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Mittelstand
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Mittelstand

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thumb|Representation of the supporting role of the Mittelstand in Walter Woldemar Wilhelm|Walter Wilhelms (Mission of the Mittelstand, 1925)

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Mittelstand
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~17 min read

Article

13 sections
Contents
  • Characterization
  • Germany's business 'landscape' and the role of the Mittelstand
  • Defining the term ''Mittelstand''
  • Geographical distribution
  • The Mittelstand explained
  • Management model "Made in Germany"
  • Financial success of the Mittelstand
  • Britain's Mittelstand
  • Mittelstand's main sectors
  • Industrie 4.0
  • Notes
  • References
  • External links

thumb|Representation of the supporting role of the Mittelstand in Walter Woldemar Wilhelm|Walter Wilhelms (Mission of the Mittelstand, 1925)

'''' (; composed of Mittel- for "middle" (adjectivally) and Stand'' for "class") commonly refers to a group of stable business enterprises in Germany, Austria and Switzerland that have proved successful in enduring economic change and turbulence. The term is difficult to translate and may cause confusion for non-Germans. It is usually defined as a statistical category of small and medium-sized enterprises (SMEs; or ) with annual revenues up to 50 million Euro and a maximum of 500 employees.

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