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Author:Javetski, B.
Peterson, T.
Echikson, W.
Title:Breaking into a run
Journal:Business Week
1997 : JUN 2, VOL. 3513:843, p. 18-19
Index terms:ECONOMICS
EUROPE
ECONOMIC CONDITIONS
Language:eng
Abstract:Can the growth spurt in Europe last? Heinz Greiffenberger can hardly believe it is true. Sales at his north Bavaria machine and gear company, about $100 million a year, had been seesawing as Europe struggled ti break out of the recession that hit in 1992. But he forecasts that after falling 7% in 1996, sales will soar this year by up to 15%. Other German Mittelstand companies also expect to perform better in 1997. "There's a new, more optimistic attitude", says Greiffenberger.
SCIMA record nr: 160659
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