Most valuable brands in Europe
In this article, we will take a look at four of the most valuable companies in Europe – the second smallest continent in the world. Europe has one of the largest economies with a GDP of approximately $15.16 trillion as of 2020. The continent has a population of over 746.4 million and has modernised its economy via agriculture, industrialization, and specialisation of services. The development of the region is traced back to its history of innovation after the first industrial revolution. The European Union has opted for the policy of interconnectedness, which has proven fruitful for its 27 member countries.
Read More: 5 Most Expensive Cities in Europe
The COVID-19 pandemic had a severe economic impact, with the economy declining by 11.2% in the EU in the second quarter of 2020, representing the sharpest drop since 1995.
However, the development was followed by an 11.6% rebound in the three following months. In the opening quarter of 2021, the EU GDP went down by 0.1% following 0.5% in the previous quarter.
Without any further ado let’s start the list of a few valuable companies in Europe.
1. British American Tobacco PLC
Market Cap: $88 billion Revenue: $35.62 billion
British American Tobacco PLC is headquartered in London, United Kingdom, and is one of the largest tobacco companies in the world. The brand has shown a strong market position and is, by far, the biggest tobacco company in terms of net revenues.
2. Unilever N.V.
Market Cap: $149 billion Revenue: $59.85 billion
With an accumulative market cap of $149 billion, Unilever N.V. ranks in the list of the most valuable companies in Europe. Unilever N.V. is one of the largest consumer goods companies in Europe, Asia, the Middle East, and the Americas which owns over 400 popular brand names. The company was structured in 1894 and is headquartered in London.
3. Royal Dutch Shell plc
Market Cap: $153 billion Revenue: $180.54 billion
The company has a market cap of $153 billion. Royal Dutch Shell plc is a giant petrochemical and energy company and is based in the Netherlands. It has gas, upstream, oil products, and chemical products segments.
4. Novo Nordisk A/S
Market Cap: $160 billion Revenue: $20.14 billion
Denmark-based Novo Nordisk A/S is a multinational pharmaceutical company with operations in about eight countries worldwide. Novo Nordisk A/S is primarily involved in the research and development of healthcare products.