Contact us

Support


Volvo AB

The Swedish company Volvo intends to use automatic transmissions that will be produced by a plant in Kaluga in heavy commercial vehicles. This has been reported today by the press office of the Government of the Kaluga Region following the results of the meeting of Governor Anatoly Artamonov with Director General of Volvo Group Russia Sergey Yavorsky.

27 January 2017
TASS

Swedish Volvo starts production of automated transmissions for its trucks at its plant in Kaluga. A memorandum of understanding was signed on Monday at thr international industrial exhibition Innoprom-2016 between Volvo and the government of the Kaluga Region, as the TASS correspondent was informed in the regional development agency.

The Volvo press office informed the TASS correspondent that the memorandum may be treated as an agreement on the start of increasing the level of localization automotive components at the Kaluga plant.

The production of transmissions, automated gearboxes will be launched. They will be used in the assembly of trucks at the Volvo plant in Kaluga, which will increase the total localization volume, says the press office.

11 July 2016
TASS

Volvo Group’s automobile plant in Kaluga has resumed truck production, which was suspended in mid-February, spokesman for Volvo Group Truck Russia Oleg Vasilchenko told RIA Novosti.

“Today the first Volvo trucks will roll off the production line of Volvo Group’s Kaluga plant,” the spokesman for Volvo Group said in a statement.

04 October 2015
RIA Novosti

The Swedish concern Volvo is prepared to launch production of methane-diesel-fuelled trucks at its plant in Kaluga, the company’s press service today told a TASS correspondent.

"We are prepared to start serial production of vehicles using methane-diesel fuel at the plant in Kaluga in partnership with manufacturers of gas equipment. It is too early to talk about volumes; everything will depend on market demand and specific orders”, the press service stated.

Volvo announced development of a truck using diesel and methane fuel back in November 2014, when truck cabin production was launched in Kaluga. "A co-operation agreement has been signed with Gazprom and field testing has already begun”, General Director of theVolvoGroup in Russia Pieter Andersson announced at the time. “Sowewillgetahaulagetruckwith suspended equipment working on two types of fuel at once.”

21 September 2015
ITAR TASS

Volvo plans to reopen the Kaluga truck building factory by the end of the year. A project to build service stations in Russia’s eastern regions is also in the works, according to Volvo Trucks Marketing Intern Evgeny Gorelov.

“I think that we will be able to unfreeze production by the end of the year, but we won’t have more detailed information until a later date,” Gorelov stated.

He added that Volvo had no plans to follow General Motors’ lead and leave Russia. “We are taking a completely different path to GM. We’re in Russia for the long haul. There has been a drop-off in sales, but this is true of the market as a whole. Now that the rouble–euro exchange rate is stabilising, we hope that sales will pick up once again,” Gorelov said. He went on to say that right now the Volvo trucks that are being sold in Russia are assembled at plants in Sweden and Belgium.

Volvo has reportedly not abandoned plans to build branded service stations for Volvo and Renault trucks in Russia.

“We are going to expand our network of branded service stations and sales offices. We are definitely planning to move eastwards, past the Urals. That’s our goal. Right now, we have around 75 stations, the majority of which are located in the European part of Russia,” Gorelov said. “Volvo stations do not belong to the individual dealers. They belong to Volvo – we manage all of our stations in the Russian regions,” he explained.

14 April 2015
ITAR TASS

Sweden-based automotive manufacturer Volvo AB, a subsidiary of China-based Zhejiang Geely Holding, has opened a new truck cabin plant in the Kaluga region, Russia.

The firm has invested EUR 90 million in the plant, which will produce 45 per cent of component parts for the company's trucks in Russia.

"The plant’s area, including three workshops, amounts to 25,000 square kilometers, its capacity is 15,000 cabins per year, 10,000 of which are made for Volvo Trucks and 5,000 are made for Renault Trucks. The plant employs 350 people," said Senior Vice President, Olivier Vidal. 
30 November 2014

Sweden-based automotive manufacturer Volvo AB, a subsidiary of China-based Zhejiang Geely Holding, has opened a new truck cabin plant in the Kaluga region, Russia.

The firm has invested EUR 90 million in the plant, which will produce 45 per cent of component parts for the company's trucks in Russia.

"The plant’s area, including three workshops, amounts to 25,000 square kilometers, its capacity is 15,000 cabins per year, 10,000 of which are made for Volvo Trucks and 5,000 are made for Renault Trucks. The plant employs 350 people," - said Senior Vice President, Olivier Vidal.
26 November 2014
Investor
Kaluga region

Investor profile

Volvo AB

Gothenburg, Sweden

Company's website: www.volvo.com/

T: +46 31660000

Public company (NASDAQ: VOLV)

Contact: Mr Olof Persson, President and Chief Executive Officer

Volvo AB is a manufacturer of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The firm also provides complete solutions for financing and service.

Subscribe to Newsletters

Email: