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In the nationwide, intersectoral corporate benchmarking contest, the results of which have just been announced in "Wirtschaftswoche" magazine, Romaco was named runner-up in the "Process and Packaging Machinery" category. In the "Pharmaceutical Machinery" segment, the company was awarded first prize.
The Munich Strategy Group (MSG), a leading management consultant from Bavaria, conducted an empirical study to measure the innovative vitality of German SMEs in all industries. More than three thousand different enterprises participated, including twenty-five percent from the engineering sector. The 50 best innovation leaders were filtered out on behalf of "Wirtschaftswoche", the prestigious business weekly. The crucial criteria assessed were firstly business performance, in other words financial indicators and market position, and secondly parameters for evaluating the culture of innovation, such as innovation strategies and innovation processes.
Paulo Alexandre, CEO of the Romaco Group, expressed his delight at this latest success: "The award is concrete proof that we are one of the best and most innovative SMEs anywhere in Germany. It builds trust among our customers, partners and staff and it sets us apart from our competitors. Romaco's demonstrable innovative strength is the starting point for a new business model: Romaco goes beyond technology!"
Romaco took the opportunity of Interpack 2014 to introduce its new business model and corporate design.
