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TRACTO Paul-Schmidt-Straße 2 57368 Lennestadt, Germany https://www.tracto.com
Contact Ms Anne Knour +49 2723 688855
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TRACTO awarded as one of "Germany's innovation leaders”

(PresseBox) (Lennestadt, )
Innovative solutions for low-impact underground pipeline construction have been a key to success for the German manufacturer TRACTO since the company was founded. For its particularly high innovative strength the company has now been awarded the seal "Germany's Innovation Leader 2022" by the F.A.Z. Institute. The award is based on the results of a study conducted by the economic research institute Prognos AG on behalf of the subsidiary of the renowned 'Frankfurter Allgemeine Zeitung' newspaper. A total of 180,000 German companies, from world-famous brands to hidden champions, were examined for their innovative capacity.

The basis for determining innovative strength was the analysis of the worldwide patenting activities of the German companies studied over the last ten years. The study looked at so-called patent families, i. e. the number of patents with the same content but different inventors for over 500 fields of technology and knowledge. For the patent analyses, the study used data from the EPO Worldwide Patent Statistical Database (PATSTAT) of the European Patent Office.

Two quantitative metrics were used to identify the German innovation leaders. The metric 'leadership' assesses how strongly an invention influences other inventions. The metric 'novelty/innovativeness' is used to examine how strongly an invention can distinguish itself from previous inventions. If both metrics are depicted as axes in a coordinate system, it can be determined to what extent these criteria apply to the inventions examined. Accordingly, innovation leaders are companies that are extremely innovative, whose innovations have a significant influence on the corresponding field of innovation and who lead the innovation competition.

TRACTO was awarded as "Germany's Innovation Leader" in the category 'Earth or Rock Drilling; Mining'. For the traditionally innovative company, the award is both an incentive to further advance trenchless technology by providing innovative solutions and a nice confirmation for the inventiveness of the developers and designers of the Nodig systems "Made in Sauerland".

More on the study in German and an overview of all Germany's innovation leaders 2022 can be found online:

www.faz.net/deutschlands-innovationsfuehrer

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TRACTO

TRACTO is co-founder, designer and innovator of trenchless technology. The company with its headquarters in Lennestadt-Saalhausen/Germany develops, builds and distributes machines and accessories for the underground installation and renewal of pipes. This resource-saving and sustainable NODIG technology is applied for the construction of pipe infrastructures for water, gas, electricity, telecommunications, e-mobility and district heating, for fibre optic networks, pipeline construction and sewage disposal. Customers for these innovative systems mainly come from the civil and underground engineering sector, but also include utilities and network operators. Since its foundation in 1962 TRACTO has developed numerous ground-breaking trenchless solutions and today is the world's only full-range supplier for trenchless technology. The company with representative offices throughout Germany and sister companies in Switzerland, Great Britain, France, Australia, Africa and the USA has around 600 staff members worldwide.

Further information at www.tracto.com as well as on Facebook, Linkedin and YouTube

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.