{"id":13241,"date":"2023-11-15T12:34:48","date_gmt":"2023-11-15T11:34:48","guid":{"rendered":"https:\/\/www.jogroup.eu\/?p=13241"},"modified":"2023-11-15T13:02:17","modified_gmt":"2023-11-15T12:02:17","slug":"group-of-companies-what-it-is-examples-jo-group","status":"publish","type":"post","link":"https:\/\/www.jogroup.eu\/en\/group-of-companies-what-it-is-examples-jo-group\/","title":{"rendered":"Group of companies: what it is, how it works, examples"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13241\" class=\"elementor elementor-13241 elementor-13222\" data-elementor-settings=\"{&quot;element_pack_global_tooltip_width&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_width_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;element_pack_global_tooltip_padding&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_padding_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true},&quot;element_pack_global_tooltip_border_radius_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;top&quot;:&quot;&quot;,&quot;right&quot;:&quot;&quot;,&quot;bottom&quot;:&quot;&quot;,&quot;left&quot;:&quot;&quot;,&quot;isLinked&quot;:true}}\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1eba6e8 e-flex e-con-boxed e-con e-parent\" data-id=\"1eba6e8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2828884 elementor-widget elementor-widget-text-editor\" data-id=\"2828884\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>What is a <strong>group of companies<\/strong>? How does it work? What challenges does it face? And above all, how do you choose the right group to work with? So many questions to be answered with successful examples.<\/p><p>Grab a coffee and have a seat, let&#8217;s get started!<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28d4144 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"28d4144\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_widescreen&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile_extra&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__28d4144\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__28d4144\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__28d4144\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<svg class=\"elementor-toc__spinner eicon-animation-spin e-font-icon-svg e-eicon-loading\" aria-hidden=\"true\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M500 975V858C696 858 858 696 858 500S696 142 500 142 142 304 142 500H25C25 237 238 25 500 25S975 237 975 500 763 975 500 975Z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1582d6 elementor-widget elementor-widget-heading\" data-id=\"d1582d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a group of companies and how does it work?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-535f797 elementor-widget elementor-widget-text-editor\" data-id=\"535f797\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A <strong>group of<\/strong> <strong>companies <\/strong>is a set of companies linked to each other by a relationship of control, direction and coordination by a parent company, called in some cases a <strong><u>holding<\/u> <\/strong>company.<\/p><p>In a group of companies, companies work together to achieve <strong>common goals<\/strong>, such as reducing costs and improving the quality of products\/services.<\/p><p>For example, a large company may create a group with other companies complementary to its own, such as <strong>suppliers <\/strong>or <strong>distributors<\/strong>, in order to gain access to resources and expertise it does not possess. Competitive advantages of a certain kind, such as increasing <strong>production capacity <\/strong>or entering <strong>new markets<\/strong>, can thus be achieved.<\/p><p>The functioning of groups of companies, however, is not simple: decisions have to be taken by mutual agreement and there has to be a strong <strong>cohesion <\/strong>between the companies of the group in order to be able to achieve their objectives. It is a matter of working out a <strong>common strategy<\/strong>, optimising available resources.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b019260 elementor-widget elementor-widget-heading\" data-id=\"b019260\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Challenges of a group of companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57f747a elementor-widget elementor-widget-text-editor\" data-id=\"57f747a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Working with a group of companies can improve one\u2019s <strong>competitiveness<\/strong>; however, there is no shortage of <strong>challenges<\/strong>. There are organisational issues: how to coordinate <strong>production<\/strong><\/p><p><strong>processes<\/strong>, manage <strong>human and financial resources <\/strong>and share <strong><em>expertise <\/em><\/strong>among group members. Then there is the issue of <strong>leadership<\/strong>: who assumes the role of group leader and how are decisions made in a shared manner? Lastly, how to deal with cultural and\/or mental differences between different companies, which would lead to <strong>friction <\/strong>and <strong>internal conflicts<\/strong>?<\/p><p>A cluster of companies is a <strong>complex system<\/strong>; it requires strong <strong>collaboration <\/strong>skills and a <strong>common vision<\/strong>. If managed correctly, however, it can represent a valuable opportunity for innovation and growth for each company, as well as for the <em>cluster as a <\/em>whole.