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 2022, largest company in Europe was Shell with revenue of US$386 billion. [1] Energi Danmark Group had largest revenue growth on Fortune 500 list. [2]
These are the top 10 countries with the highest revenues from the top 500 companies as of August 2023. [3]
Rank | Country | Companies |
---|---|---|
1 | Germany | 28 |
2 | France | 24 |
3 | United Kingdom | 10 |
3 | Italy | 10 |
5 | Switzerland | 9 |
5 | Spain | 9 |
7 | Netherlands | 4 |
8 | Austria | 1 |
8 | Belgium | 1 |
8 | Ireland | 1 |
8 | Luxembourg | 1 |
8 | Norway | 1 |
8 | Poland | 1 |
8 | Sweden | 1 |
Below are the 100 largest companies by revenue in 2023 (mostly for fiscal year 2022), according to the Fortune 500 list. [3] Note that this list mostly includes public companies. Many private companies like Lidl (Schwarz Gruppe) or Aldi, to give a just two examples, are hence missing.
Rank | Company | Industry | Revenue (US$ billions) | Headquarters |
---|---|---|---|---|
1 | Shell | Oil and gas | 386.201 | United Kingdom |
2 | Volkswagen | Automotive | 293.685 | Germany |
3 | Uniper | Electric utility | 288.309 | Germany |
4 | TotalEnergies | Oil and gas | 263.310 | France |
5 | Glencore | Conglomerate | 255.984 | Switzerland |
6 | BP | Oil and gas | 248.891 | United Kingdom |
7 | Stellantis | Automotive | 188.888 | Netherlands |
8 | Gazprom | Oil and gas | 167.832 | Russia |
9 | Mercedes-Benz Group | Automotive | 157.782 | Germany |
10 | Électricité de France | Electric utility | 150.902 | France |
11 | Equinor | Petroleum industry | 150.806 | Norway |
12 | BMW | Automotive | 149.991 | Germany |
13 | Enel | Electric utility | 147.790 | Italy |
14 | Eni | Oil and gas | 140.607 | Italy |
15 | Allianz | Financial services | 129.059 | Germany |
16 | E.ON | Electric utility | 121.646 | Germany |
17 | Deutsche Telekom | Telecommunications | 120.108 | Germany |
18 | Engie | Electric utility | 109.175 | France |
19 | Axa | Insurance | 109.067 | France |
20 | DHL | Courier | 99.324 | Germany |
21 | Banco Santander | Financial services | 99.231 | Spain |
22 | Nestlé | Consumer goods | 98.931 | Switzerland |
23 | Bosch | Conglomerate | 92.777 | Germany |
24 | BASF | Chemicals | 91.847 | Germany |
25 | Ahold Delhaize | Retail | 91.486 | Netherlands |
26 | Carrefour | Retail | 90.062 | France |
27 | BNP Paribas | Financial services | 88.564 | France |
28 | HSBC | Financial services | 87.897 | United Kingdom |
29 | Crédit Agricole | Financial services | 86.471 | France |
30 | Assicurazioni Generali | Financial services | 85.750 | Italy |
31 | Dior | Luxury goods | 83.283 | France |
32 | Maersk | Conglomerate | 81.529 | Denmark |
33 | ArcelorMittal | Steel | 79.844 | Luxembourg |
34 | Tesco | Retail | 79.687 | United Kingdom |
35 | Siemens | Conglomerate | 77.860 | Germany |
36 | Munich Re | Financial services | 75.747 | Germany |
37 | Repsol | Oil and gas | 72.536 | Spain |
38 | Roche | Pharmaceuticals | 69.596 | Switzerland |
39 | Vinci | Construction | 65.750 | France |
40 | OMV | Oil and gas | 65.523 | Austria |
41 | SocGen | Financial services | 63.417 | France |
42 | Unilever | Consumer goods | 63.182 | United Kingdom |
43 | Orlen | Oil and gas | 62.326 | Poland |
