Big Research and Development Investment Strengthens Company’s Innovation Power
Our innovations ensure the competitiveness of our customers in every business field from machine tools to medical technology. Meeting customer requirements is our mission. During the year under review, we concentrated our efforts on expanding the product portfolio, adapting it to the needs of additional markets and regions.
Expenditures for research and development rose by 13 percent to € 135 million (previous year € 120 million) during the year under review. Our research and development rate was 7.0 percent (previous year 7.3 percent) and headcount was increased by 9.2 percent. At the balance sheet date, 927 employees (previous year 849 employees) developed new products and optimized existing ones in every business field.
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