Swedish EMS declines in 2024 – top ten dominate the market September 04, 2025 The Swedish EMS market declined 3% in 2024, both in SEK and in EUR, according to data from the Global Electronics Association and market analyst firm in4ma. The ranking of Sweden’s largest EMS providers was presented on September 4 during Evertiq Expo Gothenburg as part of the keynote "EMS-Industry, we have a Problem".
Top 15: Swedish electronics manufacturing – the industry behind the industry May 15, 2025 Sweden’s largest providers of electronics manufacturing services (EMS) dominate the domestic market. A review of their 2023 financials reveals an industry that is geographically concentrated, technically advanced, and deeply integrated into the country’s industrial landscape.
GPV reports 5% drop in Q1 revenue – optimises its footprint May 07, 2025 Denmark-based EMS provider GPV has had a satisfactory start to 2025. The electronics manufacturer generated sales of DKK 2.2 billion (EUR 294.8 million) in the first quarter of 2025, against DKK 2.3 billion (EUR 308.2 million) in the same period last year, a YoY decrease of 5%, in line with expectations.
GPV increases its involvement in the defence sector April 15, 2025 With geopolitical tensions continuing to rise, focus on defence and security has intensified. In response, EMS provider GPV is increasing its involvement in defence activities.
GPV’s latest Slovakia factory is up and running April 02, 2025 EMS provider GPV has strengthened its operational capabilities with its new electronics factory in Piestany, Slovakia, now up and running. The 11,000-square-meter facility was prepared for production throughout 2024 and is now fully operational.
Breaking down the Nordic EMS market – a top 10 list March 27, 2025 The Nordic EMS industry is thriving, with over 74 companies in Sweden, 39 in Finland, 28 in Denmark, and 17 in Norway competing for market share. As the industry experiences continued growth, fuelled by continuous innovation and a changing technology landscape, the top players are cementing their dominance.
GPV wraps up extensive overhaul of electronics factory in Thailand December 12, 2024 Danish EMS provider GPV has completed a major reorganisation of its former mechanics factory in Thailand, transforming the facility into a 22,000-square-meter hub for electronics manufacturing.
GPV: "We have been excellent at adapting to the market situation" November 13, 2024 Danish EMS provider GPV reported sales of DKK 2.2 billion (EUR 294.92 million) and earnings (EBITDA) of DKK 186 million (EUR 24.93 million) for Q3 2024. This was a modest dip from the same quarter in the record year of 2023. Thus, GPV kept up in a worldwide market characterised by ongoing market rebalancing and declining end-customer demand.
GPV moves SMT line from Estonia to Mexico September 26, 2024 In September 2024, EMS provider GPV installed an additional SMT line at its electronics factory in Guadalajara, Mexico, after transferring the SMT line from the company's electronics factory in Elva, Estonia.
Exclusive: Europe’s biggest EMS players September 19, 2024 Top 25 list of EMS companies in Europe only on Evertiq. Respected industry analyst Dieter G. Weiss of in4ma and IPC have prepared a TOP 25 list that includes European EMS firms and global players in Europe.
GPV reports 14% drop in sales amid ‘rebalancing of market’ August 16, 2024 The Danish-based EMS firm generated sales of DKK 4.6 billion in H1 2024 compared to DKK 5.4 billion in the same period last year.
GPV's biggest electronics plant just got bigger May 07, 2024 On 6 May 2024, Bjorn Fiskers, MD at GPV Electronics TH in Thailand and his team were handed the keys to the company's refurbished factory building, adding another 7,000 square metres to the current 15,000 square metre electronics factory.
Expected drop in sales for GPV during 1Q24 May 02, 2024 Danish EMS provider GPV recorded an expected drop in sales to DKK 2.3 billion (EUR 335.2 million) during the first quarter of 2024, a 13% drop from DKK 2.7 billion (EUR 362.0 million) during the same period last year.
Asia still dominates among EMS providers April 16, 2024 According to Manufacturing Market Insider's (MMI) annual overview of the world's largest EMS providers, the top 50 companies generated USD 423 billion in revenue.
