Rank Company Industry Revenue (US$ Billion) Headquarters 1 Royal Dutch Shell Oil and gas 344.9 Netherlands and United Kingdom 2 BP Oil and gas 282.62 United Kingdom 3 Volkswagen Automotive 252.632 Germany 4 Vitol Group Oil and gas 225 Netherlands 5 Glencore Conglomerate 215.111 United Kingdom and Switzerland 6 Total Oil and gas 200.316 France 7 Daimler Automotive 172.745 Germany 8 Exor Investment 143.8 Italy and Netherlands 9 Allianz Financial services 142.369 Germany 7 Gazprom Oil and gas 118 Russia 8 AXA Financial services 103.5 France 9 Carrefour Retail 80.73 France 10 Eni Oil and gas 69.881 Italy 11 Engie Electric utility 60.1 France 12 BNP Paribas Financial services 44.597 France 13 E.ON Electric utility 41.484 Germany 14 ING Financial services 18.08 Netherlands 17 Equinor Oil and gas 61.2 Norway 18 Banco Santander Financial services 49.229 Spain 19 FCA Group Automotive 118 Italy 19 Siemens Conglomerate 86.849 Germany 20 Assicurazioni Generali Financial services 94.6 Italy 21 Lukoil Oil and gas 121 Russia 22 Enel Electric utility 77.3 Italy 23 HSBC Financial services 56.1 United Kingdom 24 Crédit Agricole Financial services 26.61 France 25 Tesco Retail 63.911 United Kingdom 26 BASF Chemicals 59.316 Germany 27 Société Générale Financial services 23.954 France 28 BMW Automotive 104.21 Germany 29 ArcelorMittal Steel 70.615 Luxembourg 30 Nestlé Consumer goods 91.43 Switzerland 31 Metro Retail 27.082 Germany 32 Électricité de France Electric utility 68.976 France 33 Munich Re Financial services 51.4 Germany 34 Telefónica Telecommunications 48.7 Spain 35 Bosch Conglomerate 77.721 Germany 36 Groupe PSA Automotive 74.731 France 37 Deutsche Telekom Telecommunications 80.5 Germany 38 Repsol Oil and gas 49.701 Spain 39 Deutsche Post Postal services 63.34 Germany 40 Groupe BPCE Financial services 47.9 France 41 Deutsche Bank Financial services 22.441 Germany 42 Vodafone Telecommunications 44.974 United Kingdom 43 Barclays Financial services 21.632 United Kingdom 44 ThyssenKrupp Conglomerate 28.89 Germany 45 RWE Electric utility 13.125 Germany 46 Airbus SE Aeronautics and defence 70.5 Netherlands 48 Lloyds Banking Group Financial services 17.142 United Kingdom 49 Rosneft Oil and gas 65,093 Russia 50 Unilever Consumer goods 64,610 United Kingdom 51 Hoffmann-La Roche Pharmaceuticals 63,750 Switzerland 52 Orange Telecommunications 62,955 France 53 NatWest Group Financial services 62,798 United Kingdom 54 Ahold Delhaize Retail 62,300 Netherlands 55 Aviva Financial services 61,754 United Kingdom 56 Auchan Retail 61,699 France 57 Rio Tinto Group Mining 60,537 United Kingdom 58 Maersk Conglomerate 60,194 Denmark 59 Novartis Pharmaceuticals 59,375 Switzerland 60 Renault Automotive 59,272 France 61 Saint-Gobain Building materials 58,560 France 62 Prudential Financial services 58,527 United Kingdom 63 UniCredit Financial services 57,213 Italy 64 Nokia Electronics 53,753 Finland 65 Zurich Insurance Group Financial services 52,983 Switzerland 66 Deutsche Bahn Transport 52,808 Germany 67 CNP Assurances Financial services 51,521 France 68 Vinci Construction 51,385 France 69 LyondellBasell Chemicals 51,035 Netherlands 70 Banco Bilbao Vizcaya Argentaria Financial services 51,021 Spain 71 SSE Electric utility 50,610 United Kingdom 72 Bayer Pharmaceuticals 50,790 Germany 73 Intesa Sanpaolo Financial services 49,472 Italy 74 Groupe Casino Retail 48,748 France 75 Sanofi Pharmaceuticals 48,746 France 76 Veolia Environnement Environmental services 48,486 France 77 Credit Suisse Financial services 48,227 Switzerland 78 Volvo Heavy equipment 47,814 Sweden 79 OMV Oil and gas 47,349 Austria 80 UBS Financial services 