Electrolux (OTCMKTS:ELUXY), trading OTCMKTS under the symbol ELUXY, is a Swedish multinational home appliance manufacturer with roots dating back to 1919. The company was founded through the merger of two Swedish firms, AB Elektromekaniska and Lux AB, and initially focused on vacuum cleaners. Over the decades, Electrolux expanded its product portfolio and geographic reach, establishing itself as a leader in both consumer and professional appliances.
Today, Electrolux designs, manufactures and markets a broad range of household appliances, including refrigerators, dishwashers, washing machines, dryers, cooking appliances and small domestic appliances. The company’s portfolio encompasses well-known brands such as Electrolux, AEG, Frigidaire, Zanussi and Eureka. Electrolux also serves the professional market by supplying commercial laundry, catering and cleaning solutions for restaurants, hotels and other service industries.
Headquartered in Stockholm, Sweden, Electrolux operates in more than 120 countries across Europe, North America, Latin America, Asia and the Middle East. Its production footprint spans Europe, North America and Asia, supported by a global network of research and development centers. Under the leadership of President and Chief Executive Officer Jonas Samuelson, the company has focused on driving innovation, sustainability and operational efficiency to strengthen its market position worldwide.
Innovation and environmental responsibility are core pillars of Electrolux’s strategy. The company invests in eco-design to reduce energy and water consumption, minimize waste and promote circular economy initiatives. Through ongoing research in smart technologies and connectivity, Electrolux aims to enhance user experience, improve appliance performance and deliver long-term value to consumers, professional customers and stakeholders alike.
