Honoring the Bests: WirtschaftsWoche, one of the leading business magazines in Germany, presented the Top 50 most innovative German medium-sized companies in its current November issue. And we’re in: EPC Engineering & Technologies GmbH was honored as the only Thuringian Company and is the best placed company in the Eastern part of Germany. Throughout Germany, EPC is ranked at an excellent position number 28. The business consultants of the Munich Strategy Group (MSG) analyzed available data sources from 3,500 German Medium sized enterprises for the business magazine WirtschaftsWoche. Particular emphasis was placed on whether companies distinguish themselves by constant innovations, competitive position, and economic performance such as turnover and earnings. The award has been presented since 2014.
„We’re proud to be honored as the only engineering company and technology provider by a renowned business news magazine such as WirtschaftsWoche,“ said Tim Henkel, Managing Director of EPC Group. „We and our team are ready to catch every opportunity for the development of new technologies and optimization of traditional methods. An award like this shows, that our efforts are worthwhile and we are perceived in the market.“
About the Award for „Germany’s most innovative medium-sized enterprises“
Since 2014, WirtschaftsWoche has honored the Top 50 most innovative German medium-sized companies. Every year, the Munich Strategy Group (MSG) evaluates multiple industries for the most innovative businesses in Germany. This year, MSG analyzed the income statements and presentations of 3,500 medium sizes enterprises, along with the opinions of managing directors, customers and competitors. In addition, renewal power of the companies as well as sales and profit development were taken into account. One of the decisive factors was, how the company defines new trends within the industry and the perception of competitors and media in this regard. Based on these data sources and in the opinion of the analysts. Two thirds of the criteria for the innovation score were based on innovation dynamism (the company distinguishes itself through continuous innovations), innovative reputation (the company is deemed as innovative by the market and competitors) and innovation leadership (the company leads the pack when it comes to innovation). One third of the assessment criteria looks at economic indicators like turnover and profit growth.