waterfilter maker brita encapsulates german trade
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Water-filter maker Brita encapsulates German trade

Arab Today, arab today

Arab Today, arab today Water-filter maker Brita encapsulates German trade

Taunusstein (Germany) - AFP

Known the world over for its water-filtering jugs, the small German family-run firm Brita typifies the "Mittelstand", small and medium-sized businesses that form the backbone of Germany's economy and have turned it into an export powerhouse both envied and resented by its trading partners. 

It's a long way from Brita's headquarters in Taunusstein, a small town nestled in the forests west of the financial capital Frankfurt, to Berlin, where Chancellor Angela Merkel is widely expected to secure a fourth term in a general election on Sunday.

Nevertheless, the quiet strength of Brita -- and of thousands of Mittelstand firms like it -- exemplifies the country's economic success, where Germany's record trade surplus may well be flattering for Merkel's image, but is also the source of tension and mistrust with other countries.

"Germany's export strength is very closely tied to the quality of the products, to the 'made in Germany' brand that embodies the country's mindset, its attention to detail," says Markus Hankammer, who has run Brita single-handedly since 1999.

That is a sentiment very much echoed by Vice-Chancellor Sigmar Gabriel, who earlier this year urged American automakers to simply "build better cars" in response to a jibe from Donald Trump that there were too many Mercedes on New York's streets.

And when the US president -- whose "America First" slogan helped put him in power -- singled out German titan BMW with threats of hefty import taxes on its cars, he met with puzzlement in the automaker's Munich headquarters, where executives noted that their largest factory is in fact in the US state of South Carolina.

But Washington is far from alone in grumbling about Germany's huge trade surplus.

International institutions and even Germany's closest European partners regularly charge Berlin with failing to invest enough at home or import sufficiently from other countries, allowing harmful trade imbalances to build up.

- Who dares, wins -

Brita was set up by Markus Hankammer's father, Heinz, in 1966. Named after Heinz's daughter, the family-run business specialised in demineralising water for car batteries.

It wasn't until 1970 that Heinz Hankammer invented the filtering jugs that have powered sales ever since.

Like competitors in the field, Brita promises better-tasting water, coffee and tea, but also less limescale buildup in kitchen appliances.

Today, Brita's revenues amount to 469 million euros ($559 million) per year, 80 percent of which are generated abroad.

It employs a workforce of 1,700, half of whom are based outside Germany, proof that the good health of German companies can also benefit the countries in which they do business.

Markus Hankammer credits Brita's success to his father's "very early decision to go abroad, at a time when the business was still very small and financial resources very limited."

The company moved into Britain to woo tea-drinkers in 1988, before expanding across Europe and beyond.

Today, it boasts operations in 60 countries, from Russia to the United States and South Africa, selling through dealers and around 20 subsidiaries.

"A sizeable chunk of our growth comes from conquering new markets," says Hankammer, who hailed Brita's ability to adapt to different consumer preferences around the globe.

"Chinese people drink hot water or tea, whereas Australians like it iced. In most countries people drink flat water, but in Germany, they prefer it sparkling," he explains.

But exposure to the wide world entails risks: the fall in the pound since Britain voted to quit the European Union "has cost us a lot of money," Hankammer admits.

Nevertheless, bigger opportunities beckon, such as the unstoppable growth that has made China Brita's largest market, prompting the firm to open a factory there this summer to add to its foreign production sites in the UK, Switzerland and Italy.

For his part, Hankammer is a fan of the free-trade system that underpins his business, arguing that Trump's criticisms of German exports were "misdirected".

"Protectionism has never helped anyone at all," Hankammer insists.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

waterfilter maker brita encapsulates german trade waterfilter maker brita encapsulates german trade

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

waterfilter maker brita encapsulates german trade waterfilter maker brita encapsulates german trade

 



GMT 14:49 2017 Sunday ,19 February

Not going to sledge Kohli, hints Warner

GMT 09:24 2018 Wednesday ,12 December

LuLu supports KFUPM Rectors Cup marathon

GMT 12:53 2017 Friday ,03 November

HM King praises UN role

GMT 22:08 2017 Thursday ,30 November

UAE and Chile sign MoU on entry-visa exemption

GMT 12:31 2017 Wednesday ,15 February

British FM hails new Gambia leader, vows stronger ties

GMT 19:00 2017 Wednesday ,22 March

Foreign Minister Meets 2 Senior U.S. Congress Members

GMT 14:18 2015 Saturday ,20 June

Braun to launch Series 9 men's shavers

GMT 21:28 2017 Tuesday ,26 September

Syrian army units foil terrorist attack

GMT 15:46 2017 Sunday ,27 August

Iraqi forces poised for victory over IS

GMT 12:24 2017 Thursday ,09 February

Miracle crop: Can quinoa help feed the world

GMT 08:43 2016 Monday ,04 July

Gatlin scorches to Rio, Felix powers home

GMT 02:08 2017 Wednesday ,12 July

Afghan war violence up nearly 40% : UN

GMT 11:01 2016 Friday ,19 February

Miles Davis biopic had to have white co-star

GMT 13:40 2017 Friday ,20 January

PSG better option than China

GMT 12:53 2017 Saturday ,04 November

Weinstein, Spacey, others in spotlight

GMT 13:27 2016 Sunday ,18 December

Mosul battle leaving legacy of environmental damage
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday