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15.05.2017

Munich Strategy Group Counts VITRONIC Among Germany's Top SMEs

VITRONIC is crowned one of 2016's SME stars in terms of growth and revenue

Wiesbaden, May 15, 2017 – VITRONIC is among the winners in a nationwide survey to determine 2016's top 100 companies in Germany's SME sector in terms of growth and revenue.

The Munich Strategy Group (MSG) has, for the seventh time, published its ratings of the performance and excellence of companies in the SME sector in Germany. It conducted a survey of companies recording sales of between 15 and 600 million euros that have been achieving outstanding performances in their markets for a period of five years. VITRONIC took 1st place in the revenue growth category, in addition to placing 26th overall in the survey which rated some 3,500 companies in total.

"Our rating by the MSG demonstrates that our continuously high level of investment in research and development and in our global sales and services structures is really paying off", said a very pleased Dr.-Ing. Norbert Stein, CEO of VITRONIC. "We set ourselves the goal of boosting our customers' profits with cutting-edge machine vision systems. Our success is founded on our highly-qualified employees and our commitment to ongoing innovation".
Since it was established in 1984, VITRONIC, with its traffic technology, industrial automation and logistics automation business divisions, has become one of the world's leading companies in industrial machine vision.

Dr. Theopold, business manager at MSG, concluded that "the characteristics of the companies spearheading the SME sector that put them ahead of the pack are their superior strategies, a demonstrable innovative strength, a distinctive corporate culture and a high degree of employee retention".

Press contact:    

Patrick Schulze
Phone: +49 611 7152 418
patrick.schulze(at)vitronic.com

VITRONIC Dr.-Ing. Stein
Bildverarbeitungssysteme GmbH
Hasengartenstr. 14
65189 Wiesbaden, Germany

Phone: +49 611 7152 0
Fax: +49 611 7152 133