There's an old saying: the more I practice the luckier I get. During my hour-long conversation with Melker Jernberg, President of Volvo Construction Equipment (Volvo CE) he returns several times to the theme of luck. It can be argued that construction has been luckier during Covid-19 than many industries, with construction mostly being deemed 'essential' by governments and work largely continuing. As construction equipment sales dropped in most of the world in 2020 the shining light and exception was China, where sales increased by double digits. Volvo CE has a strong foothold in the country, partly thanks to its SDLG joint venture, and benefited from China's strong economic performance.
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