The BMZ Group is the winner of the Best Managed Companies Award 2024
Innovative strength for the global future: the German Green Energy System Provider BMZ
Press release
Karlstein am Main, 23. Mai 2024 – The BMZ Group, a global specialist for lithium-ion and sodium-ion battery systems headquartered in Karlstein am Main, is a Best Managed Company 2024 - recognized and valued with a seal of approval for outstandingly managed companies. The award was presented to BMZ Holding GmbH at a festive awards ceremony on the evening of May 23, 2024 in Frankfurt's Palmengarten. The Best Managed Companies award was created by Deloitte in Canada in the 1990s and is now established in more than 45 countries. In Germany, Deloitte Private, UBS, the Frankfurter Allgemeine Zeitung and the Federation of German Industries (BDI) present the award annually to outstandingly managed companies from the German SME sector. The BMZ Group, a manufacturer of innovative electricity storage solutions with around 2,500 employees and a global annual turnover of more than 600 million euros, was among this year's award winners with its very first application.
The Best Managed Companies program is a competition and seal of quality for successful medium-sized companies and pursues the vision of building a national and global ecosystem of excellently managed medium-sized companies. All medium-sized companies with a minimum annual turnover of 150 million euros that are headquartered in Germany are eligible to participate. Dr. Christine Wolter, Partner and Lead of Deloitte Private, comments on the award for BMZ: “BMZ Group is an outstanding example of a Best Managed Company that impresses with its powerful mix of vision, productivity, innovation and strong value-oriented leadership. In addition, the company has a remarkable ability to reconcile attractive work and economic growth. It is an example of how companies can make a big difference in their region.”
Evaluation in four core areas
The selection process for the Best Managed Companies Award is strict. Applicants undergo an intensive coaching process, which is characteristic of this competition. The excellence of the applicants is evaluated in four core areas: Strategy, Productivity & Innovation, Culture & Commitment and Governance & Finance. A medium-sized company that wants to become the Best Managed Company must demonstrate above-average performance in all four areas and also convince a high-caliber, independent jury with its detailed application. The BMZ Group succeeded in doing just that.
Self-image as a green energy system provider
Sven Bauer, Founder and CEO of the BMZ Group, is delighted with the confirmation of the Best Managed Company 2024 award: “All of our employees can be proud of this award. As a specialist in intelligent storage solutions, we have developed into a leading global battery expert since our foundation in 1994. Our vision is to create a green world without dependence on nuclear power, coal, gas or oil. Our self-image is that of a 'Green Energy System Provider'. We see it as our mission to promote electrification in all areas of life in order to reduce the global CO2 footprint. We therefore develop innovative products for climate protection through technological progress instead of restrictions. This innovation leadership is paying off today. Having been ahead of our time for a long time, our business is now in line with the growing global need for solutions to mitigate climate change. We are now a global player with deep expertise in booming markets.”
German innovative strength for the global future
CEO Sven Bauer also sees this vision and mission of the BMZ Group, which is so crucial today, as a central aspect of the corporate culture: “We acquire and retain our top talent primarily by offering ‘jobs with a purpose’ - we offer secure jobs that make a positive contribution to society. This opportunity to be part of something big creates immense motivation and cohesion within the workforce. The sense of togetherness has always been a priority for us, and we cultivate an open “you” culture right up to top management. Every idea is listened to and we are proud of our swarm intelligence. For example, 20 percent of our employees work in Research & Development and Innovation & Research. Accordingly, around 45 percent of our corporate profit flows into these areas. Our innovation strategy also includes radical innovations. A current example: we are currently setting the next milestone with our entry into sodium-ion cell technology under the 'NaTE' brand. While lithium-ion cell technology scores with its unbeatable energy density, sodium-ion cell technology impresses with its greater environmental friendliness and greater cost efficiency.”
Further information about the BMZ Group and its portfolio can be found here: www.bmz-group.com.
About Deloitte
Deloitte provides industry-leading audit and assurance, tax, consulting, financial advisory and risk advisory services to nearly 90 percent of the Fortune Global 500® companies and thousands of private companies. Legal services are provided in Germany by Deloitte Legal. Our people deliver measurable, long-term results that help build public confidence in the capital markets, support our clients' transformation and growth, and lead the way to a stronger economy, a fairer society and a sustainable world. Deloitte builds on over 175 years of history and operates in more than 150 countries. Find out more about how Deloitte's 457,000 employees live the mission statement “making an impact that matters” every day: www.deloitte.com/de.
About UBS
UBS is the largest global wealth manager and the leading universal bank in Switzerland. In addition to serving wealthy families, individuals and entrepreneurs, UBS offers diversified asset management solutions and focused investment banking services. With the acquisition of Credit Suisse, UBS had assets under management of USD 5.5 trillion in the second quarter of 2023. UBS supports its clients on the path to their personal financial goals with individual advice, investment solutions and products. Headquartered in Zurich, UBS is a global bank with Swiss roots operating in more than 50 markets worldwide. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
About the Federation of German Industries (BDI)
The BDI is the umbrella organization of German industry and industry-related service providers.
39 industry associations, 15 regional representations and more than 100,000 companies - listed corporations as well as medium-sized family businesses - with around eight million employees make the association the voice of German industry. The BDI is committed to a modern, sustainable and successful industry in Germany, Europe and the world.
Company contact:
BMZ Germany GmbH
Kerstin Stumpf-Trautmann
Head of Global Marketing & Communication
Zeche Gustav 1
63791 Karlstein am Main
Germany
Phone: +49 6188-9956--0
E-mail: Kerstin.Stumpf-Trautmann@bmz-group.com
Website: www.bmz-group.com
Agency contact:
Möller Horcher Kommunikation GmbH
Dr. Venera D‘Elia
Head of New Business Development
Berliner Straße 300b
63065 Offenbach am Main
Germany
Phone: +49 69-809096-48
E-mail: venera.delia@moeller-horcher.de
Website: www.moeller-horcher.de
About BMZ-Group
The BMZ Group is a global player in the development and production of cross-industry lithium-ion and sodium-ion battery system solutions. It offers the entire value chain: from the cell and the battery to second life and disposal. The BMZ Group supplies markets such as medical, power and garden tools, delivers industrial applications and, above all, sees itself as THE GREEN ENERGY SYSTEM PROVIDER. With the production of home and industrial storage systems for photovoltaic systems and batteries for electromobility, BMZ manufactures the heart of the infrastructure required for the energy and transportation transition. In view of climate change and its consequences, the BMZ Group is thus assuming its social, economic and ecological responsibility. The BMZ Group is headquartered in Germany and has further production facilities in China, Poland, the USA, North Macedonia and Brazil. In addition to subsidiaries in Japan, Hong Kong, the UK and France, BMZ also has research and development sites worldwide. The BMZ Group employs more than 2,500 people.