3 February 2015 – GMV has now formalised the constitution of a new UK subsidiary company to be based in the Harwell Innovation Centre in Oxfordshire in southeast England.
Almost since its very foundation GMV has worked in close collaboration with British industry, especially in space projects. In 2012, as part of this development, GMV reached a strategic collaboration agreement in the transport area with the British traffic management systems leader IMTECH PEEK for joint development of advanced fleet-management and passenger-information systems and fare-collection systems.
In 2013, as part of its ongoing policy of worldwide expansion, GMV set up a strategic business development plan in the United Kingdom. This involved the constitution of a new company, up and running since late 2014. As well as this latest firm, GMV also runs subsidiaries and offices in France, Colombia, Germany, India, Malaysia, Poland, Portugal, Romania, Spain and USA.
The main goal of the new Oxfordshire subsidiary is to draw up a long-term project to harness the business opportunities offered by Britain, with an important base of operations and added value. Emphasis will be placed on the space market, and specifically in the segment of applications, earth observation, telecommunications and new technologies.
GMV’s new UK subsidiary will be a key piece in GMV’s growth within the space sector, enabling it to transfer space technology to other sectors, and also in the local market of intelligent transportation systems for public transport. Looking to the future, GMV’s on-the-spot presence in the United Kingdom will enable it to pinpoint and exploit new opportunities in the rest of its business lines and activity sectors.