By John Lee. Volvo Group Trucks is on track to grow by 30 percent in the Gulf region by 2015 on the back of a construction boom in Iraq and a strong economy in Saudi Arabia, according to a report from The National. Stefan Soenchen, business team director in Iraq, said: "The key markets are […]
By John Lee. Volvo Trucks has inaugurated joint service centres in the Iraq cities of Baghdad and Basra, reports Construction Week Online. The service centres, built in collaboration with local country distributor ZamZam Spring, will service trucks made by Volvo and Mack, part of the Volvo group. Stefan Soenchen, Iraq country manager of Volvo Trucks, […]
Iraq's state-owned General Company for Car Manufacturing has announced its intention to sign a contract with the South Korean Hyundai Company to construct a complete car manufacturing line within 3 years, reports Aswat al-Iraq. The Iraqi company has already built up special car assembly and manufacturing lines in its efforts to expand the stages of […]
Volvo Truck Corporation now re-establishes its presence in Iraq by signing an importer contract with the Iraqi company Zam Zam Spring General Trading. A Letter of intent has also been signed for delivery of 1,000 trucks to the Iraqi Ministry of Transport and its related state companies. The intention is to deliver trucks for operation […]
Iraq's Ministry of Oil has issued a tender for the supply of a 'hi-ranger cable placer' at the Doura [Daura] refinery. The tender specifies that the unit must be made by either Volvo, Terex, or MAN, and must me made in Sweden, Germany, France or Italy. Please click here to download the tender document. The […]
Swedish truck maker Scania paid $5 million in kickbacks through the U.N.'s oil-for-food program in Iraq, possibly violating both U.S. and Swedish laws, an anti-corruption investigator said on Friday, according to a report from Associated Press. Swedish prosecutor Nils-Eric Schultz told the agency he is preparing to file charges in Sweden against several company officials […]
