In this article, we discuss the 5 most valuable German companies. If you want to read our detailed analysis of these companies, go directly to 15 Most Valuable German Companies.
5. Allianz SE (XETR:ALV.DE)
Allianz SE (ETR: ALV) is a German multinational financial services provider, headquartered in Munich, Germany. With core operations including insurance and asset management, Allianz SE (ETR: ALV) is the largest insurance company in Europe, and among the largest financial groups in the world. Its asset management sector, which consists of PIMCO, Allianz Global Investors, and Allianz Real Estate, accumulated $2.87 trillion in assets under management (AuM) and third-party assets amounting to $2.10 trillion for the first quarter of 2021.
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4. Deutsche Telekom AG (XETR:DTE.DE)
Deutsche Telekom AG (ETR: DTE) is a telecommunications company based in Bonn, Germany, and is one of the largest telecommunications providers in Europe. The company’s core business revolves around the operations and sales of network and connections services, and with a presence in more than 50 countries worldwide, employing over 226,300 people, generated over $119.33 billion in the year 2020, with over 66% generated outside of Germany. Operating through its subsidiaries as well, including T-Mobile, as well as holding shares in the Hellenic telecommunications operator OTE (OTC: HLTOY), Deutsche Telekom AG (ETR: DTE) was ranked 86th among the Fortune 500 companies.
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3. Siemens Aktiengesellschaft (XETR:SIE.DE)
Siemens AG (ETR: SIE) is a German multinational conglomerate based in Munich, Germany. With operations in over 190 countries, Siemens AG (ETR: SIE) is one of the largest industrial manufacturing companies in all of Europe. With company segments focused mainly on electrification, automation, and digitization, Siemens AG (ETR: SIE) is also a prominent producer of medical diagnostics equipment, with its healthcare division earning around 12% of the company’s total sales, the second largest after its automation division.
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2. Volkswagen AG (XETR:VOW3.DE)
Volkswagen AG (ETR: VOW3), internationally recognized as the Volkswagen Group, is a German multinational automotive manufacturing company based in Wolfsburg, Germany. Involved in the design, manufacturing, and distribution of passenger and commercial cars, motorcycles, engines and other related services including financing and management, Volkswagen AG (ETR: VOW3) owns multiple major brands including Audi, Bentley, Bugatti, Porsche, and Lamborghini, among others. Established as the largest automobile manufacturing company in Europe, the company is also listed among the Fortune 500 companies.
1. SAP SE (XETR:SAP.DE)
Based in Walldorf, SAP SE (ETR: SAP) is a German multinational software company that develops enterprise software to manage business operations and customer relations. The company’s products and services range from tools for enterprise and e-business management, as well as training, data management, and business consultation. Known for its Enterprise Resource Planning (ERP) program, where it is a world leader, SAP SE (ETR: SAP) is one of the largest software companies in the world and the largest in Europe.
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