Entrepreneurship has blossomed in Poland since the fall of Communism, but it remains to be seen if these new businesses will become long-term family companies.

NEWS & ANALYSIS

A social media platform for wealthy families has targeted the same demographic that uses its service to raise €1.2 million to fund its growing advisory division and establish a new arm that will offer advice on social impact investing.

A social media platform for wealthy families has targeted the same demographic that uses its service to raise €1.2 million to fund its growing advisory division and establish a new arm that will offer advice on social impact investing.

Solaris, like many Polish family businesses, is still in its first generation, but the family behind it says there is little chance of a public listing anytime soon, as luring investors would see them take their eye off the ball of their core business – manufacturing buses.

Emma Marcegaglia, co-chief executive of her family's eponymous steel company, has been appointed chairwoman of Italy's largest state-owned company, following a shake up of state-owned firms by Italy's new centre-left government to try and change the country's masculine corporate culture.

Emma Marcegaglia, co-chief executive of her family's eponymous steel company, has been appointed chairwoman of Italy's largest state-owned company, following a shake up of state-owned firms by Italy's new centre-left government to try and change the country's masculine corporate culture.  

The generational gap between baby boomers and millennials involved in family businesses is widening due to megatrends such as climate change and new technologies, according to a PwC survey that assesses next gens’ attitudes to the family business.

Investment

A San Francisco family office that invests on principles first and profit second has entered a joint equity partnership in a social impact property development in Las Vegas, as construction picks up in the US gambling and resort city.

Almost 60% of high net worth investors feel bullish about the investment outlook over the next 12 months, according to a new survey, the highest confidence has been since the global economic crash of 2008.

Family Office

Entrepreneurial families in the UK generated approximately £540 billion (€654 billion) in revenues in 2013, adding £180 billion in gross value to the economy, and this figure is set to keep on rising, according to recent research.

Entrepreneurial families in the UK generated approximately £540 billion (€654 billion) in revenues in 2013, adding £180 billion in gross value to the economy, and this figure is set to keep on rising, according to recent research.

South African hotelier Sol Kerzner, 78, has announced his retirement from the hotel industry and the sale of a stake in his eponymous company, eight years after the death of his son and heir apparent.

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