AKWEL received a “Silver Award” from Jaguar Land Rover during its annual Supplier Excellence Awards ceremony held in Coventry (UK) on Tuesday 14th May 2019. Only 15 suppliers out of 3500 around the world were recognised for their extraordinary contribution to Jaguar Land Rover’s business, cost transformation and operational delivery over the course of the … Read more

AKWEL recognised by General Motors as a 2018 Supplier of the Year Winner

    AKWEL was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held Wednesday, May 15 in Detroit. During the event, GM recognized its best suppliers from 15 countries that have consistently exceeded GM’s expectations. “ We hold our suppliers to a high bar, ” … Read more

Increase in turnover of 4.6% in the 1st quarter of 2019

AKWEL has recorded consolidated turnover of €293.0m in the first quarter of 2019, an increase of 4.6% compared to the first quarter of 2018. Taking exchange rates and scope as constants, turnover in the 1st quarter of 2019 increased by 6.6%. AKWEL’s business growth this quarter was achieved in an automotive sector that is still … Read more

AKWEL achieved General Motors PRIME supplier status

In an effort to build stronger supplier relationships and capitalize on supply base innovation, General Motors rolled out an initiative in 2014 named Strategic Supplier Engagement. Select suppliers gaged buy sales volume were invited to participate in the programs final effort to move certain outstanding, innovative, and responsive suppliers to their “Prime” supplier status. This … Read more

Turnover up to €1,062.2m and current operating profit of €77.4m

In 2018, AKWEL recorded an annual turnover of €1,062.2m, up 3.7% and 9.4% on a like for like basis and at a constant exchange rate. This business growth, against the backdrop of a global automotive market that has been in decline for the first time in 10 years, particularly in the fourth quarter, arose despite … Read more

VIGO AKWEL plant is 20 years old!

AKWEL VIGO SPAIN was founded in February 1999, 20 years ago now, under the name MGI COUTIER ESPAÑA, S.L. This plant is located in Vigo, on the west coast of Spain (in Galicia), nearby the Portuguese border. The economic activity of the city is leaded by the sea (fishing industry and shipyards) and the automobile … Read more

AKWEL reports sales of €1,062.1 million in 2018

AKWEL reported record annual sales of €1,062.1 million in 2018, up 3.7% on a reported basis and 9.4% on a like-for-like basis. The AKWEL group posted sales of €262.2 million in fourth-quarter 2018, up 0.6% on a reported basis and 5.0% like-for-like. Read the press release

Inauguration of plant in Thailand

The AKWEL Group inaugurated on November 29th its first factory in Thailand, located in Rayong province, in the presence of local authorities (Hemaraj Industrial estate authority of Thailand, Rayong Free zone custom), of its customers Auto Alliance Thailand (joint venture between Ford Motor Company and Mazda Motor Corporation), and FORD Thailand and companies that intervened … Read more

Nine-month 2018 sales totalled €799.9 million, up 4.8%

Akwel achieved sales of €240.6 million in Q3 2018, up 5.1% unadjusted. In a worldwide automotive market up 1.5% over the first nine months of 2018, Akwel achieved sales of €799.9 million during the period, up 4.8% unadjusted. On a like-for-like basis, sales increased by 11.0%. Read the press release

The 25th anniversary of the Rudnik site (Czech Republic)

In October 1993, 25 years ago, Avon Rubber plc. (which would go on to become Avon Automotive then AKWEL) acquired a 65% holding in the company Rubena Náchod, specialising in rubber and based in Rudnik, a small town with just over 2,000 inhabitants in the north of the Czech Republic. At the time it joined … Read more

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