SHARE
COPY LINK

BUSINESS

Night owls nab jobs at Sweden’s Volvo Cars

Volvo Cars has reintroduced night shifts at its plant in Torslanda in west Sweden, creating an extra 1,500 jobs in the company's home region.

Night owls nab jobs at Sweden's Volvo Cars
Volvo shift worker Sandra Hellgren. Photo: Björn Larsson Rosvall / TT
The first night shifts since 2008 got underway on Monday, having previously been scrapped as the firm shed staff while it weathered the financial crisis.
 
Sweden's most famous car company has changed its rota deal with production of its all new XC90 seven-seater SUV, for which it has already received close to 30,000 pre-orders. Workers will now follow a three shift pattern.
 
Volvo initially said that it would take on 1,300 new recruits but upped its recruitment by 200 thanks to an increase in line speed at the plant. 48 to 50 cars are now produced every hour.
 
The hiring move brings Volvo Cars' total employee count to 17,300 of which 13,500 are in Torslanda, close to Gothenburg.
 
“I am very pleased by the extraordinary positive reception of our new XC90 model and that we can welcome 1,500 new employees to the Torslanda plant to produce this new car”, said President and CEO Håkan Samuelsson. “This is just the start – we will launch a whole range of new cars in the coming four years, many of which will be produced here in Torslanda.”
 
More than 200 engineers are also set to be recruited this year and around 100 consultants are set to be awarded fixed term contracts.
 
The company hopes to be producing around 300,000 cars a year by 2020, compared to 200,000 today.
 
Sweden's Industry Minister Mikael Damberg visited Torslanda on Monday and said that the move was good news for the Nordic nation's economy.
 
"It's great to be here when Volvo gears up. It is important for Sweden," he told reporters.
 
Volvo has also been praised for taking on younger staff and more women as part of its latest recruitment drive.
 
44 percent of new staff are women compared with a previous figure of 23 percent across the entire workforce.
 
The Swedish automaker announced it beat its sales record in 2014, mainly due to a successful expansion in China.
 
Volvo sold 465,866 cars over the year, very slightly more than the company's previous best in 2007 and 9 percent more than in 2013.

ENVIRONMENT

Sweden’s SSAB to build €4.5bn green steel plant in Luleå 

The Swedish steel giant SSAB has announced plans to build a new steel plant in Luleå for 52 billion kronor (€4.5 billion), with the new plant expected to produce 2.5 million tons of steel a year from 2028.

Sweden's SSAB to build €4.5bn green steel plant in Luleå 

“The transformation of Luleå is a major step on our journey to fossil-free steel production,” the company’s chief executive, Martin Lindqvist, said in a press release. “We will remove seven percent of Sweden’s carbon dioxide emissions, strengthen our competitiveness and secure jobs with the most cost-effective and sustainable sheet metal production in Europe.”

The new mini-mill, which is expected to start production at the end of 2028 and to hit full capacity in 2029, will include two electric arc furnaces, advanced secondary metallurgy, a direct strip rolling mill to produce SSABs specialty products, and a cold rolling complex to develop premium products for the transport industry.

It will be fed partly from hydrogen reduced iron ore produced at the HYBRIT joint venture in Gälliväre and partly with scrap steel. The company hopes to receive its environemntal permits by the end of 2024.

READ ALSO: 

The announcement comes just one week after SSAB revealed that it was seeking $500m in funding from the US government to develop a second HYBRIT manufacturing facility, using green hydrogen instead of fossil fuels to produce direct reduced iron and steel.

The company said it also hoped to expand capacity at SSAB’s steel mill in Montpelier, Iowa. 

The two new investment announcements strengthen the company’s claim to be the global pioneer in fossil-free steel.

It produced the world’s first sponge iron made with hydrogen instead of coke at its Hybrit pilot plant in Luleå in 2021. Gälliväre was chosen that same year as the site for the world’s first industrial scale plant using the technology. 

In 2023, SSAB announced it would transform its steel mill in Oxelösund to fossil-free production.

The company’s Raahe mill in Finland, which currently has new most advanced equipment, will be the last of the company’s big plants to shift away from blast furnaces. 

The steel industry currently produces 7 percent of the world’s carbon dioxide emissions, and shifting to hydrogen reduced steel and closing blast furnaces will reduce Sweden’s carbon emissions by 10 per cent and Finland’s by 7 per cent.

SHOW COMMENTS