Volvo shrugs off falling sales to launch new investments
"The Accounting center will service our subsidies from Europe, while the IT center will cater for business from all over the world," said Tom Jorning, president of Volvo Polska. The Wrocław outlet will employ a total of 500 people, while the other center will employ 65 persons once it is ready by the end of 2006. Volvo will receive state aid for both investments. "Development will take place here, in the Central Europe," commented the president of Volvo Polska on recent headlines about falling orders for the company's trucks in Europe. He went on to say that the investment will only constitute the beginning of company's investments in this part of Europe. (Parkiet, p. 4) M.M.