Press releases – 2013

Volvo Construction Equipment celebrated the opening of its new excavator plant in Kaluga, Russia, in May with an inaugural ceremony attended by more than 500 people.

Engineers at Volvo Construction Equipment are developing Intelligent Transport Systems (ITS) which could reduce fuel consumption by up to 30% in certain applications and increase safety.

Sharply lower global demand, especially in the mining sector, weighs on first quarter 2013 results at Volvo CE. But with improved profitability over the previous quarter and inventories now in balance, the company has increased production to meet the spring selling season.

Even though it’s a year and a half until a fleet of yachts embarks from Alicante, Spain, to start the 2014-2015 Volvo Ocean Race, excitement is already building at Volvo Construction Equipment as the event prepares to celebrate its 40th birthday.

At the inaguration of the company’s $100 million investment facility in Shippensburg, Penn., President of Volvo Construction Equipment, Pat Olney outlined his belief that the market will remain flat in 2013 with a +5 /-5% market development expected during the year in North America.

A major investment program at Volvo CE’s Shippensburg production hub sees the first US-built wheel loaders roll off a new assembly line, as well as the inauguration of a new Americas headquarters building.

Volvo Construction Equipment has expanded its ability to provide custom machines for specialized applications. Today its portfolio of authorized modification partners and accompanying support structures enables customers to meet their individual requirements throughout the Volvo global distribution network.

Notwithstanding sharply reduced global demand in the last three months Volvo Construction Equipment rounded off a solid 2012 by extending its market leadership of the Chinese wheel loader and excavator segments, protected profitability via active inventory management – and sold its second highest ever number of machines.

Visitors to this year’s Bauma 2013 exhibition in Munich are in for a treat, as Volvo Construction Equipment looks at the bigger picture, showcasing a total ‘rock to road’ package of new machine and customer solutions that together help build our societies.

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 CE. He will also take responsibility for the company’s customer magazine, Spirit, as its new Editor-in-Chief.