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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]
Dawlance; H. 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 ...
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 ...
In 2017, Arçelik acquired Pakistan’s Dawlance for $243M. [24] 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 ...
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]
In 2007, a refrigerator/freezer factory was opened and the cornerstone laid for a washing machine factory in Saint Petersburg, Russia, and for a washing machine factory in Nanjing, China. In 2009, washing machine production started up in Nanjing and BSH Home Appliances Private Limited was founded in Mumbai, India.
26 March - 6 killed (including one paramilitary soldier) in a militant attack on Pakistan naval airbase. [14] 26 March - Five Chinese nationals killed in suicide bomb attack in Pakistan. [15] 30 March – One person killed and 14 others, including three soldiers, are injured in a bomb attack in Harnai District, Balochistan. [16]
The 2022–23 Federal Budget of Pakistan was presented on 10 June 2022 by Finance Minister Miftah Ismail, with Rs 9.5 trillion budgeted for expenditure in financial year 2022–2023, which was nearly a trillion higher than the previous financial year.