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Gorenje: Corporate History, Product Evolution, and Market Presence

At a Glance

Title: Gorenje: Corporate History, Product Evolution, and Market Presence

Total Categories: 7

Category Stats

  • Founding and Early Operations (1950-1969): 5 flashcards, 8 questions
  • Product Diversification and European Market Expansion (1970s-1980s): 4 flashcards, 5 questions
  • Strategic Growth and Design Focus (1990s-2000s): 9 flashcards, 12 questions
  • Ownership Changes and Global Integration (2010s-Present): 10 flashcards, 12 questions
  • Corporate Finance and Legal Structure: 4 flashcards, 10 questions
  • Business Operations: Aviation and Sponsorships: 10 flashcards, 16 questions
  • Brand Identity and Market Position: 8 flashcards, 15 questions

Total Stats

  • Total Flashcards: 50
  • True/False Questions: 42
  • Multiple Choice Questions: 36
  • Total Questions: 78

Instructions

Click the button to expand the instructions for how to use the Wiki2Web Teacher studio in order to print, edit, and export data about Gorenje: Corporate History, Product Evolution, and Market Presence

Welcome to Your Curriculum Command Center

This guide will turn you into a Wiki2web Studio power user. Let's unlock the features designed to give you back your weekends.

The Core Concept: What is a "Kit"?

Think of a Kit as your all-in-one digital lesson plan. It's a single, portable file that contains every piece of content for a topic: your subject categories, a central image, all your flashcards, and all your questions. The true power of the Studio is speed—once a kit is made (or you import one), you are just minutes away from printing an entire set of coursework.

Getting Started is Simple:

  • Create New Kit: Start with a clean slate. Perfect for a brand-new lesson idea.
  • Import & Edit Existing Kit: Load a .json kit file from your computer to continue your work or to modify a kit created by a colleague.
  • Restore Session: The Studio automatically saves your progress in your browser. If you get interrupted, you can restore your unsaved work with one click.

Step 1: Laying the Foundation (The Authoring Tools)

This is where you build the core knowledge of your Kit. Use the left-side navigation panel to switch between these powerful authoring modules.

⚙️ Kit Manager: Your Kit's Identity

This is the high-level control panel for your project.

  • Kit Name: Give your Kit a clear title. This will appear on all your printed materials.
  • Master Image: Upload a custom cover image for your Kit. This is essential for giving your content a professional visual identity, and it's used as the main graphic when you export your Kit as an interactive game.
  • Topics: Create the structure for your lesson. Add topics like "Chapter 1," "Vocabulary," or "Key Formulas." All flashcards and questions will be organized under these topics.

🃏 Flashcard Author: Building the Knowledge Blocks

Flashcards are the fundamental concepts of your Kit. Create them here to define terms, list facts, or pose simple questions.

  • Click "➕ Add New Flashcard" to open the editor.
  • Fill in the term/question and the definition/answer.
  • Assign the flashcard to one of your pre-defined topics.
  • To edit or remove a flashcard, simply use the ✏️ (Edit) or ❌ (Delete) icons next to any entry in the list.

✍️ Question Author: Assessing Understanding

Create a bank of questions to test knowledge. These questions are the engine for your worksheets and exams.

  • Click "➕ Add New Question".
  • Choose a Type: True/False for quick checks or Multiple Choice for more complex assessments.
  • To edit an existing question, click the ✏️ icon. You can change the question text, options, correct answer, and explanation at any time.
  • The Explanation field is a powerful tool: the text you enter here will automatically appear on the teacher's answer key and on the Smart Study Guide, providing instant feedback.

🔗 Intelligent Mapper: The Smart Connection

This is the secret sauce of the Studio. The Mapper transforms your content from a simple list into an interconnected web of knowledge, automating the creation of amazing study guides.

  • Step 1: Select a question from the list on the left.
  • Step 2: In the right panel, click on every flashcard that contains a concept required to answer that question. They will turn green, indicating a successful link.
  • The Payoff: When you generate a Smart Study Guide, these linked flashcards will automatically appear under each question as "Related Concepts."

Step 2: The Magic (The Generator Suite)

You've built your content. Now, with a few clicks, turn it into a full suite of professional, ready-to-use materials. What used to take hours of formatting and copying-and-pasting can now be done in seconds.

🎓 Smart Study Guide Maker

Instantly create the ultimate review document. It combines your questions, the correct answers, your detailed explanations, and all the "Related Concepts" you linked in the Mapper into one cohesive, printable guide.

📝 Worksheet & 📄 Exam Builder

Generate unique assessments every time. The questions and multiple-choice options are randomized automatically. Simply select your topics, choose how many questions you need, and generate:

  • A Student Version, clean and ready for quizzing.
  • A Teacher Version, complete with a detailed answer key and the explanations you wrote.

🖨️ Flashcard Printer

Forget wrestling with table layouts in a word processor. Select a topic, choose a cards-per-page layout, and instantly generate perfectly formatted, print-ready flashcard sheets.

Step 3: Saving and Collaborating

  • 💾 Export & Save Kit: This is your primary save function. It downloads the entire Kit (content, images, and all) to your computer as a single .json file. Use this to create permanent backups and share your work with others.
  • ➕ Import & Merge Kit: Combine your work. You can merge a colleague's Kit into your own or combine two of your lessons into a larger review Kit.

You're now ready to reclaim your time.

You're not just a teacher; you're a curriculum designer, and this is your Studio.

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Text content is available under the Creative Commons Attribution-ShareAlike 4.0 License (opens in new tab). Additional terms may apply.

Disclaimer: This website is for informational purposes only and does not constitute any kind of advice. The information is not a substitute for consulting official sources or records or seeking advice from qualified professionals.


