OKVED 2 64.20—Activities of holding companies

Where 64.20 sits

1. K Financial and insurance activities
2. 64 Activities related to the provision of financial services, except for insurance and pension provision services
3. 64.2 Activities of holding companies
4. 64.20 Activities of holding companies

What 64.20 includes

• The activities of holding companies, i.e. divisions that own assets (a controlling stake) in a group of subsidiary corporations for the purpose of controlling and managing them. Holding companies in this class do not provide any services to other companies in which they own shares, i.e. they do not manage or control other divisions.

What 64.20 excludes

• The management of assets of companies and enterprises, strategic planning and decisionmaking by the company, see 70.10

64.20 in other systems