founded in 1920 , banque de luxembourg is one of the most important financial institutions in luxembourg .

with decisions made locally , it offers its independent wealth management expertise to clients based in luxembourg and the rest of europe .

banque de luxembourg

2005 : banque générale du luxembourg becomes fortis banque luxembourg . banque générale du luxembourg changed its name , now doing business under the name fortis banque luxembourg .
family business network : le réseau des entreprises familiales se lance au luxembourg avec le soutien de la banque de luxembourg .
established in luxembourg since the 1920s , banque de luxembourg is one of luxembourg ' s largest private banks . banque de luxembourg specializes in providing asset management services for individuals , families and businesses .
chart 3 . number of employees of banque de luxembourg s . a . .
legal information | © 2018 bli - banque de luxembourg investments s . a .
la banque de luxembourg et la maison d’édition maison moderne publient un livre retraçant l’histoire de dix entreprises familiales luxembourgeoises . découvrez le portrait de la famille muller :
la banque de luxembourg et la maison d’édition maison moderne publient un livre retraçant l’histoire de dix entreprises familiales luxembourgeoises . découvrez le portrait de la famille ernster :
mfi id of banque de luxembourg s . a . is shown in the table below .
180 entrepreneurs familiaux germanophones se sont retrouvés dans les locaux de la banque de luxembourg à l’occasion du forum « family business days» .
glassdoor gives you an inside look at what it ' s like to work at banque de luxembourg , including salaries , reviews , office photos , and more . this is the banque de luxembourg company profile . all content is posted anonymously by employees working at banque de luxembourg .
la banque de luxembourg et la maison d’édition maison moderne publient un livre retraçant l’histoire de 10 entreprises familiales luxembourgeoises . découvrez le portrait contemporain du luxembourg à travers l’histoire de ces familles d’entrepreneurs .
banque de luxembourg s . a . operates under the brand name banque de luxembourg . this banking brand has presence in the following european countries and selected dependent territories of the european countries :
towards a genuine economic and monetary union - contribution de m . gaston reinesch , gouverneur de la banque centrale du luxembourg , revue de l ' euro , 29 juin 2017
euro et prospérité - contribution de m . gaston reinesch , gouverneur de la banque centrale du luxembourg , le jeudi , 20 ans de l’hebdomadaire , édition du 1er juin 2017
banque de luxembourg s . a . provides services in the area of asset and wealth management . banque de luxembourg s . a . makes its solutions available to natural persons and legal entities .
bic of banque de luxembourg s . a . and its components are shown in the table below .
the history of banque de luxembourg goes back to 1920 . its character was forged by the merger of two banks , the crédit industriel d’alsace et de lorraine and banque mathieu frères .
tout au long de l ' année 2017 , de nombreux nouveaux clients ont rejoint la banque de luxembourg et le montant des avoirs qui nous ont été confiés a atteint un niveau record .
table 1 . recent changes in gross profit of banque de luxembourg s . a . ( mln eur ) .
if you are already a banque de luxembourg client , you can subscribe to bl funds under “my account online” .
pour la première édition du solirunbike à luxembourg - kockelscheuer , plus de quarante équipes ont fait preuve de solidarité envers les enfants atteints de la maladie de noma au burkina faso . retour sur cet événement :
la banque de luxembourg présente ses résultats financiers au titre de l ' exercice clôturé au 31 décembre 2017 . découvrez - les dans la version digitale de l ' overview , notre traditionnelle brochure de présentation qui revient également sur qui nous sommes et sur nos faits marquants de l ' année 2017 .
les travaux de démolition du centre postal gare viennent de débuter . le nouveau complexe qui sortira de terre sera , dès 2022 , le siège officiel de post luxembourg . qui ne connaît pas le . . .
creation of banque de paris et des pays - bas ( renamed paribas in 1982 ) .
recent changes in gross profit of banque de luxembourg s . a . and its main components are shown in table 1 .
of banque de luxembourg s . a . . growth compared to the previous period ( 2015 ) was 1 . 49 % . the evolution of the number of employees of banque de luxembourg s . a . is shown at chart 3 below .
banque de luxembourg s . a . participates in deposit guarantee scheme of luxembourg . this scheme covers accounts up to 100 000 eur per bank per depositor .
in 2016 total assets of banque de luxembourg s . a . were 13 415 , 00 mln eur . in 2016 the bank ' s annual profit was 63 , 00 mln eur . banque de luxembourg s . a . had 815 employees in 2016 .
: creation of two luxembourg subsidiaries : ag luxembourg ( iard ) and ag luxembourg vie .
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of banque de luxembourg s . a . were 13 415 . 00 mln eur . growth compared to the previous period ( 2015 ) was 3 . 80 % . the evolution of the total assets of banque de luxembourg s . a . is shown at chart 1 below .
of banque de luxembourg s . a . was 63 . 00 mln eur . decline compared to the previous period ( 2015 ) was - 8 . 70 % . the evolution of the annual profit of banque de luxembourg s . a . is shown at chart 2 below .
à l’occasion de la sortie du livre « histoires de familles » , philippe depoorter et l’anthropologue abdu gnaba ont posé chacun un regard sur l ' histoire de 10 familles d ' entrepreneurs au luxembourg . à lire dans le magazine paperjam de juin ! urltoken
cartes bancaires : quelles précautions prendre avant de partir ? voici quelques conseils de prudence pour voyager l ' esprit tranquille .
naviguez dans le fil des actualités de post ! précisez votre recherche en filtrant les actualités de type news ou communiqués .
: merger between ag luxembourg , ag luxembourg vie and cga luxembourg , a former subsidiary of cger assurances .
: luxembourg life assurance companies cga vie , generalife and fortis luxembourg vie merge to form fortis luxembourg vie .
in the case of banque de luxembourg s . a . failure , eligible depositors having covered accounts in this bank will be paid out the following compensation :
au cœur de l ' europe , le luxembourg est à la fois une place financière d ' envergure mondiale , un hub européen pour de nombreuses entreprises et un pays reconnu pour la qualité de vie qu ' il propose .
the information provided on this website is solely intended for the presentation of bli - banque de luxembourg investments s . a . ( hereinafter “bli” ) and its business .
banque privée , nous accompagnons des particuliers , familles et entrepreneurs dans la protection , la valorisation et la transmission de leur patrimoine .
support for businesses across the border . banque générale du luxembourg opens a new business centre in metz .
at banque de luxembourg , we place great importance on creating a pleasant working environment and providing opportunities for our 900 employees to make the most of their talents and skills .
le risque politique fait son retour en zone euro et inquiète les marchés . explications avec jean - françois gillardin , head of discretionary portfolio management à la banque de luxembourg .
our approach to our business is a reflection of the core values that underpin banque de luxembourg ' s corporate culture : commitment , high standards , responsibility , flexibility and diversity .
1935 : the head office of banque générale moves to luxembourg . in 1935 , the société générale de belgique decided to make banque générale du luxembourg a luxembourg - based company . the central office at 14 , rue aldringen , thus also became the head office of the bank . the bank ' s business activities would henceforth be focused around the grand duchy of luxembourg .
the banque centrale du luxembourg ( bcl ) is the monetary authority of luxembourg and a member of the eurosystem and the european system of central banks .
banque de luxembourg is one of the most important financial institutions in luxembourg . the bank employs 800 people across branches in luxembourg and belgium . planon has several other clients in the financial industry , including pggm , unicredit , bb & t and european stability mechanism .
all credit institutions operating in luxembourg are obliged to participate in luxembourg deposit guarantee scheme .
amélioration du service de colis transfrontaliers grâce à parcel connect la coopération renforce le commerce électronique transfrontalier et élargit l ' offre de services dhl parcel . . .
“it is great to see how banque de luxembourg uses the planon solutions to align and integrate its employee services with the core business goals” , says pierre guelen , ceo and founder of the planon group .
dans la poursuite de notre tradition de mécène et pour accompagner la création artistique , c’est en voisins et en amis que nous soutenons le musée dhondt - dhaenens .
à quoi ressemblera le banquier de demain ? c’est la question à laquelle la banque a répondu dans le dossier place financière publié dans le quotidien du 7 juin .
action sportive et solidaire au profit de l ' association ela ce vendredi 15 juin ! contribuez au succès de ce projet hëllef hëllefen , quand vous le souhaitez , au cours de la journée : marchez , courez . . . et comptez vos pas !