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Study Guide: Gorenje: Corporate History, Product Evolution, and Market Presence

Study Guide: Gorenje: Corporate History, Product Evolution, and Market Presence

Founding and Early Operations (1950-1969)

Gorenje was established in 1950 by Ivan Atelšek, deriving its name from the village where it was initially established.

Answer: True

The statement is accurate. Gorenje was established in 1950 by Ivan Atelšek, and its name originates from the village of Gorenje, which was its initial location.

Related Concepts:

  • Please specify the founding year of Gorenje and identify its founder.: Gorenje was established in 1950 by Ivan Atelšek. The company's nomenclature is derived from the village where it was initially situated.

Gorenje's initial product upon establishment was agricultural machinery.

Answer: True

The statement is accurate. Upon its establishment by the Yugoslavian government in 1950, Gorenje's principal product was agricultural machinery.

Related Concepts:

  • What was the primary product manufactured by Gorenje at the time of its establishment?: Upon its establishment by the Yugoslavian government in 1950, Gorenje's principal product was agricultural machinery, reflecting the industrial priorities of that era.

Gorenje began producing washing machines in 1958 under license from Zanussi.

Answer: False

This statement is factually incorrect. Gorenje commenced the production of washing machines under license from Zanussi in 1965, not 1958.

Related Concepts:

  • Describe Gorenje's entry into the washing machine market and the nature of its initial licensing agreement.: Gorenje commenced production of washing machines in 1965 under a license agreement with the Italian manufacturer Zanussi. The inaugural model, the PS 270, was essentially a re-badged Zanussi unit, with all components initially imported from Italy.

Gorenje's first export shipment in 1961 was directed to France.

Answer: False

Gorenje's inaugural export shipment in 1961 was sent to Germany, not France.

Related Concepts:

  • What was Gorenje's first export activity, and to which country?: Gorenje's inaugural export shipment in 1961 was directed to Germany, comprising 200 cookers.

Gorenje entered the washing machine market by producing models under license from the Italian manufacturer Zanussi.

Answer: True

Gorenje commenced production of washing machines in 1965 under a license agreement with the Italian manufacturer Zanussi.

Related Concepts:

  • Describe Gorenje's entry into the washing machine market and the nature of its initial licensing agreement.: Gorenje commenced production of washing machines in 1965 under a license agreement with the Italian manufacturer Zanussi. The inaugural model, the PS 270, was essentially a re-badged Zanussi unit, with all components initially imported from Italy.

What was Gorenje's initial product when it was founded in 1950?

Answer: Agricultural machinery

Upon its establishment by the Yugoslavian government in 1950, Gorenje's principal product was agricultural machinery.

Related Concepts:

  • Please specify the founding year of Gorenje and identify its founder.: Gorenje was established in 1950 by Ivan Atelšek. The company's nomenclature is derived from the village where it was initially situated.
  • What was the primary product manufactured by Gorenje at the time of its establishment?: Upon its establishment by the Yugoslavian government in 1950, Gorenje's principal product was agricultural machinery, reflecting the industrial priorities of that era.

In which year did Gorenje make its first export shipment, sending 200 cookers to Germany?

Answer: 1961

Gorenje's inaugural export shipment in 1961 was directed to Germany, comprising 200 cookers.

Related Concepts:

  • What was Gorenje's first export activity, and to which country?: Gorenje's inaugural export shipment in 1961 was directed to Germany, comprising 200 cookers.

Gorenje began producing washing machines in 1965 under license from which manufacturer?

Answer: Zanussi

Gorenje commenced production of washing machines in 1965 under a license agreement with the Italian manufacturer Zanussi.

Related Concepts:

  • Describe Gorenje's entry into the washing machine market and the nature of its initial licensing agreement.: Gorenje commenced production of washing machines in 1965 under a license agreement with the Italian manufacturer Zanussi. The inaugural model, the PS 270, was essentially a re-badged Zanussi unit, with all components initially imported from Italy.

Product Diversification and European Market Expansion (1970s-1980s)

During the 1970s, Gorenje expanded its product range to encompass telecommunications devices and television sets.

Answer: True

Throughout the 1970s, Gorenje significantly broadened its product offerings beyond appliances, venturing into the manufacturing of telecommunications devices and television sets.

Related Concepts:

  • Which product categories did Gorenje incorporate into its portfolio during the 1970s?: Throughout the 1970s, Gorenje significantly broadened its product offerings beyond appliances, venturing into the manufacturing of ceramics, kitchen and bathroom furniture, medical equipment, telecommunications devices, and television sets.

Gorenje acquired the German appliance manufacturer Kärting in 1978.

Answer: True

In 1978, Gorenje expanded its European presence through the acquisition of the German manufacturer Kärting.

Related Concepts:

  • Identify the German appliance manufacturer acquired by Gorenje in 1978.: In 1978, Gorenje expanded its European presence through the acquisition of the German manufacturer Kärting.

In the 1980s, Gorenje shifted its strategic focus away from domestic appliances to concentrate on industrial machinery.

Answer: False

During the 1980s, Gorenje strategically refined its focus, concentrating primarily on the production of domestic appliances, rather than shifting to industrial machinery.

Related Concepts:

  • What strategic redirection did Gorenje pursue during the 1980s?: During the 1980s, Gorenje strategically refined its focus, concentrating primarily on the production of domestic appliances and simultaneously expanding its export markets into the United Kingdom and the United States.

Which German appliance manufacturer did Gorenje acquire in 1978?

Answer: Kärting

In 1978, Gorenje expanded its European presence through the acquisition of the German manufacturer Kärting.

Related Concepts:

  • Identify the German appliance manufacturer acquired by Gorenje in 1978.: In 1978, Gorenje expanded its European presence through the acquisition of the German manufacturer Kärting.

What strategic shift did Gorenje undertake in the 1980s?