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-085c6a9 elementor-widget elementor-widget-image\" data-id=\"085c6a9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1400\" height=\"760\" src=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-2-EN.jpg\" class=\"attachment-full size-full wp-image-13247\" alt=\"group of companies\" srcset=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-2-EN.jpg 1400w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-2-EN-300x163.jpg 300w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-2-EN-1024x556.jpg 1024w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-2-EN-768x417.jpg 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-678090c elementor-widget elementor-widget-heading\" data-id=\"678090c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advantages<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2633df elementor-widget elementor-widget-text-editor\" data-id=\"f2633df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Being part of a group of companies can provide countless <strong>advantages<\/strong>, both for individual companies and for the parent company. Let\u2019s see which ones.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0731d5 elementor-widget elementor-widget-heading\" data-id=\"e0731d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Diversification<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-174beaa elementor-widget elementor-widget-text-editor\" data-id=\"174beaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Operating in several sectors with several activities reduces the risk of depending on one market and, at the same time, exploits all <strong>opportunities for growth and innovation<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbf1924 elementor-widget elementor-widget-heading\" data-id=\"fbf1924\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Economies of scale<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c90077b elementor-widget elementor-widget-text-editor\" data-id=\"c90077b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sharing infrastructure, services, suppliers, technology and <em>know-how <\/em>leads to one benefit: <strong>cost reduction<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-053b301 elementor-widget elementor-widget-heading\" data-id=\"053b301\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Synergies<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad26284 elementor-widget elementor-widget-text-editor\" data-id=\"ad26284\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A group of companies succeeds in creating <strong>value <\/strong>through the complementarity and integration of its constituent companies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98ed63d elementor-widget elementor-widget-heading\" data-id=\"98ed63d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Additional sources of financing<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-383a367 elementor-widget elementor-widget-text-editor\" data-id=\"383a367\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Clusters find it easier to gain access to <strong>additional sources of financing<\/strong>, which take advantage of the capital strength and reputation, accumulated over the years, of the leader.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a247f22 elementor-widget elementor-widget-heading\" data-id=\"a247f22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Taxation<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd889ab elementor-widget elementor-widget-text-editor\" data-id=\"fd889ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Groups of companies can more easily take advantage of tax benefits under current legislation, such as the <strong>tax consolidation scheme<\/strong>, which allows the losses of one company to be offset against the profits of another company in the group.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-404d641 elementor-widget elementor-widget-image\" data-id=\"404d641\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1400\" height=\"760\" src=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-3-EN.jpg\" class=\"attachment-full size-full wp-image-13249\" alt=\"group of companies\" srcset=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-3-EN.jpg 1400w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-3-EN-300x163.jpg 300w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-3-EN-1024x556.jpg 1024w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-3-EN-768x417.jpg 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f42ec0a elementor-widget elementor-widget-heading\" data-id=\"f42ec0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3 known successful examples of company groups<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a5b508 elementor-widget elementor-widget-text-editor\" data-id=\"4a5b508\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the business world, there are numerous examples of success. Here are three well-known ones:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c395abb elementor-widget elementor-widget-heading\" data-id=\"c395abb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Volkswagen<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2946475 elementor-widget elementor-widget-text-editor\" data-id=\"2946475\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Volkswagen<\/strong>, which includes brands such as <strong>Audi<\/strong>, <strong>Porsche <\/strong>and <strong>Skoda<\/strong>, has been able to exploit the complementary activities of the different companies to become one of the world&#8217;s leading car manufacturers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-15afb8f elementor-widget elementor-widget-heading\" data-id=\"15afb8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Nestl\u00e9<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a6a1ad elementor-widget elementor-widget-text-editor\" data-id=\"9a6a1ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Another famous group is <strong>Nestl\u00e9<\/strong>, which has created a global network of complementary food companies to offer high quality products in different market sectors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22ac72a elementor-widget elementor-widget-heading\" data-id=\"22ac72a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. LVMH<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb7a00f elementor-widget elementor-widget-text-editor\" data-id=\"fb7a00f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Again, the <strong>LVMH group, <\/strong>which includes brands such as <strong>Louis Vuitton <\/strong>and <strong>Dior<\/strong>, has managed to create a synergy between its various activities to become a world leader in luxury.