Award from the foundation Stiftung Familienunternehmen
The Refratechnik Group has once again been named in the TOP 500 of family-owned companies in Germany.
This Stiftung Familienunternehmen, a German non-profit organisation, award is presented on the basis of a study that examined the economic importance of family-owned companies. According to the results of the study, far more than half the people employed in the private German economy are employed by a family-owned company. Family controlled companies contribute approximately 46% of the national GDP, which corresponds to €1,104 billion. What was particularly highlighted in the study was the fact that family owned and controlled companies are very innovative, their high levels of employee retention, as well as their comparatively high rates of own capital compared to public limited companies.