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News in Brief

Thursday, 9 November 2006


+++ Top ranking position for INTRACOM in R&D investment amongst all Greek companies +++

On October 5th, the European Commission published its annual report on R&D investments by the top 1000 EU and 1000 non-EU companies (2006 EU Industrial R&D Investment Scoreboard). The document summarises the key figures for the world top R&D investors, aggregating the whole set of companies and ranking them by group of top companies and industrial sectors. Company data are ranked by level of R&D investment and presented for companies, industrial sectors and countries.

The list of the top 1000 EU companies investing in R&D includes six (6) Greek companies with INTRACOM to rank first amongst them. INTRACOM is also positioned on the 306th place amongst all European companies. INTRACOM's R&D investment in 2005 amounted to € 29.08 million, which is larger than the total sum of investments from the rest five Greek companies.

INTRACOM has achieved a similar distinction in 2005 (2005 EU Industrial R&D Investment Scoreboard) and 2004 (2004 EU Industrial R&D Investment Scoreboard), where it was positioned among st the top 300 and top 200 EU companies, respectively.

The 2006 EU Industrial R&D Investment Scoreboard shows that the top 1000 EU companies increased their R&D by an average of 5.3 % in 2005. The EU maintains a high profile, with 18 of the top 50 R&D spenders and 5 of the 10 word-wide companies with the fastest R&D growth. Of the worldwide top 50, 18 are EU companies, including 5 of the 10 fastest R&D growth companies worldwide. Most of top R&D investors are from automobile & parts sector (13 companies), pharmaceuticals (11 companies) and IT Hardware (9 companies).

The EUIndustrial R&D Investment Scoreboard is published annually by the European Commission (DG RTD and DG JRC-IPTS) as part of its Industrial Research Investment Monitoring (IRIM) activity.