End of Year Message from Our CEO

2024 has been an exciting year of growth and transformation. We have onboarded new competences and expanded our service offering, while continuing to support our clients in attracting and retaining top talent across the globe. Looking back, I am proud of how we have enhanced our services to deliver even greater efficiency and cost-effectiveness in today’s dynamic global mobility landscape.

In 2024, the relocation industry has been defined by shifting workforce dynamics, economic pressures, and a heightened emphasis on flexibility and the employee experience. To address skill shortages, many of our clients are turning to solutions like rotational assignments and international hiring strategies. To maintain workforce continuity, effective global mobility programs are essential.

At Movenet, we have worked diligently to strengthen our presence in Northern Europe and the USA, and we are proud to see growing brand recognition and demand. Beyond these regions, we are excited by the rising interest amongst our customers for the Southeast Asia region, supporting mobility programs in countries such as Singapore, Thailand, and Malaysia.

We have also observed an increasing need for more intuitive digital tools to support compliance, expense management, and relocation tracking. Our Movenet Platform has been warmly received by clients and their relocating employees, eliminating cumbersome spreadsheets while improving communication, securing data, and more.

As we look to 2025, we are seeing notable growth in relocation demand from emerging industries like gaming, AI-technology, and electric vehicle manufacturers, as well as workforce movements tied to the green transition in sectors such as energy and mining. Regardless of industry or location, our mission remains the same – to deliver seamless, world-class employee relocations, combining lean and secure processes with tailored solutions to cater towards the core/flex demand across the market.

My team and I would like to express our heartfelt gratitude to our clients and their relocating employees for their trust and collaboration this year. We are also deeply grateful to our service partners for their outstanding cooperation. Lastly, I want to personally thank our employees for their exceptional work and true dedication.

Together, we have achieved so much in 2024, and we are excited to see what 2025 has in store. Let’s continue to shape the future of global mobility – together.

Happy Holidays!

Fredrik Bendroth
CEO

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