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50 employees will move from Volvo Construction Equipment

Wednesday, 23 May 2012
50 employees of Volvo Construction Equipment (CE), the manufacturer of construction equipment based in Arvika have been forced to leave.
Media reports in Wednesday say that the company has pull down the pace of work in Arvika from August in the section of production, quoting Magnus Bäärnhielm, press officer at Volvo Construction Equipment.

According to Magnus Bäärnhielm, 50 or so people of the seconded personnel from staffing company Adecco are those that will not get the contracts renewed.

"We see in general that we have a lower order just at this factory on some sections and then we adjust the comparison with the staffing we have today. We see it as a normal adjustment in the audits that we do regularly," Magnus Bäärnhielm said according to Swedish business daily.

Volvo CE sell machines to the world and the largest market is Europe, according to Magnus Bäärnhielm. But he will not go into those markets where the company seem to be experiencing smaller demand.

"We think of course it is sad that we can not continue to run at the pace that we normally do and that it affects the employees. But we must be on the alert. The macro-economic is in a state of uncertainty and we must be on the alert and take action when there are changes in our order intake in the factory. "

At the plant in Arvika, a total of around 1,300 employees are currently working there. The employees should have received information about the cutback on Tuesday and Wednesday morning.
On the whole, Volvo CE has about 4500 employees in Sweden. Volvo CE has production facilities in four locations in Sweden - Braås, Eskilstuna, Arvika and Hallsberg. Turnover stood at Skr65 billion in 2011.
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