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Annual Report - Miba

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Technological leadership<br />

strengthened<br />

Our development teams focus on future trends from an<br />

early stage onwards and are one step ahead of our<br />

competitors. In this manner, <strong>Miba</strong> promotes innovation in<br />

its markets. Our unique knowledge advantage allows us to<br />

provide customer-specific and cost-efficient solutions.<br />

Research and<br />

Development<br />

In the 2004/05 fiscal year, <strong>Miba</strong> invested 11.3 million EUR<br />

in research and development. This represents a research<br />

quota of 3.5% of sales. According to a study by the EU Commission, <strong>Miba</strong> is one of the<br />

top 500 most research-intensive corporations in Europe and among the top ten of the<br />

most research and development oriented corporations in Austria.<br />

In the previous fiscal year, the main focus of <strong>Miba</strong> Sinter Group’s R&D activity was on the<br />

sectors engine gear wheels, variable valve control and components for all-wheel drives.<br />

One of the new developments is a sinter process for the powder metallurgical production<br />

of gear wheels for camshaft drives. It was registered as a trademark under “Densgrad<br />

TM”. In October 2004, <strong>Miba</strong> was awarded the “Innovations in Powder Metallurgy Award<br />

2004” for this process at the World Congress of Powder Metallurgy in Vienna.<br />

In the field of research and development, <strong>Miba</strong> Bearing Group is working on new, more<br />

cost-efficient processes and materials for surface coating engine bearings. An additional<br />

strategic focus is on applications technology and engineering in the sector of heavy-duty<br />

commercial vehicle engines.<br />

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