corporate group
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corporate group
An association of several legally independent companies that are closely connected economically and often operate under shared management; a group of companies.
Die Volkswagen AG ist eine große Unternehmensgruppe, zu der Marken wie Audi, Porsche und Seat gehören.
Volkswagen AG is a large corporate group that includes brands such as Audi, Porsche, and Seat.
The word is a compound of 'Unternehmen' (company) and 'Gruppe' (group). The '-s-' in the middle is a linking element that connects the two words. Literally, it is a 'Gruppe von Unternehmen' (group of companies).
Diese kleine Firma wurde von einer großen Unternehmensgruppe aufgekauft.
This small company was bought by a large corporate group.
'Unternehmensgruppe' is a technical term from business and law. It is used mainly in formal and business contexts.
Der Jahresbericht der Unternehmensgruppe wird nächste Woche veröffentlicht.
The corporate group's annual report will be published next week.
Common verbs used with this noun are 'zu einer Unternehmensgruppe gehören' (to belong to a corporate group), 'eine Unternehmensgruppe leiten' (to manage a corporate group), or 'Teil einer Unternehmensgruppe sein' (to be part of a corporate group).
Mehrere bekannte Marken gehören zu dieser internationalen Unternehmensgruppe.
Several well-known brands belong to this international corporate group.
company / undertaking
'das Unternehmen' and 'die Unternehmensgruppe' both belong to the world of business. 'das Unternehmen' means a single company or business. 'die Unternehmensgruppe' means several companies that belong together, but often remain legally separate companies. Learners may confuse the words because in everyday life, a corporate group can sometimes seem like one large company. To be precise: one company is an Unternehmen; several connected companies can form an Unternehmensgruppe.
Die Unternehmensgruppe besitzt mehrere Hotels in Deutschland und Österreich.
The corporate group owns several hotels in Germany and Austria.
Das Unternehmen bietet seit diesem Jahr auch Online-Kurse an.
The company has also been offering online courses since this year.