44 | Airbus | Aeronautics and defence | 61.805 | Netherlands , France , Germany , Spain |
45 | Accenture | Consulting | 61.594 | Ireland |
46 | Louis Dreyfus Company | Consulting | 59.931 | Netherlands |
47 | Deutsche Bahn | Transport | 59.210 | Germany |
48 | EnBW | Electric utility | 58.901 | Germany |
49 | AB InBev | Beverages | 57.786 | Belgium |
50 | Iberdrola | Electric utility | 56.741 | Spain |
51 | Talanx | Financial services | 56.029 | Germany |
52 | Sberbank | Financial services | 55.877 | Russia |
53 | Saint-Gobain | Building materials | 53.847 | France |
54 | Daimler Truck | Automotive | 53.582 | Germany |
55 | Bayer | Pharmaceuticals | 53.365 | Germany |
56 | Novartis | Pharmaceuticals | 51.828 | Switzerland |
57 | LyondellBasell | Chemicals | 50.451 | Netherlands |
58 | Renault | Automotive | 49.924 | France |
59 | Edeka | Retail | 49.481 | Germany |
60 | Energi Danmark Group | Energy production | 48.717 | Denmark |
61 | ING | Financial services | 48.062 | Netherlands |
62 | Sanofi | Pharmaceuticals | 47.738 | France |
63 | Groupe BPCE | Financial services | 47.723 | France |
64 | Vodafone | Telecommunications | 47.550 | United Kingdom |
65 | Volvo | Heavy equipment | 46.828 | Sweden |
66 | Bouygues | Conglomerate | 46.696 | France |
67 | INGKA | Retail | 46.135 | Netherlands |
68 | ZF Friedrichshafen | Auto and truck parts | 46.068 | Germany |
69 | Swiss Re | Financial services | 45.998 | Switzerland |
70 | Exor | Investment | 45.977 | Netherlands |
71 | BBVA | Financial services | 45.776 | Spain |
72 | Orange | Telecommunications | 45.721 | France |
73 | Veolia | Environmental services | 45.105 | France |
74 | Barclays | Financial services | 45.023 | United Kingdom |
75 | ThyssenKrupp | Conglomerate | 44.502 | Germany |
76 | AstraZeneca | Pharmaceuticals | 44.351 | United Kingdom |
77 | SNCF | Transport | 43.594 | France |
78 | Chubb | Insurance | 43.166 | Switzerland |
79 | GSK | Pharmaceuticals | 43.035 | United Kingdom |
80 | Fresenius | Medical equipment | 42.954 | Germany |
81 | UBS | Financial services | 42.950 | Switzerland |
82 | Deutsche Bank | Financial services | 42.285 | Germany |
83 | Telefónica | Telecommunications | 42.063 | Spain |
84 | Zurich Insurance Group | Financial services | 41.750 | Switzerland |
85 | Continental | Auto and truck parts | 41.449 | Germany |
86 | Kuehne + Nagel | Logistics | 41.278 | Germany |
87 | RWE | Electricity generation | 40.352 | Germany |
88 | L'Oréal | Cosmetics | 40.241 | France |
89 | Intesa Sanpaolo | Financial services | 38.836 | Italy |
90 | Phoenix Pharmahandel | Pharmaceuticals | 38.045 | Germany |
91 | Sainsbury's | Retail | 37.910 | United Kingdom |
92 | X5 Group | Retail | 37.494 | Russia |
93 | GasTerra | Oil and gas | 37.338 | Netherlands |
94 | La Poste | Courier | 37.224 | France |
95 | Hapag-Lloyd | Container shipping | 37.224 | Germany |
96 | Schneider Electric | Electrical equipment | 35.945 | France |
97 | Finatis | Pharmaceutical and Food industry | 35.851 | France |
98 | ELO Group | Pharmaceutical and Food industry | 35.799 | France |
99 | Naturgy | Oil and gas | 35.723 | Spain |
100 | ACS Group | Engineering | 35.355 | Spain |
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