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

January 6, 2017

Volvo CE president unveils emissions technology and product development programme

Volvo Construction Equipment president Pat Olney has unveiled the low-emissions technology used in the company’s forthcoming Stage IV/Tier 4 Final-compliant machines. He also detailed the progress of investments in Europe and other international markets and announced the extensive development pipeline that will see a radically updated product range launched over the next two years.
June 13, 2012

CTT 2012/CONEXPO Russia visitors up 20%

A 20% rise in visitors and a 15% increase in exhibitors at this year’s CTT 2012/CONEXPO Russia, compared to 2011 show levels, illustrated the attraction of big infrastructure project spending Russia to the world’s largest construction equipment companies. Major global brands such as JCB, John Deere, Volvo Construction Equipment (CE), Komatsu, Liebherr, and Wirtgen were among the 911 construction equipment companies from 28 different countries present for the five-day event covering more than 124,000m² at th
March 22, 2013

Volvo CE US$100 million Americas expansion

Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
boombox1

Highlighted Content

boombox2