Switzerland’s Nestlé comes in the top ten

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 January 3, 2011 minutes 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.

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