Volvo Construction Equipment (CE) is moving its global headquarters from its current location in Brussels, Belgium, to Gothenburg, Sweden.
The company said the relocation would facilitate closer co-operation with the Swedish group’s other business areas, and allow for “better usage of the competence and resources of the whole Volvo Group”.
Martin Weissburg, president of Volvo CE and member of the executive board of the Volvo Group, said, “Our Brussels location has served us well since the office opened in the 1980s, and this move comes at the right time for Volvo CE as we continue to adapt our company to changing global business dynamics.
“It allows us to be physically closer to the other Volvo business areas, and it will facilitate closer co-operation and sharing of best practices.”
He added that Sweden was home to approximately 4,000 Volvo CE employees, and was where some of its largest manufacturing, commercial and technology sites were located.
The Volvo CE headquarters will be operational in Gothenburg in the third quarter of 2017.