HDH Group Research

Reports on the German Mittelstand

Empirical studies on the complete population of German corporations: on the generational question in management, on insolvency and liquidation, on incorporations, on group affiliation and on the composition of leadership, together with studies on the energy transition, healthcare and real estate. Every figure is calculated as of a fixed reference date, every definition is disclosed.

Where the holding companies are based

Holding companies in German municipalities and districts: strongholds, formation trend, structure and residence of management

In which municipalities almost every second company is a holding company, why one in five new incorporations is now a holding company, and from where these companies are managed.

Also available as PDF

Managed from abroad

German corporations with management resident abroad: countries of residence, incorporations since 2022, industries and regions

How many German companies are managed by people resident abroad, from which countries, in which industries and regions, and what has changed since February 2022.

Also available as PDF

The new waves of incorporation

Artificial intelligence, defence, drones, battery storage and heat pumps: incorporations of German corporations by theme, 2018 to 2026

Which themes have shaped incorporations since 2018, where the new waves are emerging and which are already subsiding, measured by the corporate purpose of every new company.

Also available as PDF

The generational question in the German Mittelstand

Age structure of management and state of succession in German corporations

How old the management of German companies is, where the handover is most pressing and in which businesses a next generation is already in place.

Also available as PDF

Insolvency and liquidation of German companies

Insolvency cases of the past twelve months by industry, region, age, capital, legal form and management

Where insolvencies cluster, which companies they affect at what age, and what role capital, legal form and the composition of management play.

Also available as PDF

Incorporations in Germany

Annual cohorts of German corporations by legal form, capital, industry, region and founder profile

How many corporations are formed each year, with what capital, in which industries and regions, and who founds them.

Also available as PDF

Group affiliation and shareholding structures

Domination and profit transfer agreements, parent companies, holding companies and transformations in the German corporate population

How densely German companies are linked by contract, which parent companies bind the most subsidiaries and how widespread holding and transformation structures are.

Also available as PDF

Who runs Germany's companies

Management, registered power of attorney and representation, multiple mandates, residence and proximity to the company

How the management and representation of German companies is composed, how many people run several businesses at once and how far they live from their company.

Also available as PDF

The companies of the energy transition

Solar, wind and biogas companies: waves of incorporation, regions, stages of the value chain and management

How many corporations plan, build and operate solar, wind and biogas installations, when they were formed and where they have their registered office.

Also available as PDF

Hospitals, medical care centres and care services

Structure, ownership, management and insolvencies of the companies in the German healthcare sector

How many corporations operate hospitals, medical care centres, practices and care services, how strongly they are bound into groups and where the insolvencies of recent years occurred.

Also available as PDF

Property companies and the interest rate turnaround

Incorporations, structures and insolvencies in real estate before and after the interest rate rise of 2022

How the interest rate turnaround has slowed the formation of property companies, which segments are recovering and where the insolvencies of property developers are concentrated.

Also available as PDF

Open dataset

Every figure, open to verification

The tables behind these reports are available as an open dataset: aggregated by federal state, industry, legal form and time, with a persistent identifier and under the CC BY 4.0 licence. The values may be used freely with the attribution “HDH Group Research”.

DOI 10.5281/zenodo.23733515 · Zenodo · Kaggle

Principles

How these reports are produced

Full population

Calculations cover the entire population of registered corporations. There is no sample, no extrapolation and no survey whose response behaviour could colour the result.

Fixed reference date

Every report is calculated and frozen as of a reference date. The text describes exactly this state; a later update appears as a new edition.

Disclosed definitions

Population, definitions, indicators and the limits of interpretation are set out in the method section of every report. Shares based on fewer than thirty cases are withheld.

See your occasion in figures. We deliver the companies behind these figures as a list: refined by occasion, industry and region, with address and management.

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