EMCC European Monitoring Centre on Change

Volvo Trucks

Company/Organisation:
Volvo Trucks

Geographic Location

Country: Belgium
Region: Arr. Gent; Prov. Oost-Vlaanderen; Vlaams Gewest
Location of affected unit(s): Oostaker

Company

Sector: Manufacturing
Manufacture of transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
Number Employed: 3458
Group: Volvo group

Employment Effects

Announcement Date: 30-03-2011
Type of Restructuring: Business expansion
Planned Job Creation: 200

Additional Information

On 30 March 2011, the management of Volvo Trucks announced a business expansion in Oostaker which will result in the creation of 200 new jobs. The job creation is attributable to a recent business revival and a significant increase of demand. The company has already converted 200 temporary contracts into open ended contracts and they now intend to hire 200 new skilled workers for the production of Volvo's first hybrid truck which is expected to be delivered in June 2011.