Fiat is Italy's largest industrial conglomerate.

菲亚特是意大利最大的产业集团。

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It was once an industrial conglomerate best known for making rubber boots.

诺基亚曾经是一个大型工业集团，最以生产橡胶靴闻名。之后，公司经历过引人注目的转型。

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And Nokia has undergone a remarkable transformation before. It was once an industrial conglomerate best known for making rubber boots.

并且，诺基亚并非是没有经验经历过这样的转型震荡，要知道，它以前可是一家生产橡胶鞋的知名综合性大企业。

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So does Gale, even though it has only one such potential customer, United Technologies, the industrial conglomerate.

FORBES: Magazine Article

In 2010, as Reva was planning its new wheels, the company was purchased by the Indian industrial conglomerate Mahindra.

FORBES: India Launches A $15,000 Electric Car, With No Help From The Government

Immelt's failing was leverage, the same ingredient Welch used to goose GE from an industrial conglomerate into an earnings-growth machine.

FORBES: Magazine Article