Connect with us

Technology

Fortune Reveals Fortune 500 Europe

Published

on

Volkswagen at No. 1 leads Top Ten dominated by car makers, energy

Germany leads country count; Financials leads all sectors on the 2024 ranking with 100 companies

Fortune 500 Europe list launched in conjunction with Fortune CEO Forum 2024 in London, convening 40 CEOs for invitation-only event

LONDON, Oct. 23, 2024 /PRNewswire/ — Today, Fortune unveiled the Fortune 500 Europe, the world’s most authoritative ranking of Europe’s largest companies by revenue. Volkswagen claimed the top spot on the Fortune 500 Europe list, with $348 billion in revenue, up 19%, and taking over from Shell, whose revenues fell 16%. While Germany had the largest total of companies from a single country, the Fortune 500 Europe includes companies from 24 different countries in the region.

More than half of all 500 companies come from just 4 countries: Germany (79), UK (77), France (67) and Switzerland (36). But the Franco-German axis is creaking. The region’s most profitable companies are now in Belgium, Switzerland, Norway, and Ireland. In southern Europe, Spain’s and Italy’s companies are marginally more profitable than the region overall.

The Fortune 500 Europe Top 10 List:

Volkswagen (Germany)Shell (UK)TotalEnergies (France)Glencore (Switzerland)   BP (UK)Stellantis (Netherlands) BMW Group (Germany)Mercedes-Benz Group (Germany)Electricité de France (France)Banco Santander (Spain)

SEARCH HERE BY COUNTRY, SECTOR, INDUSTRY AND MORE

Grethe Schepers, Lists Director, Europe said, “The 2024 Fortune 500 Europe list highlights the good and the bad, illustrating pressures on innovation and competitiveness. Profits are up 7.6% but when it comes to diversity, women’s leadership is shrinking—female CEOs now lead just 6.2% of companies, down from 7% last year. The technology sector pales in comparison to the US, accounting for just 2% of all list revenue with profits and employment shrinking. Financials, however, staged a remarkable cyclical comeback boosted by higher interest rates.”

Alex Wood Morton, Executive Editor, Europe added, “Europe is at a crossroads. This year’s list has echoes of the Fortune 500 in America 20 years ago, when it was dominated by oil and gas and car makers. The challenge for European companies is innovation at scale–those that can adapt and embrace new technologies will gain the edge in an increasingly competitive global economy.”

This year’s Fortune 500 Europe list is being launched in conjunction with the Fortune CEO Forum 2024 in London (today), which will convene 40 CEOs for an exclusive and invitation-only event to discuss and dissect the business-critical themes at the top of every CEO’s agenda. The day’s session will address mastering AI responsibly, raising European competitiveness, the transition to green energy, and how to thrive in an ever-changing world for consumers and workers.

For the Fortune 500 Europe list, companies are ranked by total revenues for their latest available respective fiscal years. All companies on the list must publish financial data and report part or all of their figures to a government agency. The latest figures in the list are as reported by the companies; any comparisons are with the prior year’s figures as originally reported. Fortune does not restate the prior year’s figures for changes in accounting.

About Fortune: 
Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum and Brainstorm Tech. For more information, visit fortune.com.

Media Contacts:
Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Aslesha Mehta
Fortune
aslesha.mehta@fortune.com

Logo – https://mma.prnewswire.com/media/2167808/Fortune_Media_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/fortune-reveals-fortune-500-europe-302283681.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

2024 World Science and Technology Development Forum opens in Beijing

Published

on

By

BEIJING, Oct. 23, 2024 /PRNewswire/ — A report from Global Times: The 2024 World Science and Technology Development Forum, organized by the China Association for Science and Technology (CAST), opened on October 22. With the theme “Science and Technology for the Future,” the forum will feature thematic sessions, round-table discussions, and various exchange activities.

Following the opening ceremony in the afternoon, participants visited the exhibition titled “Liu Hui: A Leading Founder of Classical Chinese Mathematical Theories.”

The forum will host over 350 guests from 33 countries and regions, including 14 Nobel, Turing, and Lasker Prize laureates; 27 leaders of international scientific organizations; 41 domestic and international academicians; and more than 200 experts and scholars from top universities, research institutions, and enterprises. The event will conclude in Beijing on October 30. 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/2024-world-science-and-technology-development-forum-opens-in-beijing-302284323.html

SOURCE Global Times

Continue Reading

Technology

United Breast Cancer Foundation is Collaborating with LifeVac for Breast Cancer Awareness Month

Published

on

By

LifeVac donates $10 to UBCF for every Pink LifeVac anti-choking kit sold in October

HUNTINGTON STATION, N.Y., Oct. 23, 2024 /PRNewswire-PRWeb/ — United Breast Cancer Foundation (UBCF) is proud to announce their collaboration with LifeVac this October to celebrate and support Breast Cancer Awareness Month. LifeVac is a choking rescue device produced in the USA and designed to save lives. Portable and non-invasive, LifeVac helps people respond quickly and effectively to choking emergencies.

