What's Code for "Values-Run Business" in German? Mittelstand

Published: July 8, 2019, 6:11 p.m.

b'In Germany, Austria, and Switzerland, the Mittelstand\\u2014midsize, often family-owned companies that take a longer-term view of things\\u2014make up a large segment of the economy. Like all parts of the economy, the Mittelstand aren\\u2019t immune to external forces. We spoke to Klaus Schatz, a partner at KPMG in Vienna, about the challenges facing the Mittelstand and how companies are adapting.'