Answer: Focused primarily on domestic appliances and expanded export markets.

During the 1980s, Gorenje strategically refined its focus, concentrating primarily on the production of domestic appliances and simultaneously expanding its export markets into the United Kingdom and the United States.

Related Concepts:

  • What strategic redirection did Gorenje pursue during the 1980s?: During the 1980s, Gorenje strategically refined its focus, concentrating primarily on the production of domestic appliances and simultaneously expanding its export markets into the United Kingdom and the United States.

Strategic Growth and Design Focus (1990s-2000s)

Gorenje has consistently refrained from collaborating with external designers on its appliance collections.

Answer: False

This assertion is incorrect. Gorenje has actively collaborated with renowned design studios and individuals, such as Swarovski, Pininfarina, and Karim Rashid, to enhance its product aesthetics.

Related Concepts:

  • Which major international companies has Gorenje collaborated with on product design?: Gorenje has collaborated with renowned design studios and individuals, such as Swarovski, Pininfarina, and Karim Rashid, to enhance its product aesthetics.

In 1993, the small household appliance factory in Nazarje was acquired by Siemens.

Answer: False

In 1993, the Bosch company assumed control of Gorenje's small household appliance manufacturing facility situated in Nazarje, Slovenia, not Siemens.

Related Concepts:

  • What pivotal event transpired concerning Gorenje's small household appliance factory in Nazarje in 1993?: In 1993, the Bosch company assumed control of Gorenje's small household appliance manufacturing facility situated in Nazarje, Slovenia, marking a divestiture of that particular business unit.

Gorenje transitioned to a publicly traded company in 1997.

Answer: True

Gorenje achieved the status of a publicly traded joint stock company in 1997, facilitating enhanced access to capital markets.

Related Concepts:

  • In what year did Gorenje transition to a publicly traded corporate structure?: Gorenje achieved the status of a publicly traded joint stock company in 1997, facilitating enhanced access to capital markets.

Gorenje's PremiumTouch line, launched in 2004, featured a touch screen interface and a high spin speed of 2000 RPM.

Answer: True

The PremiumTouch line, comprising washing machines and dryers launched in 2004, incorporated advanced user interface elements, including a touch screen interface and a high spin speed capability of 2000 RPM.

Related Concepts:

  • What innovative features characterized Gorenje's PremiumTouch line when it was introduced in 2004?: The PremiumTouch line, comprising washing machines and dryers launched in 2004, incorporated advanced user interface elements, including a touch screen interface, an electronic drawer system, and a high spin speed capability of 2000 RPM, all designed to elevate user experience and operational performance.

In 2005, Gorenje acquired the Polish manufacturer Amica.

Answer: False

In 2005, Gorenje acquired Mora Moravia, a Czech manufacturer specializing in kitchen ranges, not the Polish manufacturer Amica.

Related Concepts:

  • Identify the Czech manufacturer acquired by Gorenje in 2005 and specify its primary product category.: In 2005, Gorenje completed the acquisition of Mora Moravia, a Czech enterprise specializing in the production of kitchen ranges, thereby augmenting Gorenje's portfolio within the cooking appliance sector.

Gorenje unveiled its 'Made for iPod' fridge-freezer at the Consumer Electronics Show (CES) in 2008.

Answer: False

This assertion is false. While Gorenje did unveil its 'Gorenje "Made for iPod."' fridge-freezer, this event occurred at the Internationale Funkausstellung Berlin in 2008, not at CES.

Related Concepts:

  • What distinctive product did Gorenje unveil in 2008, and at which major exhibition?: In 2008, Gorenje presented its innovative 'Gorenje "Made for iPod."' fridge-freezer at the Internationale Funkausstellung Berlin. This product exemplified Gorenje's strategy of integrating contemporary consumer electronics trends into its home appliance offerings.

What significant event occurred regarding Gorenje's small household appliance factory in Nazarje in 1993?

Answer: It was taken over by Bosch.

In 1993, the Bosch company assumed control of Gorenje's small household appliance manufacturing facility situated in Nazarje, Slovenia.

Related Concepts:

  • What pivotal event transpired concerning Gorenje's small household appliance factory in Nazarje in 1993?: In 1993, the Bosch company assumed control of Gorenje's small household appliance manufacturing facility situated in Nazarje, Slovenia, marking a divestiture of that particular business unit.

Gorenje intensified its focus on design in the 2000s, launching its first collection designed by which Italian studio in 2000?

Answer: Pininfarina

The 2000s saw Gorenje intensify its commitment to design excellence, including the launch of its inaugural appliance collection designed by the esteemed Italian studio Pininfarina in 2000.

Related Concepts:

  • What was particularly noteworthy regarding Gorenje's appliance design collaborations during the 2000s?: The 2000s saw Gorenje intensify its commitment to design excellence. This period included the launch of its inaugural appliance collection, designed by the esteemed Italian studio Pininfarina in 2000, followed by subsequent collaborations such as the Gorenje Pininfarina and Gorenje Ora-ïto collections, all emphasizing premium aesthetic qualities.

Which of the following features was introduced with Gorenje's PremiumTouch line in 2004?

Answer: A touch screen interface

The PremiumTouch line, comprising washing machines and dryers launched in 2004, incorporated advanced user interface elements, including a touch screen interface.

Related Concepts:

  • What innovative features characterized Gorenje's PremiumTouch line when it was introduced in 2004?: The PremiumTouch line, comprising washing machines and dryers launched in 2004, incorporated advanced user interface elements, including a touch screen interface, an electronic drawer system, and a high spin speed capability of 2000 RPM, all designed to elevate user experience and operational performance.

In 2005, Gorenje acquired Mora Moravia, a manufacturer specializing in what type of products?

Answer: Kitchen ranges

In 2005, Gorenje acquired Mora Moravia, a Czech enterprise specializing in the production of kitchen ranges.

