Volvo Construction Equipment (Volvo CE) will move the company's global headquarters will move from its current location in Gothenburg, Sweden, to Eskilstuna, Sweden.
Eskilstuna is already a large cross-functional workplace for Volvo CE. Around 2,500 employees from different functions are hosted there. Volvo CE says that 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 has a close partnership with.
The new Volvo CE corporate headquarters will be operational in Eskilstuna in August 2023.
Volvo CE is a large global company with 17 sites around the world. This move will not have an immediate impact on other global facilities or require any move of employees from their current locations to Eskilstuna.
"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. 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," says Melker Jernberg, Head of Volvo CE.
"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," says Jimmy Jansson, Chairman of the Executive Board of Eskilstuna Municipality.
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 recognized at one of the Munktell Museum.