This list comprises the largest companies currently in Europe by revenue as of 2023, according to the Fortune 500 tally of companies and Forbes.
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In 2023, largest company in Europe was the Volkswagen Group with revenue of US$348 billion. [1]
This list comprises the largest companies currently in Europe by revenue as of 2023, according to the Fortune 500 tally of companies and Forbes.
In 2023, largest company in Europe was the Volkswagen Group with revenue of US$348 billion. [1]
These are the top 10 countries with the highest revenues from the top 500 companies as of August 2023. [2] [3]
| Rank | Country | Companies |
|---|---|---|
| 1 |  Germany | 26 |
| 2 |  France | 22 |
| 3 |  United Kingdom | 11 |
| 4 |  Switzerland | 8 |
| 4 |  Netherlands | 8 |
| 5 |  Spain | 7 |
| 6 |  Italy | 5 |
| 7 |  Russia | 4 |
| 8 |  Austria | 1 |
| 8 |  Belgium | 1 |
| 8 |  Denmark | 1 |
| 8 |  Ireland | 1 |
| 8 |  Luxembourg | 1 |
| 8 |  Norway | 1 |
| 8 |  Poland | 1 |
| 8 |  Turkey | 1 |
| 8 |  Sweden | 1 |
Below are the 100 largest companies by revenue in 2024 (mostly for fiscal year 2023), according to the Fortune 500 list. [2] Note that this list mostly includes public companies. Many private companies like Lidl (Schwarz Gruppe) or Aldi, to give just two examples, are hence missing.
| Rank | Company | Industry | Revenue (US$ billions) | Headquarters |
|---|---|---|---|---|
| 1 | Volkswagen | Automotive | 348.408 | Germany |
| 2 | Shell | Oil and gas | 323.183 | United Kingdom |
| 3 | TotalEnergies | Oil and gas | 218.945 | France |
| 4 | Glencore | Conglomerate | 217.829 | Switzerland |
| 5 | BP | Oil and gas | 213.032 | United Kingdom |
| 6 | Stellantis | Automotive | 204.908 | Netherlands |
| 7 | BMW | Automotive | 168.902 | Germany |
| 8 | Mercedes-Benz Group | Automotive | 165.637 | Germany |
| 9 | Électricité de France | Electric utility | 151.040 | France |
| 10 | Banco Santander | Financial services | 137.244 | Spain |
| 11 | BNP Paribas | Financial services | 136.076 | France |
| 12 | HSBC | Financial services | 134.901 | United Kingdom |
| 13 | Deutsche Telekom | Telecommunications | 121.046 | Germany |
| 14 | Uniper | Electric utility | 116.662 | Germany |
| 15 | Allianz | Financial services | 113.517 | Germany |
| 16 | Rosneft | Oil and gas | 107.543 | Russia |
| 17 | Equinor | Petroleum industry | 107.174 | Norway |
| 18 | Nestlé | Consumer goods | 103.505 | Switzerland |
| 19 | Enel | Electric utility | 103.311 | Italy |
| 20 | Eni | Oil and gas | 102.501 | Italy |
| 21 | E.ON | Electric utility | 101.280 | Germany |
| 22 | Gazprom | Oil and gas | 100.252 | Russia |
| 23 | SocGen | Financial services | 99.163 | France |
| 24 | Bosch | Conglomerate | 90.020 | Germany |
| 25 | Ahold Delhaize | Retail | 95.834 | Netherlands |
| 26 | Crédit Agricole | Financial services | 93.358 | France |
| 27 | Dior | Luxury goods | 93.136 | France |
| 28 | Carrefour | Retail | 90.062 | France |
| 29 | Rewe Group | Retail | 90.794 | Germany |
| 30 | Axa | Insurance | 90.405 | France |
| 31 | Engie | Electric utility | 89.257 | France |
| 32 | Orlen | Oil and gas | 88.717 | Poland |
| 33 | DHL | Courier | 86.385 | Germany |
| 34 | Tesco | Retail | 86.231 | United Kingdom |
| 35 | Siemens | Conglomerate | 82.931 | Germany |
| 36 | Vinci | Construction | 75.750 | France |
| 37 | Lukoil | Oil and gas | 75.012 | Russia |
| 38 | BASF | Chemicals | 74.487 | Germany |
| 39 | Groupe BPCE | Financial services | 73.774 | France |
| 40 | UBS Group | Financial services | 71.245 | Switzerland |
| 41 | Airbus | Aeronautics and defence | 70.751 | Netherlands |
| 42 | ArcelorMittal | Steel | 68.275 | Luxembourg |
| 43 | Koç Holding | Conglomerate | 67.482 | Turkey |
| 44 | Roche | Pharmaceuticals | 67.269 | Switzerland |
| 45 | BBVA | Financial services | 66.978 | Spain |
| 46 | Lloyds Banking Group | Financial services | 66.697 | United Kingdom |
| 47 | Deutsche Bank | Financial services | 65.978 | Germany |
