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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 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://apps.eurofound.europa.eu/restructuring-events/detail/69739.
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