News

For the fifth time, ETO MAGNETIC GmbH in Stockach has been awarded the TOP 100 seal as an innovation leader in the automotive supplier and electronics/electrical engineering sector. The special feature this year: ETO MAGNETIC succeeded in winning the award in the largest starting field in TOP 100 history so far.   

As a founding member of the Open Direct Current Alliance (ODCA) which was founded on November 3, 2022, ETO supports the construction of industrial direct current (DC) systems. 

Founding members of the ODCA | Picture: ZVEI 

The ETO GRUPPE plans to open a second plant in China at the end of 2023. The first Chinese ETO site in Kunshan near Shanghai has grown rapidly since its establishment in 2005 and is now reaching capacity limits again, despite its relocation only taking place in 2019. The new production site will be located in LuAn in Anhui Province, a city of one million people about six hours' drive west of Kunshan. 

Anyone who is active on social media or shops on the Internet is familiar with the tiresome logins that are required for this. E-commerce providers, search engines and social media store the personal data used to log in on so-called identity servers. Individual users hand over control of this data to companies that are often based in countries outside the EU. This means that when it comes to data protection, it is usually not the GDPR that applies, but much more lax regulations.   

Sustainability is very important for the ETO GRUPPE. Most of the more than 2,500 modules of our new photovoltaic system are already installed on the roofs of the production, technical center and administration buildings in Stockach. The installation work is expected to be completed by the end of September 2022. With an output of 1,014 kWp, around one million kilowatt hours of electricity will be generated per year in the future.