Volvo CE’s Russian Revolution

Volvo Construction Equipment has started its own Russian revolution by beginning work on its US$52million excavator factory in Kaluga. High profile dignitaries, including Kaluga Region governor Anatoly Artamonov and president of Volvo CE Pat Olney, attended a special ceremony on April 18 to mark the start of the groudbreaking project.
April 19, 2012 Read time: 2 mins
RSSVolvo Construction Equipment has started its own Russian revolution by beginning work on its US$52million excavator factory in Kaluga.

High profile dignitaries, including Kaluga Region governor Anatoly Artamonov and president of 359 Volvo CE Pat Olney, attended a special ceremony on April 18 to mark the start of the groudbreaking project.

The 15 hectare site, around 150km south-west of Moscow, is said by Volvo CE to underscore the company’s commitment to the Russian market. It will be Volvo’s seventh excavator manufacturing facility, out of a total of 16 plants globally. When completed, the final manufacturing area will be 20,660m2. Six models of excavators are planned to be made at the plant, ranging from the 20-tonne EC200 to the 48-tonne EC480. The first machines are due off the assembly lines next year – creating 280 new jobs in the process.

A leading player in the Russian market, Volvo CE plans to double sales in the country by 2015. As part of this aim, Volvo CE’s new Russian dealer 5066 Ferronordic Machines plans to increase its branches from 55 to 100 locations by 2015.

For more information on companies in this article

Related Content

  • Volvo CE’s technology & innovation leadership
    March 9, 2017
    Volvo Construction Equipment president Martin Weissburg said the brand’s innovation and technological leadership in its sector comes from being part of the Volvo Group’s hugely successful and diverse global business portfolio. Examples of the Swedish construction equipment manufacturing giant’s ongoing investment in new technology include prototypes such as the LX1 electric hybrid wheeled loader; the HX1 battery-electric, fully autonomous load carrier; and the HX2, another battery-electric, fully autonomous
    Read More
  • Future earthmoving innovation from Volvo CE
    February 7, 2017
    Volvo CE is working on radical new concepts for earthmoving and extraction applications - Guy Woodford reports Volvo CE recently showcased a range of futuristic concepts and innovations from electromobility to intelligent machines and total site solutions at the company’s Xploration Forum in Eskilstuna, Sweden. Hundreds of Volvo Construction Equipment (Volvo CE) customers, members of the international press, government representatives and academics were given an exclusive look at a host of ground-breakin
    Read More
  • Ammann and Volvo CE strike asphalt paver deal
    December 14, 2023
    Ammann and Volvo CE are striking an asphalt paver deal.
    Read More
  • Developing India’s roads with new machines
    February 10, 2017
    As part of the government’s plans to accelerate economic growth, a major expansion of India’s road network is underway Many cities in India are set to benefit from the government’s ambitious plan to use infrastructure investment to boost the economy. There are currently 11 ongoing projects across India’s road network, funded by the World Bank. Once complete, the road network will make travelling more efficient and boost India’s economic activity. The initiative will see the construction of new major
    Read More

Highlighted Content