Membel
German NOUN B2 Rank 2942

der Konzern

corporation / group

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Meanings

01

der Konzern

corporate group

A large business enterprise consisting of a parent company and several subsidiaries that are legally independent but economically dependent on one another.

example

Volkswagen ist einer der größten Automobilkonzerne der Welt.

Volkswagen is one of the largest automotive groups in the world.

Visual example for Konzern: der Konzern

Usage tips

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near_synonym · confusable

Konzern vs Unternehmen

company / undertaking

'das Unternehmen' and 'der Konzern' both belong to the field of business. An 'Unternehmen' can be small, medium-sized, or large. 'Konzern', on the other hand, means a large corporate group made up of several legally independent companies, for example with a parent company and subsidiaries. Learners may confuse the words because every 'Konzern' is an 'Unternehmen', but not every 'Unternehmen' is a 'Konzern'. For a normal company, it is better to say 'Unternehmen' or 'Firma'. 'Konzern' only fits when it is really about a large corporate group.

Visual example for Unternehmen
Konzern

Der Konzern besitzt mehrere Tochterfirmen in Europa und Asien.

The corporate group owns several subsidiaries in Europe and Asia.

Unternehmen

Das Unternehmen aus der Region stellt Möbel aus Holz her.

The company from the region makes wooden furniture.

Open full lesson: Unternehmen →

In real life

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