France is the 7th largest economy in the world and the 2nd largest in the Europe by GDP. It is also the 10th largest economy in the world by PPP terms. Composition of the country’s GDP is on the expenditure side with household consumption incurring 55 percent, government expenditure incurring 24 percent and gross fixed capital formation incurring 22 percent expenditures respectively. The top French companies include brands like BNP Paribas, Credit Agricole, Societe Generale, AXA Group. It also has companies like EDF, TOTAL, EADS along with Sanofi, Renault and Orange. The country’s Exports of goods and services account for 29 percent and imports account for 31 percent of the total GDP. French economy has recovered from the Eurozone crisis with the reviving measures taken by the president Francois Hollande. But, still the effects of Eurozone crisis has led to growth rates below the estimated or target levels in the country. Here is the list of the top 10 companies in France 2016.
Orange S.A. is a global major in the telecommunications industry. It was founded in 1991 and headquartered in Paris, France.
With over 280 million customers, it is one of the largest Telecom and internet service providers in Europe and the world, which has a strong global presence and a high brand recall. The Company also provides telecom services to other multinational companies, under the brand name Orange Business Services.
The Company's operations are present in France, Poland, Spain, Belgium, Luxembourg, Central European countries, and few other African & Middle East countries. The range of services the company offers include fixed telephony, mobile telecommunication networks, data transfer and other value added services. The company’s user markets include consumers, Businesses and other services related customers. The company has operations in Belgium with the Brand name Mobistar.
The company currently employs 170,000 employees and is pursuing its business in digital markets. Recent investments in Europe in latest technologies can be seen as indicator of its focus on new markets. Orange plans to introduce 5G in the European market by 2020. The expected changes in Industrial policies in favour of tech startups and entrepreneurship also would help the company achieving its strategic goals in the next 2-3 years.
In 2015, The Company’s revenues grew up to $74.9 billion with the help of its 4G customer segment which grew by 2% year on year to 20 million. Its fibre customer’s network grew up by 2.1% year on year to 2.23 million.