Commissioned by WirtschaftsWoche, a leading German business magazine, the consultancy Munich Strategy has assessed the innovative strength of 4,000 medium-sized enterprises across Germany since 2011. "Knowing that Faubel has been listed among the 100 most innovative medium-sized businesses in Germany for the fourth time in a row is definite encouragement for us to continue investing time and money in ideas," explains Managing Director Frank Jäger.
Sales and profit growth were also included in the assessment, as were research expenditure and the number of product innovations. Many of the new products launched by Faubel in recent years have been developed in collaboration with SIL System Integration Laboratory GmbH in Paderborn. The technology company has been part of the Faubel Group since 2017. "All the labelling we do, which features RFID and e-paper displays, is based on the know-how of the Paderborn-based company," Jäger added.
Read the complete WirtschaftsWoche article: "The most innovative medium-sized enterprises in 2023".