Volvo Construction Equipment has been awarded a SEK 59 million grant from the Swedish Energy Agency to develop new technology connected to electromobility which could transform the construction equipment industry. Volvo Construction Equipment (Volvo CE) has teamed up with its customer Skanska Sweden, the Swedish Energy Agency and two Swedish …
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Volvo CE to host the Operators Club annual competition at Plantworx 2015
Volvo Construction Equipment is using the three days at Plantworx 2015 to find an overall winner and runner up to represent GB in the European Operators Club finals to take place in Italy later this year. Now in its second year of existence, the GB Operators Club has swelled to …
Read More »Weaker Q4 at Volvo CE reflects challenging times for construction equipment industry
Stagnation in Europe and accelerated decline in China dampened demand during Volvo Construction Equipment’s final quarter of 2014, resulting in a dip in sales of 6% during the period. For the full year, sales at the company were down by 1% during 2014. In the fourth quarter of 2014 Volvo …
Read More »Earnings rise on flat sales in Volvo CE’s Q3
Volvo CE saw stable market growth in North America dented by a faster decline in China and a loss of momentum in Europe in its third quarter results – while earnings rose strongly in the period, thanks to effective cost control measures and currency tailwinds. A solid 9% improvement in …
Read More »Weak China demand offsets mature market growth in Volvo CE second quarter results
Sales down 9% in the second quarter, as improvements in North America and Europe fail to compensate for a slide in demand from China. Market growth in the mature markets of North America and Europe failed to offset a sharp downturn in demand in China, weighing on Volvo Construction Equipment’s …
Read More »Kubota and Volvo CE sign up for International Rental Exhibition
Volvo Construction Equipment and Kubota have confirmed their attendance at the International Rental Exhibition (IRE) taking place at the RAI exhibition centre in Amsterdam on 24-26 June. The two companies – both of which are major suppliers to the rental sector worldwide – are among a number of companies that …
Read More »Volvo CE Braås facility achieves CO2 neutrality
Volvo Construction Equipment’s site in Braås, Sweden becomes the company’s first carbon neutral premises – as well as the first construction equipment production facility in the world to be powered entirely by renewable energy. At the end of December 2013, Volvo Construction Equipment’s Braås facility completed its journey towards becoming …
Read More »Martin Weissburg new President of Volvo CE
Martin Weissburg, 51, has been appointed new President of Volvo Construction Equipment. Weissburg is currently President of the Volvo Group’s customer finance company, Volvo Financial Services, VFS, and a member of the Group Executive Team. He will assume his new position on January 1, 2014, and replaces Pat Olney. Martin …
Read More »Volvo CE divests its dealership in Central Europe to Ascendum
In a further example of divesting, where appropriate, company-owned dealers to well-financed independent distribution partners, Volvo Construction Equipment has sold its dealership interests in Austria, Bosnia-Herzegovina, Croatia, the Czech Republic, Hungary, Moldova, Romania, Slovakia and Slovenia to the Ascendum Group. Volvo Construction Equipment (Volvo CE) has announced that it has …
Read More »Volvo CE appoints Thorsten Poszwa Global Director, External Communications
Volvo Construction Equipment (Volvo CE) has announced that Thorsten Poszwa has been appointed as its new Global Director of External Communications. Based at the company’s Brussels headquarters, the role encompasses print and online media relations for the business, as well as developing worldwide external communication standards and practices for Volvo …
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