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In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
Dawlance was founded in 1980 by Bashir Dawood, a member of Dawood family, as a manufacturer of refrigerators. [5] In 1988, the company expanded its product line by introducing deep freezers. [5] In the mid-1990s, Dawlance began manufacturing air conditioners, microwave ovens, washing machines and water dispensers in Pakistan. [5]
In 2017, Arçelik acquired Pakistan’s Dawlance for $243M. [25] In 2017, Arçelik and Tata Group has announced a new partnership. Arçelik and Voltas will form a joint-venture in India named Voltbek Home Appliances Ltd. This entity will provide manufacturing, sales, and after-sales services for VoltasBeko branded home appliances (refrigerators ...
Haier Pakistan; P. PEL (company) This page was last edited on 7 April 2011, at 11:53 (UTC). Text is available under the Creative Commons Attribution ...
Johnson Controls Hitachi AC Limited is a Japanese multinational air conditioning manufacturing company that manufactures home appliances and specialises in air conditioning and cooling technology. The company was incorporated on 1 October 2015 in Tokyo, as a Joint Venture between Johnson Controls and Hitachi Appliances .
Hitachi, Ltd. [nb 1] (Japanese pronunciation: [çi̥taꜜtɕi]) is a Japanese multinational conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo.The company is active in a range of industries, including digital systems, power and renewable energy, railway systems, healthcare products, and financial systems. [4]
Hannah Yasharoff, USA TODAY. February 2, 2025 at 7:01 AM. If you're over the age of 60, ...
Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.