August 5th, 2024 – Málaga, Spain – PREMO Group, a global leader in the development and manufacturing of advanced electromagnetic components, is pleased to announce the appointment of Andres Garcia as the new Chief Executive Officer. This leadership change marks the culmination of a comprehensive restructuring process aimed at enhancing the company’s focus and efficiency.

New Leadership for a New Era🚀

Andres Garcia, a seasoned executive with extensive experience in the technology and manufacturing sectors, will assume the role of CEO effective immediately.

Garcia's visionary leadership and strategic acumen are expected to drive PREMO Group toward new heights of innovation and market leadership.

Completion of Strategic Restructuring✍

PREMO Group has successfully concluded its extensive restructuring process, positioning the company to better serve its global customer base with heightened agility and focus. This strategic transformation includes the establishment of three dedicated Business Units:

• Mobility Access & Security: Providing innovative solutions for Passive Keyless Entry, enhancing vehicle security and user convenience.
• Mobility Power Systems: Offering cost-efficient, technologically advanced products for all On-Board Power Magnetics, supporting the mobility revolution.
• Advanced Passive Components: Delivering high-quality RFID and Power Components for diverse applications in Industrial, Green Energy, Medical, and Consumer markets.

Optimistic Future and Global Reach📈

With the restructuring complete, PREMO Group is poised for a bright and optimistic future. The company’s global production footprint ensures the ability to provide tailored solutions to customers around the world, maintaining a steadfast commitment to innovation, quality, and customer satisfaction.

PREMO Group remains dedicated to delivering cutting-edge solutions that meet the evolving needs of its international clientele. The newly formed Business Units will enable the company to leverage its technological expertise and market insights to drive growth and success across various sectors.