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 29.10 - Manufacture of motor vehicles
150 jobs Number of planned job creations
Announcement Date
1 September 2015
Employment effect (start)
Foreseen end date
Description
Volvo Trucks Ghent is the largest truck plant worldwide in the Volvo Group. As overtime working hours and Saturday work is no longer sufficient to respond to rising demand, 150 extra employees will be recruited. Increased demand is the result of the gradual revival of the economy in combination with new investments in the factory during previous years. The Central Distribution Centre Ghent is the largest distribution centre of Volvo components worldwide. The warehouse has been enlarged by 12,000 square metres facilitating the growth in employment.
Sources
1 September 2015: De Standaard
2 September 2015: De Tijd
Citation
Eurofound (2015), Volvo Group Trucks, Business expansion in Belgium, factsheet number 84749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84749.
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