GPV Slovakia

GPV Slovakia GPV Group is the second-largest European electronics manufacturing services (EMS) company. Our customers are typically among the very best in their niche.

GPV is a global customer-driven EMS (Electronics Manufacturing Services) partner. Our vision is to be the most trusted, powerful, and top-of-mind EMS partner to our customers. GPV is the second-largest EMS company with European Headquarters counting more than 8,500 employees worldwide and a turnover in 2023 of DKK 10.4 billion (EUR 1.4 billion). Headquarters in Denmark serve as base for our electr

onics, mechanics, and cable-assemblies manufacturing operations in twelve countries worldwide: Austria (2), China (2), Denmark (2), Estonia (1), Finland (1), Germany (1), Mexico (1), Slovakia (3), Sri Lanka (1), Sweden (1), Switzerland (1), & Thailand (2). GPV provides complex electronics, cable-harness, mechatronics, and box-build solutions including design and engineering as well as test development activities to customers worldwide across the high-mix EMS value chain. GPV has more than 60 years of experience within EMS, which is why we deliver timely, faultless, quality product solutions to our customers. However, our customers should expect even more. They should expect that a partnership with GPV allows them to accomplish and gain more – more time, more growth, more cash flow, more profit. We fully recognise that these words are nothing without action, and we will do our utmost to prove them in our customer relationship every day. Since 1 April 2016, GPV has been part of the Danish industrial conglomerate Schouw & Co. and since 3 October 2022, GPV is owned jointly by Schouw & Co. (80%) and Ahlström Capital Group (20%).

Q3 financial results 👇
18/11/2024

Q3 financial results 👇

Q3 2024: Keeping pace in challenging market

GPV reported sales of DKK 2.2 billion and earnings (EBITDA) of DKK 186 million for Q3 2024. A slight decline compared to the same period in the record year of 2023.

“We are in a special situation that we have not experienced before. We call it a rebalancing phase after the explosive demand for electronics products during and after the coronavirus pandemic. In 2024, we see a continued normalisation of the inventory situation and market rebalancing leading to declining demand. However, we confidently anticipate increased optimism in the industry in 2025,” says Bo Lybaek, CEO at GPV Group A/S.

Under the heading “Simplify & Optimise”, GPV has implemented changes aimed at reducing costs and increasing efficiency. Investments are lower than in previous years, and GPV has a flexible setup enabling production capacity on main general production lines to be moved between Operating Business Units to adapt efficiently to customer needs and demand.

Click here to read full press release: https://gpv-group.com/media/newsroom/interim-financial-report-q3-2024-keeping-pace-in-challenging-market/

Navigácia v globálnych zmenách a budúcnosť EMS 🌍 V zasvätenom rozhovore pre nemecký odvetvový časopis Markt&Technik sa g...
07/11/2024

Navigácia v globálnych zmenách a budúcnosť EMS 🌍

V zasvätenom rozhovore pre nemecký odvetvový časopis Markt&Technik sa generálny riaditeľ spoločnosti GPV Bo Lybaek a CBO Thomas Kaiser podelili o svoj pohľad na meniace sa globálne prostredie, rastúcu úlohu regionálnej výroby a strategickú cestu spoločnosti GPV.

Hlavné body rozhovoru:
📉 Prispôsobenie sa obnove rovnováhy na trhu: Spoločnosť GPV aktívne riadi obnovenie rovnováhy na európskom trhu a stavia na silnejšom raste v USA, čím si vytvára pozíciu na efektívne zvládnutie týchto zmien.

🌐 Rozširovanie regionálnej výroby: GPV zdvojnásobuje výrobnú kapacitu v Mexiku, čo je krok v súlade s trendom "regionálnej globalizácie", ktorý podporuje miestnu výrobu a ciele udržateľnosti.

🚀 Zameranie na inovácie: GPV zavádza transformačné technológie, ako napríklad umelú inteligenciu, aby zostala pružná a prispôsobivá v komplexnom odvetví, zabezpečila agilitu a prezieravý prístup k novým príležitostiam.

Navigating global shifts and the future of EMS 🌍

In an insightful interview with the German branch magazine Markt&Technik, GPV's CEO Bo Lybaek and CBO Thomas Kaiser share their perspectives on the shifting global landscape, the increasing role of regional production and GPV's strategic path forward.

Key highlights from the interview:
📉 Adapting to a rebalancing market: GPV is actively managing a rebalancing European market and building on a stronger growth in the U.S., positioning itself to navigate these changes effectively.

🌐 Expanding regional production: GPV is doubling production capacity in Mexico, a move aligned with the trend towards “Regional Globalisation,” which supports local production and sustainability goals.

🚀 Focus on innovation: GPV is adopting transformative technologies like AI to stay responsive and adaptable in a complex industry, to ensure agility and a forward-thinking approach to new opportunities.

09/10/2024

Ste zvedaví, čo je hnacou silou úspechu v odvetví EMS? 🚀 👇

09/10/2024

Zaujíma vás, ako idú bezpečnosť a kvalita ruka v ruke?

