This is the 11900th most frequent German word.
tochterkonzern
A "tochterkonzern" is a "subsidiary company."
Here, 'Tochterkonzern' refers to a specific division or subsidiary of the parent company located in Europe.
Unser Tochterkonzern in Europa hat letztes Jahr eine bedeutende Innovation eingeführt.
Our subsidiary in Europe introduced a significant innovation last year.
In this sentence, 'Tochterkonzern' describes the subsidiary involved in the merger strategy of the larger company.
Die Fusion mit dem Tochterkonzern war ein strategischer Schritt zur Kostenreduktion.
The merger with the subsidiary was a strategic move to reduce costs.
'Tochterkonzern' refers to a subsidiary company established by a larger parent company to expand its operations or market share.