VIDEOWORKS: SERVING THE YACHTING SECTOR WORLDWIDE

  • 25 years at the forefront of onboard technological solutions
  • Videoworks Europe BV turns 7 years old
  • Value of production & profitability up year on year
  • Cybersecurity ISO:27001 certification
  • New Health Remote Monitoring technology showcasing at METS2023

As 2023 and the 25th anniversary of Videoworks draws to close, the Videoworks team will be out in force at METS2023 (stand number 10.111). Officially founded in 1998 in Ancona, the tech company has continued to evolve and expand to become a truly international presence. In particular, Videoworks Europe BV was set up in 2016 in the Netherlands. This strategic step underlined the company’s determination to serve the yachting sector worldwide, including the exclusive Dutch market.

The numbers speak for themselves:

Financials

  • Forecasted VoP 2023: +5% vs 2022
  • VoP Videoworks Europe BV 2023: >25% of the group VoP
  • VoP 2022: +29% vs 2021
  • CAGR 2021-2023: +18%

Projects:

  • Projects delivered since year of foundation: 850+
  • Yachts delivered 2020-2023: 168
  • Ongoing yacht projects: 99

Personnel:

  • Avg 2023: 110 people (Group)
  • Avg Videoworks Europe BV: 16 people

“Videoworks has worked to increase continuously our efficiency, to provide quality and to absorb temporary peaks and our overall capacity runs at 80%,” says Videoworks CEO Maurizio Minossi. “The value of production for the current financial year stands at 26 million euros, thus we have recorded an average of 18% per year since 2021, a result obtained thanks to the constant commitment of the entire team. The results of the last three years have consolidated the global dimension of the Videoworks group and confirmed the strategy consistently pursued since 2016, the year in which we opened the office in the Netherlands, followed by the offices in the US, France and Turkey. For the future we will continue to follow our philosophy focused on techno