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ETO MAGNETIC GmbH, based in Stockach, Germany, has been awarded the TOP 100 seal for the fourth time. Innovations at ETO are the result of a planned approach, i.e. they are not random products and have the potential to establish themselves in the market, which was the decisive factor for the award. In particular, the innovation-promoting top management and the innovation climate convinced the jury in an independent, scientific selection process. TOP 100 is the only competition in Germany, which evaluates the innovation management and innovation successes of a company.
The Institute for Management and Economic Research was commissioned by the magazine FOCUS-MONEY and its institute DEUTSCHLAND TEST to conduct a study of the 20,000 German companies with the highest number of employees. Criteria such as training success, apprenticeship ratio, remuneration and additional offers for apprentices were examined. Baden-Württemberg-based ETO MAGNETIC GmbH was able to score at all levels and ranked third in the category of "automotive suppliers" among Germany's best training companies in 2021.
ALFRIED, a pioneering new project funded with over 11 million euros by the German Federal Ministry of Transport and Digital Infrastructure (BMVI), has started at the Friedrichshafen test area. ALFRIED stands for "Automated and Connected Driving in logistics at the Friedrichshafen test field." A consortium of 11 project partners, including the ETO GRUPPE, has joined forces until the end of June 2023 to optimize the increasing inner-city transport of goods and factory traffic by trucks with the help of Automated and Connected Driving (ACD) as part of the project. The city of Friedrichshafen is an associated partner in the project. The aim of ALFRIED is to develop a comprehensive mobility system to reduce the transport of goods between company plants. The aim is to save journeys, reduce emissions and relieve traffic in cities.
ETO MAGNETIC GmbH as an innovation-driven company with the corporate objective of ensuring sustainable growth in independence for the benefit of its employees and the region has decided to prepare a sustainability report. This is reviewed by the German Sustainability Code Office.
In the Sustainability Code, the company discloses the sustainability strategy it is pursuing and the specific measures it is taking to act in accordance with the essential and recognized industry-specific, national and international standards.
Based on the cooperation with the IOTA Foundation ETO is integrating IOTA Access to securely communicate and manage future ETO IoT-Devices.
Further information about the cooperation and the technology can be found here.