: the entities in luxembourg change their name to become known as fortis luxembourg - iard s . a . and fortis luxembourg - vie s . a .
nous confier la gestion de vos avoirs , c’est bénéficier d’une stratégie d’investissement responsable qui a fait ses preuves . mais c’est aussi vous libérer des contraintes liées à la gestion de votre portefeuille au quotidien .
banque raiffeisen romain funk tel . ( + 352 ) 2450 - 2511 romain . funk @ urltoken
strengthening of the collaboration between all the businesses of banque générale du luxembourg and the whole network belonging to one of the leading european bancassurance groups , fortis .
: the bnp paribas group becomes the majority shareholder of bgl in luxembourg ( which changes its name to become bgl bnp paribas ) and fortis banque in belgium .
1984 : the shares of banque générale du luxembourg are listed on the stock exchange . with a view to enlarging its shareholder body and opening its shares up to the market , banque générale du luxembourg applied for listing on the luxembourg stock exchange in 1984 . the shares were first listed on 29 november 1984 , for the sum of luf 5 , 400 ( eur 133 . 86 ) .
1999 : banque générale du luxembourg , commercial deposit and credit institution , investment bank and international financial services company . as a universal bank , banque générale du luxembourg offers its luxembourg customers the services of a commercial bank whilst at the same time establishing a presence as an investment bank and in the international financial services . the bank continued to diversify and extend its international and domestic business activities .
transmettre son patrimoine et ses biens est un moment délicat . pour vous aider à préparer cette étape importante , il est nécessaire de vous poser les bonnes questions en amont afin de cerner les facteurs pouvant impacter votre succession .
merger and integration into fortis group . internaxx , an online brokerage arising from a joint venture between banque générale du luxembourg and td waterhouse , is launched in june 2001 .
un certain nombre de mesures fiscales ont récemment été introduites par le gouvernement belge . découvrez nos articles et vidéos .
you can subscribe directly to our investment funds , retaining the flexibility to switch funds or apply to redeem your units at any time . a factsheet ( updated daily ) , summarising the performance and principal positions , is available for each banque de luxembourg fund along with a quarterly management report .
june 16 th , 2014 - banque de luxembourg has recently centralized several business support departments across the organization . the international bank has selected planon ' s integrated workplace management system ( iwms ) to manage their fm contracts , end - user requests and workplaces in an efficient and effective manner .
1940 - 1945 : the business activities of banque générale du luxembourg experience a slowdown during the second world war . since the 1960s : development of the bank ' s international activities . as luxembourg emerged as an international financial centre after the 1960s , the banque générale became involved in international financial transactions , becoming a significant service provider on the international credit and bond markets .
le 1er ministre shinzo abe avait promis en 2013 de relancer l’économie du japon et de stopper la déflation avec son programme des
abenomics
. celui - ci reposait sur une relance budgétaire massive , un assouplissement monétaire et des réformes structurelles .
legend holdings corp . , a hong kong - listed diversified investment group , announced today the signing of an agreement with precision capital , a luxembourg - based financial holding company , for the acquisition of precision capital’s 89 . 936 % stake in banque internationale à luxembourg ( bil ) , a leading universal banking group headquartered in luxembourg .
bip was founded in april 2000 with the incorporation of bgl investment partners s . a . ( bip i ) at the joint initiative of banque générale du luxembourg , now bgl bnp paribas s . a . , and a group of private investors in luxembourg . in the same year , bip i was quoted on the luxembourg stock exchange .
2008 : the luxembourg government becomes a shareholder in the bank , with a stake of 49 . 9 % . in september 2008 , the luxembourg government invested eur 2 . 5 billion in fortis banque luxembourg in the form of a loan compulsorily convertible into shares . in october 2008 , the belgian and luxembourg governments decided , in collaboration with an internationally renowned financial partner , bnp paribas , to consolidate the structures and activities of fortis in belgium and luxembourg . in december 2008 , the luxembourg government became a shareholder in the bank to the order of 49 . 9 % via the conversion into shares of the previously granted loan . in anticipation of the alliance with bnp paribas , fortis banque luxembourg changed its name and began to do business under the name bgl .
lors d’un petit - déjeuner informel , nos nouveaux collègues ont eu l’occasion de partager leurs premières impressions avec nicole dochen , notre drh . nous leur souhaitons la bienvenue au sein de notre maison . # maisonattentionnee # accueil # rh # ressourceshumaines # banquedeluxembourg urltoken
the bil deal is subject to regulatory approvals , including from the european central bank and luxembourg’s commission de surveillance du secteur financier , and is expected to be completed in the first quarter of next year .
representing the private interests of members of the al - thani family of qatar , precision capital holds 99 . 9 % of kbl epb and 89 . 9 % of banque internationale à luxembourg ( bil ) , with the balance of the latter investment held by the grand duchy of luxembourg .
b - shares are held by the luxembourg state and the public institutions banque et caisse d’epargne ( bcee ) and société nationale de crédit et d’investissement ( snci ) . a b - share carries 40 % of the economic rights of an a - share . the b shares are not listed on any exchange and do not back a tradable security .
with the signing of the partnership agreement and the consent of all relevant authorities , it becomes now official that post luxembourg and banque raiffeisen will together pave the way for the post current account model of the future .
kbl european private bankers was acquired in 2012 by precision capital , a luxembourg - based bank holding company that is supervised by the european central bank ( ecb ) and the commission de surveillance du secteur financier ( cssf ) .
2002 : development continues in the grande région . bancassurance : a new gap in the market . banque générale du luxembourg continued its strategy of commercial development within the grande région : sarre - lorraine - luxembourg - trèves / palatin occidental - alsace ; opening of a group business centre at trèves - sarrebruck .
the recent centralization of all business support activities fuelled the organization ' s need for a common software solution that supports this new way of integrated processing of services . after a thorough evaluation , banque de luxembourg selected planon accelerator , a ready to use best - practice that includes standardized processes for real estate , space & workplace , maintenance , integrated services and sustainability management .
“we are very pleased that this bank has found a new buyer from china , a country with which luxembourg has developed a lot of relations knowing that we now have seven chinese banks established here , ” luxembourg finance minister pierre gramegna told reporters in luxembourg .
founded in 1856 , banque internationale à luxembourg ( bil ) is the oldest private banking group in the grand duchy . it issued its first banknotes in the year it was created and retained this privilege until the introduction of the euro .
: cardif continues to develop internationally and is now established in 20 countries , including luxembourg .
the joint goal of post luxembourg and banque raiffeisen is to develop further services in the future , and going above and beyond the present range , to provide the optimal customer care . both partners will efficiently make good use of the available resources . .
fundsquare was constituted on 7 june 2013 in luxembourg and started its activity on 1 july 2013 .
: fortis , the majority shareholder in fortis luxembourg vie , changes its name to become ageas .
b - shares are owned by the luxembourg state and by two entities wholly owned by the luxembourg state . a b - share has 40 % of the economic rights of an a - share .
post luxembourg carmen engels tel . : ( + 352 ) 4765 - 4224 carmen . engels @ urltoken
“we would like to thank precision capital , the luxembourg state and the bil management team for their support . we look forward to working closely with luxembourg state and the bank in the years ahead . ”
) struck a deal on friday to buy a 90 percent stake in banque internationale a luxembourg ( bil ) for 1 . 48 billion euros ( $ 1 . 76 billion ) in the biggest takeover of a european deposit - taking bank by a chinese firm so far .
china ' s legend buys luxembourg ' s bil bank for $ 1 . 8 billion in landmark european expansion
1928 : the bank extends its business into belgium , the grand duchy of luxembourg and france . by the beginning of 1928 , banque générale du luxembourg was already a major regional bank with solid foundations in belgium , france and the grand duchy of luxembourg . the core of the bank ' s business activities in france was located at metz ' s principal branch , at 7 and 8 place st - jacques . it was directly responsible for the branches at thionville , audun - le - tiche , carignan and hayange .
the listed security is the fiduciary depositary receipt ( “fdr” ) , listed on the luxembourg and euronext paris stock exchanges . each of these is backed by one a - share and has all the rights attaching to that share , except the right of attending general meetings of shareholders . in order to attend a general meeting , at least one registered share must be held . voting rights may be exercised by notifying the fiduciary ( banque et caisse d’epargne de l’etat ) of the voting intention .
china ' s legend buys luxembourg ' s bil bank for $ 1 . 8 billion in landmark european expansion | reuters
at this stage and in order to bring the fmi project to fruition , the luxembourg stock exchange decided to finance the entirety of the initiative and to create a dedicated legal structure . in parallel and to create the infrastructure the luxembourg stock exchange decided to :
luc frieden , chairman of bil , said :
thanks to strategic measures taken since 2012 – with the support of precision capital , the luxembourg state , our employees and our clients – bil has successfully regained its status as a leading luxembourg financial institution .
he said legend aimed to support the bank and its existing management to grow bil into a luxembourg - based , international banking brand .
post luxembourg will own a 10 per cent equity stake in raiffeisen and count 2 representatives within the board of directors of the cooperative bank .
i am proud to chair this great luxembourg bank as we prepare to write the next chapter in bil’s success story , ” frieden added .
