President’s Area

As a family group we see and do things in a certain way

Javier Ormazabal Echevarria

  • President of Velatia
  • President of the Basque Business Circle

With a degree in Economics from the University of the Basque Country (UPV-EHU), he extended his studies at the London Business School and the IESE Business School..

Professional experience

Javier Ormazabal has developed his entire professional career in the Velatiafamily business, of which he is President. This industrial group, whose main brands are Ormazabal e Ikusi, has a turnover of 625 million Euros and a workforce of 3,200 people worldwide. Through the commitment of each of the people who make up of Velatia, this family group created in 1967 has become a benchmark worldwide, competing with large multinationals, thanks to its ability to integrate and specialize in network optimization, as well as its innovative solutions.

In 2017 Velatia celebrated its 50th anniversary.

He is currently the President of Velatia. In April of this year he was elected president of the Basque Business Circle and since 2015 he is a founding member of Aefame (Basque Association of Family Businesses).

He combined the activity of the previous positions with his participation in governing bodies of Associations and Institutions of recognized prestige, such as: Basque Energy Cluster, Innobasque, APD and the Biscay Federation of Metal Companies (FVEM). For six years he has been President of Tecnalia Research and Innovation.

Velatia: Javier Ormazabal Echevarria

Other relevant data

  • In 2010, Javier Ormazabal and the company he presides over were recognized by the Basque Government with the “LAN ONARI” award.
  • ESEUNE “European School of University and Business Studies” recognized him as “Master Honoris Causa (MBA)” in 2011 for his contribution to the economic and business structure.
  • In 2016, the University of the Basque Country named Javier Ormazabal “Honorary Professor”.