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Volvo postpones annual general meeting

truck manufacturer is referring to the one providing the voice gives the company more time to evaluate the economic impact of the viruskrisen. ”We are followi

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Volvo postpones annual general meeting

truck manufacturer is referring to the one providing the voice gives the company more time to evaluate the economic impact of the viruskrisen.

”We are following the board closely on the very difficult situation in which the world finds itself in the impact on the Group, and then the demand for the company's products and services,” said Carl-Henric Svanberg in a statement.

it has been harshly criticised, on the basis of the board of directors ' proposal on the dividend. The board of directors subsequently chose to withdraw the proposal for an extra dividend, but the proposed ordinary dividend is maintained. The decision was adopted at the annual general meeting at the beginning of april. The annual general meeting shall be in accordance with applicable law, to be held no later than the 30th June of that year.

AB Volvo (publ) decided on Friday to lay off staff in Sweden, on the basis of the coronakrisen. The decision will affect about 20,000 employees, in addition to about 5000 consultants have been made redundant.

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