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East Europe

August 1, 2014

German family businesses are feeling the pinch from Russia’s confrontation with the West, particularly carmaker Volkswagen, who has reported an 8% year-on-year decrease in Russian sales. 

German family businesses are feeling the pinch from Russia’s confrontation with the West, particularly carmaker Volkswagen, who has reported an 8% year-on-year decrease in Russian sales.

With further sanctions on the horizon, Volkswagen, controlled by the Piech family, is just one of approximately 6,000 German family businesses operating in Russia that are expected to suffer from the incoming “level three” sanctions.

May 14, 2012

Most mid-sized family businesses in Germany have not been affected by the ongoing eurozone crisis and are instead looking to hire new employees and boost investment.

Most mid-sized family businesses in Germany have not been affected by the ongoing eurozone crisis and are instead looking to hire new employees and boost investment.

That’s according to Frank Wallau of the Institute for Small Business Research in Germany, and author of a new study that looked at around 400 family-run companies in the country turning over more than €50 million.

March 12, 2012

Economic growth in Serbia depends on the creation of “hundreds of thousands” of family businesses, the country’s president, Boris Tadic, said over the weekend.

Economic growth in Serbia depends on the creation of “hundreds of thousands” of family businesses, the country’s president, Boris Tadic, said over the weekend.

According to Belgrade-based broadcaster B92, Tadic wants Serbians to establish more family businesses in a bid to tackle the country’s unemployment problem and increase its GDP.

September 1, 2008

As consumers in Eastern Europe becomes ever more affluent, family businesses around the world are looking to the region for growth rather than cheap land and labour, says Reg Crowder

As consumers in Eastern Europe becomes ever more affluent, family businesses around the world are looking to the region for growth rather than cheap land and labour, says Reg Crowder

Family businesses are increasingly turning to Eastern Europe for growth opportunities. But it's a completely different story from what the world saw in the years following the collapse of the Soviet Union.

September 1, 2002

Poland has seen family businesses appear and disappear as the country faced invasion and communism. Now the climate has changed for the better and family firms look set to prosper

Eugeniusz Niedbala has a MSc in Management and Marketing, and is a PhD student at the Karol Adamiecki University of Economics in Katowice, Poland.

Poland has seen family businesses appear and disappear as the country faced invasion and communism. Now the climate has changed for the better and family firms look set to prosper

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