Arviem continues revenue growth

July, 2023 – Arviem continues its revenue growth with the fourth quarter in a row  into 2Q 2023 with a 41% increase compared to 2Q 2022. The cost of revenue decreases with 24%Pts in 2Q 2023 compared to 2Q 2022.  One of our main clients, a global FMCG company, has expanded the scope of its 3 years contract with an increase by 50% from the latest contract signed in 1Q 2023. Furthermore, Arviem has signed four business partnership agreements. 

Arviem appoints new Head of Operations

July, 2023 – Arviem’s Management is glad to announce the promotion of Agni Witt to Head of Operations. Agni’s success as Arviem’s Global Operations Manager serving key clients over many years, brings in-depth experience and expertise to her new role. As part of her responsibilities, Agni will lead the expansion of Arviem’s services and device portfolio to further enhance Arviem’s offering to clients. Agni’s drive for customer satisfaction and her commitment to excellence, ensures Arviem’s continuous focus on delivering value. We wish her success in her new role. Arviem’s Plan for Growth encourages promotion from within its existing talented pool of professionals, complemented by selectively recruiting new staff and expertise.

Arviem 1Q 2023 revenue increased with 38% YoY

April, 2023 – Arviem has increased its revenues by 38% in 1Q 2023 compared to 1Q 2022.
The Cost of Revenue decreased 12%Pts in 1Q 2023 compared to 1Q 2022.  Furthermore, Arviem signed a major contract for 3 years with a global FMCC company. The weighted average pipeline FY 2023 has increased by 42%.

New Arviem Inc company incorporated in the USA

March, 2023 – Arviem AG has incorporated US Arviem Inc company and our current senior Arviem USA Director will become the company’s Managing Director for North & South America. Furthermore, Arviem recruited two 2 new staff in the USA. The Arviem USA company and Arviem USA staff will boost the awareness and branding of Arviem with clients in North and South America. The USA company will enable Arviem to optimize the logistics flow of existing and new devices between the USA, Germany and China with sizeable logistics cost savings.

Arviem received ESG 2023 Award

March, 2023 – Arviem received an ESG 2023 award from CFI for its services related to carbon footprint monitoring, analyzing and reporting. ESG products, services and investments are used to encourage companies to act responsibly in their strategies, policies, and operations.

Arviem increased its performance further in 4Q 2022

January, 2023 – Arviem has increased its service revenue by another 13% in 4Q compared to 3Q.
In total, the 3Q-4Q 2022 revenues are 54% higher than 1Q-2Q 2022. Furthermore, we won in Q3-Q4 2022 140% more contracts than in Q1-Q2 2022, including three clients that we re-won and who were engaged with Arviem in 2020 and 2021. In Q3-Q4 2022 we submitted 57% more proposals than in Q1-Q2 2022 and the new proposals submitted in 4Q 2022 have a 1.3M Total Contract Value (TCV). Finally, we reduced Overhead Costs by 47% in 2022 compared to 2021.

Arviem increased its services capacity in 2022

December, 2022 – Arviem has increased its service capacity with more than 40% from January 2022 to December 2022.

Arviem launches Asian business unit in Singapore 

December, 2022 – Arviem started a new business unit of sales and operations staff in Singapore, focusing specifically on the Asian market and clients. The sales and operations staff are fluent in English, Chinese, Bahasa Indonesia and Bahasa Malaysia. Arviem expects that the business unit will contribute to extra growth in 2023 and beyond.

Arviem reports large 3Q 2022 revenue increase

October, 2022 – Arviem reports a more than 40% revenue increase in 3Q 2022 compared to 1Q 2022 and 2Q 2022.

Large increased pipeline in 3Q 2022

October, 2022 – Arviem AG has submitted nearly 40% more proposals in 3Q 2022 compared to 2Q 2022. Furthermore, YTD 3Q total submitted proposals is almost equal to FY2021 total submitted proposals. Also, the average Total Contract Value (TCV) of the proposals has been increased.

Arviem signs a financing agreement with Swiss Kineo Finance 

June, 2022 – Arviem AG has signed a multimillion financing agreement with a Swiss financial company, Kineo Finance. The impact of this agreement is that Arviem AG is able to grow its services based on market demand instead based on cash availability. Arviem plans to grow its services significantly in 2H 2022.

New Arviem board elected by shareholders

June, 2022 – During the Arviem AG AGM, the shareholders have elected, with vast majority, the new board members of Arviem AG. All board members are significant shareholders of Arviem AG. The board is determined to continue improving the performance of Arviem AG for clients, shareholders and staff.

Arviem Strategy & Solution Workshop

April, 2022 – Arviem executed a two-days Strategy & Solution workshop on April 25 & 26 in Switzerland with Management, board members, Director North & South Americas and Director EMEA and other staff participating. The outcomes of this workshop will enable Arviem to improve its services to clients and to become more efficient and effective as an organization.

Arviem board appoints the Chairman as CEO

April, 2022 – The Arviem AG board has appointed Charles Vincent as the new Arviem AG CEO replacing Stefan Reidy.

Arviem elects new Chairman Charles Vincent

January, 2022 – Arviem shareholders have elected Charles Vincent as a new independent board member of Arviem AG and the board has elected Charles as the Chairman, replacing Scott Fulton. Charles will assume his role on January 25^th 2022. The full board is convinced that Charles will contribute to a fundamental improvement of Arviem AG’s strategy, business plan, execution and performance. Beside the chairman role, is Charles also a new major shareholder of Arviem AG. Charles has worked nearly 10 years at Shell and 20 years at PwC and IBM, of which 15 years as a partner and board member responsible for more than 300 improvement projects, predominantly in the transport & logistics businesses. Recently, Charles was four years a CEO and board member of a large integrated shipping – logistics – cold chain – terminal business in South East Asia and an interim transformation director of a large European terminal.

Arviem in the press

If you are interested in reading articles about Arviem published by the media, you can dowload our summary here.