2010 : bgl bnp paribas acquires 100 % of the share capital of bnp paribas luxembourg , with a view to carrying out a merger by absorption . in february 2010 , as part of bnp paribas group ' s business plan for luxembourg , bgl bnp paribas acquired 100 % of the share capital of bnp paribas luxembourg . after the legal merger of the two entities on 1 october , the transfer of the business activities of bnp paribas luxembourg s . a . to the technical and operational platforms of bgl bnp paribas was finalised over the weekend of 30 october .
a quels événements faut - il être attentif pour les 6 prochains mois ? comment en tenir compte dans la gestion d’un portefeuille ? dans un article paru dans la libre belgique , damien petit , responsable de private banking investments livre son analyse .
1969 : the bank sets up a trading floor and since the 1970s has played an increasingly large part in the eurobonds market . in order to maintain direct contact with its principal markets , the bank opened branches in milan , hong kong and frankfurt . in august 1982 , it extended its network , establishing banque générale du luxembourg ( suisse ) s . a . in zurich .
fundsquare is a wholly - owned subsidiary of the luxembourg stock exchange and is the combination of finesti services with newly - created order management services .
bil’s existing management team will stay in place while the luxembourg government will keep the remaining 10 percent of the bank , according to the statement .
the oldest private bank in the grand duchy of luxembourg . since being established in 1856 , bil has been helping private and corporate clients with their financial projects .
: cardif lux vie and bnp paribas cardif terminate the reinsurance contract binding them in connection with management of fonds général , which is thereafter managed directly in luxembourg .
this website is an information website addressed exclusively to qualified investors within the meaning of luxembourg law ( see above ) and informed investors within the meaning of luxembourg law ( see above ) , who may or may not be clients of bli . however , the services presented on the website are strictly reserved for clients of bli .
: creation of cardif lux vie , from the merger of two historical players in luxembourg : cardif lux international and fortis luxembourg vie . cardif lux vie is owned by three shareholders : bnp paribas cardif ( 33 . 34 % ) , bgl bnp paribas ( 33 . 33 % ) and ageas ( 33 . 33 % ) .
the proposed transaction is expected to close in the first quarter of 2018 , subject to approval from the european central bank , the commission de surveillance du secteur financier and other relevant regulatory authorities . the acquisition entity is beyond leap limited , a wholly owned subsidiary of legend holdings incorporated in hong kong .
banque raiffeisen also offers its complete range of products and services to all ccp customers and invites everyone to become a raiffeisen member in order to take advantage of the so called avantages opera , where members can earn points to pay for example their annual credit card and may get it for fee .
bil is currently owned by legend holdings - a leading diversified investment group that is headquartered in beijing , china , and listed on the hong kong stock exchange – and the state of luxembourg .
initially , the legal structure is to serve the market as a subsidiary of the luxembourg stock exchange , but is to become a user - owned and user - governed market utility in the future .
founded in 1856 as the oldest private bank in luxembourg , bil employs more than 2 , 000 people worldwide and had some 37 . 7 billion euros of assets under management at the end of 2016 .
l’exposition « flux feelings » est présente au ratskeller du cercle cité luxembourg jusqu’au 24 juin 2018 inclus . venez la découvrir avec nous au cours d ' une visite guidée organisée le mercredi 20 juin dès 12h30 .
bgl bnp paribas progressively decreased its share ownership . various luxembourg families invested in bip i , transforming it into a family - backed company . bip i changed its name to bip investment partners s . a .
the chairperson of the board will inform the government of luxembourg of the envisaged acquisition . the government may oppose the acquisition within three months from such information if it determines that such acquisition would be against the general public interest .
the proposed transaction remains subject to ecb / cssf approval and that of other regulatory authorities . it also remains subject to legend holdings shareholder approval . the grand duchy of luxembourg will retain its 9 . 993 % ownership of bil .
recognised as being a true cornerstone of the luxembourg financial market , bil plays a key role in developing the local economy . operating in retail banking , private banking and corporate banking activities , it is among the country’s top three banks .
integrate finesti , also a subsidiary of the luxembourg stock exchange , into the initiative as an opportunity to leverage its technical infrastructure , fund database , as well as its expertise in fund registration , regulatory reporting , data and document management .
the purchase price more than doubles the 730 million euros precision paid for bil in 2011 when franco - belgian financial group dexia , bil’s then parent company , needed a state - led bailout by france , belgium and luxembourg and sold off all its active businesses .
at the initiative of the luxembourg stock exchange , a consortium of major players of the fund industry was created in 2010 to analyse the creation of a market utility that would help fund actors mutualise costs and achieve greater efficiency in the fund distribution space . the ‘fund market infrastructure’ project was launched .
precision capital , along with the grand duchy of luxembourg , acquired bil in 2012 at a time when the previous shareholder faced significant financial stress . precision capital and bil have since overseen a turnaround of the bank following an in - depth strategic review , having made significant investments in the bank and its brand .
2009 : bnp paribas group becomes the majority shareholder in bgl . in may 2009 , bnp paribas group became the majority shareholder in bgl , with a holding of 65 . 96 % of its share capital . the luxembourg government remained a significant shareholder in the bank , with a holding of 34 % of its capital .
registered and headquartered in luxembourg , precision capital is a private – rather than sovereign – organization that seeks to capitalize on the attractiveness of the european private banking industry over the long term . a strong and committed shareholder , the firm seeks to grow kbl epb ( and bil ) , both organically and through m & a activity .
as an industrial investor , post luxembourg holds stakes in a wide range of partner companies in the telecommunications and postal sector
, says claude strasser .
with our stake in raiffeisen we also emphasise the seriousness of the agreement , the long - term objectives and expect to partake in the anticipated success of our partnership .
our multinational and multilingual team is located in luxembourg , an international hub in the center of europe . leveraging on more than 80 years of combined investment and transaction experience , each transaction team builds on the necessary competences needed to evaluate the potential of presented investment opportunities and to support the investee companies on their path to growth and value maximization .
nasra noted that precision capital’s only other investment – its 99 . 9 % ownership of kbl european private bankers ( kbl epb ) , a pan - european private banking group headquartered in luxembourg – will not be impacted by the agreement with legend holdings . “we remain committed to supporting the long - term stability and growth of kbl epb , ” nasra concluded .
george nasra , ceo of precision capital , said : “bil has made tremendous progress in the past five years . the business is in great shape and boasts an exceptionally strong brand , supported by an experienced management team and over 2 , 000 committed employees in luxembourg and abroad . legend holdings is the right partner for bil as it moves into its next phase of its sustained growth and expansion . ”
raiffeisen is a cooperative bank , and this changes everything !
, says guy hoffmann , chairman of the management board .
as a cooperative bank , we belong to our customers and members and do not depend on any international financial group . raiffeisen is renowned for being a financially solid and carefully operating bank . our decision - making centres are based in luxembourg and our main interest is the domestic market .
this entire range of services available for online banking will also be extended to the branches of the two partners . as of may 2016 , all ccp customers will be able to complete their standard banking transactions ( withdrawals , deposits and transfers ) not only at post sales network , but also at most raiffeisen branches . any ccp customer who does not wish to make use of these standard services offered by raiffeisen can simply notify post luxembourg .
in case of no opposition from the government of luxembourg , the board shall convene an extraordinary meeting of shareholders which may decide at a majority provided for in article 67 - 1 of the law of 10 august 1915 , as amended , regarding commercial companies , to authorize the demanding party to acquire more than 20 % , 33 % or 50 % of the shares . if the demanding party is a shareholder of the company , it may attend the general meeting and will be included in the count for the quorum , but may not take part in the vote .
deposit guarantee schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations .
bic ( business identifier code , also known as swift code or swift bic ) is a the mostly used international identifier of financial institutions . swift is the registration authority for bics . bics are used in financial transactions , client and counterparty data bases , compliance documents and many others .
a bic consists of eight or eleven characters , comprising a financial institution code ( four characters ) , a country code ( two characters ) , a location code ( two characters ) and , optionally , a branch code ( three characters ) .
mfi id ( monetary financial institution identifier ) is a code , unique to each institution in the mfi list provided by ecb ( european central bank ) . mfi id is hence applicable to mfis resident in the european union .
the code is alphanumerical , with the first two digits representing the two - digit iso code for the country of residence of the mfi and the remaining number of digits ( no limit has been specified ) is any combination of alphanumerical characters .
