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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.9 - Manufacture of other special-purpose machinery
New offshoring locations
Belgium
160 - 170 jobs Number of planned job losses
40 jobs Number of planned job creations
Announcement Date
14 May 2014
Employment effect (start)
1 October 2015
Foreseen end date
Description
Swedish construction equipment manufacturer Volvo Construction Equipment plans to cut 160-170 jobs at the site in Eskilstuna, Sweden.
Volvo Construction Equipment (Volvo CE) is planning to move warehouse operations from the site in Eskilstuna, Sweden to the site in Gent, Belgium, affecting 160-170 employees in Eskilstuna. Volvo CE is planning to keep distribution, production and warehouse activities for the Nordic countries in Eskilstuna, Sweden. The site in Eskilstuna also recieves the warehouse operations and 40 employees from the site in Gothenburg, Sweden. The planned restructuring will be executed by the end of 2015.
The ERM has reported on previous restructuring events at Volvo CE in 2008, 2009, 2010, 2012 and 2014.
Sources
14 May 2014: Sveriges Radio
Citation
Eurofound (2014), Volvo Construction Equipment, Offshoring/Delocalisation in Sweden, factsheet number 77007, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77007.
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