45,978 Switzerland 81 Bouygues Conglomerate 45,669 France 82 SNCF Transport 45,587 France 84 Aegon Financial services 44,197 Netherlands 85 Iberdrola Electric utility 44,005 Spain 86 GlaxoSmithKline Pharmaceuticals 43,907 United Kingdom 87 Grupo ACS Engineering 42,655 Spain 88 Continental Auto and truck parts 42,416 Germany 89 Telecom Italia Telecommunications 42,070 Italy 90 Lufthansa Aviation 41,220 Germany 91 Vivendi Mass media 40,063 France 92 Anheuser-Busch InBev Beverages 39,046 Belgium 93 Franz Haniel & Cie. Conglomerate 38,023 Germany 94 ABB Electrical equipment 37,990 Switzerland and Sweden 95 Alliance Boots Pharmaceuticals 37,977 Switzerland 96 Rabobank Group Financial services 37,577 Netherlands 97 Centrica Electric utility 36,860 United Kingdom 98 Heraeus Engineering 36,406 Germany 99 PKN Orlen Oil and gas 36,100 Poland 100 Sainsbury's Retail 35,567 United Kingdom 101 Sberbank Financial services 35,502 Russia 102 Philips Electronics 35,152 Netherlands 103 Ericsson Electronics 34,958 Sweden 104 Sistema Conglomerate 34,517 Russia 105 La Poste Postal services 34,268 France 106 Christian Dior Luxury goods 34,244 France 107 Air France-KLM Aviation 34,001 France and Netherlands 108 AstraZeneca Pharmaceuticals 33,591 United Kingdom 109 DZ Bank Financial services 33,279 Germany 110 Ineos Chemicals 33,160 United Kingdom 111 Edeka Retail 32,531 Germany 112 Schneider Electric Electrical equipment 31,128 France 113 BT Group Telecommunications 30,734 United Kingdom 114 Anglo American Mining 30,580 United Kingdom 115 Poste italiane Postal services 30,164 Italy 116 Phoenix Pharmahandel Pharmaceuticals 30,023 Germany 117 Coop Retail 30,022 Switzerland 118 Legal & General Financial services 29,366 United Kingdom 119 GasTerra Oil and gas 29,332 Netherlands 120 Naturgy Oil and gas 29,305 Spain 122 Mapfre Financial services 29,224 Spain 123 Michelin Auto and truck parts 28,809 France 124 BAE Systems Aeronautics and defence 28,624 United Kingdom 125 Adecco Consulting 28,567 Switzerland 126 Dexia Financial services 28,540 Belgium 127 L'Oréal Cosmetics 28,286 France 128 Morrisons Retail 28,276 United Kingdom 129 Swiss Re Financial services 28,083 Switzerland 130 Migros Retail 28,015 Switzerland 131 Vattenfall Electric utility 27,890 Sweden 132 Alstom Conglomerate 27,417 France 133 Accenture Consulting 27,353 Ireland 134 Groupe Danone Consumer goods 26,861 France 135 MOL Group Oil and gas 26,698 Hungary 136 EnBW Electric utility 26,126 Germany 137 KBC Bank Financial services 26,057 Belgium 138 Surgutneftegas Oil and gas 25,663 Russia 139 Compass Group Food services 25,418 United Kingdom 139 Achmea Insurance 25,180 Netherlands 140 CRH Building Materials 25,141 Ireland 141 Leonardo-Finmeccanica Aeronautics and defence 24,849 Italy 142 Unipol Financial Services 24,850 Italy 143 British American Tobacco Tobacco 24,688 United Kingdom 144 Standard Chartered Financial services 24,488 United Kingdom 145 Imperial Tobacco Tobacco 24,379 United Kingdom 146 TUI Travel Transport 24,356 United Kingdom 147 Marquard & Bahls Oil and gas 24,258 Germany 148 SHV Holdings Trading 24,141 Netherlands 149 Heineken Beverages 23,898 Netherlands 150 Holcim Building materials 23,378 Switzerland 151 Nordea Financial services 23,258 Finland 152 Fresenius Medical equipment 22,973 Germany 153 Lafarge Building materials 22,970 France 154 Randstad Holding Consulting 22,560 Netherlands 155 KfW Financial services 22,496 Germany 156 Bertelsmann Mass media 22,427 Germany 157 International Airlines Group Aviation 22,390 United Kingdom and Spain 158 Sodexo Food services 22,262 France 159 National Grid Electric utility 22,067 United Kingdom