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keep in contact with the bank whenever you want , wherever you are : on the move or simply when you ' re at home , you can access the bank 24 / 7 for day - to - day banking via the e - banking area or the bl mobile banking app .
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reflects our positive attitude individually and collectively in working with our clients at every stage of their life and , at the same time , supporting and encouraging our employees at every stage of their career at the bank .
represent the core of our professionalism and emphasise the importance we place on quality , expertise and know - how . they are evident throughout all the services we offer our clients .
is our determination to act in a considerate way , respecting the interests of others and building the trust of our clients ( professional responsibility ) , of our colleagues ( human responsibility ) and our fellow citizens ( through our commitment to society ) .
means our capacity to promote , anticipate and respond to change so we can better adapt to a constantly evolving environment .
diversity is a form of open - mindedness that we encourage so it is integral to our values .
our commitment to diversity was formalised in 2013 with the signing of the lëtzebuerg diversity charter .
diversity is a source of enrichment , which is why we value all the differences and abilities within our teams . our employees – 47 % women and 53 % men – come from 16 different countries .
we expect the best from you , for our clients and for our teams . if you want to see your talents and ambitions recognised , join us and share your pride with ours .
do you want to act in the best interests of the bank , your clients and your career ? are you looking for a motivating professional environment , where innovation is a constant theme ? your talents will be stimulated within our teams to enable you to think bigger and go further .
do you dream of a personalised approach that encourages the development of your skills throughout your career ? are you looking for a stimulating work environment where everything is done to enable you to meet the challenges ? we will give you the means to turn our shared ambitions into reality .
we offer you a fulfilling work environment where you can nurture the balance between personal and professional life . as part of our corporate commitment to society , if you support social , humanitarian or educational projects – or you want to participate in this area – we will support you in your actions and give you the opportunity to join in our corporate citizenship projects .
we pride ourselves on exceptional relationships with our clients and our staff . it is our challenge to build and maintain these relationships , by focusing on personal development and nurturing expertise .
you will receive a personalised career plan designed to develop your talents and expertise and you will have access to training courses , mobility programmes , mentoring and professional guidance . we provide support throughout your career to ensure that your professional expertise and personal talents are brought to the fore .
as a member of staff , you enjoy a range of benefits including free banking , a complementary pension plan , insurance , personal services etc . . our amicale employees ' association has a range of special offers for your leisure and cultural activities .
you have access to a gym and a corporate restaurant offering a selection of healthy options . every three years , you have the opportunity to have a medical check - up . our offices are designed to provide a pleasant working atmosphere - and help you to be more efficient .
you can attend conferences organised at our auditorium and have priority access to exhibitions organised by our partners in the cultural arena ( musée d ' art moderne , philharmonie , etc . ) . you have the opportunity to join in our corporate citizenship projects and can apply for support from the hëllef hëllefen committee for social , humanitarian and educational activities you are involved in outside work .
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friendly team , great opportunity to learn by working directly with experienced manager . nice culture , and beautiful place .
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take a moment to get inspired . bil private banking works with you so that you can support your loved ones . each client is different with a unique personality and specific preferences and needs . we are well aware of this , which is why you can choose the type of relationship that you wish to have with us .
this management will form the basis of a privileged relationship with your own relationship manager . we also promise to use all of our human and technical resources to maintain and develop your wealth . while responsibility is the dominant value in our commercial philosophy , it cannot exist in isolation from our other values : trust , performance , listening , integrity and transparency .
in our interconnected world , the asset management business has been overhauled in terms of approach and remit . the qualities and knowledge that you can rightfully expect from your private bank are becoming ever more numerous and varied . supported by other experts , relationship managers use their skills to provide you with inheritance , asset structuring and financial planning services .
the quality of relations with each of our clients , reflecting our commitment and values .
our team’s expertise , giving you easy access to our network of international experts .
the flexibility of our solutions to take into account specific factors such as complex international / cross - border situations .
its systemic importance has been confirmed by the european central bank . the bil group employs more than 2 , 000 staff worldwide .
€39 . 4 billion of assets under management ( + 4 . 5 % compared with december 2016 )
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development continues in the grande région . bancassurance : a new gap in the market
effective 21 september 2009 , bgl changed its company name , now doing business under the name bgl bnp paribas .
bip’s investment decisions are made by its investment committee after a recommendation by the investment team .
bip i repositioned its approach , building on a strong balance sheet , excellent reputation , reinforced team and significant funds available for further investment . bip i has since been ideally positioned to pursue its long - term value creation aim for the benefits of all its stakeholders .
goldman sachs asset management ( the “gsam funds” ) acquired a significant stake in bip i .
bip announced the first closing of bip fund ( sca ) , sicar ( bip ii ) managed by bip capital partners and supported by the majority of the shareholders of bip i , including gsam funds , and new investors .
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the consortium quickly evolved into a super user group with the objective of substantially supporting , facilitating and standardising the cross - border distribution of funds .
olivier portenseigne is managing director . he is also chief commercial officer , responsible for business development . olivier has long experience in the fund industry .
maxime aerts was responsible for the implementation of the platform from 1 april 2012 .
much of the asset management supply chain operates b2b , with end investors often invisible to fund manufacturers . digitalisation will change this , bringing client needs into full focus .
to improve our website we use google analytics cookies . these small pieces of data placed in your browser show us some of your activities on our website ( such as which pages you ' ve visited , etc . ) and allow us to measure audience on the website . for more information , please visit our data protection page .
while the ultimate shareholders of precision capital have made a range of other private investments – including in areas such as financial services and real estate – precision capital itself holds only the two assets mentioned above .
highly supportive of kbl epb ’s vision , precision capital is focused on unlocking the full potential of the pan - european private banking group . that includes supporting the establishment of a leading presence in every market in which kbl epb currently operates .
the core management team of precision capital is led by george nasra , the firm’s ceo , who also serves as vice chairman of the boards of directors of both kbl epb and bil . a highly respected and internationally prominent banker , nasra served for three decades at national bank of kuwait , then assumed the leadership of international bank of qatar immediately prior to his appointment at precision capital .
nicholas harvey serves as deputy ceo of precision capital . most recently chief risk officer and member of the management board at amlin europe , harvey earlier advised banks and insurers across europe for 10 years as a consultant with mckinsey . english by birth but raised in belgium , harvey graduated from louvain university in belgium and holds an mba from kellogg in the united states .
additional services and advantageous offers for ccp customers / post acquires 10 per cent equity stake in raiffeisen in the context of the reorientation of the ccp .
all electronic transactions between post and raiffeisen are now free of charge thanks to the partnership .
in addition , withdrawals at all raiffeisen and post atms are free for v pay card holders with either a post or raiffeisen current account . 108 atms are available nationwide .
a particularly interesting new development regards post current account customers who are able to easily open and manage the new raiffeisen r - top savings account using their ccp connect . transfers from ccp to r - top accounts and vice versa are easy and convenient to carry out .
together post and raiffeisen emphasise that the r - top savings account offers both their existing and new customers a truly interesting savings account – in many respects .
r - top is secure , flexible and simple to manage via ccp connect . the advantage of this savings account is that , in addition to the normal interest rate on your balance , there are also special offers where the client profits from an additional remuneration for newly deposited funds .
le chiffre d’affaires s’affiche en hausse à 769 , 6 millions d’euros , malgré l’impact du roaming . le résultat opérationnel ( ebitda ) reste stable et le bénéfice net est dopé par les . . .
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deployment of a new commercial strategy focused on the high net worth clientele of private banks and independent high - end managers .
: cardif lux vie records a net inflow of more than €2 . 2 billion just one year after the merger .
2 . 3 billion in premiums and more than €15 billion assets under management with a pre - tax profit of almost €40 million .
: ag incendie establishes itself on the grand ducal market , along with six other foreign companies .
: beginning of international development ; cardif opens in italy , belgium and spain .
: bnp paribas ' insurance companies are grouped together under the same name : bnp paribas assurance .
: groupe bnp paribas becomes the majority shareholder of the bank , which now trades under the name bgl bnp paribas .
: fortis is the product of the merger between groupe ag with amev n . v . ( a large dutch insurance company ) and vsb ( a dutch bank ) .
the ratio of class a shares to class b shares must be maintained at 2 : 1 as required by the articles of incorporation .
of the a - shares , 359 506 172 ( 78 . 13 % of the economic shares ) are currently lodged with the fiduciary and trade in the form of fdrs .
