Strategically important German Mittelstand hit hard by country’s COVID-19 lockdown

More than half of Mittelstand enterprises—companies that account for almost 60 percent of the country’s jobs and more than a third of its revenues—expect their revenues to decline in the second quarter (Q2) of 2020.

German Mittelstand enterprises expect signicant turnover losses in Q2 2020.

To read the article, see “How the German Mittelstand is mastering the COVID-19 crisis,” May 20, 2020.