No. 11,900 in German
tochterkonzern
A "tochterkonzern" is a "subsidiary company."
In a sentence
Das Unternehmen gründete einen neuen Tochterkonzern, um seine Marktpräsenz zu stärken.
The company established a new subsidiary to strengthen its market presence.
'Tochterkonzern' refers to a subsidiary company established by a larger parent company to expand its operations or market share.
Unser Tochterkonzern in Europa hat letztes Jahr eine bedeutende Innovation eingeführt.
Our subsidiary in Europe introduced a significant innovation last year.
Here, 'Tochterkonzern' refers to a specific division or subsidiary of the parent company located in Europe.
Die Fusion mit dem Tochterkonzern war ein strategischer Schritt zur Kostenreduktion.
The merger with the subsidiary was a strategic move to reduce costs.
In this sentence, 'Tochterkonzern' describes the subsidiary involved in the merger strategy of the larger company.
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