TPV consolidates its path towards the world’s top suppliers in the automotive industry. In addition to the historic deal with BMW, this year TPV also achieved a remarkable succes on the market with the premium car manufacturer Volvo Cars.
The acquired deals include the development and production of structural chassis and automobile bodywork with the function of supporting and protecting the electric power. This way TPV enters the field of electric vehicles even more intensively and becomes one of the key suppliers of Volvo Cars in the field of electrification, which is one of the main trends in the automotive industry. More precisely TPV is penetrating into the segment of aluminium products, introducing a range of new most advanced technologies.
The obtained projects are the result of a systematic approach to the development of the market and will consequently strenghten the market position of TPV in the coming years. These projects represent a great potential for the development of the TPV Group on global markets, as well as the expansion of existing production sites in Slovenia. TPV is planning to create more than 100 new jobs and expansion of production capacities designed as smart factories.
According to Marko Gorjup, director – president of the management, “this year TPV has achieved a record year in terms of volume of new-found businesses which represents an excellent companionship for the future. By strenthening trust and winning such important deals from leading premium manufacturers such as BMW and Volvo Cars, we strengthen our position as key development supplier in the automotive industry. I am proud of my colleagues doing exceptional work and constantly demonstrating our excellence and creating the mobility of the future by developing product for the world’s best-quality vehicles.”
Strategic cooperation with Volvo Cars represents an enormous potential for increasing the volume of operations in all key global markets where TPV appears and “… is a confirmation of the globalization strategy of the TPV Group with planned penetration in the US and China”, added Gorjup.
ABOUT TPV GROUP:
TPV Group is one of the leading development suppliers operating on the global market of automotive industry. Their core activity, whose main driver is the company TPV d.o.o., is development and production of different components for automotive industry, such as body and chassis assemblies, car seat components and parts, and engine gaskets. Moreover, they develop and provide comprehensive solutions for production logistics management, where the automated guided vehicles, which are result of their own development, are one of the key products. The company is located in five sites in Slovenia– Novo mesto, Brežice, Suhor, Velika Loka and Ptuj – and one site in Kragujevac, Serbia. They are globally recognized as a development and pre-development supplier in the automotive industry. Their development services are purchased by most demanding OEMs for their premium brands like BMW, Mercedes Benz, Volvo, Rolls Royce, Jaguar, Land Rover, Renault etc. TPV develops products which have a significant impact on the driving dynamics, safety, ecology and driving comfort.
The TPV Group is besides TPV d.o.o. composed of TPV Prikolice d.o.o., TPV Avto d.o.o. and TPV Šumadija d.o.o,, extending their field of operation to sales of new and used cars, program of comprehensive services for car users and program of light car trailers. The latter are developed and produced jointly with the German partner Böckmann. TPV is also one of the partners in the development company called SiEVA, who develops technological competencies and takes part in various research projects.
TPV Group revenue: 153 mio € (2017)
Employees: 1.205 (2017)