Investment in the development of new products

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The investment in development of new products is defined as expenses/activities related to research, development and launch of new products. This is indexed in relation to the annual turnover. 

This indicator increased by 10% in 2011 (to 5,8% of the annual turnover). This is a new record number in both relative and absolute terms, showing that Grundfos invests in the future.

 





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