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Fagor News & Events

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We have learned that the distribution for the UK and Ireland for the De Dietrich brand is to move to the Dublin based KAL Group.

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The Commercial Court No. 1 in Spain, has awarded CNA Group with the assets of appliance maker Fagor Electrodomésticos who plans to take the Fagor business forward.

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Spain's huge conglomerate Mondragon, which employs 80,000 people worldwide, announced Friday the resignation of its president, Txema Gisasola, and the opening of a "period of reflection" in the face of economic troubles.

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News has reached us today that Haier has pulled out of the joint venture agreement that it had entered with Fagor for a new factory in Poland due to Fagor's current bankruptcy.

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Many sources are now reporting that bankruptcy now appears the inevitable outcome for Fagor after Last minute efforts this past week to recapitalise the white goods manufacturer have failed.

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Speculation continues to build that troubled Spanish electrical appliance maker Fagor, employing 5,700 people worldwide, will file for full bankruptcy, Spanish Industry Minister Jose Manuel Soria said yesterday while operations in France have now filed for bankruptcy.

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Euro Weekly News reports that Fagor, the Spanish appliance manufacturer among other things, needs €170 million to get back on its feet as information on the position of the company begins to unfold a little more.

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Spanish appliance maker Fagor has filed for bankruptcy protection after years of economic crisis caused a dramatic drop in sales.

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We're willing to predict that this new laundry concept by design students for Fagor is most probably going to stay that way, a concept. But it is interesting.

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It would very probably look like the new Spoutnik range of freestanding microwave ovens from Spain's Fagor which is essentiually looks like it is just a translucent dome akin to the original iMacs with a nod to Sputnik in the name.