Volvo Construction Equipment

Type
Business expansion
Country
Sweden
Region
Norra Sverige; Norra Mellansverige; Värmlands län
Location of affected unit(s)
Arvika
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
100 jobs
Number of planned job creations
Job creation
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.

Sources

  • 20 February 2010: Värmlands Folkblad Nyheter
  • www.vf.se

Citation

Eurofound (2010), Volvo Construction Equipment, Business expansion in Sweden, factsheet number 70189, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70189.