Volvo Romania, strategic move

After having invested 7 million euros during its ten years on the Romanian market, Volvo Truck Corporation, controlled by Swedish Volvo Group, has finally set up Volvo Romania. “Having our own company in Romania is part of our development strategy for Europe,” Volvo Romania general manager Torbjorn Wilson said. He added the decision was due to the high truck sales volume registered thus far, as more than 4,500 heavy trucks (above 18 tonnes) had been sold since 1990. Volvo Group has been operating in Romania through Autocamioane Company since 1990 and through a representative office opened in 1997. ZF