Press releases 1998

22/04/1998 Volvos teknikpris 1998 - för fyrhjulsdrift

Volvos teknikpris 1998 har tilldelats den projektgrupp, som utvecklat Volvo Personvagnars system för fyrhjulsdrift ? All Wheel Drive. Fyra entusiaster ? Conny Börjesson, Håkan Svensson, Kent Johansson och Hans-Olof Arvidsson ? delar på prissumman, 100.000 kr.

21/04/1998 Sweden's largest industrial facility receives enviromental certification

Volvo's car plant in Torslanda with its 4,500 employees has demonstrated that it has an extremely well-organised environmental programme. With a coveted ISO 14001 certificate from the accreditation company Lloyd's Register in its pocket, the Volvo plant plans to continue its environmental commitment.

20/04/1998 Birka Service etablerar reparationsverkstad i Arboga med stöd av Volvo Aero

Birka Service övertar delar av Volvo Aeros reparationsverkstad i Arboga. Birka Service kommer där att bygga upp resurser för reparationer och driftservice av utrustning till de energianläggningar företaget underhåller.

08/04/1998 New finance company for Volvo Trucks growth markets

06/04/1998 Volvo Aero and BTM Capital form new company for leasing of aircraft engines

BTM Capital Corporation, a wholly-owned subsidary of The Bank of Tokyo-Mitsubishi Ltd, and Volvo Aero Corporation, jointly through their respective subsidiaries, Engine Lease Finance (ELF) and the AGES Group, have formed a new company for leasing of aircraft engines.

03/04/1998 Volvo Trucks becomes sole owner of its Canadian subsidiary and changes name in Canada

Volvo GM Canada Heavy Truck Corporation is buying back GM Canada's shares in the company and changing the company's name to Volvo Trucks Canada Inc. As a result, Volvo Trucks will be the sole owner of Volvo Trucks Canada Inc.

03/04/1998 Volvo Trucks inaugurates new subsidiary in Belgrade

Volvo Trucks has inaugurated a new subsidiary in Belgrade, Yugoslavia. The new company, Volvo Beograd D.O.O., will be the base for the entire Yugoslavian market for Volvo trucks and buses.

01/04/1998 Volvo Penta engines on KA-900 crane of Kato Works Co Ltd

Kato Works Co. Ltd. launced its All-Terrain Crane KA-900 with two Volvo engines at Bauma 98 International Construction Equipment Exhibition in Munich, Germany.

01/04/1998 Volvo förvärvar mark i Arendal

Volvo har via sitt fastighetsbolag Danafjord Fastigheter AB undertecknat ett avtal med Eriksbergs Förvaltnings AB om att förvärva mark och industrilokaler i Arendal i Göteborg. Avtalet innebär att Volvo förvärvar mark och industrilokaler till en köpeskilling om 180 miljoner kronor.

27/03/1998 New 30 t loader with unique load-sensing

Volvo Construction Equipment Group is entering the 30 t wheel loader class with the launch of the new Volvo L220D which features a unique load-sensing hydraulic system.

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