Rob Boguski, President, Datest Corp.

Assel, as an Electronics Manufacturing Services provider located in Poland, we remain positive as to the outlook for 2025. This is predominantly followed by the continuous global trend of reshoring, as well as the observations that Poland remains an attractive manufacturing hub within Europe.

Furthermore, we expect that industrial markets within Europe will rebound sometime within the middle of 2025. We observe that surplus inventories across the market have already been utilized by majority of the market players and hence we believe that we shall observe a shift within the European industrial markets.

The supply chain turbulences have significantly eased, and no major constraints were observable within 2024. The lead times for electronic components have shortened and the availability remains on a good level. In conclusion as per our observations the material markets have stabilized, and we predict that such status will remain within 2025. Naturally, global tensions remain the biggest risks for stability.

Within 2025 we will continue investment programs aimed at increasing our sustainability levels with the goal to convert into green energy. Another major direction is to further digitalize our internal processes with the goal to automate and integrate administrative activities, as well a series of investments aimed to automate assembly and achieve higher level of repeatability.