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Best Innovator Romaco's New Business Model Beyond Technology Makes its Debut at Interpack

Published June 12, 2014
The Romaco Group is one of Germany's best 50 innovators among small and medium-sized enterprises. 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.

Romaco Group
Romaco is a leading global supplier of processing and packaging equipment. Divided into two business areas for Tableting and Packaging, the company develops system solutions for the pharmaceutical, cosmetics, food and chemical markets. The engineering specialist, headquartered in Karlsruhe (Germany), operates at three European locations with seven brands spanning multiple industries: the Noack, Siebler, Bosspak, Macofar, Promatic and Unipac packaging product lines are manufactured in Karlsruhe and Bologna (Italy). Kilian Tableting of Cologne (Germany) is responsible for Tableting. The product portfolio of this single-source supplier includes primary and secondary packaging, aseptic liquid and powder filling and tablet press technologies. Over 32,000 installations built by Romaco are currently in use in more than 180 different countries. Around 450 staff support, and supply to, customers all over the world.

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