BUSINESS ABROAD: Electronics from Germany

Twelve years ago Max Grundig was just another drummed-out German quartermaster private, with a headful of ideas and a handful of tools. But he had neither money nor shop with which to put them to work. Today Grundig is Germany's No. 1 radio-set maker, claims to be Europe's biggest. At 48 he is owner and ram-rodding boss of a 13,000-worker, six-plant electronics business that last year grossed some $50 million on sales of 900,000 radios, TV sets, phonographs and recorders. Almost half were exported, including big shipments to the U.S., where Grundig sets are marketed by Majestic International...

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