Press releases

Munich, 2017-01-02

Country Index for Family Businesses: Czech Republic overtakes Germany for the first time

Czech Republic overtakes Germany for the first time

“What the new Country Index for Family Businesses tells us is this: Germany is by no means unrivalled as a location for family businesses,” states Prof. Brun-Hagen Hennerkes, Chairman of the Foundation for Family Businesses. “11 of the 18 industrialised countries examined come off better than us in this benchmark comparison. Germany is thus only in the bottom half of the rankings.” The locations above it are usually smaller countries in Western and Northern Europe. They have either led the index since its advent in 2006 (like Switzerland, Finland and Denmark) or (like Luxembourg and the Netherlands) have gradually improved their rankings over the course of time.