Privacy is a big challenge when it comes to Social Media. The privacy policies seem to be difficult and actually not helping a lot to protect the privacy of the individual participants in those networks. In particular those who just now get on the band wagon of social networking often times hear about privacy issues of Facebook or Google and other platforms.
Things go well in Europe.
The fastest growing business in the world: Baden Wuertembergische Landesbank. The bank in Stuttgart in southern Germany jumped from position 128 straight to no.1 in the Global 500. And right after an Arabian and a Chinese company Spanish Construction company ACS is the No.4 in the world and the fastest growing construction business world wide!!! International Airline Group in the UK, a newcomer to the global 500, is the fastest growing Airline business in the world and No.7 in the Global 500 growth leaders. OMV Austria is one of the fastest growing gas station businesses and No.19 in the Global 500 growth list! On the global 500 list of most profitable companies, Dutch Shell made it to No.4 and to No.1 in the Global 500 biggest Companies!!! VW boost profits to staggering $21 Billion and makes it the most profitable automobile manufacturer in the world and No. 13 in the most profitable businesses of all.
Both, the biggest and the fastest growing business in the world are from Europe. Congratulations Europe.
Now – not all is that well. Over 50% of the “exits” – meaning companies that were kicked out of the top 500 – were European companies. One reason is that Chinese companies move fast into the top 500 and only 7% of the newcomer are from Europe. In other words European businesses need to prepare themselves better than ever to keep up with global competition.
The DSEU will keep providing global and European business updates from a Pan European perspective. Flexing the European strength is one of the many tasks we see ahead of us.