Where is the Indesit Company located in Italy?
Indesit Company ( / ˈɪndɪsɪt /; Italian pronunciation: [ˈindezit]) is an Italian company based in Fabriano, Ancona province. It is one of the leading European manufacturers and distributors of major domestic appliances (washing machines, dryers, dishwashers, fridges, freezers, cookers, hoods, ovens and hobs).
What kind of washing machine does Indesit make?
Types of Washing Machines Indesit produces freestanding and built-in washers that differ in size. There are standard large machines and slim models with narrower corp. The approximate capacity of machines varies from 7 to 10 kg which is comfortable for families and small businesses.
Who is the chairman of the Indesit Company?
Andrea Merloni, from 2010, succeeded his father Vittorio to lead the company as the new chairman. On 9 June 2010, the company announced an investment of 120 million over the three-year period 2010–2012 to consolidate its presence in Italy and simultaneously the closure of the two plants Brembate (Bergamo) and Refrontolo (Treviso).
When did Merloni Elettrodomestici become the Indesit Company?
In February 2005, Merloni Elettrodomestici was renamed Indesit Company: Indesit is the best known of the Group’s brands outside Italy. At the beginning of 2007, Indesit Company launched the group’s new brand architecture, Hotpoint, and combined with Ariston to form the Hotpoint-Ariston brand.
When did Indesit go into the stock market?
From 1981 the company went through a period of crisis, which ended in 1984, when Vittorio Merloni, having concluded his presidency of Confindustria, returned to managing Indesit. Profits and revenues of the company grew, and this led the Merloni family to decide in 1986 in favor of the company’s entry into the stock market.