EMCC European Monitoring Centre on Change

Hägglunds

Company/Organisation:
Hägglunds

Geographic Location

Country: Sweden
Region: Västernorrlands län; Mellersta Norrland
Location of affected unit(s): Örnsköldsvik

Company

Sector: Manufacturing
Manufacture of transport equipment
30.40 - Manufacture of military fighting vehicles
Group: BAE Systems

Employment Effects

Announcement Date: 14-01-2021
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2021
Planned Job Creation: 250

Additional Information

Hägglunds, a Swedish manufacturer of military vehicles, plans to recruit 150 employees by the end of 2021. In addition, 100 consultants will be contracted. The recruited employees will work at the production unit located in Örnsköldsvik, northern Sweden. 

The company signed a SEK 5 billion (approximately €500 million) contract with the Netherlands which requires the company to hire additional staff. Hägglunds will upgrade 122 armoured vehicles for the country. This is the second large contract the company has signed in the past months. In November 2020, the company signed a contract with Switzerland for increasing the lifespan of its military vehicles.

Hägglunds is part of BAE Systems, a multinational defence and security company. In Sweden, BAE systems also owns BAE Systems Bofors. According to BAE System’s website, the company employs approximately 1,100 in Sweden. 

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