Sweden based Volvo Construction Equipment (Volvo CE) is moving its global headquarters from the current location in Gothenburg to Eskilstuna.
The quarrying and construction equipment manufacturer says Eskilstuna is already a large cross functional workplace for the company, with around 2,500 employees from different functions. The move forms part of an ongoing project to strengthen collaboration and innovation with local educational, social and business hubs – such as Mälardalen University, with whom Volvo CE already enjoys a close partnership through which to develop future engineering talent and grow new perspectives and innovations to benefit the company.
The new Volvo CE corporate headquarters will be operational in Eskilstuna – already home to the company’s Technology and Customer Centers – from August 2023. With its foundations in Eskilstuna over 190 years ago, Volvo CE says it will be combining the strength of its history with the potential of its future thanks to ongoing investments into the customer center, technology test labs and its recently launched R&D test track.
Volvo CE is a large global company with 17 sites around the world. The company says these all remain important locations for the its business, global presence and need to be close to all stakeholders. It adds that this announcement will not have an immediate impact on other global facilities or require any move of employees from their current locations to Eskilstuna. Volvo CE will also remain an important part of Volvo Group with its close collaboration in projects and sharing of partnerships to lead the industry transformation.
“With the rapidly changing environment we are living in and the culture we are building, it is a great opportunity to be present at one of our largest global sites,” says Melker Jernberg, head of Volvo CE. “Having our headquarters here will strengthen our collaboration with local educational, social and business hubs, and bring us closer to our operational work. We will of course continue the great and important collaboration with our colleagues across the entire Volvo Group, as well as with our worldwide partners.”
Jimmy Jansson, chairman of the executive board of Eskilstuna Municipality, commented: “Volvo CE has had a presence in Eskilstuna from as far back as 1832 and it has always played an important role in the local community. We see this decision as boosting Eskilstuna’s image as an attractive business location for companies from Sweden and abroad.”
Eskilstuna is located in Södermanland County, less than five hours from Gothenburg and within easy distance of both Vasteras and Arlanda international airports. As well as being the birthplace of Volvo CE, it has a rich industrial heritage that is recognised at one of the city’s popular attractions, the Munktell Museum. It is also known as a pioneer in recycling with the world’s first climate-smart shopping mall selling only recycled or second-hand goods.
