Record employment at small and medium-sized enterprises in Germany

NAMPA / DPA
2025-11-04
Frankfurt (dpa) - Small and medium-sized enterprises (SMEs) in Germany employed record numbers of workers in 2024 despite a difficult economic situation, a report by the KfW state development bank revealed on Tuesday. The study found that a new high of 33 million people were employed by SMEs in 2024. The term - known as "Mittelstand" in German - covers private companies with an annual turnover up to ?500 million ($575 million). Some 207,000 jobs......
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