( 2 ) a b - share carries 40 % of the economic rights of an a - share .
( 3 ) all figures have been rounded up to the second decimal , which may result in a rounding difference of the total percentage for a and b - shares .
under ias 33 , the earnings per share and dividend per share calculations should be made using the weighted average number of shares during the period . the weighted average number of shares should be adjusted for the shares purchased by the company .
the company has issued two classes of shares , a and b - shares . each share is entitled to one vote .
no a - shareholder may hold , directly or indirectly , more than 20 % , 33 % or 50 % of the company’s shares unless he has obtained prior approval from the meeting of shareholders in accordance with the procedure described here below . such limit shall be calculated by taking into account all the shares held by the a - shareholder .


white-westinghouse is an american home appliance brand currently used under license by trademark owner cbs corporation .

it was created in 1975 when white consolidated industries bought the westinghouse electric corporation 's appliance unit .

white consolidated industries was in turn acquired by electrolux group in 1986 .

electrolux made white-westinghouse branded appliances as recently as 2006 .

white - westinghouse

westinghouse electric first entered the appliance market with the purchase of a stove company in 1917 , but it was not until1935 that it introduced its first portable dishwasher . in 1975 , westinghouse electric was acquired by white consolidated industries and the company white - westinghouse came into being . in 1986 , westinghouse electric corporation was acquired by electrolux .
1986 : whiteconsolidated inc , the third largest white goods company in the united states with brands such as frigidaire , gibson , kelvinator and white westinghouse , was acquired .
today , the white westinghouse brand name is available throughout latin america . for us consumers , older model white westinghouse stoves , ovens and ranges may be available through antique stove dealers . models produced after 1986 carry the electrolux name and continue to be sold today through electrolux distribution channels .
white westinghouse was founded in mansfield , ohio in 1914 . in 1917 , they manufactured the first stove made completely from iron and mahogany wood . by 1930 , white westinghouse moved into the production of other household appliances , beginning with refrigerators . today , this company continues to produce refrigerators , dishwashers , freezers , washing machines , dryers , and air - conditioning units . in 1986 , electrolux of sweden purchased white - westinghouse .
white consolidated meets white motor ,
business week , april 26 , 1976 , pp . 96 , 97 .
below are the most popular westinghouse models we have . enter your model number in the search box to find your model .
the white - westinghouse brand name is associated with a number of household products ranging from electric ranges to dryers to dishwashers . their products are promoted as simple , affordable , and durable enough for everyday use .
a well - selected oven , stove or range is critical to any good kitchen , and often serves as its centerpiece . white westinghouse has a long history of bringing these appliances into family kitchens across the world .
today products with the white - westinghouse name are made worldwide and distributed as an electrolux brand . not all the products are available in all countries , so depending on where you live , the exact dishwasher model may vary .
white consolidated industries inc . ( wci ) , part of the electrolux group since 1986 , manufactures and markets a wide variety of appliances for electrolux ' s north american operations . perhaps most recognized in the united states among wci ' s holdings are the brand names of viking and white sewing machines , eureka vacuum cleaners , appliances under the philco , white - westinghouse , and tappan names , and poulan / weed eater chainsaws and trimmers .
electrolux appliances are serviced by a national network of authorized independent service companies . genuine renewal parts are required in order to maintain an electrolux warranty or extended warranty . a search for white westinghouse replacement parts generally led to universal elements that fit a diverse group of standard kitchen appliances .
while the founder ' s love was truly sewing machines , and he pursued many related innovations , his sons became interested in other types of machinery , such as steam - powered automobiles . the early days of the 20th century were explosive with growth for the company . indeed , white diversified as early as 1903 - - making roller skates , automatic lathes , kerosene lamps , and even cars . when white ' s sons couldn ' t convince their father that the steam automobile was worth keeping in production , windsor and walter white spun that product division off from white , forming the white motor corporation in 1906 . the white sewing machine co . then turned its attention back to its original product .
the difference at white consolidated ,
business week , september 26 , 1977 , pp . 135 , 138 .
the man whose name the company bears , thomas h . white , was 22 years old when he invented a single - thread sewing machine small enough to fit in the palm of a hand . in 1858 , with a patent and a partner , white began making
the new england sewing machine ,
which sold for $ 10 . by 1866 , sales were hot enough to prompt white to move from his native massachusetts to cleveland , ohio , to be closer to his suppliers and markets . the white mfg . co . changed its name to the white sewing machine company when it became incorporated in 1876 .
reddig also launched an intensive acquisition campaign . the plan was diversity and the targets were largely appliance concerns . white merged with or acquired roughly 14 companies in 1960 alone . by 1964 , the parent company had changed its name to white consolidated industries , or wci , a reflection of its rainbow of acquisitions , which included : the kelvinator appliance division , from american motors ; gibson , which was then westinghouse ' s appliance division ; and franklin appliance division of studebaker .
enter edward reddig , an accountant who , upon becoming white ' s president in 1955 , led the charge with a single - mindedness that bordered on ruthless , according to many . reddig quickly arranged to have white ' s machines manufactured overseas , to company specifications , and began slashing costs back home , a program that included firing one - third of white ' s work force .
nossiter , daniel ,
wizard white ,
barron ' s , march 21 , 1983 , pp . 20 , 24 .
white consolidated ' s new appliance punch ,
business week , may 7 , 1979 , pp . 94 - - 98 .
the company ' s main product for the us market is the 24 - inch built - in dishwasher . features include a self - cleaning filter with a stainless steel food disposal . the dishwasher is capable of handling light to normal cycles with ultra quiet sound . in addition , white - westinghouse offers a mechanical timer knob and heat or air dry options .
in 1979 , ab electrolux , a european manufacturing business , purchased the tappan stove company . seven years later , ab electrolux purchased white consolidated industries , which manufactured frigidaire , white - westinghouse , gibson , and kelvinator products , and combined its tappan holdings with these new products to create the wci major appliances group . in 1991 , the wci major appliances group simply became known as the frigidaire company . the frigidaire company , which is headquartered in dublin , ohio , continues to manufacture tappan stoves .
white motor merger is put off by court : antitrust suit filed ,
the wall street journal , january 28 , 1971 , p . 12 .
winter , ralph ,
white motor ' s purchase killed by consolidated ,
the wall street journal , may 4 , 1976 , p . 4 .
donnelley , richard ,
white consolidated buys firms to make them pay ,
barron ' s , december 20 , 1963 , pp . 22 , 25 .
fountain , ronald ,
from dance to deal : the white consolidated takeover ,
planning review , may / june , 1988 , pp . 8 - - 15 .
with the great depression came renewed interest in home sewing . white continued to innovate , introducing the first sewing machine outside of its traditional black models , which was made of a magnesium alloy and was also much lighter than its forebears . this product did well enough to warrant the formation of a second subsidiary in 1939 , white sewing machine products limited , in canada .
electrolux shapes living for the better by reinventing taste , care and wellbeing experiences , making life more enjoyable and sustainable for millions of people . through our brands , including electrolux , aeg , anova , frigidaire , westinghouse and zanussi , we sell more than 60 million household and professional products in more than 150 markets every year .
white westinghouse produces built - in ovens , gas and electric cook tops and ranges , as well as external and built - in steam ovens . their stoves , ovens and ranges are available in stainless steel finishes , as well as alternatives . most models utilize 50 hertz and 230 volts for powering , slightly more for gas cook tops and both varieties of steam ovens . models range greatly in size and capacity . ovens come in two sizes , one standard and one that offers extra capacity . ranges and steam ovens vary greatly in size .
another milestone came in 1975 , with the purchase of westinghouse ' s major appliance business . this division was in the red at the time and pulling on westinghouse ' s capital . despite the fact that the appliance industry was in a slump at this time , reddig accepting the $ 700 million acquisition price , since the division would double wci ' s appliance business overnight , and add 60 percent to wci ' s overall volume . the purchase meant taking more of a punch than was wci ' s habit , as the company usually planned one year per company for turnaround . while kelvinator was coaxed from a $ 47 million loss in 1947 to breaking even at the end of the next year , westinghouse would require more work . as more than 60 percent of its business at the time was in manufacturing private label appliances for sears , montgomery ward , and j . c . penney , among others , wci welcomed the opportunity to purchase a brand that would help it compete with appliance giants general electric and whirlpool .
in early 1970 , wci was approached by its offspring , white motor corporation , which proposed a merger . however , the justice department soon forced the two to separate , ruling that the resulting company would have had a monopoly , particularly in light of the fact that wci then owned 30 percent of allis - chalmers mfg . co . allis was a competitor with white motor in several arenas , and had a few years earlier moved for an antitrust injunction to stop wci from acquiring further stock . the ultimate scraping of that venture cost wci dearly ; it lost $ 63 million when it divested white motor corp .