Od roku 2020 spoločnosť GPV znížila počet stratových úrazov (LTI) o 60 % a počet chybných výrobkov (PPM) o 65 %. V júli 2024 bola miera LTI za posledných dvanásť mesiacov rekordne nízka, a to 0,6.

"Sme presvedčení, že bezpečnosť a kvalita idú ruka v ruke, a údaje to jednoznačne potvrdzujú. Našim zákazníkom dodávame výrobky, ktoré sa používajú v mnohých kritických aplikáciách, a tu nie je priestor na zlyhanie. V neustále sa meniacom svete je stabilné a dôveryhodné partnerstvo kľúčové pre nás aj pre našich zákazníkov. Preto sa snažíme budovať dlhodobé vzťahy a k produktom našich zákazníkov pristupujeme ako k vlastným - s rovnakou mierou oddanosti a angažovanosti," hovorí Bo Lybaek, generálny riaditeľ spoločnosti GPV Group A/S.

Chcete sa dozvedieť viac o našom záväzku dodávať vysokokvalitné výrobky prostredníctvom transparentného a usporiadaného fungovania? Kliknite sem a dozviete sa to: https://gpv-group.com/a-stable-and-trustworthy-partner/

BEZPEČNOSŤ VŽDY NA PRVOM MIESTE 👇
19/09/2024

BEZPEČNOSŤ VŽDY NA PRVOM MIESTE 👇

SAFETY ALWAYS COMES FIRST

And our safety journey continues.

We have successfully increased our near miss reporting across our organisation since the launch of our first Safety Awareness Campaign in November 2023. The number of near misses has positively affected our LTI (Lost Time Injury) level, resulting in a record low level of 0.59 LTIs per million working hours in July 2024.

With the launch of a new Machine Safety Campaign in September 2024, we aim to continue our focus on near miss reporting and reduce the number of incidents related to machine safety.

“We chose to focus on the topic of machine safety after thoroughly analysing LTI history data and recognising machine safety as one of the major risk areas. Machine safety is also critical by its nature, as the potential accidents may be severe and cause significant harm to people. With a specific focus on this topic, we strive to enhance awareness but also to foster proactive safety practices that prevent accidents and ensure the wellbeing of all our people,” says Ville Pirilä, Vice President, Quality & HSE at GPV.

Part of the campaign is to promote best practices across our Operating Business Units (OBUs). By sharing best practices on registered near misses and the corrective actions, all OBUs learn from and are inspired by each other, ultimately laying the foundation for our safety culture where everyone takes responsibility on safety matters.

“Safety is not just a set of guidelines; it is a mindset that we must all adopt. This campaign is about more than just compliance - it is about creating a safe environment where everyone feels responsible for their own safety and the safety of their colleagues. By maintaining our high focus on near miss reporting and best practice sharing, we build a culture that puts safety first," says Martin Kjærbo, COO at GPV.

Learn more about safety in GPV: https://gpv-group.com/safety/

Q2 2024: Výkonnosť GPV ovplyvnili náročné podmienky na globálnom trhu.Spoločnosť GPV končí prvý polrok 2024 s očakávaným...
15/08/2024

Q2 2024: Výkonnosť GPV ovplyvnili náročné podmienky na globálnom trhu.

Spoločnosť GPV končí prvý polrok 2024 s očakávaným poklesom tržieb na 4,6 miliardy DKK a poklesom zisku (EBITDA) na 300 miliónov DKK.

"Ako sa očakávalo, rastúce globálne úrokové sadzby a opätovné vyváženie trhu viedli k nižšej úrovni aktivity. Zároveň sa podmienky na trhu stali oveľa zložitejšími v dôsledku geopolitického vývoja. Celkovo má postup USA mimo Číny a následné trhové efekty výrazný vplyv na globálny obchod. Naďalej rozvíjame našu globálnu stopu, ale využívame naše CAPEX rozumne a presúvame kapacity tam, kde je najväčší dopyt," hovorí Bo Lybaek, generálny riaditeľ spoločnosti GPV Group A/S.

Očakávania do celého roka 2024 sa znížili; prognóza predaja sa teraz pohybuje v rozmedzí 8,9 - 9,3 miliardy DKK v porovnaní s predchádzajúcou prognózou 9,1 - 9,7 miliardy DKK. Podobne sa znižuje aj očakávanie zisku (EBITDA) na rozsah 610 - 660 miliónov DKK z pôvodne očakávaného rozsahu 700 - 760 miliónov DKK.

Celú tlačovú správu si môžete prečítať tu : https://gpv-group.com/media/newsroom/interim-financial-report-q2-2024-gpvs-performance-impacted-by-challenging-global-market-conditions/?fbclid=IwY2xjawEq0DZleHRuA2FlbQIxMQABHdHKMyUlrZynbYYfqeLpjyxRYgraSnWwjk3RCNUfIShXwpRondx1ip6czA_aem_Jj0VufNTDDRLEBE4RNvTSQ

Q1 2024: GPV shows strong navigation in uncertain times👇
02/05/2024

Q1 2024: GPV shows strong navigation in uncertain times👇

Danish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has...

18/03/2024

Join GPV as ERP Business Process Consultant for our one ERP solution 👇

07/03/2024

GPV: RECORD REVENUE OF DKK 10.4 BILLION

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