Related Concepts:

  • Identify the Czech manufacturer acquired by Gorenje in 2005 and specify its primary product category.: In 2005, Gorenje completed the acquisition of Mora Moravia, a Czech enterprise specializing in the production of kitchen ranges, thereby augmenting Gorenje's portfolio within the cooking appliance sector.

What unique product did Gorenje unveil in 2008, highlighting integration with consumer electronics?

Answer: A fridge-freezer named 'Gorenje "Made for iPod."'

In 2008, Gorenje presented its innovative 'Gorenje "Made for iPod."' fridge-freezer, exemplifying its strategy of integrating contemporary consumer electronics trends into home appliances.

Related Concepts:

  • What distinctive product did Gorenje unveil in 2008, and at which major exhibition?: In 2008, Gorenje presented its innovative 'Gorenje "Made for iPod."' fridge-freezer at the Internationale Funkausstellung Berlin. This product exemplified Gorenje's strategy of integrating contemporary consumer electronics trends into its home appliance offerings.

The Gorenje 'Made for iPod' fridge-freezer was designed to integrate with Apple's iPod devices.

Answer: True

The Gorenje 'Made for iPod' fridge-freezer, unveiled in 2008, was specifically designed to integrate with Apple's iPod devices, likely offering features such as music playback or device charging.

Related Concepts:

  • What was the purpose of the Gorenje 'Made for iPod' fridge-freezer?: The Gorenje 'Made for iPod' fridge-freezer, unveiled in 2008, was specifically designed to integrate with Apple's iPod devices, likely offering features such as music playback or device charging.

Ownership Changes and Global Integration (2010s-Present)

Gorenje's products and services are accessible in over 90 countries worldwide, with a pronounced emphasis on the European market.

Answer: True

The statement accurately reflects Gorenje's extensive global reach, with its products and services available in more than 90 countries, primarily targeting the European market.

Related Concepts:

  • In how many countries are Gorenje's products and services available?: Gorenje's products and services reach consumers and businesses in over 90 countries worldwide, with a primary focus on the European market. This extensive reach highlights its global operations.

In 2018, the Chinese company Hisense acquired a majority stake in the Gorenje Group.

Answer: True

The statement is accurate. Hisense, a Chinese corporation, acquired a majority stake in the Gorenje Group in June 2018.

Related Concepts:

  • Who acquired a majority stake in the Gorenje Group, and when?: In June 2018, the Chinese conglomerate Hisense successfully acquired a majority stake in the Gorenje Group, purchasing 95.42% of its shares. This transaction represented a significant alteration in the company's ownership structure.

The Swedish appliance manufacturer Asko Appliances was acquired by Gorenje in 2010.

Answer: True

In 2010, Gorenje expanded its international market presence by acquiring the Swedish appliance manufacturer, Asko Appliances.

Related Concepts:

  • Which Swedish appliance manufacturer did Gorenje acquire in 2010?: In 2010, Gorenje expanded its international market presence by acquiring the Swedish appliance manufacturer, Asko Appliances.

In 2013, Gorenje sold a significant stake to the Japanese firm Panasonic, which intended to take over the company.

Answer: False

In 2013, Gorenje divested a 13% equity stake to Panasonic, but this was framed as a partnership intended to foster collaboration, not an outright intention for Panasonic to take over the company.

Related Concepts:

  • Describe the nature of the partnership established between Gorenje and Panasonic in 2013.: In 2013, Gorenje divested a 13% equity stake to the Japanese firm Panasonic for approximately €10 million. This strategic alliance was intended to foster collaborative ventures, although it encountered subsequent challenges.

Trading in Gorenje shares was suspended in November 2016 due to Panasonic's decision not to proceed with a takeover.

Answer: True

The suspension of Gorenje shares on the Ljubljana Stock Exchange for three days in November 2016 was triggered by Panasonic's declaration that it would not proceed with the planned acquisition of the company.

Related Concepts:

  • What specific event precipitated the suspension of trading for Gorenje shares in November 2016?: The suspension of Gorenje shares on the Ljubljana Stock Exchange for three days in November 2016 was triggered by Panasonic's declaration that it would not proceed with the planned acquisition of the company, which subsequently led to a notable decline in share value.

During the Hisense takeover in 2018, Gorenje was valued at approximately 293 million euros.

Answer: True

During the takeover bid by Hisense in June 2018, Gorenje was valued at approximately €293 million.

Related Concepts:

  • What was the assessed valuation of Gorenje during the takeover process initiated by Hisense in 2018?: During the takeover bid by Hisense in June 2018, Gorenje was valued at approximately €293 million. A total of 5,165 shareholders accepted Hisense's offer of €12 per share.

In 2020, Hisense Europe Electronic announced plans for Gorenje to produce washing machines for the European market.

Answer: False

This statement is inaccurate. In 2020, Hisense Europe Electronic announced plans for Gorenje to produce televisions for the European market, not washing machines.

Related Concepts:

  • What new production initiative did Hisense Europe Electronic announce in 2020 concerning Gorenje's operations?: In 2020, Hisense Europe Electronic declared its intention for Gorenje to commence the production of televisions destined for the European market. This manufacturing was slated to occur within a new facility adjacent to Velenje, signifying an integration of production capabilities.

Gorenje has ceased all operations in Russia following the 2022 invasion of Ukraine.

Answer: False

This statement is incorrect. Gorenje has continued its operations in Russia, a decision that has drawn criticism.

Related Concepts:

  • What is Gorenje's publicly stated position regarding the continuation of its operations in Russia amidst prevailing international sanctions?: Gorenje has maintained its operational presence in Russia, notwithstanding the imposition of international sanctions and calls for corporate withdrawal following the 2022 Russian invasion of Ukraine. This stance has elicited considerable criticism.

Who acquired a majority stake in the Gorenje Group in June 2018?

Answer: Hisense

In June 2018, the Chinese conglomerate Hisense successfully acquired a majority stake in the Gorenje Group.

Related Concepts:

  • Who acquired a majority stake in the Gorenje Group, and when?: In June 2018, the Chinese conglomerate Hisense successfully acquired a majority stake in the Gorenje Group, purchasing 95.42% of its shares. This transaction represented a significant alteration in the company's ownership structure.

What was the approximate valuation of Gorenje during the Hisense takeover in 2018?

Answer: 293 million euros

During the takeover bid by Hisense in June 2018, Gorenje was valued at approximately €293 million.

Related Concepts:

  • What was the assessed valuation of Gorenje during the takeover process initiated by Hisense in 2018?: During the takeover bid by Hisense in June 2018, Gorenje was valued at approximately €293 million. A total of 5,165 shareholders accepted Hisense's offer of €12 per share.

In 2020, Hisense Europe Electronic announced plans for Gorenje to produce which product for the European market?

Answer: Televisions

In 2020, Hisense Europe Electronic announced plans for Gorenje to produce televisions for the European market.

Related Concepts:

  • What new production initiative did Hisense Europe Electronic announce in 2020 concerning Gorenje's operations?: In 2020, Hisense Europe Electronic declared its intention for Gorenje to commence the production of televisions destined for the European market. This manufacturing was slated to occur within a new facility adjacent to Velenje, signifying an integration of production capabilities.

Gorenje's decision to continue operations in Russia has drawn criticism primarily because:

Answer: It potentially supports the Russian economy and war efforts.

The primary reason for criticism is that Gorenje's continued operations in Russia are perceived as potentially supporting the Russian economy and its war efforts. Additionally, its products being listed under 'parallel imports' undermines intellectual property rights.

Related Concepts:

  • What specific criticisms have been leveled against Gorenje concerning its continued business activities in Russia?: Critics contend that Gorenje's ongoing operations in Russia contribute to the local economy, thereby indirectly bolstering the Russian government's war efforts. Furthermore, the inclusion of Gorenje products on Russia's 'parallel imports' list is seen as undermining the company's intellectual property rights.

Corporate Finance and Legal Structure

In 2019, Gorenje reported a negative operating income, indicating:

Answer: A substantial operating loss.

A negative operating income in 2019 indicates a substantial operating loss for Gorenje during that fiscal year. The company reported an operating income of -€44,588,000.

Related Concepts:

  • What were the operating income and net income for Gorenje in 2019?: Gorenje reported an operating income of -€44,588,000 and a net income of -€56,042,000 in 2019, indicating a net loss for that fiscal year.

Gorenje's total equity was reported as €245 million in which year?

Answer: 2018

Gorenje's total equity was reported as €245 million in the year 2018.

Related Concepts:

  • What were Gorenje's total assets and total equity in 2018?: In 2018, Gorenje reported total assets amounting to €1.061 billion and total equity of €245 million. These financial figures provide a snapshot of the company's balance sheet at that time.

Gorenje officially changed its legal structure to a limited liability company ('d.o.o.') in March 2019.

Answer: True

Gorenje was transformed into a limited liability company, designated as 'd.o.o.', in March 2019, reflecting a common corporate restructuring practice.

Related Concepts:

The 'd.o.o.' designation signifies that Gorenje is a public limited company.

Answer: False

The 'd.o.o.' designation is the Slovenian abbreviation for 'družba z omejeno odgovornostjo,' which translates to 'limited liability company,' not a public limited company.

Related Concepts:

  • What is the significance of the 'd.o.o.' designation for Gorenje?: The 'd.o.o.' designation is the Slovenian abbreviation for 'družba z omejeno odgovornostjo,' which translates to 'limited liability company.' This indicates the legal structure under which Gorenje operates.

What does the 'd.o.o.' designation signify for Gorenje?

Answer: It has been transformed into a limited liability company.

The 'd.o.o.' designation signifies that Gorenje has been transformed into a limited liability company, indicating its corporate legal structure.

Related Concepts:

  • What is the significance of the 'd.o.o.' designation for Gorenje?: The 'd.o.o.' designation is the Slovenian abbreviation for 'družba z omejeno odgovornostjo,' which translates to 'limited liability company.' This indicates the legal structure under which Gorenje operates.

Gorenje's 2019 financial report showed a net profit.

Answer: False

Gorenje reported a net income of -€56,042,000 in 2019, indicating a net loss, not a profit.

Related Concepts:

  • What were the operating income and net income for Gorenje in 2019?: Gorenje reported an operating income of -€44,588,000 and a net income of -€56,042,000 in 2019, indicating a net loss for that fiscal year.

Gorenje's total assets were reported to be over one billion euros in 2018.

Answer: True

In 2018, Gorenje reported total assets amounting to €1.061 billion, which is indeed over one billion euros.

Related Concepts:

  • What were Gorenje's total assets and total equity in 2018?: In 2018, Gorenje reported total assets amounting to €1.061 billion and total equity of €245 million. These financial figures provide a snapshot of the company's balance sheet at that time.

Gorenje's revenue in 2018 exceeded one billion euros.

Answer: True

Gorenje's revenue in 2018 was reported as €1.184 billion, thus exceeding one billion euros.

Related Concepts:

  • What was Gorenje's revenue in 2018?: Gorenje's revenue in 2018 was reported as €1.184 billion. This figure represents the total income generated from its business operations during that year.

In 2019, Gorenje reported a negative operating income, indicating:

Answer: A substantial operating loss.

A negative operating income in 2019 indicates a substantial operating loss for Gorenje during that fiscal year. The company reported an operating income of -€44,588,000.

