

In the 2025 financial year, the company increased its turnover to 1.85 billion euros, an increase of 6.5% compared to the previous year.

Managing Director Marc Luksch emphasizes that the future of connection technology lies in the integration of ready-to-connect systems.

Steute Technologies, backed by Battery Ventures, has acquired the industrial switching technology specialist and part of Kiepe Electric GmbH

According to the VDMA Machine Vision department, sales are expected to increase by around 3%, following a decline of 2% in 2025.

Unemployment in IT and engineering professions rose by 17.6 percent, while the total number of vacancies fell by 23 percent to 99,470.