Otto Bock HealthCare GmbH (medical technology) is the heart of the Ottobock Holding. The company is the global market leader in the field of prosthetics. The family-run group of companies also includes Sycor GmbH (IT and communications technology), Baltic Yachts Oy Ab Ltd (yacht construction) and the Technogel® company (comfort products and industrial applications).
Ottobock, the flagship company of the group, stands for high-quality and technologically outstanding products and services in the field of medical technology. The goal of helping to restore mobility to people with disabilities, and protecting the mobility they have retained, stands behind each and every one of the company’s products. In addition to prostheses and orthoses, these encompass a wide range of manual and power wheelchairs. Furthermore, the company’s MedicalCare business unit offers extensive services for high-quality patient care and professional workshop management.
Ottobock products set standards in fittings to improve the quality of life for people with a disability. The conviction that quality of life is closely connected to a maximum of individual freedom and independence is a key concept that has been a major influence throughout the company’s history since 1919 and continues to guide the development of new products.
Technogel® uses its polyurethane-based gels to produce both semi-finished products for industrial applications as well as comfort and wellness products for consumers.
The company was founded in 1998 as a 50-percent joint venture between the Ottobock Holding and Italian company Royal Medica and has two production sites in Germany and Italy as well as a sales location in the USA. One emphasis of the wide-ranging portfolio is the area of medical technology, where the skin-friendly, pressure-relieving properties of the Technogel® material are particularly advantageous. Mattresses and cushions are a further focus in the consumer area.
Founded in 1998, the Sycor Group today is a full-range IT service provider with locations in Germany, Austria, the USA and Asia, ensuring performance on an international scale.
The company supports its customers with demand-driven IT services and solutions along the entire value chain. Depending on the requirements, individual solutions are integrated into existing systems or entirely new infrastructure and application landscapes are created. Sycor implements and operates cloud, on-premise and hybrid solutions. Its portfolio includes proprietary solutions, vertical add-ons and all services related to SAP ERP and Microsoft Dynamics 365, quality assured solutions for IT outsourcing, customer relationship management (CRM) and enterprise content management (ECM).
Sycor’s extensive expertise also encompasses unified communications, software asset management and licence procurement optimisation, security and networks, Industry 4.0, the Internet of Things (IoT) and big data. In addition, Sycor implements professional online solutions in the field of business-to-business and business-to-consumer applications with ERP or CRM integration.
Baltic Yachts, one of the leading mega yacht shipyards, specialises in high-performance carbon fibre yachts. The design, performance and technical innovations of these ships are specially tailored to customers' wishes and requirements. Baltic Yachts boasts special expertise in constructing sailing and motor yachts measuring up to 61 m (200ft), while also offering a comprehensive service and refit options around the world for any type of yacht.
The majority of the components used in the custom-made boats, including complex internal systems and interior fittings, are produced at the company's headquarters in Jakobstad, Finland.
Baltic Yachts is true to its core value "performance through lightweight construction". The company's outstanding development achievements include the RPS (Retractable Propulsion System), which significantly improves performance and manoeuvrability. The latest research and development project at Baltic Yachts is focusing on remote steering inspired by automotive technology. Thanks to these core competencies, Baltic Yachts enjoys the long-standing trust of its customers and partners around the world.
Professor Hans Georg Näder is the third generation to lead the Ottobock Holding. He took over the company in 1990 at the age of 28 from his father, Dr. Max Näder, son-in-law of company founder Otto Bock.
He has been President of the Ottobock Holding since July of 2016. During his period in charge of the group’s business operations, he increased the holding company’s sales from EUR 100 million to more than EUR 1 billion. The number of employees increased from around 1,000 to more than 8,000 worldwide. Hans Georg Näder’s era at the helm of the company has been defined by technological innovations that put people and their needs first, and by the installation of a global company network that represents fundamental values such as trust and reliability in interactions with customers and employees.
Harry Wertz has been Chief Executive Officer (CEO) of Otto Bock Holding GmbH & Co. KG since July 2016. This role was transferred to him by the former CEO, Professor Hans Georg Näder. Harry Wertz had previously been Chief Financial Officer (CFO) and Chief Executive Officer (CEO) of Ottobock HealthCare. He has been a member of the holding company’s executive board since its founding in 2001. Before moving to the company’s headquarters in Germany, he was in the Netherlands from 1984 to 1992 as CEO of the foreign subsidiary Ottobock in Benelux, founded in 1982, which he helped develop.
Our company structure is defined by numerous different players and economic action with many degrees of freedom. The resulting complex requirements and continuously changing legal and normative frameworks demand clear standards and rules for company management and in our collaboration. In order to ensure compliance with these rules Ottobock company management has introduced a compliance management system.
Code of Conduct
In principle, each and every employee of the Ottobock Holding takes responsibility for his own actions and behaviours. The values and code of conduct defined by the Ottobock Holding must be consistently taken into account in all conscience. Our interactions defined by trust, fairness and respect solidify the foundation for integrity and honesty.
By taking into account international standards for human rights, employment, environmental protection and anti-corruption, Ottobock with its code of conduct follows the universally recognised principles of the United Nations Global Compact www.unglobalcompact.org. The code of conduct encompasses the following ten principles (see download).
The reporting office serves to provide all employees, customers and business partners with the opportunity to report severe misconduct or breaches of compliance so that these issues can be resolved internally and damages to our customers or the company can be avoided in future.