Cookie Consent by Free Privacy Policy website Volvo Group has completed the sale of a Chinese subsidiary holding shares in Inner Mongolia North Hauler Joint Stock
may 11, 2018 - Volvo

Volvo Group has completed the sale of a Chinese subsidiary holding shares in Inner Mongolia North Hauler Joint Stock

Volvo Group has now completed the previously announced divestment of a Chinese subsidiary holding shares in Inner #mongolia North Hauler Joint Stock Co., Ltd (NHL) for approximately SEK 1.0 billion. The divestment resulted in a capital gain of approximately SEK 0.8 billion, which will affect the #volvo Group's operating income, in the segment Construction Equipment, in the second quarter of 2018.

Further information in the press release to download