The company is overall good. Trying to modernize but there is an almost insurmountable friction. It doesn't see much competition in its surroundings as the headquarters is located in a small town of 8000 inhabitants, where it is a giant with no one to look to for improvement. Plus there is very little youth as the location is highly unattractive to young people, hence a serious lack of fresh, futuristic ideas. Overall very traditional German, looking to become a 21st century force but with serious hurdles with that goal. Nevertheless, the research in the niche area of optics is world class and keeps the company highly competitive!