EU funding for competence enhancement

EU funding for competence enhancement 

“Industrikompetens i väst”, a jobcentre project specialising in industrial jobs
and involving Volvo Cars, AB Volvo and several suppliers, has been granted 18
million kronor by the European Social Fund (ESF). The funds are earmarked for
competence enhancement.

Through increased cooperation, the project aims both to enhance the employees'
competence and the relevant companies' competitiveness in Västra Götaland
County. The project also aims to create structures for continued training in
joint programmes involving all the participating companies.

The training programmes will be held at Göteborg Technical College, which is
also the project applicant. About 3000 people are expected to be given the
opportunity to further improve their competence thanks to this project.

The training programmes will cover five areas: efficient production systems,
electrics and electronics, diversity and equal opportunities, new technical
developments, and basic competence in core curriculum subjects. 

Over and above these 18 million kronor, the participating companies will be
adding their own investments. The total budget for the project is thus 27
million kronor.
February 26, 2010

Journalists who would like further information, please contact
Niklas Gustavsson, Public Affairs, AB Volvo, tel+46 31 66 11 88 or +46 70
6041188

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The Volvo Group is one of the world's leading manufacturers of trucks, buses and
construction equipment, drive systems for marine and industrial applications,
aerospace components and services. The Group also provides complete solutions
for financing and service. The Volvo Group, which employs about 90,000 people,
has production facilities in 19 countries and sells their products in more than
180 markets. In 2009 annual sales of the Volvo Group amounted to about SEK 218
billion. The Volvo Group is a publicly-held company headquartered in Göteborg,
Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more
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