasher is a machine that is used to clean dishware, cookware, and cutlery automatically. Unlike manual dishwashing, which relies heavily on physical scrubbing to remove soiling, the mechanical dishwasher cleans by spraying hot water, typically between , at the dishes, with lower temperatures of water used for delicate items. A mix of water and dishwasher detergent is pumped to one or more rotating sprayers, cleaning the dishes with the cleaning mixture. The mixture is recirculated to save water and energy. Often there is a pre-rinse, which may or may not include detergent, and the water is then drained. This is followed by the main wash with fresh water and detergent. Once the wash is finished, the water is drained; more hot water enters the tub by means of an electromechanical solenoid valve, and the rinse cycle(s) begin. After the rinse process finishes, the water is drained again and the dishes are dried using one of several drying methods. Typically a rinse-aid, a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Washing Machine
A washing machine (laundry machine, clothes washer, washer, or simply wash) is a home appliance used to wash laundry. The term is mostly applied to machines that use water as opposed to dry cleaning (which uses alternative cleaning fluids and is performed by specialist businesses) or ultrasonic cleaners. The user adds laundry detergent, which is sold in liquid or powder form, to the wash water. History Washing by hand Laundering by hand involves soaking, beating, scrubbing, and rinsing dirty textiles. Before indoor plumbing, individuals also had to carry all the water used for washing, boiling, and rinsing the laundry from a pump, well, or spring. Water for the laundry would be hand carried, heated on a fire for washing, then poured into the tub. That made the warm soapy water precious; it would be reused, first to wash the least soiled clothing, then to wash progressively dirtier laundry. Removal of soap and water from the clothing after washing was a separate process. Fi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Absorption Refrigerator
An absorption refrigerator is a refrigerator that uses a heat source (e.g., solar energy, a fossil-fueled flame, waste heat from factories, or district heating systems) to provide the energy needed to drive the cooling process. The system uses two coolants, the first of which performs evaporative cooling and is then absorbed into the second coolant; heat is needed to reset the two coolants to their initial states. The principle can also be used to air-condition buildings using the waste heat from a gas turbine or water heater. Using waste heat from a gas turbine makes the turbine very efficient because it first produces electricity, then hot water, and finally, air-conditioning—trigeneration. Absorption refrigerators are commonly used in recreational vehicles (RVs), campers, and caravans because the heat required to power them can be provided by a propane fuel burner, by a low-voltage DC electric heater (from a battery or vehicle electrical system) or by a mains-powered elect ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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OMX Stockholm 30
The OMX Stockholm 30 (OMXS30) is a stock market index for the Stockholm Stock Exchange. It is a capitalization-weighted index of the 30 most-traded stock on the Nasdaq Stockholm Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As o ... stock exchange. The index started on 30 Sep 1986 with a base value of 125. Index composition 2021-11-01 Contract Specifications The OMX Stockholm Index trades on the NASDAQ Nordic Derivatives exchange (OMXFUT). the contract specifications are shown below: Annual returns The following table shows the annual development of the OMX Stockholm 30 since 1986. Footnotes External linksOfficial Nasdaq Nordic list of OMXS30 componentsBloomberg page for OMX:IND Nasdaq Nordic Swedish stock market indices {{stockexchange-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Vacuum Cleaner
A vacuum cleaner, also known simply as a vacuum or a hoover, is a device that causes suction in order to remove dirt from floors, upholstery, draperies, and other surfaces. It is generally electrically driven. The dirt is collected by either a dustbag or a cyclone for later disposal. Vacuum cleaners, which are used in homes as well as in industry, exist in a variety of sizes and models—small battery-powered hand-held devices, wheeled canister models for home use, domestic central vacuum cleaners, huge stationary industrial appliances that can handle several hundred litres of dirt before being emptied, and self-propelled vacuum trucks for recovery of large spills or removal of contaminated soil. Specialized shop vacuums can be used to suck up both solid matter and liquids. Name Although ''vacuum cleaner'' and the short form ''vacuum'' are neutral names, in some countries (UK, Ireland) ''hoover'' is used instead as a genericized trademark, and as a verb. The name comes from t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |