The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.10 - Manufacture of motor vehicles
383 jobs Number of planned job creations
Announcement Date
30 April 2021
Employment effect (start)
1 May 2021
Foreseen end date
Description
Volvo Trucks Ghent, the Belgian Volvo facility specialised in the production of trucks, has announced that it will hire 350 additional employees for its facility. The recovering economy, especially the growing demand in e-commerce sector, is seen as one of the main drivers behind the expansion, as this has led to an increased demand in trucks.
Update on 18/05/2021: Volvo Trucks Ghent released an additional announcement a few weeks later. Given the increased demand for truck and construction machine parts, the company will recruit another 38 employees to work in the company warehouse, in addition to the original job creation plan. This will lead to a total of 383 vacancies for Volvo Trucks.
Eurofound (2021), Volvo Trucks, Business expansion in Belgium, factsheet number 104796, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104796.
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