Related Concepts:

  • What were the operating income and net income for Gorenje in 2019?: Gorenje reported an operating income of -€44,588,000 and a net income of -€56,042,000 in 2019, indicating a net loss for that fiscal year.

Gorenje's total equity was reported as €245 million in which year?

Answer: 2018

Gorenje's total equity was reported as €245 million in the year 2018.

Related Concepts:

  • What were Gorenje's total assets and total equity in 2018?: In 2018, Gorenje reported total assets amounting to €1.061 billion and total equity of €245 million. These financial figures provide a snapshot of the company's balance sheet at that time.

Business Operations: Aviation and Sponsorships

Gorenje operated a business aviation division from 1973 until 1995.

Answer: True

Gorenje maintained a business aviation division from 1973 to 1995, utilizing its fleet for operational and partner-related purposes.

Related Concepts:

  • Specify the operational period of Gorenje's business aviation division and the intended purpose of the aircraft it utilized.: Gorenje maintained a business aviation division from 1973 to 1995. The company employed its fleet, which included Piper Seneca and Cessna Citation models, to facilitate its business operations and serve its commercial partners.

The Piper PA-31P Navajo aircraft used by Gorenje had a maximum range of 1500 km.

Answer: False

The Piper PA-31P Navajo aircraft, procured by Gorenje, possessed a range of 1800 km, not 1500 km.

Related Concepts:

  • Detail the key specifications, such as speed and range, of the Piper PA-31P Navajo aircraft employed by Gorenje.: The Piper PA-31P Navajo aircraft, procured by Gorenje for its business travel requirements, possessed a cruising speed of 380 km/h and a range of 1800 km, representing an enhancement in performance over their earlier Piper PA-34 Seneca.

Gorenje sponsors the French football championship Coupe de la Ligue.

Answer: True

Gorenje actively engages in corporate sponsorship, supporting entities including the French football championship Coupe de la Ligue.

Related Concepts:

  • Which sports teams and events receive sponsorship from Gorenje?: Gorenje actively engages in corporate sponsorship, supporting various entities including the Slovenian Nordic Ski Teams, the Gorenje Handball Club, the French football championship Coupe de la Ligue, and the Sport & Media institution.

Gorenje has utilized only three distinct logos throughout its history, with the current one adopted in 1977.

Answer: False

Gorenje has utilized four distinct logos throughout its history. The current logo has been in continuous use since 1977.

Related Concepts:

  • Quantify the number of distinct logos Gorenje has employed since its inception and specify the adoption year of its current logo.: Gorenje has utilized four distinct logos throughout its operational history. The current logo has been in continuous use since 1977, following previous iterations implemented in 1954-1963, 1963-1971, and 1971-1977.

The Gorenje Pink Oldtimer was sold to raise funds for a campaign against heart disease.

Answer: False

The Gorenje Pink Oldtimer was auctioned with the explicit purpose of generating funds for an anti-cancer campaign, not for heart disease.

Related Concepts:

  • What was the specific objective behind the sale of the Gorenje Pink Oldtimer?: The Gorenje Pink Oldtimer was auctioned with the explicit purpose of generating funds for an anti-cancer campaign, underscoring the company's commitment to social responsibility initiatives.

The Cessna 550 Citation II aircraft used by Gorenje had a slower speed than the Citation I.

Answer: False

The Cessna 550 Citation II, which replaced the Citation I in Gorenje's fleet, operated at a speed of 740 km/h, signifying an improvement in performance over the Citation I.

Related Concepts:

  • What was the operational speed of the Cessna 550 Citation II aircraft utilized by Gorenje?: The Cessna 550 Citation II, which replaced the Citation I in Gorenje's fleet, operated at a speed of 740 km/h, signifying an improvement in the company's business aviation performance.

Which of the following aircraft was NOT operated by Gorenje's business aviation division?

Answer: Boeing 737

Gorenje's business aviation division operated Piper Seneca, Cessna Citation I, and Piper Navajo aircraft. The Boeing 737 was not part of their fleet.

Related Concepts:

  • Specify the operational period of Gorenje's business aviation division and the intended purpose of the aircraft it utilized.: Gorenje maintained a business aviation division from 1973 to 1995. The company employed its fleet, which included Piper Seneca and Cessna Citation models, to facilitate its business operations and serve its commercial partners.
  • Identify the aircraft that succeeded the Cessna Citation I in Gorenje's fleet and the year of this replacement.: In 1989, Gorenje upgraded its business aviation capabilities by replacing the Cessna Citation I with a ten-seater Cessna Citation II, thereby increasing passenger capacity.
  • What was the origin country for the aircraft operated by Gorenje Business Aviation?: The aircraft operated by Gorenje Business Aviation, including Piper Seneca, Piper Navajo, Cessna Citation I, and Cessna Citation II, all originated from manufacturers in the United States.

What was the range of the Cessna 500 Citation I aircraft used by Gorenje?

Answer: 2400 km

The Cessna 500 Citation I, a seven-seater private jet acquired by Gorenje in 1978, offered an operational range of 2400 km.

Related Concepts:

  • What was the operational range of the Cessna 500 Citation I aircraft, utilized by Gorenje Business Aviation?: The Cessna 500 Citation I, a seven-seater private jet acquired by Gorenje in 1978, offered an operational range of 2400 km, thereby enabling extended business travel.

Gorenje serves as a general sponsor for which of the following entities?

Answer: The Gorenje Handball Club

Gorenje actively engages in corporate sponsorship, supporting various entities including the Gorenje Handball Club.

Related Concepts:

  • Which sports teams and events receive sponsorship from Gorenje?: Gorenje actively engages in corporate sponsorship, supporting various entities including the Slovenian Nordic Ski Teams, the Gorenje Handball Club, the French football championship Coupe de la Ligue, and the Sport & Media institution.

