Video of Commission’s President Ursula von der Leyen on the importance of family businesses at EFB Summit 2022
European Family Businesses
Is the EU federation of national associations representing long-term family owned enterprises,
including small, medium-sized and larger companies.
0
MILLION JOBS IN THE PRIVATE SECTOR
0
%
OF THE TOP-100 COMPANIES
%
OF TOTAL BUSINESSES
0
MILLION FAMILY-RUN BUSINESSES
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
Facilitate the Transfer of business
Promote the recognition of Family Businesses
Ensure the right of Business Families to choose their own Governance.
Correct the Debt Bias to strengthen the equity base
Promote Family Business Specific Education
Protect your Privacy and your Data
Transform the Green Deal by Leadership
Support the growth of mid-caps
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