Four Swiss companies have made it into the list of 100 most valuable enterprises worldwide, according to Germany’s business newspaper the Handelsblatt.
This content was published on
1 minute
swissinfo.ch and agencies
The food concern, Nestlé, with a stock market valuation of €155.5 billion (SFr194 billion), comes in tenth place in this year’s assessment of leading companies.
The Basel-based pharmaceutical company Novartis, valued at €118.3 billion, comes in 27th while cross-city rival Roche (€95.5 billion) is ranked 40th.
Xstrata, the Zug-based mining concern, makes it to 98th position, with a market value of €52.6 billion.
The United States oil company, Exxon, tops the rankings with a value of €279.1 billion.
Among the top 100, 38 are from the US, two more than in 2009. European firms account for 34 in the ranking, two less than in the previous year.
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Nestlé to expand medical nutrition business
This content was published on
Nestlé says it will invest around $500 million (SFr491 million) over the next decade in the sector. However, analysts say the multinational will have a tough time overcoming regulatory hurdles and having its products meet expectations. The firm said on Monday that it hopes to “pioneer a new industry between food and pharma” through the…
This content was published on
The Basel-based multinational aims to save SFr2.4 billion ($2.42 billion) a year by reducing its workforce by 4,800 and outsourcing another 700 positions. Share prices rose on the announcement, but analyst reaction was mixed. The “Operational Excellence Program” unveiled on Wednesday came as no great surprise as Roche had earlier given strong hints that it…
This content was published on
At the end of a six-week trial on Monday it awarded compensatory damages of $3.3 million (SFr3.74 million) to 12 women, and punitive damages to a larger group. The class action lawsuit – representing 5,600 women – alleged that the women were discriminated against in the areas of pay, promotions, and pregnancy-related matters. They are…
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.