Europe's 14 largest companies by turnover

The European Union is a huge economic power, where the largest companies in the world are concentrated. It is expected that in 2021 the combined turnover of the 40 largest companies in Europe will reach 5.5 trillion dollars, which exceeds the GDP of any other country on the continent. The largest contributors to this turnover are manufacturing, automotive and retail. Today we will familiarize you with 14 large and well-known companies:

1. Royal Dutch Shell (UK)

Did you know that Royal Dutch Shell is the largest company in Europe? Headquartered in London, UK, this international oil refining company operates in more than 70 countries, employs more than 86,000 people, and has a turnover of 272.66 billion dollars. Royal Dutch Shell is just one of many European companies. They play an important role in the economy of the European continent and it is important to understand their impact on the global market.

2. Volkswagen (Germany)

Volkswagen prides itself on producing high quality cars that are affordable to everyone. With 313,010 employees, the company is one of Europe's largest employers with more than 100 years of experience and one of the most experienced and trusted brands in the automotive industry By 2021, Volkswagen (Germany), Europe's largest automaker, will have sales of 312.75 billion dollars. If you are looking for a new car, you should consider Volkswagen AG. They are one of the leading companies in Europe, and they are sure to have the right car for you.

3. Glencore (UK)

Glencore is one of the most profitable companies in Europe. Founded in 1974, Glencore has come a long way and now operates in more than 50 countries Glencore PLC is based in Barre, Switzerland. The company operates in several industries including mining, refining and agriculture. It has a turnover of 203.75 billion dollars and employs over 135,000 people worldwide.

4. Total Energies (France)

Total Energies is an energy company that produces, sells, and distributes electricity and natural gas. The company operates in North America, Europe, and Asia. The company's shares are listed on the New York Stock Exchange and the Toronto Stock Exchange. Total Energies is a large European company. It has a turnover of 186.67 billion dollars. The company has 105,476 employees. The company is headquartered in Courbevoie, Tour Total, France.

5. BP (UK)

BP is a British multinational oil and gas company headquartered in London, UK. BP is one of the largest companies in Europe, operating across the continent in oil and gas production, exploration, refining, marketing, transportation and petrochemicals. The company operates in more than 70 countries, employs more than 60,000 people worldwide, and will have sales of 164.2 billion dollars in 2021.

6. Mercedes-Benz Group (Germany)

Mercedes-Benz Group is a German multinational company that develops, manufactures and markets cars, trucks, buses, touring and sports cars. It is the leading company in Europe in terms of sales; in 2021, Mercedes-Benz Group AG will have total sales of 173.09 billion dollars. Founded in 1926 by Karl Benz and Gottlieb Daimler, the company has established itself as a luxury car manufacturer in its more than 130-year history, and Mercedes-Benz AG has become world-renowned.

7. Lukoil (Russia)

Lukoil is a Russian multinational oil and gas company headquartered in Europe, one of the world's largest oil companies and one of the six largest "majors" (the world's largest companies by market cap) in the exploration and production sector. Lukoil is one of the world's largest vertically integrated oil and gas companies, accounting for about 2% of global oil production and 1% of proven hydrocarbon reserves. According to Global Database, a business intelligence platform, Lukoil will have revenues of 147.5 billion dollars in 2021. Lukoil has a multinational team of professionals and will employ 101,000 people in 2021.

8. Stellantis (Netherlands)

There is a new player on the European market of large companies. This company is quickly making a name for itself by offering innovative solutions and products to the continent's largest corporations. Headquartered in Amsterdam, Netherlands, Sterantis NV is well positioned to take advantage of the growth of the European economy. Sterantis NV is the result of the merger of Peugeot (PSA Group) and Fiat Chrysler Automobiles (FCA), an automobile company with sales of 147.48 billion dollars and 281,595 employees in the relatively short term, 2021.

9. Allianz (Germany)

Allianz SE is one of the largest companies in Europe: with more than 155,411 employees, it is also the largest employer in Europe. Founded in Berlin in 1890, Allianz has gradually developed into one of the world's leading insurance companies. It offers a wide range of products and services including life, health and non-life insurance. German insurance company Allianz SE announced excellent financial results with a revenue of 144.09 billion dollars for the fiscal year 2021.

10. Gazprom (Russia)

Gazprom is a Russian gas company founded in 1989. It is the world's largest producer of natural gas, supplying approximately one-fifth of Europe's energy needs. In 2021, Gazprom's turnover grew 62% to 138.28 billion dollars.

11. Schwarz Group (Germany)

Schwarz Group is one of the largest companies in the European Union with a turnover of more than 100 billion euros or 133.6 billion dollars in 2021. The company is headquartered in Neckarsulm, Germany and employs more than 500,000 people. Schwarz Group owns several well-known brands such as Lidl and Kaufland. The company focuses on customer satisfaction and offers goods at competitive prices.

12. Fortum (Finland)

Fortum is a Finnish energy company specializing in electricity, heat and gas generation. It is one of the largest energy companies in the Nordic region, serving both businesses and consumers. Fortum was founded in 1998 and has since become one of the leading energy companies in the Nordic region. Fortum is headquartered in Helsinki, Finland. The company has more than 19,933 employees and will have a turnover of 129.78 billion dollars in 2021. Fortum's main products and services include electricity generation, thermal power generation, gas distribution and water treatment.

13. Bayerische Motoren Werke (Germany)

 
Bayerische Motoren Werke (BMW) is the largest automobile and motorcycle manufacturer in Germany. The company was founded in 1917 and is headquartered in Munich, Bavaria. BMW is one of the top three luxury car manufacturers in Europe, along with Audi and Mercedes-Benz. The company's lineup includes sedans, sports cars, SUVs, minivans and motorcycles. The company's history dates back to World War I, when it was founded as an aircraft engine manufacturer. According to analytics platform Global Database, the company's total sales in 2021 were 114.67 billion dollars and the number of employees increased to 118,909.

14. Deutsche Telekom (Germany)

If you're looking for a reliable telecommunications company operating in the EU, Deutsche Telekom is a great choice. Headquartered in Bonn, Germany, Deutsche Telekom offers a wide range of services including mobile telephony, internet, and television. The company has more than 230 million customers worldwide and is constantly expanding into new markets. Deutsche Telekom employs 226,291 people worldwide. If you are looking for a high-quality service provider with a proven track record, Deutsche Telekom is worth considering. An analysis of Deutsche Telekom's financial statements shows that the company had sales of 112.16 billion dollars in 2021.