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Participation in external events Impact of the crisis on the Mittelstand

How did the Mittelstand perform during the two Corona years? Which challenges are the companies currently facing? What strategies are they using to cope with the crises? Dr Rosemarie Kay answered these and other questions based on the current IfM studies at the discussion group of Mittelständische Heizungsindustrie in Frankfurt am Main in mid-November.

She said turnover growth in the Mittelstand collapsed in the first Corona year, with apparent differences between sectors. The smallest and smallest companies benefited less from the recovery in 2021 than medium-sized and large companies. The shortage of skilled workers is the greatest challenge for companies - regardless of size and sector.