How many distinct logos has Gorenje used since its inception, and when was the current logo adopted?

Answer: Four logos, current since 1977

Gorenje has utilized four distinct logos throughout its operational history. The current logo has been in continuous use since 1977.

Related Concepts:

  • Quantify the number of distinct logos Gorenje has employed since its inception and specify the adoption year of its current logo.: Gorenje has utilized four distinct logos throughout its operational history. The current logo has been in continuous use since 1977, following previous iterations implemented in 1954-1963, 1963-1971, and 1971-1977.

What was the purpose of the Gorenje Pink Oldtimer sale?

Answer: To support a campaign against cancer.

The Gorenje Pink Oldtimer was auctioned with the explicit purpose of generating funds for an anti-cancer campaign.

Related Concepts:

  • What was the specific objective behind the sale of the Gorenje Pink Oldtimer?: The Gorenje Pink Oldtimer was auctioned with the explicit purpose of generating funds for an anti-cancer campaign, underscoring the company's commitment to social responsibility initiatives.

What was the speed of the Cessna 550 Citation II aircraft that replaced the Citation I in Gorenje's fleet?

Answer: 740 km/h

The Cessna 550 Citation II, which replaced the Citation I in Gorenje's fleet, operated at a speed of 740 km/h.

Related Concepts:

  • What was the operational speed of the Cessna 550 Citation II aircraft utilized by Gorenje?: The Cessna 550 Citation II, which replaced the Citation I in Gorenje's fleet, operated at a speed of 740 km/h, signifying an improvement in the company's business aviation performance.

What was the range of the Piper PA-34 Seneca I aircraft, Gorenje's first aircraft for business flights?

Answer: 1500 km

The Piper PA-34 Seneca I aircraft, Gorenje's first dedicated business flight aircraft, offered an operational range of 1500 km.

Related Concepts:

  • What was the operational range of the Piper PA-34 Seneca I aircraft, which served as Gorenje's initial aircraft for business flights?: The Piper PA-34 Seneca I aircraft, Gorenje's first dedicated business flight aircraft, offered an operational range of 1500 km, providing significant capability for domestic and regional travel.

All aircraft operated by Gorenje Business Aviation originated from European manufacturers.

Answer: False

The aircraft operated by Gorenje Business Aviation, including Piper Seneca, Piper Navajo, Cessna Citation I, and Cessna Citation II, all originated from manufacturers in the United States.

Related Concepts:

  • What was the origin country for the aircraft operated by Gorenje Business Aviation?: The aircraft operated by Gorenje Business Aviation, including Piper Seneca, Piper Navajo, Cessna Citation I, and Cessna Citation II, all originated from manufacturers in the United States.

All aircraft operated by Gorenje Business Aviation originated from European manufacturers.

Answer: False

The aircraft operated by Gorenje Business Aviation, including Piper Seneca, Piper Navajo, Cessna Citation I, and Cessna Citation II, all originated from manufacturers in the United States.

Related Concepts:

  • What was the origin country for the aircraft operated by Gorenje Business Aviation?: The aircraft operated by Gorenje Business Aviation, including Piper Seneca, Piper Navajo, Cessna Citation I, and Cessna Citation II, all originated from manufacturers in the United States.

What was the range of the Piper PA-34 Seneca I aircraft, Gorenje's first aircraft for business flights?

Answer: 1500 km

The Piper PA-34 Seneca I aircraft, Gorenje's first dedicated business flight aircraft, offered an operational range of 1500 km.

Related Concepts:

  • What was the operational range of the Piper PA-34 Seneca I aircraft, which served as Gorenje's initial aircraft for business flights?: The Piper PA-34 Seneca I aircraft, Gorenje's first dedicated business flight aircraft, offered an operational range of 1500 km, providing significant capability for domestic and regional travel.

Brand Identity and Market Position

The corporate headquarters of Gorenje, a prominent manufacturer of home appliances, are situated in Ljubljana, Slovenia.

Answer: False

This assertion is factually incorrect; Gorenje's primary headquarters are located in Velenje, Slovenia.

Related Concepts:

  • Could you identify Gorenje and state the location of its corporate headquarters?: Gorenje is a distinguished Slovenian manufacturer specializing in major home appliances. Its corporate headquarters are strategically located in Velenje, Slovenia.

The Gorenje Group operates exclusively under its namesake brand, Gorenje.

Answer: False

The Gorenje Group markets its appliances under a diverse portfolio of brands, not solely under the Gorenje name.

Related Concepts:

  • Under what portfolio of brands does Gorenje market its appliances?: Gorenje markets its appliances under a diverse range of brands, including its own namesake brand, Gorenje, alongside Asko, Mora, Atag, Pelgrim, Etna, Kőrting, and Sidex. This multi-brand strategy enables targeted engagement with various market segments.

Gorenje's principal production facility is located in Velenje, Slovenia, complemented by additional plants in the Czech Republic and Serbia.

Answer: True

The statement accurately reflects Gorenje's manufacturing footprint, with its main facility in Velenje, Slovenia, and auxiliary plants in the Czech Republic and Serbia.

Related Concepts:

  • Where are Gorenje's principal production facilities situated?: Gorenje's primary manufacturing hub is located in Velenje, Slovenia. Furthermore, the company operates production plants for cooking appliances in Mariánské Dolí, Czech Republic, and for refrigerators and freezers in Valjevo, Serbia.

Gorenje ranks as the largest manufacturer of household appliances within the European market.

Answer: False

Gorenje holds the position of the fourth largest manufacturer of household appliances across Europe, not the largest.

Related Concepts:

  • What is Gorenje's relative standing among appliance manufacturers within the European continent?: Gorenje holds the position of the fourth largest manufacturer of household appliances across Europe, indicating a substantial market presence and significant production capacity within the region.

