State of the Union address

The European Commission President’s State of the Union address 2023, which took place on the 13 September, addressed a variety of key issues relating to the competitiveness of the EU Single Market and the twin transition. Some of the key points mentioned include: The proposals put forth by the Commission are a critical reminder of […]

SME Relief Package

On 12 September 2023, the European Commission released its SME Relief Package. This proposal had originally been proposed by Commission President Ursula von der Leyen in her 2022 State of the Union speech. This package has long been awaited by the business community. The need to reduce administrative burden, increase access to skilled labour, ensure […]

Business Transfers in Europe: What’s next?

On the 28th of February 2023, EFB co-hosted a successful SME Intergroup breakfast debate in the European Parliament in cooperation with MEPs Martina Dlabajová and Angelika Winzig and the Employers Group of the EESC, where we discussed the topic of business transfers in Europe: What’s Next? The event was held in the presence of several […]

EFB Press release: Relating to Russia’s invasion of Ukraine.

Russian Invasion of Ukraine These are unprecedented times. Over the last week, Russia has invaded Ukraine, which is an action we strongly condemn. European Family Businesses would like to first acknowledge the exceptional speed with which the EU has responded to the invasion of Ukraine. From the sanctions imposed on Russia and the support for […]

How will family businesses continue to evolve?

KPMG Private Enterprise and the STEP Project Global Consortium are joining forces for a third year to gather real-time data from family firms in a post-pandemic world to gain a better understanding of the success factors that contribute to the continuous regeneration of family businesses.  The data gathered from this survey, in combination with applied […]

Launch of the European family business report: COVID-19 edition

It is widely recognized that family businesses think in terms of quarter centuries, not the next quarter’s financial results. The importance of taking the long view is embedded from generation to generation and it is one of many distinctive characteristics of family businesses. It has also proven to be a source of their endurance. As […]

EFB Press release: European Commission VP Dombrovskis at EFB Summit 2021

Brussels, 25rd May 2021  “EU trade agenda can help European companies to accelerate their recovery from Covid-19“ Today EFB had the chance to welcome European Commission’s Executive Vice-President Valdis Dombrovskis for the official opening of this year’s EFB-Summit. With regards to the Commission’s strategy to support companies through EU recovery funds during the ongoing Covid-19 […]

Global Family Business Survey 2014

A new KPMG Global Family Business Survey 2014 ‘Family matters: Financing Family Business growth through individual investors’ examines the various possible sources of funding for family business, and explores in detail the synergies between HNWIs and family business. With the number of people who live off the family business revenue increases, additional pressure for growth […]

Europe’s family businesses optimistic, but challenges on the horizon

EFB and KPMG launch the third edition of the European Family Business Barometer, which seeks to measure the confidence levels of family-owned businesses across Europe. The outlook for family business remains positive, with confidence remaining stable at 70% (compared with 71% in June 2014). However, as was the case in the 1st and 2nd edition, […]

The European Family Business Summit

On the 25th of November, Berlin was the setting for the first European Family Business Summit. 220 Family business entrepreneurs from 14 European Union countries joined together to discuss salient political and business topics facing family businesses across Europe. Angela Merkel delivered the closing address where she underlined the positive social and environmental contribution of […]