Sweden — Peab has been commissioned to build a new workshop facility and offices in Bäckebol in Gothenburg. The customer is Volvo Lastvagnar Sverige AB and the contract is worth SEK 248 million.

Sweden — Volvo Cars to reduce energy consumption and emissions with new multi-billion SEK paint shop at Torslanda plant.

Sweden — The Volvo Group has signed an agreement regarding the sale of properties in Gothenburg, Sweden. The transaction price amounts to SEK 2.7 bn (EUR 279M) on a debt free basis and the divestment results in a capital gain of SEK 1.4 bn (EUR 145M), which is expected to impact Volvo’s operating income by the corresponding amount in the fourth quarter of 2016.