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  • The Sturm Company: Weathering the Economic Crisis with Insulation

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The Sturm Company: Weathering the Economic Crisis with Insulation

Siblings Claudia und Uwe Sturm say the global economic downturn hasn't hit their family's construction business too hard. After major clients cancelled contracts for new buildings, the company decided to focus on installing new insulation in private homes. So far this has proved crisis-proof, because the German government continues to provide financial subsidies for such home improvements. The company was founded by Günter Sturm, who has since retired, but continues to take an interest in the firm's growth. Today the Sturm company employs 50 people. Jan Schäfer takes a trip to Harthausen, in Rhineland-Pfalz, to see this family business which has an annual turnover of some 5 million euros.

DW-World | April 21, 2009Watch more videos from DW-World

Tags:. .turnover. .subsidies. .sturm. .insulation. .uwe











Annual   Buildings   Cancelled   Claudia   Clients   Construction   Continues   Contracts   Decided   Downturn   Economic Crisis   Employs   Euros   Far   Financial   Firm   Focus   German   Global   Government   Growth   Hasnt   Improvements   Installing   Insulation   Interest   Jan   Major   Million   Private   Proof   Proved   Provide   Retired   Siblings   Since   Sturm   Subsidies   Such   Trip   Turnover   Und   Uwe   Weathering