Volvo Group relocates construction unit HQ to Sweden

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Volvo Group Press Release  /  January 12, 2017

Volvo Construction Equipment [aka.Volvo CE or VCE] has today announced that the company’s global headquarters will move from its current location in Brussels, Belgium to Gothenburg, Sweden. The relocation will facilitate closer cooperation with the Group’s other business areas and allow for better usage of competence and resources of the whole Group.

“Our Brussels location has served us well since the office opened in the 1980s and this move comes at the right time for Volvo CE as we continue to adapt our Company to changing global business dynamics. It allows us to be physically closer to the other Volvo business areas and it will facilitate closer cooperation and sharing of best practices,” states Martin Weissburg, President of Volvo CE and Member of the Executive Board of the Volvo Group.

“Sweden is also home to approximately 4 000 Volvo CE employees and where some of our largest manufacturing, commercial and technology sites are located,” adds Weissburg.

The Volvo CE headquarters will be operational in Gothenburg in the third quarter of 2017 .

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Volvo CE to move the headquarters to Gothenburg

Dagens Industri  /  January 12, 2017

Volvo's business in construction equipment, Volvo CE, moves this year its headquarters from Brussels to Gothenburg. The move will enable closer cooperation with the Group's other business areas, according to a press release.

Volvo CE’s headquarters should be fully relocated to Gothenburg during the third quarter of this year.

Volvo's second largest shareholder, Swedish hedge fund manager Christer Gardell (the Carl Icahn of Europe) who owns Cevian Capital, told Bloomberg News last October that Volvo Group should focus on trucks and dispose of Volvo CE.

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Now, Volvo headquarters moves its headquarters

Göteborgs-Posten  /  January 12, 2017

Volvo Construction Equipment announced today that it is moving its global headquarters from Brussels, Belgium to Gothenburg, Sweden.

Volvo said it desires to have a better interaction with the rest of the group, and be able to use the skills and resources available in Gothenburg.

“It allows us an opportunity to be physically closer to the Volvo business and will facilitate closer cooperation and exchange of expertise”, says Martin Weiss Burg, Volvo CE president and Volvo Group board member.

Volvo CE currently has 4,000 employees in Sweden, and has plants in Eskilstuna, Arvika, Hallsberg and Braås.

The new headquarters will be operational in the third quarter of 2017.