A very large company or corporate group, often operating internationally, with high revenue, many employees, and significant economic influence.
example
Viele kleine Buchläden können mit den Preisen der Großkonzerne nicht mithalten.
Many small bookshops can't keep up with the prices of large corporations.
Usage tips
Compound word
The word is made up of the adjective 'groß' (big/large) and the noun 'der Konzern' (the corporation/corporate group). So it literally refers to a very large corporation.
EXAMPLE
Er hat eine Stelle bei einem internationalen Großkonzern bekommen.
He got a job at an international large corporation.
Register and style
The word 'Großkonzern' (large corporation) often has a slightly critical or detached connotation. It can imply power, anonymity, and a threat to smaller businesses.
EXAMPLE
Die Politik diskutiert über die wachsende Marktmacht der digitalen Großkonzerne.
Politicians are discussing the growing market power of large digital corporations.
Typical collocations
Common verbs used with this noun are 'bei einem Großkonzern arbeiten' (to work at a large corporation) or 'einen Großkonzern leiten' (to run a large corporation). It is also often combined with the adjective 'international' (international).
EXAMPLE
Sie träumt davon, nach dem Studium bei einem Großkonzern in den USA zu arbeiten.
She dreams of working at a large corporation in the USA after her studies.
Compare with
near_synonym · confusable
Großkonzern vs Unternehmen
company / undertaking
'das Unternehmen' and 'der Großkonzern' can both mean an economic organization. 'das Unternehmen' is neutral and general: it can be small, medium-sized, or large. 'der Großkonzern' means a very large company or corporate group, often with many employees, a lot of money, and strong influence. Learners may confuse the words because a 'Großkonzern' is also a type of 'Unternehmen'. If size and power are important, 'Großkonzern' is more precise; otherwise, 'Unternehmen' is enough.
Großkonzern
Der Großkonzern eröffnet nächstes Jahr ein neues Werk in Spanien.
The large corporation is opening a new plant in Spain next year.
Unternehmen
Das Unternehmen aus unserer Stadt verkauft Software für Arztpraxen.
The company from our town sells software for medical practices.