At the German SME Summit in Essen, IKA-Werke GmbH & Co. KG has been presented with an award recognizing the company as one of the most innovative medium-sized businesses in Germany. "Top 100" mentor Mr Ranga Yogeshwar honored the company with the seal of approval, IKA-Werke is "Top 100 Innovator" for the third time in a row and in 2015, reached second place in the category for companies with over 250 employees.

"Good ideas and their rapid implementation are a key competitive factor for us," said Mr René Stiegelmann, president and owner,IKA-Werke. He added, "This is why we invest a great deal of time and money in our innovation management processes. As part of this, we rely on the wealth of ideas that come from all of our employees. I would like to thank them all for helping us achieve the 'Top 100 Innovator' award."

The "Top 100" seal of approval is awarded after a two-stage review process developed by professor Dr Nikolaus Franke and his team from the Institute for Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration. Analysts investigate the innovation management processes and their success using over 100 parameters across five categories. The decision on which medium-sized company is awarded the "Top 100" seal of approval is solely made by the analyst panel.

The IKA Group is a global market leader for laboratory equipment, analytical and process technology.