Electrolux to Close Hungary Factory, 600 Jobs

Electrolux will close its Jaszbereny factory in Hungary by end‑2026, eliminating about 600 positions.
The shutdown follows a strategy review citing stagnant demand, price pressure and cost‑competitiveness constraints.
Electrolux will record a restructuring charge of roughly SEK 600 million in Q2, with SEK 300 million cash‑related.
Refrigeration output will be supplied via existing sites and external partners, while Budapest sales and marketing remain unaffected.