Gorenje's business activities are exclusively confined to the manufacturing of major home appliances.

Answer: False

The Gorenje Group's business operations extend beyond household appliances to include ceramics, kitchen and bathroom furniture, and services in energy, ecology, and trade.

Related Concepts:

  • Beyond major appliances, what other products and services does the Gorenje Group offer?: The Gorenje Group's business operations extend beyond household appliances to include the manufacturing of ceramics, kitchen and bathroom furniture, and services in the fields of energy, ecology, and trade, showcasing a diversified business model.

What is the official website for Gorenje?

Answer: gorenje.com

The official online presence for Gorenje is maintained at the domain gorenje.com.

Related Concepts:

  • What is the designated official website for Gorenje?: The official online presence for Gorenje is maintained at the domain gorenje.com.

What is Gorenje primarily recognized as?

Answer: A Slovenian manufacturer specializing in major home appliances.

Gorenje is primarily recognized as a distinguished Slovenian manufacturer specializing in major home appliances.

Related Concepts:

  • Could you identify Gorenje and state the location of its corporate headquarters?: Gorenje is a distinguished Slovenian manufacturer specializing in major home appliances. Its corporate headquarters are strategically located in Velenje, Slovenia.

Where is Gorenje headquartered?

Answer: Velenje, Slovenia

Gorenje's corporate headquarters are strategically located in Velenje, Slovenia.

Related Concepts:

  • Could you identify Gorenje and state the location of its corporate headquarters?: Gorenje is a distinguished Slovenian manufacturer specializing in major home appliances. Its corporate headquarters are strategically located in Velenje, Slovenia.
  • Where are Gorenje's principal production facilities situated?: Gorenje's primary manufacturing hub is located in Velenje, Slovenia. Furthermore, the company operates production plants for cooking appliances in Mariánské Dolí, Czech Republic, and for refrigerators and freezers in Valjevo, Serbia.

Which of the following is NOT among the brands Gorenje markets its appliances under?

Answer: Bosch

Gorenje markets its appliances under brands such as Asko, Mora, and Atag, but Bosch is not one of them.

Related Concepts:

  • Under what portfolio of brands does Gorenje market its appliances?: Gorenje markets its appliances under a diverse range of brands, including its own namesake brand, Gorenje, alongside Asko, Mora, Atag, Pelgrim, Etna, Kőrting, and Sidex. This multi-brand strategy enables targeted engagement with various market segments.

What is Gorenje primarily known as?

Answer: A Slovenian manufacturer specializing in major home appliances.

Gorenje is primarily recognized as a distinguished Slovenian manufacturer specializing in major home appliances.

Related Concepts:

  • Could you identify Gorenje and state the location of its corporate headquarters?: Gorenje is a distinguished Slovenian manufacturer specializing in major home appliances. Its corporate headquarters are strategically located in Velenje, Slovenia.
  • Please specify the founding year of Gorenje and identify its founder.: Gorenje was established in 1950 by Ivan Atelšek. The company's nomenclature is derived from the village where it was initially situated.
  • Where are Gorenje's principal production facilities situated?: Gorenje's primary manufacturing hub is located in Velenje, Slovenia. Furthermore, the company operates production plants for cooking appliances in Mariánské Dolí, Czech Republic, and for refrigerators and freezers in Valjevo, Serbia.

Where is Gorenje headquartered?

Answer: Velenje, Slovenia

Gorenje's corporate headquarters are strategically located in Velenje, Slovenia.

Related Concepts:

  • Could you identify Gorenje and state the location of its corporate headquarters?: Gorenje is a distinguished Slovenian manufacturer specializing in major home appliances. Its corporate headquarters are strategically located in Velenje, Slovenia.
  • Where are Gorenje's principal production facilities situated?: Gorenje's primary manufacturing hub is located in Velenje, Slovenia. Furthermore, the company operates production plants for cooking appliances in Mariánské Dolí, Czech Republic, and for refrigerators and freezers in Valjevo, Serbia.
  • Please specify the founding year of Gorenje and identify its founder.: Gorenje was established in 1950 by Ivan Atelšek. The company's nomenclature is derived from the village where it was initially situated.

Which of the following is NOT one of the brands Gorenje markets its appliances under?

Answer: Bosch

Gorenje markets its appliances under brands such as Asko, Mora, and Atag, but Bosch is not one of them.

Related Concepts:

  • Under what portfolio of brands does Gorenje market its appliances?: Gorenje markets its appliances under a diverse range of brands, including its own namesake brand, Gorenje, alongside Asko, Mora, Atag, Pelgrim, Etna, Kőrting, and Sidex. This multi-brand strategy enables targeted engagement with various market segments.

The official website for Gorenje is provided as gorenje.com.

Answer: True

The official online presence for Gorenje is maintained at the domain gorenje.com.

Related Concepts:

  • What is the designated official website for Gorenje?: The official online presence for Gorenje is maintained at the domain gorenje.com.

What is the official website for Gorenje?

Answer: gorenje.com

The official online presence for Gorenje is maintained at the domain gorenje.com.

Related Concepts:

  • What is the designated official website for Gorenje?: The official online presence for Gorenje is maintained at the domain gorenje.com.

What is the significance of the stylized 'gorenje' in the company's branding?

Answer: It is a stylistic choice to establish a distinctive visual identity.

The company's name is frequently presented in a stylized lowercase format ('gorenje'), a common branding practice employed to establish a distinctive visual identity.

Related Concepts:

  • What is the significance or meaning behind the stylized lowercase presentation of 'gorenje' in the company's branding?: The company's name is frequently presented in a stylized lowercase format ('gorenje'). While the precise rationale for this stylistic choice is not explicitly detailed, it is a common branding practice employed to establish a distinctive visual identity.

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