SBI 70.10.2—Other activities of head offices

Where 70.10.2 sits

1. N Professional, scientific and technical activities
2. 70 Activities of head offices and management consultancy
3. 70.1 Activities of head offices
4. 70.10 Activities of head offices
5. 70.10.2 Other activities of head offices

What 70.10.2 includes

• Group holdings: directly or indirectly owning shares of legal entities belonging to a group and, on that basis, exercising management and policy over this group or a part thereof. "Management and policy" is meant here in a broad sense, that is to say, including activities such as financing, participation, and coordination for the underlying legal entities
• Management holdings: acquiring companies that may or may not be in financial distress. Subsequently reorganizing and/or restructuring these companies, after which they are sold again as healthy, functioning units. The management holding distinguishes itself from other holdings in that there is only a temporary link with the companies over which management and policy are exercised.
• Possibly in combination with: - group services: performing auxiliary services for the group such as administration, advertising, sales, distribution, storage, transport, research, and marketing.

What 70.10.2 excludes

• Group services within one's own group, 70101
• Activities of financial holdings that are not involved in the activities of head offices, 64210

70.10.2 in other systems