For outstanding contributions to the economy in this region the State of Baden Württemberg has bestowed the Business Medal on Dr. Ing. Ioannis Ioannidis, Spokesman of the Executive Management of FRECH Group. In her eulogy Dr. Nicole Hofmeister-Kraut (Christian Democratic Party), the Minister for the Economy, emphasized the criteria to be met this year by the winners of the medal: preservation and creation of skilled jobs, offer of apprenticeships; innovation, research and development activities, know-how transfer and efficient usage of resources. Under Dr. Ioannidis‘s leadership the FRECH Group has developed into a globally operating technology and world market leader in the field of high-pressure die casting technology.
In addition to hot- as well as cold-chamber diecasting machines the company’s portfolio today spans the complete machine periphery up to and including melting and temperature control equipment as well as robot and automation technologies. Dr. Ioannidis’s wider commitments to this industry are reflected by his work for the VDMA Foundry Machinery Manufacturers’ Association which he chairs, as well as for the VDMA Additive Manufacturing Group where he serves as a member on the Board of Management. Not long ago another prize for innovative solutions in the field of resource efficiency had already been conferred on Oskar Frech GmbH + Co. KG by the State of Baden-Württemberg.