Arab Today, arab today german family enterprises suffer from weak growth
Last Updated : GMT 09:22:01
Arab Today, arab today
Arab Today, arab today

German family enterprises suffer from weak growth

Arab Today, arab today

Arab Today, arab today German family enterprises suffer from weak growth

Germany child
Berlin - Xinhua

Germany's family enterprises barely increased their sales revenues in the past year, German media Der Spiegel reported on Tuesday based on a study of the Stuttgart Institute for Family (IFF).
The 50 largest German companies earned an added revenue of 938 billion euros (1,285 billion U.S. dollars) in 2013, while it was 930 billion euros one year earlier.
One reason for deceleration in growth is the strong euro, which get partly lost through the additional revenue in other currency.
Another reason is the fear of family enterprises of acquisitions, said the report.
"Many family businesses are still cautious. Such as difficulties of the Merckle family or the most risky acquisition of Continental by Schaeffler are not forgotten," said Mark Binz, Chairman of the IFF, to Der Spiegel.
Despite weak revenue growth, the number of employees in the top 50 family enterprises rose to 3.7 million people in 2013, an increase of 2.7 percent compared to the previous year.
Family enterprises are an important economic factor in Germany. According to the Federation of German Industries, 90 percent of all the four million German companies are managed by families or bearers.
Meanwhile, according to the Institute for Small Business Research, family enterprises account for more than half of all jobs in Germany.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german family enterprises suffer from weak growth Arab Today, arab today german family enterprises suffer from weak growth

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german family enterprises suffer from weak growth Arab Today, arab today german family enterprises suffer from weak growth

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday