Volvo Construction Equipment

Type
Offshoring/Delocalisation
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Södermanlands län
Location of affected unit(s)
Eskilstuna
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.9 - Manufacture of other special-purpose machinery
New offshoring locations
Belgium
160 - 170 jobs
Number of planned job losses
Job loss
40 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/77007.