during this time , white motor was doing so poorly the justice department reversed its opposition to the wci merger in 1976 , arguing that white motor would fail without it . then , in a stunning blow , the directors of wci voted the merger down . after the white motor merger was voted down in his absence - - the board claimed it was unhappy with the proposed financing - - reddig retired from wci . by 1976 , wci had doubled its sales and earnings within four years , passing the billion dollar mark . reddig had transformed wci from a $ 20 million sewing machine company into a $ 1 . 2 billion presence .
this white door gasket is used to make an air - tight seal for the cabinet when the door is closed to keep the cool air inside and prevent warm air from entering . this is a genuine oem part .
the world was a changed place by then , as a strong demand for consumer goods ensued . while white had improved its production methods significantly , and 2 , 000 machines were rolling forth a day , imported machines from germany , italy , and japan , had begun to swamp the u . s . market , and it was becoming impossible to compete with their prices . in fact , white spent on materials alone what a finished , imported sewing machine cost in the united states . even though the company had a hearty $ 20 million in sales in 1954 , it reported a $ 440 , 667 net loss and had been on an earning slide for the past six years . in such a changing industry , and world , white could no longer afford to remain a one - product company . when sears , which represented 40 percent of white ' s business in the early 1950s , gave its manufacturing contract to the japanese , the company fully realized the need to diversify .
during world war ii , like many u . s . companies , white turned over its manufacturing for the purpose of producing goods to aid the war effort . production was high enough to necessitate a move to a bigger plant in 1949 . a new administration building was completed in 1951 .
1960’s : electrolux initiated the restructuring of the fragmented western european white goods industry . in 1968 , the minority interest ( 39 % ) in electrolux corp . , usa was sold to consolidated food for almost sek 300 million . the finances generated provided electrolux with the key to future expansion .
succeeding reddig was a three - man team , which initially carried on some of reddig ' s plans , such as the 1977 acquisition of sundstrand corporation ' s machine - tool business , which had been losing money . nevertheless , a parting of philosophies was evident in that , besides being no longer a one - man operation , the new team believed in the value of marketing . part of its plan for turning the new westinghouse appliance business around was to spend heavily on advertising .
the company focused on three divisions in 1985 : home products , which contributed about 76 percent of sales ; machine and metal - basting divisions , providing 12 . 1 percent of sales ; and the general industrial and construction equipment division pitching in the rest . the home products division was an umbrella for the widely known kelvinator , gibson , hamilton , frigidaire , bendiz , philco and white - westinghouse brands . that year , wci decided to combine the divisions ' four major brands into a single operating unit , to be run out of columbus , ohio . prompting this radical move was the fact that the market had suffered decreasing profits and increasing competition for the previous six months , and wci was pressed to cut costs . thus , one effective cost - cutter would be to improve the efficiency of its manufacturing .
2003 - 04 : the consolidation of brands , with electrolux as the main brand , accelerated and a consumer insight - driven product development process was initiated . the group re - introduced the electrolux brand in usa with vacuum cleaners in 2003 followed by high - end white goods in 2004 . during 2003 - 04 , relocation of manufacturing to low cost regions , including eastern europe , south - east asia and mexico , accelerated .
this white door bin can be moved according to space needed in the refrigerator . it holds items on the door of your refrigerator / freezer . they are sometimes called cantilever shelves as they are supported by the back of the shelf itself to the door of your refrigerator . the door bin measures approximately 16 inches wide , 4 . 25 inches deep , and 5 . 75 inches high . this is a genuine oem part and sold individually .
this refrigerator door shelf rack is an attachment for your refrigerator door to hold small items in your fridge , such as condiments . the door rack attaches to the inside of the refrigerator door to hold food items on the door shelves . the rack may need to be replaced if it is warped or broken . it measures approximately 25 inches long , 6 inches deep , 3 inches high , and is white in color . it is sold individually .
this refrigerator door shelf retaining bar is an attachment for your refrigerator door to hold small items in your fridge , such as condiments . the shelf bar attaches to the inside of the refrigerator door to hold food items on the door shelves . it may need to be replaced if it is warped or broken . the shelf bar measures approximately 25 inches long , 5 inches deep , 3 inches high , and is white in color . it is sold individually .
1990′s : the european expansion continued with the 1994 purchase of the white - goods division of german aeg . restructuring programs and other measures were implemented to improve profitability . for example , a two - year restructuring program in 1997 began with the divestment of the industrial products sector , as well as the sewing machine , agricultural implement and interior decoration operations . in 1998 , the core business comprised household appliances , professional appliances and outdoor products , and annual group sales had grown to sek 117 billion .
by the decade ' s end , wci had a comprehensive line of tools , valves , household appliances , and machinery . and its sewing machine operations , being handled overseas , were still regarded as the most innovative in the business . white sewing machines introduced the first overlock system designed for a home sewing machine , the first numbered tension dials , and a recessed cutting system . by 1968 , wci ' s sales were $ 830 million ; stunning when compared with the $ 29 million reported in 1963 , or even the $ 172 million from the year before .
this door shelf retaining bar , also known as refrigerator door bar retainer or fridge door rack , is a genuine part sourced from the original manufacturer . it is a white plastic part that measures about 25 inches wide , 3 inches high , and 5 inches deep , and is sold individually . the bar attaches to the inside of the refrigerator or freezer door to hold food items on the door shelves . the bar may need to be replaced if it is warped or broken . it is recommended to check other door shelf retaining bars on the fridge to be sure no other bars need to be replaced .
this drawer support rail supports the right side of the sliding drawer . it is a track that helps the drawer slide open and closed with ease . if you are having trouble opening or closing your fresh food drawer , check the support rails for any blockage , or visible damage . if the rail is damaged , it should be replaced to ensure no further damage is done to the drawer itself . the repair is straightforward : unscrew and remove the existing support rail , then fasten the new rail in place . this genuine oem replacement part is made of plastic and is white in color . note : this part is sold separately from the left side drawer support rail .
you’ll love that our masterpiece blender quietly produces smooth , velvety results thanks to our powertilt® technology .
your home always looks its best and our new proswivel™ and ergorapido® petcare vacuums give you everything you need – whether you’re deep cleaning or quickly touching up .
we provide solutions for your commercial kitchen and commercial laundry . find out how you can change your business overnight .
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if you placed an order on urltoken the order is still valid and you can check on its status and make changes here on partselect . com . click here for more details .
this crisper cover front support is used to keep the crisper shelf in place , and may need replacing if the door will not open or close . this part can be used for the front support and mounts to the inside cabinet wall . replacing this part is an easy repair , and will require a small flat blade screwdriver , a putty knife , and a soft hammer . remove the crisper and shelf from the refrigerator before replacing the support . the crisper cover front support is held in place with a locking pin . to remove the old part , you will first need to push the pin into the interior of the cabinet using the screwdriver , and then you can pull the support out with a putty knife . after removing the pin and attaching the new support , simply use the soft hammer to lock the new pin in place .
support studs were broken used pliers to remove the residual broken stud that was still attached to the wall of the refrigerator , and then just pushed the new part in place . the longest time was spent in removing the food an . . . read more
this bake element is used in electric ovens and ranges . it can be found in the bottom of the appliance . it supplies the heat required for baking . if your element is no longer glowing red , or your oven is not heating properly while the bake feature is being used , the element might be faulty . it features push - on male terminals , which are 1 / 4 - inch high temperature spade connectors . the bake element is approximately 19 1 / 4 inches wide , and it measures approximately 15 inches deep from the front of the element to the bracket . it extends 3 1 / 2 inches past the bracket to the terminals . unplug your appliance before you begin this repair .
oven woudn ' t heat 1 . removed two screws , pulled out the element , voltage tested the element and determined it was an open circuit ( bad element ) . 2 . ordered the part from urltoken 3 . disconnected elem . . . read more
the retainer door shelf broke 3 years ago i just snapped the new shelves in place and ! voila ! i should ' ve done this years ago . . . . read more
door bins , also known as cantilever shelves , are storage bins located on the door of your refrigerator . over time , a cold refrigerator can cause plastic to become fragile and break down . this can lead to other issues in the refrigerator . a few issues that might arise that would require a repair are : the ice maker not producing ice , an unresponsive touchpad , leaking , loud noise , or issues with opening and closing the door . the repair is very easy and requires no tools . simply lift and wiggle the bin to remove it , line up the plastic mounts on the new bin , and snap them into place .
