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Ageing Mittelstand bosses seen as threat to German economic vitality

Tuesday, August 4, 2015 - 05:50
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Ms Schnitzler realised Strassburger Filter needed to expand beyond its established markets to survive, so she optimised filtration systems for human blood plasma and chemical uses and found new clients in Brazil.

Berlin

THE small and medium-sized, often family-owned companies that form the bedrock of the German economy are facing a corrosive problem that could undermine their future viability: too many ageing owners without heirs and averse to investment.

Elderly entrepreneurs unable or