LifeVac is a choking rescue device produced in the USA and designed to save lives. Through October 31, 2024, for every Pink LifeVac kit purchased, $10 will be donated directly to UBCF to help provide support to breast cancer patients, survivors, and their families.

Through October 31, 2024, for every Pink LifeVac Travel kit or Pink bundle purchased, $10 will be donated directly to UBCF to help provide support to breast cancer patients, survivors, and their families. The Pink LifeVac kit would make a great baby shower gift or simply to have on-hand for your family, especially during the holidays.

LifeVac is a patented, FDA registered Class II medical device, and the Pink LifeVac kit can be found online at http://www.LifeVac.net. Make sure to select the Pink Bundle or the Pink Travel Kit to receive this amazing life-saving device and support United Breast Cancer Foundation. There’s no prescription needed, and LifeVac is covered by HSA/FSA accounts.

“UBCF and LifeVac are two organizations interested in helping people and saving lives. Through our work together, we are educating the community and raising awareness for our important causes,” said Stephanie Mastroianni, Executive Director of UBCF. “By purchasing a Pink LifeVac device, you’re not only protecting your family, you’re helping others directly impacted by breast cancer. Thank you for your purchase this October!”

According to ACS, one in eight women will be diagnosed with breast cancer in their lifetime, and when detected early and localized, breast cancer has a 99% 5-year survival rate. This October, and all year round, UBCF encourages women and men to know their bodies and learn the self-breast exam to help recognize any changes.

For more information about this and other events sponsored by UBCF, please visit (website or link). To make a donation and help support UBCF’s mission, please visit ubcf.org.

Go online and make your Pink LifeVac kit purchase today. One kit covers an entire family for life. In the event the device is used to save a life, LifeVac will replace it for free.

About UBCF:
United Breast Cancer Foundation is a non-profit founded in 2000 with a mission to make a positive difference in the lives of those impacted by breast cancer. UBCF is committed to gifting helpful and supportive donated items and funding breast health and wellness services focused on education, screening, treatment, recovery, and wellness. The platinum rated, 4-star charity offers numerous life-supporting patient and family programs available to women, men, and families nationwide. Tax-deductible contributions (consult your tax advisor) may be made towards UBCF’s programs. UBCF accepts contributions through Donor Advised Funds and vehicle and real estate donations as well. Combined Federal Campaign #77934.

Media Contact

Beth Reichart, United Breast Cancer Foundation, 877-822-4287, Beth@ubcf.org, UBCF.org

Twitter

View original content to download multimedia:https://www.prweb.com/releases/united-breast-cancer-foundation-is-collaborating-with-lifevac-for-breast-cancer-awareness-month-302283922.html

SOURCE United Breast Cancer Foundation

Continue Reading

Technology

Serve with all your might! State Grid Weifang Power Supply Company helps Weifang build the country’s first “zero carbon port”

Published

on

By

WEIFANG, China, Oct. 23, 2024 /PRNewswire/ — On October 15, China Classification Society Quality Certification Co., Ltd. issued the “Carbon Neutral Evaluation Certificate” to Shandong Bohai Bay Port Group Weifang Port, marking that Weifang has built the country’s first “zero carbon port”.

As early as the beginning of the wind power project, the staff of Weifang Power Supply Company of the State Grid took the initiative to carry out personalized and differentiated services. As the project is the first onshore decentralized wind power project in the province, in order to solve a series of problems such as operation mode and grid-connected scheduling, State Grid Weifang Power Supply Company pioneered a set of decentralized wind power project whole-process management service mode, specialized in deployment development, scheduling, digitalization and marketing, and set up the strongest technical team stationed in Weifang Port to re-optimize the design drawings. The automation, communication equipment to re-coordinate, joint test, the implementation of other technical solutions for “one to one” guidance, after three months of concentrated research, one hidden danger all cleared, one problem all solved, to ensure that the wind power project in September 30 this year successfully connected to the grid, 15 months ahead of the planned grid connection time.

It is estimated that the annual power generation of the wind power project is about 69.15 million KWH, which can not only meet the electricity demand of the entire port terminal equipment and ship shore power of 35 million KWH, but also the remaining power can be connected to the Internet to create income for Weifang Port. In addition, compared with conventional coal-fired thermal power units with the same power generation, it can save 21,000 tons of standard coal and reduce carbon dioxide emissions by 57,000 tons per year, which plays an important role in protecting the ecological environment.

In the next step, State Grid Weifang Power Supply Company will continue to give full play to its professional advantages to help Shandong Bohai Bay Port Group Weifang Port build a smart carbon tube control platform, build a green electricity management system, comprehensively improve the level of green electricity consumption, and help build a new ecology of green, low-carbon and high-quality development.

 

View original content:https://www.prnewswire.com/apac/news-releases/serve-with-all-your-might-state-grid-weifang-power-supply-company-helps-weifang-build-the-countrys-first-zero-carbon-port-302284329.html

SOURCE State grid Weifang power supply Company

Continue Reading

Trending