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 29.1 - Manufacture of motor vehicles
100 jobs Number of planned job creations
Announcement Date
22 February 2010
Employment effect (start)
23 March 2010
Foreseen end date
30 April 2010
Description
Volvo Construction Equipment plans to recruit 100 employees to its wheel loader plant in Arvika within the next month. The company had cut almost half its staff in Arvika about 18 months ago as a result of the economic crisis. Volvo CE is now starting to see a decrease in dealership inventories and higher sales figures. Consequently the production in Arvika is expanded with new recruitments in welding, assembly and logistics.
Eurofound (2010), Volvo Construction Equipment, Business expansion in Sweden, factsheet number 70189, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70189.
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