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22 Aug, 2012

Family formula a smash hit for many German businesses – DW.DE

In spite of a handful of recent, spectacular bankruptcies by German family businesses – including drugstores chain Schlecker – such firms are generally more successful than others in Germany. Of the 2.058 trillion euros in revenues generated by Germany’s 100 biggest companies last year, family business accounted for 915 billion euros in annual turnover.

via Family formula a smash hit for many German businesses | Business | DW.DE | 21.08.2012.