<\/p><p>Success stories like the ones mentioned here prove that clusters can be a winning solution to meet the <strong>challenges of the 21st century <\/strong>and grow sustainably.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9a90cb elementor-widget elementor-widget-heading\" data-id=\"e9a90cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to choose the right group for you<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2c5211 elementor-widget elementor-widget-text-editor\" data-id=\"c2c5211\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Trusting the right group of companies is not easy&#8230; there are, however, a few factors to consider. <em>First of all, <\/em>one must assess the <strong>complementarity <\/strong>of the activities carried out by the companies in the group with one&#8217;s own business; it is important that there is a <strong>convergence <\/strong>of interests and objectives.<\/p><p>Secondly, one has to check the <strong>reputation <\/strong>of the companies in the group and their <strong>financial soundness <\/strong>in order to avoid unnecessary risks.<\/p><p>Third, the level of coordination and collaboration among group members should be assessed: it is important that there is an effective <strong>sharing of knowledge and expertise <\/strong>to achieve concrete results. Finally, the group&#8217;s <em>governance <\/em>arrangements and the degree of involvement of members in strategic decisions should not be underestimated.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e11e8a elementor-widget elementor-widget-image\" data-id=\"9e11e8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.jogroup.eu\/#contatti\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1400\" height=\"760\" src=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-4-EN.jpg\" class=\"attachment-full size-full wp-image-13251\" alt=\"group of companies\" srcset=\"https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-4-EN.jpg 1400w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-4-EN-300x163.jpg 300w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-4-EN-1024x556.jpg 1024w, https:\/\/media.jogroup.eu\/jogroup.eu\/wp-content\/uploads\/2023\/11\/Group-of-companies-4-EN-768x417.jpg 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f80f38 elementor-widget elementor-widget-heading\" data-id=\"6f80f38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Choose JO Group, the European group of companies that has been innovating since \u201898<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce946b2 elementor-widget elementor-widget-text-editor\" data-id=\"ce946b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><u>JO <\/u><\/strong><a href=\"https:\/\/www.jogroup.eu\/en\/jo-group-25-years-digital-transformation-consulting-eu\/\"><strong>Group<\/strong><\/a> is a cluster of companies that from the very beginning has made <strong>technological innovation <\/strong>and continuous learning the driving force behind its activities. It encompasses different realities, each of which has a precise field of application; but all have as their lowest common denominator the <strong>desire to innovate <\/strong>and make <strong><u>digital <\/u><\/strong><a href=\"https:\/\/www.jogroup.eu\/en\/digital-transformation-management-industry40-ict\/\"><strong>transformation<\/strong><\/a> their mantra.<\/p><p>Areas of expertise range from the development of <strong>FAD platforms <\/strong>and <strong>serious games <\/strong>to the conversion of online courses into <strong>SCORM <\/strong>format, from <strong>consulting <\/strong>on European projects to <strong>web marketing<\/strong>. There is also <strong>ICT research and development <\/strong>(augmented and virtual reality, blockchain, artificial intelligence, big data and IoT), <strong>e-health<\/strong>, <strong>app development<\/strong>, <strong>agritech<\/strong>, software for <strong>environmental technologies<\/strong>, and the promotion of digital transformation and <strong>European citizenship.<\/strong><\/p><p>With JO Group&#8217;s services and products, you can make your every wish come true. <strong>Contact us<\/strong><\/p><p>to find out more! JO Group is <strong>#borntoinnovate<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What is a group of companies? How does it work? What challenges does it face? And above all, how do you choose the right group to work with? So many questions to be answered with successful examples. Grab a coffee and have a seat, let&#8217;s get started! Table of contents &nbsp; What is a group [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3],"tags":[],"class_list":["post-13241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/posts\/13241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/comments?post=13241"}],"version-history":[{"count":5,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/posts\/13241\/revisions"}],"predecessor-version":[{"id":13258,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/posts\/13241\/revisions\/13258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/media\/13244"}],"wp:attachment":[{"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/media?parent=13241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/categories?post=13241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jogroup.eu\/en\/wp-json\/wp\/v2\/tags?post=13241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}