Latest News & Articles

30-05-2023

Prodrive Technologies Group B.V. (hereafter: ‘Prodrive’) realized a growth in consolidated revenues of 34%, to EUR 415 million in 2022. Material supply restrictions combined with high inflationary effects on materials, labor, and operating costs limited the profitability for the year. Prodrive realized a net profit of EUR 6 million in 2022, amounting to 1.5% of total revenue. Prodrive’s workforce grew from an average of 1.838 in 2021 to an average of 2.360 full-time-equivalent (FTE) employees in 2022.

25-05-2023

Prodrive Technologies announces new systems for industrial automation powered by the NVIDIA IGX Orin industrial-grade edge AI platform

02-03-2023

SCIENCE PARK EINDHOVEN, March 2, 2023 -- Today, founder and CEO Pieter Janssen of Prodrive Technologies Group B.V. and HAL Investments B.V. have agreed to acquire all Prodrive Technologies shares owned by co-founder Hans Verhagen. This transaction follows after an initial entry as shareholder of HAL Investments B.V. in 2022.
As a result of today’s transaction, the ownership interest of HAL Investments B.V. increases from 31,45% to 47,18%. The remaining shares are held by Pieter Janssen, management and employees.
Pieter Janssen, HAL Investments B.V. and management are confident and committed to proceed and invest into Prodrive Technologies’ growth trajectory and business plan.
Prodrive Technologies acknowledges the paramount contribution of Hans Verhagen as co-founder and former CEO to the company’s growth and achievements.

29-05-2022

Prodrive Technologies Group B.V. (hereafter: ‘Prodrive’) realized a growth in net sales of almost 10%, to EUR 305 million in 2021. Supply chain constraints and COVID-19 related lockdowns and sickness waves limited the targeted output growth. Prodrive Technologies’ net profit came in at 10 million euro in 2021, amounting to 3.3% of net sales. Prodrive’s workforce grew from an average of 1456 in 2020 to an average of 1838 full-time-equivalent (FTE) employees in 2021. On December 31st of 2021, Prodrive Technologies employed 2077 FTE.

17-02-2022

SCIENCE PARK EINDHOVEN, February 17, 2022 -- Prodrive Technologies, active in the research, development and manufacturing of high-tech electronics, software and mechatronic products and systems, today announced the completion of the minority investment by HAL Investments.