Midea

Latest news and articles about Midea from NEX English

Electrolux Announces $1 Billion Rights Issue and New Partnership

Swedish company Electrolux has announced a rights issue worth <strong>9 billion Swedish Krona</strong> (approximately <strong>$976.34 million</strong>) alongside a new partnership with China's Midea Group in North America. This initiative aims to restructure the company's operations and enhance its competitive edge.

Midea unveils innovative building technology solutions at MCE 2026

Midea Building Technology (MBT) announced the launch of three innovative solutions at the MCE 2026 exhibition in Milan, including the V9 VRF system and a range of R290 heat pumps. These innovations reflect the company's commitment to enhancing the use of environmentally friendly refrigerants and energy-saving technologies.