GPAINNOVA Increases its Staff by 55% and Turnover in 2021 by 47%, up to €23.2 million

Milestones of GPAINNOVA in 2021

As the new year just begun, GPAINNOVA is announcing some of its outstanding accomplishments in 2021. Even though last year was especially challenging and demanding for companies due to the coronavirus pandemic, out-of-stocks and logistic mishaps and higher energy and raw material prices, this technology group managed to meet its goals and faces the coming months as one of the leading players in its sector. A remarkable growth in terms of income and staff, the inauguration of new facilities in Barcelona and the launching of new, innovative products and technologies are some of its principal milestones.

ANNUAL TURNOVER OF €23.2 MILLION, 47% MORE THAN THE PREVIOUS YEAR

Although restrictions caused by the COVID-19 pandemic, mainly during the first quarter, GPAINNOVA increased its annual turnover from €15.8 million in 2020 to €23.2 million in 2021, which means €7.4 million and 47% more than the year before. Portfolio diversification, the fact of tripling the number of sold machines and a higher sales volume in larger and complex electropolishing machinery explains this upturn.

GPAINNOVA’S WORKFORCE INCREASED BY 55% AND NEW EXECUTIVE TEAM MEMBERS

In 2021 GPAINNOVA maintained its job creation commitment. The group hired last year 65 new professionals. New recruits increased group’s staff from 117 to 182 people, which means an annual growth of 55.5%. This figure is higher than in 2020, when 46 new employees joined the organization.

In order to consolidate GPAINNOVA’s growth, the group recruited in 2021 some of the most talented managers in its field. The first to get involved was Anna N. Schlegel, named the Most Influential Women in Technology by the prestigious US magazine Analytics Insight in 2020, and featured in 2021 as the Most Admired Woman Leader in Business by the international business magazine CIO Look. Schlegel was hired in September as Chief Strategy Advisor. In the autumn, the group named David Cosculluela, former NINCO’s CEO, as Chief Marketing Officer (CMO) to grow its international business, and Francesc Guitart, PhD in Automation Technologies, as Chief Technology Officer (CTO), and Ernest Quingles, Vice President at Epson Europe, as Corporate Growth Advisor.

ABOUT GPAINNOVA

GPAINNOVA is a technology group born in 2013 in Barcelona, with subsidiaries in Sunrise (Florida, USA), Hong Kong and Shenzhen (Mainland China) and specializing in surface metal finishing machinery, with DLyte and MURUA; medical devices with GPAMEDICAL, naval robotics with GPASEABOTS, high-performance power electronics with POWER INNOTECH and industrial adhesives with SARSCH. GPAINNOVA has a team of more than 180 professionals on staff and more than 40 engineers, 55 distributors, more than 600 clients worldwide.

For further information:

GPAINNOVA

C/ Maracaibo, 1, sheds 2-6. 08030 Barcelona

Telephone: (+34) 931 256 536

info@gpainnova.com

www.gpainnova.com

www.dlyte.com