aged parts broken after sitting in a cold refrigerator for year after year , plastic becomes brittle and breaks . this is what started happening to my shelves and door bins . the problem a lot of times is getting the righ . . . read more
the door shelf retainer bar is also referred to as a refrigerator door rack . this piece is used as an attachment on the inside of your refrigerator door . the refrigerator door rack acts a shelf to hold small items in your fridge , such as condiments . this specific model is easy to replace as it is sold individually and snaps into place in your refrigerator without screws . when installing the door shelf retainer bar you will not need any tools . users ranked this installation as easy and it takes less than fifteen minutes to do .
door rack was broken pulled broke rack off , snapped new one in place . yeah ! ! no more broken jars on the floor . . . . read more
replacing the rear crisper support in your refrigerator is an easy job . this part is made from plastic and mounts on the inside of the wall . to complete this repair you will need a small putty knife , a punch or a short flat blade screwdriver , and a small hammer . you may need to replace your rear crisper support if you find that the door will not open or close . in order to complete this repair , you will need to remove all the shelves above the crisper in order to have ample room to work . it is also good to have duct tape on hand , which can be used to protect the liner around the support . this part is sold individually .
the water inlet valve releases water from the supply line when activated , and sends it through to the water dispenser and ice maker in your refrigerator . to make this repair you will need an adjustable wrench , a quarter inch nut driver , and a sharp utility knife . before you begin this repair make sure to disconnect the power supply to your refrigerator , as well as disconnect the inlet water supply from the back of the refrigerator . note that this part may appear different than the original , but is an authorized manufacturer replacement .
water leaking out of refrigerator in my specific appliance the water valve is located in the bottom right hand corner looking at it from the back . to get to it i remove the thin layer of cardboard the covers the back of the fridge . i . . . read more
broken refrigerator door shelves snapped right on and removed screws , insert and replace screws . . . . read more
defrost timers are part of the defrost circuit in your refrigerator and freezer . this timer cycles the defrost heater on and off . for every eight hours , the appliance timer will cycle for 30 minutes . the defrost heater is what melts the frost buildup on the evaporator coils , and it can prevent your freezer from frosting up . if your timer fails , the heater will not get the energy it needs to run , and frost will continue to build up . test the defrost thermostat and the defrost heater with a multi - meter . if they are in working order it is likely that the defrost timer is the faulty component of the circuit and needs to be replaced . before you begin this repair make sure the appliance has been unplugged .
fridge got warm and freezer coils were frosted fridge is a side by side . the freezer is pretty narrow for a guy with wide shoulders . pulled plug . had to remove bottom drawers then used nut driver to remove screws closest t . . . read more
the evaporator fan motor circulates air through the food compartment for efficient cooling in refrigerators . the evaporator is located in the back of the freezer and it circulates the air over the refrigerator coils . the evaporator motor fan in your refrigerator should be replaced if the fridge section is too warm , the freezer section is too warm , orthe evaporator motor makes loud noises or stops working completely . the tools used for this repair are a 1 / 4 nut driver and wire strippers . * please note : the motor has been updated by the manufacturer . tip to detect if motor is not working , often if it fails it generates loud noises in the freezer area . for safety , make sure food is safely stored so it does not deteriorate while the power is off , and remember to unplug fridge .
bottom of fridg . would not get cool . temp was 50 - 60degrees . the freezer compartment worked so i knew it was not the compressor . i removed the fan housing in the freezer section by removing all the screws . ( 7 ) there are two screws behind the vents . i did not have an ice maker to contend with so this was very easy . there is onl . . . read more
electrolux global brand licensing global brand licensing is a business unit within the electrolux group . we create business opportunities by licensing the group’s more than 50 brands
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every model has its own , specific solutions . if you go to a car mechanic they ' ll need to know the exact make and model of your car to find the right repair parts . appliances are the same . see this guide for help .
the bake element is located on the bottom of the oven cavity to supply heat for baking . the element terminals are male quarter inch spade connectors and have push - on wire terminals . if your oven is not heating evenly , the element will not heat , or there is little to no heat when baking , you may need to replace the element . this is a genuine oem bake element . please remember to disconnect the power to your oven before you start your repair . ?
this crisper cover support mounts to the inside of the cabinet wall to support the front crisper cover . the support is held in place by a locking pin . if your shelf is not level or the drawer is not opening and closing properly you may need to replace this part . this is a genuine oem part and is sold individually
this drawer slide rail is for the right - hand side of your refrigerator . this part attaches to the inside wall of your refrigerator to support the sliding crisper drawer . if the rail is broken or the drawer is not sliding properly , you will need to replace the slide rail . you will need a phillips screwdriver to complete this repair . this drawer slide rail is a genuine oem part .
when energized , the water inlet valve will release water from the supply line into the ice mold and the water dispenser in the refrigerator . if the ice maker is not making or dispensing ice , not dispensing water , or leaking , you may need to replace the water inlet valve . the water inlet valve is in the back section of your refrigerator and will need to be pulled out from the wall . make sure to disconnect both the water and power supply before starting your repair . note : this part may appear different than the original but is an authorized manufacturer replacement .
this rear crisper cover support mounts to the inside of the cabinet wall to support the rear crisper cover . the support is held in place by a locking pin . if your shelf is not level or the drawer is not opening and closing properly , you may need to replace this part . this is a genuine oem part and is sold individually .
the crisper pan , also known as a vegetable drawer , is used to store your vegetables and fruit at a humidity level that will help keep them fresh longer . the pan is clear and made of plastic . this is a genuine oem part .
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by 1968 , wci was operating from four basic divisions : machinery and equipment ; valves , controls and instrumentation ; sewing and knitting machinery ; and industrial supplies . the machinery and equipment group accounted for about 55 percent of wci ' s sales in 1967 , valves contributed roughly 20 percent of sales , and about 14 percent of sales came from the sewing division .
at that point , wci ranked third in appliances , behind general electric and whirlpool , who priced aggressively . unlike reddig , the new management at wci was willing to sell more actively and loosen the reigns on cost in order to compete . although an engineering staff was established , and wci stepped up its advertising budget , the company managed to avoid spending as much on ads as its competitors did , since it sold about half its appliances as private - label brands through the mass merchandisers . by the late 1970s , wci was a big - league manufacturer of major home appliances , but still not a household word . then , in 1979 , wci purchased general motor ' s frigidaire division for about $ 120 million ; the company ' s appliance business then boomed , and meant it was closing in on the competition .
wci bought the american tool company in 1980 . between 1975 and 1985 , its sales jumped from $ 1 . 2 billion to more than $ 2 billion . in fact , by 1983 , wci was the nation ' s third largest manufacturer of refrigerators , stoves , and air conditioners . the company ' s 84 plants were scattered across the continent , each run with basic autonomy . however , while appliances were profitable , sales weren ' t exploding and machine tools weren ' t doing well , so wci ' s management trio began hunting for a new business to add to the family . in 1983 , the company sold its sarco subsidiary , a textile machinery division , and closed its steel industry equipment unit .
while tackling this massive change , another dramatic change occurred . ab electrolux of sweden , the largest manufacturer of appliances in europe , needed to widen its place in the u . s . market . wci seemed the perfect ambassador . electrolux approached wci in 1986 , with what was then a very fair offer . after some minor disagreement , the merger took place . electrolux at that time had sales of $ 4 . 6 billion , and its only other holding in the united states was tappan , a maker of ranges and microwaves , acquired in 1979 .
after the takeover , wci was subjected to a bit of its own medicine , as the company was trimmed and unified , and made more efficient . underutilized plants were boarded up and product lines were enhanced , in a shift from the no - frills philosophy instilled by reddig . electrolux had become the world ' s largest maker of major appliances , with $ 9 billion in sales by 1987 . having been cash - strapped just before the transaction , wci benefited from the financial resources of its new parent .
principal subsidiaries : frigidaire company ; the eureka company ; schrock cabinet company ; american yard products ; poulan / weed eater ; americold ; baring industries ; beam industries ; challenge industries , inc . ; dimas ; dito dean food prep ; dometic corporation ; euroclean ; husqvarna forest & garden company ; the kent company ; partner industrial products ; richards - wilcox ; vws ; wascator manufacturing ; washex machinery company .
dupont , ted ,
fueled by its swedish parent , america ' s # 3 appliance maker is coming on strong ,
hfd , december 14 , 1987 , pp . 1 , 96 , 97 , 103 .
groseclose , everett ,
the road to the top : ed reddig is abrasive , profane and ruthless , but he gets results ,
the wall street journal , october 12 , 1971 , pp . 1 , 27 .
growing big by playing it tough ,
business week , august 3 , 1968 , pp . 106 - - 108 .
malester , jeff ,
wci melds 4 brands ' offices ,
hfd , july 1 , 1985 , pp . 1 , 95 , 96 .
one man ' s poison ,
forbes , january 15 , 1975 , pp . 30 , 31 .
rebuilding with imported wares ,
business week , may 23 , 1959 , pp . 50 - - 55 .
source : international directory of company histories , vol . 13 . st . james press , 1996 .
