A consortium (Latin: consortium, meaning "association" or "society") is a temporary company formed to carry out a specific task or to deliver a particular service or product in a more efficient manner.
A consortium is an alliance established to coordinate the activities of multiple traders and is formalized through a contractual agreement. Depending on its purpose, a consortium may be organized either as a commercial entity or a civil partnership.
It typically includes two or more parties—individuals, companies, universities, or governments (or any combination thereof)—who collaborate in a joint activity or share resources to achieve a common objective. Each member retains their independent legal status, and the consortium's authority over any member is usually limited to activities directly related to their joint venture, such as revenue distribution. The consortium is established by a contract that clearly defines each member's rights and responsibilities. A similar concept is the "joint venture."
For us, forming a consortium is a strategic option. We have chosen to collaborate with other commercial entities to carry out a specific, well-defined task or to deliver a particular service or product more effectively.
We believe that bringing together the efforts of a group of legal and natural persons around a specific project is the most appropriate and competitive model. When a project and interest exist, our platform is always ready to participate and provide the missing link in the chain—be it a buyer or seller, builder or manufacturer, exporter or importer. We contribute wherever there is a shortage of funds, participants, information, or simply when a reliable guarantor is needed.