GPV: "we are pleased with our 2023 results" March 05, 2024 Danish EMS provider GPV grew its revenues to DKK 10.4 billion (EUR 1.39 billion) in 2023 and achieved an operating profit (EBITDA) of DKK 743 million (EUR 99.68 million).
GPV officially opens its new electronics factory in Sri Lanka December 15, 2023 Danish EMS provider GPV has officially opened its latest expansion project in Sri Lanka, a brand-new factory, adding thousands of square metres to its footprint.
GPV adds new equipment to Danish operations November 27, 2023 GPV has invested in new machinery at its Danish electronics site – elevating its operational efficiency.
Continued high activity for GPV in Q3 November 16, 2023 Danish-based EMS GPV reported sales of DKK 2.5 billion (EUR 335.16 million) in the third quarter and an EBITDA of DKK 197 million (EUR 26.41 million), a clear increase compared to the same quarter last year.
GPV's electronics factory in Slovakia progressing as planned November 06, 2023 Construction at Danish EMS provider GPV's new electronics factory in Piestany, Slovakia, is progressing according to the plan.
Strong performance prompts GPV to once again raise its outlook for 2023 August 16, 2023 Danish-based EMS provider GPV, once again raises its outlook for 2023. In the second quarter of 2023, the company achieved record revenue of DKK 2.7 billion (EUR 362.3 million) and EBITDA of DKK 189 million (EUR 25.3 million).
GPV continues to grow, adds another factory in Slovakia June 26, 2023 In June 2023, EMS provider GPV entered a lease agreement with the aim to establish a new electronics factory in Slovakia.
GPV reports record high revenue in 1Q23 May 04, 2023 The Denmark-based EMS provider generated record-high revenue of DKK 2.7 billion (EUR 362.4 million) in Q1 2023. The combination with Enics, capacity expansions and increased sales to customers were the main drivers to the growth and extending the string of record quarterly performances.
MMI: Global top 50 EMS companies surpassed $457 billion in revenue April 11, 2023 In 2022, Top 50 EMS sales accounted for USD 457 billion in revenue – an increase of USD 40 billion, or 9.5%, from 2021, reports Manufacturing Market Insider (MMI).
GPV completes the first of the two construction projects in Thailand March 27, 2023 On 17 March 2023, Bjørn Fiskers, MD at GPV Mechanics TH in Thailand and his team were handed the keys to the new 12,000-square-metre mechanics factory in the country.
GPV exceeds expectations – ends 2022 on a strong note March 03, 2023 EMS provider GPV generated revenue of almost DKK 6 billion (EUR 806 million) in 2022, exceeding its expectations for the year.
10 events that defined the industry in 2022 December 28, 2022 2022 has been, just like the years before it, a special year. Supply chain issues, geopolitical tension and the resurgence of the pandemic has kept the industry on its toes.
GPV increases revenue and raises full-year outlook November 11, 2022 GPV, continues its growth journey, reporting record revenue of DKK 1.15 billion (EUR 154.5 million) for the third quarter. The positive performance leads GPV to raise its guidance for 2022 once more.
GPV and Enics are now one October 03, 2022 The merger of Danish GPV and Swiss-headquartered Enics has officially been completed.
GPV is making progress on Sri Lankan expansion September 02, 2022 The expansion of the GPV electronics factory in Sri Lanka is progressing according to schedule and by mid-August 2022, the expansion is approximately 40% complete.
Another strong quarter for GPV – raises its outlook August 17, 2022 Danish EMS provider GPV continues to report growth. The company is reporting a second-quarter revenue increase of 49% compared to the same period last year.
GPV is making progress at its new Thai mechanics factory August 16, 2022 The manufacturer says that the construction of its new mechanics factory in Thailand is rapidly progressing. As of July 2022, the piling of the new mechanics factory in Thailand has been completed.
GPV and Enics merges – creating a new European EMS giant June 22, 2022 Danish EMS provider GPV is merging with Swiss-headquartered EMS provider Enics. The transaction values the combined business at more than DKK 4 billion (EUR 537.7 million).