We are constantly focussed on innovation, as part of our company positioning. This is reflected in the considerable number of R&D projects developed by Ingeteam each year, projects which then become real applications, products that meet our customers' needs and expectations.
Technology and innovation are the driving force behind our growth. 11% of Ingeteam personnel is dedicated to R&D and each year we invest more than 5% of turnover in this activity.
The importance given by Ingeteam to innovation is clearly demonstrated by the existence of a Area for Technology Development, focussed on encouraging our business units to pay ongoing attention to all technological innovations that could be of interest, and to channelling and coordinating those actions required to successfully implement new technology.