VOLK Wins VR Innovation Award From One of the Leading German Banking Groups

<H1>Herzlich Willkommen bei VOLK Fahrzeugbau GmbH!<H1> Fahrersitzwagen und Fahrersitzschlepper mit Elektro-, Diesel-, Hybrid- und Treibgasantrieb für den Einsatz in der Industrie, auf Flughäfen und im kommunalen Bereich.


	VOLK wins VR Innovation Award

from one of the leading German banking groups

Stuttgart, 8.11.2004 – For the third time within one year, VOLK’s innovation performance was honored with an innovation award. After the company had previously re-
ceived the renowned Dr.-Rudolf-Eberle Innovation Award of the State of Baden-Württemberg and the WIR Innova-
tion Award of the administrative district of Ravensburg, VOLK was also presented with the VR Innovation Award of the Volks- and Raiffeisenbanken, one of the leading German banking groups.

The award was presented by the State Secretary Prof.
Dr. Wolfgang Reinhart and GENO President Erwin Kuhn at a business symposium held by the VR banking group. About 1.000 entrepreneurs attended this event in Stutt-
gart.

VOLK was given the award endowed with 10.000 euros for the newly developed hybrid tow tractor HFZ 20 N.
This tow tractor, which is primarily used as a baggage tow tractor on airports, features innovative drive techno-
logy and a patented modular design. Since the award




	VOLK Managing Director Lutz Baur at the award ceremony in Stuttgart – Next to him on the right State Secretary Prof. Dr. Wolfgang Reinhart from Baden-Württemberg’s Department of Trade and Industry and GENO President Erwin Kuhn

was to be given in recognition of not only technological aspects of an innovation but also for commercial success achieved with this innovative product, the highly distinguished jury was absolutely convinced by the VOLK Hybrid Tow Tractor. Already in the year of the new product’s introduction on the market, VOLK almost doubled its turnover. New hires and many extra shifts were required to handle the increased order volume. This special distinction shows that VOLK is one of most innovative medium-sized companies in Baden-Württemberg and also on the right track as an enterprise, GENO President Erwin Kuhn pointed out in his laudatory speech.

With the VR Innovation Award conferred now for the fifth time, the cVR banking group wants to publicize the future-
orientedness of medium-sized businesses and honor especially imaginative and successful entrepreneurs at the same time. Entrants to the competition included medium-sized companies based in Baden-Württemberg, with a maximum turnover of 100 million euros and not more than 500 employees.


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