Top 10 Companies in Europe 2015

Posted in Top Brand Lists, Total Reads: 1137
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With the eminent history of numerous economic crisis, its’ been hard for European economies to sail through sluggish economic state. Economic growth parameters are however showing a small change, indicating the nightmares for European economies are not over yet. Unplanned macroeconomic adjustment and sluggish implementation of reforms are dragging the growth trend of the economy as well as long-standing weak growth trends. With the geopolitical turmoil, uncertainty about future investment initiatives, the upcoming economic scenario is yet not clear. Though the private consumption has been the growth driver for the economy for last few years, recoveries are yet to happen in case of heavy investments and exports have also done poorly to support growth. So overall growth parameters suggest the financial and economic growth, and investment recoveries showed no such positive trends in 2014, with annual GDP expected to have increased by respectively 1.3% and 0.8%.But silver lining is gradually showing in the cloud shaded economy of Europe. New developments have been in place in several key areas that are expected to improve in the near future, the EU's economic perception, that would otherwise have deteriorated since the autumn. Oil prices have declined drastically, the euro has depreciated remarkably, the ECB has decided to expand the size and composition of its outright asset purchases by adding sovereign bond purchases, and the European Commission has presented its Investment Plan.

Under such economic imbalances, some of the European Corporate giants are playing key roles in reshaping the economy, by providing world class, consistent performance globally. We are here presenting one comprehensible list of top 10 European companies and conglomerates that have been performing good financially, adding value to its shareholders worldwide, becoming a great place to work for.

Among 100s of biggies, it was a difficult task to identify the top 20 companies to start the detailed ranking process. But to make it simple, simply in terms market capitalization in 2015 we sorted out the top 20 European companies.

  

10 ALLIANZ


INDUSTRY TYPE: FINANCIAL SERVICES

ESTABLISHED IN: 1890

HEAD-QUARTERED AT: MUNICH, GERMANY

SCALE OF OPERATION: GLOBALLY

CEO: OLIVER BATE

SPECIALIZED IN: INSURANCE, BANKING, ASSET MANAGEMENT

SUBSIDARIES: ALLIANZ FRANCE, ALLIANZ WORLDWIDE CARE, RISKLAB, ALLIANZ LIFE, PIMCO etc.

KEY INFORMATIONS:

  • First insurer that obtained a license to distribute corporate policies
  • In 2001, it acquired 80% of Dresdner Bank
  • In 2008, it sold 60% of Dresdner Bank to Commerzbank for 9.8 Billion euro.
  • Allianz possesses about 14% stake at Commerzbank
  • It has its operations almost in 70 countries
  • It is the largest maritime insurer in Germany
  • World’s largest Insurance Company
  • World’s 6th Largest financial service provider
  • 25th largest company according to composite ranking of Forbes magazine
  • Allianz’s Global Investors Division is among top 5 active Investment Managers


REVENUE

122.3 BILLION EURO

PROFIT

6.603 BILLION EURO

MARKET CAP

69.46 BILLION USD

NUMBER OF EMPLOYEES

147425