| 48 | Accenture | Consulting | 64.896 | Ireland |
| 49 | Unilever | Consumer goods | 64.435 | United Kingdom |
| 50 | Barclays | Financial services | 63.800 | United Kingdom |
| 51 | Munich Re | Financial services | 63.353 | Germany |
| 52 | Sberbank | Financial services | 63.329 | Russia |
| 53 | Zurich Insurance Group | Financial services | 60.645 | Switzerland |
| 54 | Bouygues | Conglomerate | 60.599 | France |
| 55 | Daimler Truck | Automotive | 60.420 | Germany |
| 56 | ING | Financial services | 60.401 | Netherlands |
| 57 | AB InBev | Beverages | 59.380 | Belgium |
| 58 | Assicurazioni Generali | Financial services | 57.022 | Italy |
| 59 | Repsol | Energy production | 56.980 | Spain |
| 60 | Renault | Automotive | 56.621 | France |
| 61 | Edeka | Retail | 54.454 | Germany |
| 62 | Novartis | Pharmaceuticals | 54.088 | Switzerland |
| 63 | Rio Tinto | Mining | 54.041 | United Kingdom |
| 64 | Iberdrola | Electric utility | 53.334 | Spain |
| 65 | Deutsche Bahn | Transport | 53.197 | Germany |
| 66 | Volvo | Heavy equipment | 52.101 | Sweden |
| 67 | Intesa Sanpaolo | Financial services | 52.004 | Italy |
| 68 | Saint-Gobain | Building materials | 51.830 | France |
| 69 | Bayer | Pharmaceuticals | 51.498 | Germany |
| 70 | Maersk | Conglomerate | 51.065 | Denmark |
| 71 | Phoenix Pharmahandel | Pharmaceuticals | 50.934 | Germany |
| 72 | Louis Dreyfus Company | Agricultural Commodities | 50.624 | Netherlands |
| 73 | ZF Friedrichshafen | Auto and truck parts | 50.406 | Germany |
| 74 | Sanofi | Pharmaceuticals | 50.208 | France |
| 75 | Swiss Re | Financial services | 49.800 | Switzerland |
| 76 | Chubb | Insurance | 49.735 | Switzerland |
| 77 | Veolia | Environmental services | 49.027 | France |
| 78 | Vodafone | Telecommunications | 48.871 | United Kingdom |
| 79 | Landesbank Baden-Württemberg | Financial services | 48.566 | Germany |
| 80 | Exor | Investment | 48.368 | Netherlands |
| 81 | Unédic | Financial services | 48.128 | France |
| 82 | UniCredit | Financial services | 48.044 | Italy |
| 83 | EnBW | Telecommunications | 48.032 | Germany |
| 84 | Orange S.A. | Financial services | 47.698 | France |
| 85 | INGKA Holding | Auto and truck parts | 46.938 | Netherlands |
| 86 | Talanx | Financial services | 46.155 | Germany |
| 87 | AstraZeneca | Pharmaceuticals | 45.811 | United Kingdom |
| 88 | Crédit Agricole | Financial services | 45.489 | France |
| 89 | SNCF | Transport | 45.145 | France |
| 90 | Continental | Auto and truck parts | 44.778 | Germany |
| 91 | L'Oréal | Cosmetics | 44.520 | France |
| 92 | Telefónica | Telecommunications | 43.947 | Spain |
| 93 | OMV | Oil and gas | 42.661 | Austria |
| 94 | LyondellBasell | Chemicals | 41.107 | Netherlands |
| 95 | Sainsbury's | Retail | 41.108 | United Kingdom |
| 96 | Lufthansa | Transportation | 40.455 | Germany |
| 97 | ThyssenKrupp | Conglomerate | 40.027 | Germany |
| 98 | Inditex | Retail | 35.799 | Spain |
| 99 | Schneider Electric | Electrical equipment | 38.812 | France |
| 100 | ACS Group | Engineering | 38.634 | Spain |
Volkswagen AG, known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles and was the largest automaker by revenue in 2022. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies. In 2023, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue.
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue.
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000.
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003.
Saudi Basic Industries Corporation, known as SABIC, is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers and fertilizers. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul.
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group. As of May, 2024, Lithia operates 298 stores in the United States, 14 stores in Canada and 170 in the United Kingdom. Lithia Motors employs approximately 21,150 people.
The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.