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historic pittsburgh is a collaborative effort from multiple institutions in the greater pittsburgh region and is hosted by the university of pittsburgh’s library system .
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in 1912 , electrolux launched its first vacuum cleaner – lux i . today the company sells more than 60 million products to customers in more than 150 markets every year .
1919 : elektromekaniska ab merged with swedish ab lux , and aktiebolaget electrolux was established . electrolux led the development of the modern canister - type vacuum cleaner and the absorption refrigerator during the early part of the 20th century .
1928 : electrolux was introduced on the london stock exchange . the group had five plants , approximately twenty subsidiaries and 250 offices throughout the world and a total turnover of sek 70 million .
1930 : electrolux was listed on the stockholm stock exchange . in 1987 , trading of american depositary receipts , adrs , representing electrolux b - shares started on the nasdaq national market .
in march 2010 , electrolux was delisted from the london stock exchange ( lse ) . following the delisting , all trading in electrolux shares is concentrated towards the nasdaq omx nordic market in stockholm . the lse listing was part of a strategy to increase international ownership in electrolux . however , this listing was no longer deemed necessary due to deregulation of international capital markets and the increased foreign ownership of shares on the nasdaq omx stockholm .
1933 : vacuum cleaner production began in old greenwich , connecticut , usa , and the first air - cooled refrigerator was produced .
1984 : italian company zanussi , including subsidiaries in spain , was acquired , making electrolux a leader in the european household appliances market and in the food service equipment market .
1986 - 89 : the outdoor products business area expanded with the 1986 acquisition of the us company poulan / weed eater and the 1989 acquisition of the outdoor power products business of the roper corporation .
2000 : electrolux ab re - acquired the trademark and company name “electrolux” in north america , and thereby gained global control of the company name and the group’s most important brand .
2001 - 02 : the household division of the australian company email ltd , was acquired in 2001 . during 2001 - 02 two restructuring programs were implemented throughout the group , with divestments of non - core business , productivity improving measures , cost cutting , consolidation of production , rationalization of sales and marketing , write - downs of assets and personnel cutbacks .
in february 2005 , the board of electrolux decided that the group´s outdoor products operation would be spun off as a separate company and distributed to electrolux shareholders . at the 2006 agm , it was decided that all shares in the wholly owned subsidiary husqvarna ab should be distributed , and that each share in ab electrolux entitled the owner to one share in husqvarna ab . owners of series a shares in ab electrolux received series a shares in husqvarna ab , and owners of series b shares received series b shares in husqvarna ab . the last trading day of the electrolux - share including entitlement to dividend of shares in husqvarna ab was june 7 , 2006 .
the group continued efforts to transform electrolux into an innovative , consumer - focused company . comprehensive launches of new products under the electrolux brand were implemented in europe in 2007 and the us during 2008 . plant closures and cutbacks were initiated and manufacturing was relocated to eastern europe , south - east asia and mexico .
in 2011 electrolux completed the acquisitions of olympic group and compañia tecno industrial s . a ( cti ) . olympic group is a leading manufacturer of appliances in the middle east . the electrolux acquisition of cti made electrolux the largest supplier of appliances in chile and argentina , and further enhanced electrolux position as a leading appliance company in the fast - growing latin american market .
2014 - 2017 : electrolux made several acquisitions to strengthen the product offering and drive growth in new markets and segments in north america , south africa , europe , latin america , australia and asia .
highlights of the first quarter of 2018 . net sales amounted to sek 27 , 906m ( 28 , 201 ) . sales growth was 3 . 3 % , while currency translation had a negative impact of 4 . 4 %
highlights of the first quarter of 2018 . net sales amounted to sek 27 , 906m ( 28 , 201 ) . sales growth was 3 . 3 % , while currency translation had a negative impact of 4 . 4 % .
den svenska versionen av den här webbplatsen är inte en komplett kopia av den engelska versionen . vill du ha en fullständig överblick av electrolux bör du använda den engelska versionen .
electrolux global brand licensing offers both experience and a portfolio of well established brands , all over the world . a partnership with us is a long term business relationship , with tailor made solutions and a quick to market approach .
electrolux is a global leader in household appliances and appliances for professional use , selling more than 60 million products to customers in more than 150 markets every year . we offer thoughtfully designed , innovative and sustainable solutions , under esteemed brands including electrolux , aeg , zanussi and frigidaire .
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and without warranty of any kind , either express or implied , including , but not limited to , the implied warranties of merchantability , fitness for a particular purpose , or non - infringement .
was originally opened in 1979 , offering parts and service only . it was purchased by the current ownership in 1983 and became a
full service
major appliance dealer , offering parts , new appliances , and factory trained service .
american a / c & appliance co . is a privately owned business with one location in stillwater , ok
in 1988 we relocated to our present location to offer . . . . .
computers have played a major roll in our business . we were the first appliance store in the state of oklahoma to order whirlpool , kitchen aid , & roper appliances via computer .
we were also the first appliance store in the midwest to go online with our parts distributor to order parts via computer .
all of our customers , ( since 1991 ) are listed in our computers , showing any service work preformed , or appliances purchased .
in 1881 , w . j . tappan formed the ohio valley company , which manufactured cast iron stoves in bellaire , ohio . the ohio valley company was the precursor of the tappan stove company . w . j . tappan routinely traveled through the ohio countryside , selling his stoves from the back of a wagon . unfortunately for tappan , most people could not afford the stoves , so tappan commonly accepted a combination of cash and farm produce as payment .
tappan ' s business grew slowly , primarily due to too small of a market . unfortunately for tappan , a fire struck the ohio valley company , destroying the entire production facility . undaunted , tappan relocated his company to mansfield , ohio , and renamed the firm the eclipse stove company . tappan ' s father , who was an amateur astronomer , suggested the name after traveling to siberia to view a comet . now located in a more populous area of ohio , the company grew quickly . by 1920 , the firm began to sell stoves in illinois , where another eclipse stove company , which was not affiliated with tappan ' s company , was in operation . to distinguish the two companies , ohio ' s eclipse stove company became known as the tappan stove company .
throughout the remainder of the twentieth century , the tappan stove company became known for its innovative products . during the 1930s , the tappan stove company introduced the first porcelain enameled stove , a stove with rounded corners , and the insulated oven . the company also invented the
see through
oven door . during world war ii , the united states military used tappan stoves to feed men in the armed forces . tappan had manufactured a stove with wheels for the military ' s use , making it mobile .
during the 1940s , w . j . tappan retired from the tappan stove company , leaving his son , a . p . tappan , in charge of the company . a . p . ' s son , w . r . tappan , assumed control of the business during the early 1950s . under his leadership , the company experienced its greatest growth . in 1955 , the tappan stove company manufactured the first microwave oven for home use . the raytheon company had introduced microwave ovens in 1947 , but these ovens were as large as a refrigerator and were too expensive for home use . at raytheon ' s request , the tappan stove company sought to reduce the size and cost of microwave ovens in 1952 . tappan ' s 1955 microwave was just twenty - four inches wide and retailed for 1 , 200 dollars . in 1965 , the company manufactured the first combination conventional range and microwave oven , further boosting sales .
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constitution avenue , nw between 12th and 14th streets washington , d . c .
the story of electrolux started when axel wenner - gren , a swedish businessman , redesigned a bulky vacuum cleaner and then created an entirely new way of selling : door to door . from this new method , wenner - gren not only built a successful company , eventually called electrolux , but also determined that company’s guiding principle : consumer insight .
salesmen were trained to listen to consumers’ concerns , their needs , and bring the information back to the designers . ever since , electrolux has continued to let consumer insight guide its product development . the result is a global manufacturer whose success has been rooted in provinding unparalleled consumer experiences through offering revolutionary and relevant products with innovative designs . the spirit of being a thoughtful design innovator pervades every decision of this parent brand . thus , the use of the brand name in licensing will be more carefully scrutinized than any other in the portfolio . having said that , the potential for this power brand is limitless .
today , electrolux is not only a vacuum cleaner company - but one of the world´s largest appliances compaines with sales in more than 150 markets .
are you interested in licensing a corporate brand for your product ? contact us to discover the opportunities of becoming a brand partner .