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The Power of People
10th European Family Business Summit
3rd-5th October 2024 - Rome
European Family Businesses
Is the EU federation of national associations representing long-term family owned enterprises,
including small, medium-sized and larger companies.
MILLION JOBS IN THE PRIVATE SECTOR
0
OF THE TOP-100 COMPANIES
0
%
OF TOTAL BUSINESSES
%
MILLION FAMILY-RUN BUSINESSES
0
In Europe, this unique category plays a vital role for the economy:
- Family businesses account for an important part (on average 40 – 50% of all jobs) of European private employment.
- Family businesses reinvest profits responsibly preferring equity as opposed to debt financing.
- Act as responsible owners because of their long-term strategy towards stakeholder interests, including employees, customers, shareholders and local communities.
- Transmission of family values with a high sense of social responsibility.
- Special concern for the local or regional base.
- Natural incubators of an entrepreneurial culture, they foster the next generation of European entrepreneurs.
- Stewards of social and economic capital from one generation to the next.
EFB’s main goals for a sustainable, competitive, and entrepreneurial European economy
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