GMV (company)
 | |
| Industry | High Technology |
|---|---|
| Founded | 1984 |
| Headquarters | Madrid, Spain |
Key people | Mónica Martínez Walter, President Jesús B. Serrano CEO |
| Revenue | 100 M. Euro (2009) |
10,537,224.94 (2023)  | |
Number of employees | > 1000 |
| Website | www.gmv.es |
GMV, founded in 1984, is a privately owned corporate group with international presence. It has more than 1000 employees.
Areas of Activity
GMV operates mainly in the following sectors:
- Aeronautics
- Space
- Defense
- Health
- Security
- Transport
- Telecommunications
- Information Technologies for public and private organizations
GMV in the World
GMV is present in the following cities and countries:
- Spain
- Madrid (Headquarters)
- Valladolid
- Seville
- Barcelona
- Valencia
- Canary Islands
- León
- Germany
- USA (Maryland)
- Portugal (Lisbon)
- Poland
- Republic of Korea
- Malaysia
- Romania
History of GMV
GMV was born in 1984 as fruit of the business initiative of Professor Dr. Juan José Martínez García. From the word go GMV centered on the space and defense sector, taking its first steps in fields like mission analysis, flight dynamics, control centers, satellite navigation or simulation, all areas in which GMV is nowadays a leading light internationally. It started out with a small group of engineers that won a contract for ESA's European Space Operations Centre (ESOC) in an open international tender. GMV then went from strength to strength, growing into a solid firm boasting a 100-strong staff by the late eighties.
It participated actively in ESA's first space missions and provided highly specialized services for the main international satellite manufacturers and operators. In a few short years the sheer quality of its work won GMV a cast-iron reputation in the European space sector. In 1988 it was declared to be a Center of Excellence in Orbital Mechanics by the European Space Agency.
In the early nineties GMV decided to branch out into other sectors by way of technology transfer. This gave rise to new business lines in the transport and telecommunication sectors and in the application of information technologies for the public sector and companies in general. By breaking into these new areas GMV became a trailblazer in fields like internet or satellite navigation applications, still in their infancy in those days. GMV installed the first computer firewall system in Spain and set up Spain's first SMS-Internet gateway. In the transport field GMV became a pioneer in Spain in intelligent transport systems with the development of the first GPS-based fleet tracking and management systems. The company thus began to transfer to other markets the experience built up in the space sector in control centers, geographic information systems (GIS), satellite navigation, telecommunications and data networks. It was also during the nineties that GMV consolidated its position in the defense market, especially in the fields of command and control systems, military applications of satellite navigation systems and simulation.
By the end of the nineties GMV's diversification process had been successfully negotiated and its staff had built up to almost 300. The turnover now topped 20 million euros, of which about 50% came from sectors like transport, telecommunications and information technologies.
In 2001 the founder and president of GMV, Professor Juan José Martínez García, died. This led to a change in the executive structure of the business group GMV. The presidency of the group was taken on by Dr. Mónica Martínez Walter while Luis A. Mayo Muñiz took over the responsibility for general executive management.
In the following years GMV entered upon a new stage with a twofold objective: firstly to maintain its business independence and secondly to develop a future plan that would guarantee ongoing profitable growth both in its traditional areas and the new ones. A big investment was therefore made in the development of new products and solutions in space, defense, transport and information technologies; the decision was also taken to break into new sectors and an ambitious program was unfurled for internationalizing the long-standing business lines.
As a result of this international expansion policy GMV took a crucial step forwards in 2004 with the creation of its US-based subsidiary, thus becoming a company trading in two continents. The new subsidiary focused on the US aerospace market with the aim of carving itself out a niche as a tried and trusted supplier of the US industry and institutions of the sector. In May 2005 the business group GMV confirmed its strategy of international growth and development with the purchase of a 58% stake in Skysoft, a Portuguese firm with business lines and target markets very similar to those of GMV.
GMV's new corporate identity was officially launched in September 2006, to bring it into line with the actual situation of the business group GMV. The group had by now broken into many new sectors and expanded its business internationally. To make sure the corporate brand did not lag behind this new situation we decided to carry out a thoroughgoing overhaul of the group's identity, unifying all the corporate brands under a single denomination. All the subsidiaries now have the new GMV brand as a single corporate identity.
In June 2007, GMV completed the purchase of a 66% stake in Masisvonvi, S.A., a company specializing in the design, development, manufacture and marketing of electronic fare collection systems, using cutting-edge technology. This gave it effective control of the company and ensured its right to purchase the rest of the company's capital. The inclusion of Masisconvi's ticket-issuing and –processing technology allowed GMV to round out its range of passenger transport telematics, traditionally focused on fleet management systems.
In 2007 GMV also completed the 100% purchase of Skysoft, enabling it to knit the firm's operations more closely into the group structure.