Schulze: East German Entrepreneurs Have Different Concerns - Germany's succession crisis threatens 243,000 businesses by 2026
Saxony-Anhalt's government has raised concerns about economic inequality between eastern and western Germany. The state's minister-president pointed to ongoing financial gaps, while also addressing a looming crisis in business succession across the country.
A recent study by KfW Research reveals that around 243,000 medium-sized German companies lack a succession plan by the end of 2026. The issue affects firms nationwide, with no single region standing out as more vulnerable than others. In Saxony-Anhalt alone, roughly 1,000 businesses face the same problem—no successor is lined up to take over.
The minister-president emphasised that preserving mid-sized enterprises remains a top political goal. Rather than imposing strict regulations, the state aims to create 'sensible framework conditions' that support businesses without excessive interference. The contrast with wealthier western regions was also noted, where residents often receive bank calls about surplus funds—a rarity in Saxony-Anhalt.
Without clear succession plans, thousands of German firms risk closure or instability. Saxony-Anhalt's government is focusing on practical support to secure the future of its businesses. The broader challenge, however, remains unresolved for companies across the country.
