GMV has now set up a new subsidiary in Malaysia as part of its ongoing project of expansion abroad. GMV’s steady build-up of business in the area, especially in the aerospace and transport sectors, and also the important clients it has won there, now call for a more stable, on-the-spot presence. The new subsidiary in Kuala Lumpur, Malaysia’s biggest city, will enable it to improve its coverage and get to know the Malaysian market better as well as the market of the whole ASEAN region (Association of South East Asian Nations).

Malaysia now follows hard on the heels of the new subsidiary set up in India late last year, with head office in the financial center of Saket in the south of New Delhi, capital of India.

These two new subsidiaries will enable GMV to forge even closer bonds with its technological partners and other agents in the ASEAN region and on the Indian subcontinent. It will allow us to sound out new business opportunities in the region in sectors such as space, transport, security, healthcare and information technologies.

GMV trades in technologically advanced markets and is an international benchmark in various sectors ranging from space to intelligent transportation systems, security and ICTs; to cater for this worldwide business it has set up subsidiaries and offices in Germany, Colombia, France, the USA, India, Malaysia, Poland, Portugal and Romania.