News

Our cooperation partner Swarm Logistics ranks among the top 10 start-ups in logistics. From 741 start-ups which use digital twins for the realization of their business model, the prestigious scouting platform StartUs Insights has distinguished ten companies – Swarm Logistics being one of them.    

Since the 1990s, the CHIP brand has developed from a computer magazine into one of the leading digital magazines and the largest consumer portal in Germany. With this expertise, CHIP has now determined Germany's most innovative companies together with Globis Management Consulting in terms of digitalization for the second time. The ETO GRUPPE is one of the companies honored in 2023 in the electronics category.    

For the fifth time, ETO MAGNETIC GmbH in Stockach has been awarded the TOP 100 seal as an innovation leader in the automotive supplier and electronics/electrical engineering sector. The special feature this year: ETO MAGNETIC succeeded in winning the award in the largest starting field in TOP 100 history so far.   

As a founding member of the Open Direct Current Alliance (ODCA) which was founded on November 3, 2022, ETO supports the construction of industrial direct current (DC) systems. 

Founding members of the ODCA | Picture: ZVEI 

The ETO GRUPPE plans to open a second plant in China at the end of 2023. The first Chinese ETO site in Kunshan near Shanghai has grown rapidly since its establishment in 2005 and is now reaching capacity limits again, despite its relocation only taking place in 2019. The new production site will be located in LuAn in Anhui Province, a city of one million people about six hours' drive west of Kunshan.