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The importance of Family Businesses highlighted by the European Parliament

On the 8th of September, the European Parliament plenary adopted its initiative report entitled “Family Businesses in Europe”.

The report is the first of its kind from the Parliament and is a significant event for family companies operating within the European Union.

EESC publishes report on Family Business

On the 16th of September, the European Economic and Social Committee adopted an own-initiative opinion on ‘Family businesses in Europe as a source of renewed growth and better jobs.’ Much like the European Parliament the previous week, the report by the EESC, is another important milestone for the family business community in Brussels, as the opinion acknowledges family businesses as the backbone of many economies around the world.

EFB elects its new Chairman

On the 16th of November 2015, Alfonso Líbano was elected Chairman of EFB by its General Assembly. Alfonso Líbano comes from a family with a long history in the Family Business since the 19th Century and for the last 60 years, mostly in the Coca-Cola business.

EU project on Family Business statistics

Participating countries chosen by the European Commission to start compiling data on family businesses. Launched in 2015, the European Commission’s call for tender on ‘Statistics for Family Businesses’ will start this year.

FBN Romania joins EFB

On the 16th of September, FBN Romania formally became a member of EFB. FBN ROMANIA is an NGO established in 2012 for the purpose of assisting local entrepreneurs with the inherent family dimension of their businesses. In addition, FBN Romania was set-up to help educate owners on how best to keep the business within the family, which is a new approach for young businesses in Romania.

Written by Mihaela Harsan, Secretary General, FBN Romania