Almost none came from their Mittelstand business.
几乎没有一个来自他们的德国中小型企业的业务。
Machines that make other things are a Mittelstand speciality.
制作其他东西的机器是Mittelstand的特产。
The Mittelstand model works well, but globalisation is forcing it to adapt.
这种模式很起效,但是全球一体化正逼迫它适应新的全球环境。
Medium sized (Mittelstand) companies that account for the bulk of output have joined the exodus.
中等规模公司的产出占德国产出的大部分。
His business is typical of the Mittelstand (Germany's legion of small and medium-sized family firms).
汉格先生的业务是德国众多中小家族企业的一个典型代表。
In some respects the Mittelstand is a philosophical construct, rather than just a description of company size.
从某些方面看来,Mittelstand不仅是一种公司规模的描述,更是一种哲学概念。
This was a firm that was supposed to lend to Germany's famed legion of middle-sized companies, or Mittelstand.
就是这家公司向德国众多知名中型企业或Mittelstand放贷。
This is particularly true of the Mittelstand, the small and not-so-small companies that are the backbone of the German economy.
这在德国的中小型企业上体现的尤为明显。这些规模不太大的公司正是德国经济的脊柱。
That leaves the Mittelstand, the mid-sized firms that are the backbone of Germany's export-driven economy, most exposed to a credit squeeze.
德国的经济属于出口导向型,作为脊梁骨的中型企业大多面临着信贷紧缩。
Mr Simon's "hidden champions", mostly German Mittelstand firms, typically have subsidiaries in 24 foreign countries, offering service and advice.
Simon先生所称的“隐藏着的冠军”,包括大多数的德国小公司,通常的在24个国家拥有子公司,来为客户提供服务和建议。
But for all that, the record of the Mittelstand over the past three decades has been a history of global conquest rather than missed opportunities.
但是除此之外,这些小企业在过去三十年的事迹应该被视为征服世界的历史,而不是丢失机遇的历史。
More recently Germany fretted that a swarm of (largely American) "locusts" was devouring its Mittelstand, the private companies behind its export success.
更近的时候德国担忧像蝗虫般涌入的外国资本(主要是美国资本)会吞噬它的私人中小型企业,正是这些中小型企业造就了德国出口的成功。
Germany's much-lauded Mittelstand companies have succeeded through foresight and by specialising in the unglamorous business of making parts for complex final products.
德国备受称赞的中小型企业的成功是因为它们有远见,并在制造复杂最终产物的元部件的单调生意上有所专长。
A second reason is that the merger of two of the country's big domestic Banks, Commerzbank and Dresdner bank, is leading to a sharp withdrawal of credit from the Mittelstand.
第二个原因就是两大国内银行——德国商业银行和德累斯顿银行的合并导致对中型企业的信贷撤离。
A second reason is that the merger of two of the country's big domestic Banks, Commerzbank and Dresdner bank, is leading to a sharp withdrawal of credit from the Mittelstand.
第二个原因就是两大国内银行——德国商业银行和德累斯顿银行的合并导致对中型企业的信贷撤离。
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