
Mittelstand
The Mittelstand refers to a group of small and medium-sized enterprises (SMEs) in Germany that are typically family-owned, focused on specialized products or services, and operate with a long-term perspective. These companies are known for their strong craftsmanship, innovation, and close relationships with customers and communities. While individually smaller than large corporations, collectively, the Mittelstand forms a vital backbone of the German economy, driving employment, technological progress, and regional stability. Their resilience and expertise often result in high-quality products, making them respected both nationally and internationally.