Small and Medium-sized Enterprises

Small and Medium-sized Enterprises

That German has a special word – Mittelstand – for small and medium-sized enterprises (SMEs) is an indication of their role at the core of the German economy. SMEs – defined as having a workforce of between 50 and 500 –provide more than three quarters of all jobs and eight out of ten vocational training places.

Michael Grömling

Michael Grömling

Senior Economist for Domestic and Foreign Economic Cycles

Tel+49 221 4981-776

Mailgroemling@iwkoeln.de

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Klaus-Heiner Röhl

Klaus-Heiner Röhl

Senior Economist for Firms

Tel+49 30 27877-103

Mailroehl@iwkoeln.de

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