Volvo launches a large restructuring plan

The world | 24.09.2013 on 17:03 • updated the 24.09.2013 at 17:12

"The program includes both r workforce reduction in the framework and consultants and improvements on the Hg productivity in the global industrial equipment.

"The majority of restructuring charges affect the rational result op r during 2014" and that "the economy reached is l glued about 4 billion crowns per year (...)" in producing its full effect by the end of 2015".

Volvo, which also makes buses, construction and gear motors, has pr cis that this restructuring would affect mainly heavy industry. The results of the group are disappointing for a year and have m led me to a net loss in the first quarter of 2013. In January, he announced a partnership with China Dongfeng to form the num ro world, formerly German Daimler.

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