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Season’s Greetings 2024

As we approach the holiday season and look towards 2025, we would like to extend our thanks to all our valued customers and other business partners for your continued trust in GPV and the good co-operation throughout the year.

2024 has been yet another year characterised by changes, which have required adaptability and agility. During the year, the market has rebalanced, and this continues alongside geopolitical tensions and ongoing trade tension between the US and China. We continue to look into a soft and volatile business climate.

In an everchanging world, we are dedicated to being your stable and trustworthy partner.

Navigating Tomorrow, Together
Our theme at Electronica 2024 was “Navigating Tomorrow, Together.” We navigate the challenges and recognise the importance of having a simple and competitive supply chain.

The European economy is currently under a hard pressure and the competitiveness is challenged. We believe that, to enhance EU competitiveness, prioritisation is essential: flexible workforce policies, competitive energy solutions, and streamlined regulations to reduce administrative burdens while supporting sustainability and growth. This, we are currently addressing with European politicians.

Adapting to a Changing Market
During the year, we have proactively responded to the changing market conditions. Despite uncertainty around proposed tariffs, we are currently doubling our production capacity in Mexico to meet the growing demand in the American market. Similarly, we have expanded in Thailand and Sri Lanka, and in Europe, we have started production in our new electronics facility in Slovakia.

Read about our locations.

Commitment to Service Excellence
Our top priority is on keeping a continuously high service excellence level and securing a strong operational footprint with a state-of-the-art standardised production setup, close to your end markets. We do our utmost to ensure a fast response, high quality and to improve our on-time delivery rate.

With our wide range of services and by leveraging our engineering expertise throughout the entire lifecycle of your products, we are dedicated to being your long-term technology partner, ensuring consistent quality and reliability in every aspect of our partnership.

Read about our technology partner approach.

Looking Forward to 2025
We remain optimistic about the opportunities ahead as we are in a business supporting technology products across many industries.

As we close 2024, we once again thank you for your trust. Together, we have navigated the challenges of this year, and together, we will continue to build a more resilient future.

Wishing you a joyful holiday season and a prosperous New Year 2025.

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