The medium-sized companies in a country, viewed as an economic unit: there is a growing political consensus on the need to improve the flow of finance to the Mittelstand
More example sentences
- It has maintained its Mittelstand of medium-sized firms, despite the fear that the euro, over-regulation and high labour costs would kill it off.
- All of them are in competition over who can best represent the interests of big business, cuddle up to the Mittelstand (medium-sized businesses), introduce low-wage jobs and reduce employees' rights.
- The coalition document also calls for support for the Mittelstand (medium-sized business), but without providing any exact figures.
German, literally 'middle group'.