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 Manfacture for transport equipment Manufacture of motor vehicles, trailers and semi-trailers 29.3 - Manufacture of motor vehicle parts and accessories
130 jobs Number of planned job creations
Announcement Date
19 October 2009
Employment effect (start)
19 October 2009
Foreseen end date
1 March 2010
Description
Volvo Trucks is to create 130 jobs in Umea in lacquering of plastic car components. This activity was previously carried out by a company in Belgium. Already 50 new jobs have been created in Umea and the relocation will be completed in March 2010.
Volvo Trucks has announced a number of restructuring plans over the last year; this is the first case of business expansion since the beginning of the recession. See related fact sheets - 11990 and 11727.
Sources
19 October 2009: Dagens Industri
Citation
Eurofound (2009), Volvo Trucks, Business expansion in Sweden, factsheet number 69739, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69739.
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