In this article we are going to list the top 5 largest European companies by revenue. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 largest European companies by revenue.
5. Mercedes-Benz Group
Total revenue as per latest 12-months data (in billions): 178.94
Mercedes-Benz Group is one of the most famous car manufacturers in the world, known for its luxury vehicles. The German company is considered to be the premier luxury car manufacturer in the world, topping the number of luxury cars manufactured in 2018.
4. TotalEnergies SE (NYSE:TTE)
Total revenue as per latest 12-months data (in billions): 185.12
TotalEnergies SE (NYSE:TTE) is an oil and gas company, and the biggest company in France. Established nearly a century ago, TotalEnergies SE (NYSE:TTE) is engaged in the entire supply chain from exploration and production to marketing and trading. TotalEnergies SE (NYSE:TTE) is also engaged in the large-scale manufacture of chemicals. Like most major companies, TotalEnergies SE (NYSE:TTE) has also been involved in some major controversies including poor environmental records, accusations of bribery and more recently, controversy regarding maintaining some activities in Russia despite its invasion of Ukraine.
3. Glencore International
Total revenue as per latest 12-months data (in billions): 203.41
Glencore International is an Anglo-Swiss company which specializes in mining and commodity training. While its oil and gas head office is located in London, its headquarters are located in Switzerland. Considered to be the biggest commodity trader in the world and has been the biggest company in Switzerland for several years. The company maintains production facilities in various countries across the world and supplies various commodities in different industries.
2. Shell plc (NYSE:SHEL)
Total revenue as per latest 12-months data (in billions): 261.76
Shell plc (NYSE:SHEL) is one of the biggest oil companies in the world, and among the biggest companies in the world regardless of industry. Shell plc (NYSE:SHEL) was initially a Dutch company, but decided to move its headquarters to the United Kingdom and ditched “Royal Dutch” from its name in 2022. As on 15 September 2022, Shell plc (NYSE:SHEL) had a market value of nearly $199 billion, the highest in the London Stock Exchange and is now the largest company headquartered in London.
1. Volkswagen Group
Total revenue as per latest 12-months data (in billions): 295.73
Topping the list of the 15 biggest European companies by revenue is the largest car manufacturer in the world, in Volkswagen Group. While they of course operate the Volkswagen brand, they also operate other very famous car brands including Bentley, Audi, Cupra, Porsche, Lamborghini, Skoda and SEAT. The company has been the biggest car manufacturer in the world by number of vehicles and revenue for the past several years.
The company has operations in more than 150 countries with over a hundred production facilities in 27 countries. While it was created in the late 1930s with the backing of Adolf Hitler to producer affordable cars for the German population, the company has continued to grow massively since. In 2015, it was part of one of the biggest scandals in the world, and Volkswagen admitted that more than 11 million cars were fitted with devices to deceive emission tests. Overall, the company is expected to pay over $30 billion in penalties, fines and lawsuits pertaining to the scandal.
Please also see 15 Biggest Indian Companies by Market Cap and Biggest Internet Companies in the World.