GMV (company): Difference between revisions
Undid revision 1025563743 by 82.213.205.99 (talk) No. The subsidiary does not and likely will not ever have its own page. This is the appropriate location. BTW, if you work for GMV you must disclose. |
→Alleged corruption: Changed "the company" for "Grupo Mecánica del vuelo SAU". Added "as defined by the World Bank’s Sanctions Procedures". As an employee of GMV, I feel that this information, in the way it is presented, does not accurately reflect what the press release states. I believe that when this paragraph talks about "the company" is confusing, since it seems like it's talking about GMV instead of Grupo Mecánica del Vuelo. |
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==Alleged corruption== |
==Alleged corruption== |
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In March 2021, GMV subsidiary Grupo Mecánica del Vuelo Sistemas S.A.U. was barred by the [[World Bank]] for three and a half years in connection with collusive, corrupt and fraudulent practices, relating to a sustainable city development project (in Danang, Vietnam) and the Hanoi Urban Transport Development Project, also in Vietnam. This decision makes the company ineligible to participate in projects financed by institutions of the World Bank Group for the period mentioned; the company has agreed to meet specific compliance requirements as a condition for release from debarment.<ref>{{cite news|url=https://www.worldbank.org/en/news/press-release/2021/03/03/world-bank-group-debars-grupo-mecanica-del-vuelo-sistemas-sau|title=World Bank Group Debars Grupo Mecánica del Vuelo Sistemas |publisher=[[World Bank]] |date=March 3, 2021}}</ref> |
In March 2021, GMV subsidiary Grupo Mecánica del Vuelo Sistemas S.A.U. was barred by the [[World Bank]] for three and a half years in connection with collusive, corrupt and fraudulent practices, as defined by the World Bank’s Sanctions Procedures, relating to a sustainable city development project (in Danang, Vietnam) and the Hanoi Urban Transport Development Project, also in Vietnam. This decision makes the company ineligible to participate in projects financed by institutions of the World Bank Group for the period mentioned; the company has agreed to meet specific compliance requirements as a condition for release from debarment.<ref>{{cite news|url=https://www.worldbank.org/en/news/press-release/2021/03/03/world-bank-group-debars-grupo-mecanica-del-vuelo-sistemas-sau|title=World Bank Group Debars Grupo Mecánica del Vuelo Sistemas |publisher=[[World Bank]] |date=March 3, 2021}}</ref> |
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==References== |
==References== |
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Revision as of 14:25, 31 May 2021
 | |
| Industry | High Technology |
|---|---|
| Headquarters | |
Key people | Mónica Martínez Walter (President) Jesús B. Serrano (CEO) |
| Revenue | 384,381,268.16 point in time (2023)  |
| 10,537,224.94 Euro (2023) | |
Number of employees | 3,158 (2023) |
GMV, founded in 1984, by Juan José Martinez García.[1] It is a privately owned corporate group with international presence. It has more than 2000 employees.
Areas of activity
GMV operates mainly in the following sectors:
- Aeronautics
- Automotive
- Banking and Insurance
- Cybersecurity
- Defense and security
- Healthcare
- ICT for Business
- Intelligent Transportation Systems
- Public Administration
- Space
- Telecommunications
Locations
GMV is present in the following cities and countries:
- Spain: Tres Cantos (Madrid, Headquarters), Valladolid, Seville, Barcelona, Valencia, León and Zaragoza
- Germany: Darmstadt, Weßling and Gilching
- USA: Maryland and California
- Portugal: Lisbon
- France: Toulouse
- Poland: Warsaw
- Romania: Bucharest
- United Kingdom
- Malaysia
- Colombia
Alleged corruption
In March 2021, GMV subsidiary Grupo Mecánica del Vuelo Sistemas S.A.U. was barred by the World Bank for three and a half years in connection with collusive, corrupt and fraudulent practices, as defined by the World Bank’s Sanctions Procedures, relating to a sustainable city development project (in Danang, Vietnam) and the Hanoi Urban Transport Development Project, also in Vietnam. This decision makes the company ineligible to participate in projects financed by institutions of the World Bank Group for the period mentioned; the company has agreed to meet specific compliance requirements as a condition for release from debarment.[2]
References
- ^ History of GMV. (2020). Retrieved 2 April 2020, from https://www.gmv.com/en/Company/AboutGMV/History/
- ^ "World Bank Group Debars Grupo Mecánica del Vuelo Sistemas". World Bank. March 3, 2021.