US firm leaving Slovak market, Turks will take over factory

Lay-offs not planned, unionists say.

The US company Whirlpool is leaving the Slovak market.The US company Whirlpool is leaving the Slovak market. (Source: Whirlpool Poprad)

The American manufacturer of white goods Whirlpool, which runs a plant in Poprad, eastern Slovakia, will be leaving the Slovak market later this year.

The plant, the only Whirlpool facility where top loading washing machines are manufactured, will be taken over by the Turkish corporation Arçelik, writes the Korzár website.

SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

A thousand employees work at the Poprad factory, but they do not seem to be stressed about the change.

“For us, the employees, nothing should change. We have information that we we are supposed to stay and continue working,” said the Whirlpool Slovakia Trade Union Chair, Tomáš Hurajt.

SkryťTurn off ads

Pending approval

The merger first needs to be approved in Slovakia, and by anti-monopoly authorities in other European countries, like Poland and Italy, where Whirlpool and Arçelik plan to merge.

Whirlpool will own 25 percent and Arçelik 75 percent in the newly created firm, with an expected turnover of €6 billion after the merger.

Today, Arçelik employs 45,000 people in 30 factories and 53 subsidiary companies in 83 countries. In Europe alone, the firm owns 25 firms and two factories in Romania. Whirlpool has nine factories and 14 daughter companies in 38 countries, including Italy, Poland, Great Britain and Slovakia.

The new company will also have regional user rights for the Beko, Blomberg and Altus brands and the Whirlpool brand for a period of 40 years.

SkryťTurn off ads

Whirlpool in Poprad will end 31 years after its arrival in the town.

Top stories

Representatives of the Vietnamese community in Slovakia.

News digest: Historic milestone for the Vietnamese community

Discount chain touts special experience, how effective police directorates are in solving sexual crimes, and storm warning for the country.

15 h
Vrakuňa’s citizens presented apples washed in water with leaked toxins at the protest in 2016.

Chemical time bomb in Bratislava’s Vrakuňa keeps ticking

The state is failing to solve leaking chemical waste dump.

31. may
Jupiter (centre) and its Galilean moons: from left Ganymede, Io, Europa and Callisto. Juice with deployed antennas and arrays is in the bottom right.

From Košice to Ganymede: Slovak engineers are leaving their mark in space

Slovaks are active participants in two ongoing space missions.

20. may
Illustrative stock photo

Success of solving sexual crimes depends on officer you get

Analysis of successful criminal investigations.

20 h
SkryťClose ad