Company succession in the construction industry

The construction industry is an essential pillar of the German economy, both in terms of its contribution to gross domestic product and overall employment. Due to the observed increase in the average age of business owners, it can be assumed that more and more entrepreneurs will be affected by succession planning in the coming years. However, to date, there has been no estimate or survey that provides reliable information on how many companies in the construction industry will be faced with succession planning in the coming years and what economic effects can be expected as a result.

Link to article