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.
corporation / group
Konzern and Unternehmensgruppe can both refer to several economically interconnected, legally independent companies. Konzern places greater emphasis on a large group under unified economic management, whereas Unternehmensgruppe is a more neutral and broader term. Use Konzern for the specific corporate structure and Unternehmensgruppe as a more general term.
Die Unternehmensgruppe verbindet mehrere rechtlich selbstständige Firmen.
The group of companies brings together several legally independent firms.
Der Konzern wird von einer Muttergesellschaft wirtschaftlich einheitlich geführt.
The corporate group is managed as a unified economic entity by a parent company.
