We have reached the final weeks of a challenging year. I would like to take this opportunity to look back at the past year and to gaze into the future and a strong 2022.
For more than a decade, HydX has delivered world-class hydraulics solutions. We partner with several well-known companies such as Danfoss Power Solutions, Parker Hannifin, Scanreco, Black Bruin, Reggina Riduttori, Bosch Rexroth and Slack & Parr. Together, we provide our customers with an extensive range of high-quality customer-specific products. We also have many motivated and competent employees who deliver a fantastic team effort in every way and every day. They ensure that we can continue to offer the excellent and long-standing co-operation that we have with our customers, suppliers and partners. This is something we are very proud of. 2021 brought us some positive news. Among other things, our owner Volito Automation AB acquired two companies, ETP Powering Solutions and Blue Pac. They are companies of the future, bringing with them flexible and solutions-oriented teams. This boosts HydX’s competence in electrification. We are one step closer to being a partner that can provide turnkey solutions and offer customers a broader range of technically advanced and sustainable solutions. We have gained a capable partner in OEM parts to collaborate with from 2022 onward.
Although we have experienced a fantastic order intake throughout 2021, from both old and new customers, we have had to face challenges of an unprecedented nature. Like many others, our industry has been affected by the pandemic. Circumstances beyond our control have strongly impacted both our delivery chains and freight, with lead times and prices rising. Thanks to a well-stocked warehouse, we have mostly been able to guarantee an excellent degree of service and delivery reliability. We have also recruited several new personnel and reorganised our in-house resources to offer us more flexibility in our operations. We are therefore heading into 2022 with a positive outlook. Together with our owner Volito, we are well prepared for the coming year and we intend to continue with the plan of attack that we have come up with together. We have a number of exciting negotiations underway, we have several interesting contracts in the pipeline and we have an exciting role to play in the prestigious Vera C. Rubin Observatory project in Chile. For more than a decade, HydX has been a flexible, reliable and innovative partner that focuses on making the job easier for our customers and suppliers. This has led to many fruitful collaborations, and we look forward to continuing our relationships with our customers, suppliers and partners over the coming years. I would like to conclude by thanking you for our excellent co-operation this past year and wish you happy holidays and a joyful New Year.
Mikael Andersson CEO HydX