What giant corporation headquartered in Vevey, Switzerland was listed as the world's most profitable in 2011 by Fortune?
"Nestlé Nestlé S.A. (, ; ) is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 on the 2016 edition of the Forbes Global 2000 list of largest public companies. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Twenty-nine of Nestlé's brands have annual sales of over CHF1 billion"
"the world's largest account balances as a percentage of GDP. Switzerland is home to several large multinational corporations. The largest Swiss companies by revenue are Glencore, Gunvor, Nestlé, Novartis, Hoffmann-La Roche, ABB, Mercuria Energy Group and Adecco. Also, notable are UBS AG, Zurich Financial Services, Credit Suisse, Barry Callebaut, Swiss Re, Tetra Pak, The Swatch Group and Swiss International Air Lines. Switzerland is ranked as having one of the most powerful economies in the world. Switzerland's most important economic sector is manufacturing. Manufacturing consists largely of the production of specialist chemicals, health and pharmaceutical goods, scientific and precision measuring instruments"
"Corporation, Apple Inc., Verizon, JPMorgan Chase, and Cardinal Health. In 2013, eight of the world's ten largest companies by market capitalization were American: Apple Inc., ExxonMobil, Berkshire Hathaway, Walmart, General Electric, Microsoft, IBM, and Chevron Corporation. According to Fortune Global 500 2011, the ten largest U.S. employers were Walmart, U.S. Postal Service, IBM, UPS, McDonald's, Target Corporation, Kroger, The Home Depot, General Electric, and Sears Holdings. Apple, Google, IBM, McDonald's, and Microsoft are the world's five most valuable brands in an index published by Millward Brown. A 2012 Deloitte report published in ""STORES"" magazine indicated that of the world's top"
"War I, Solvay was the largest multinational company in the world. It was formerly also active in pharmaceuticals, but agreed to sell that entire division to Abbott Labs for €4.5 billion in September 2009, a deal completed in February 2010. In April 2011, the firm agreed to the €3.4 billion acquisition of French-based chemicals company Rhodia and achieved in September 2011. Since January 2012, the new Solvay is listed on the NYSE Euronext in Paris and joined the CAC 40 index in September 2012 to replace PSA Peugeot Citroën. Solvay is historically listed on the NYSE Euronext in Brussels and"
"shares. The new company would be based in Switzerland and have a manufacturing capacity of 427 million tons a year would vastly exceed the 227 million ton capacity Anhui Conch, the current industry leader in that category. Lafarge Chief Executive Officer Bruno Lafont and Holcim's Chairman Wolfgang Reitzle will be co-Chairmen of the new Group. Eric Olsen, current Lafarge Executive Vice-President, in charge of Operations will be the future CEO of the new Group. Executives from both companies said the deal would save the new company 1.4 billion euros (US$1.9 billion) annually and create ""the most advanced group in the"
"Examples of such technologies include hybrid cars, heat pumps, energy-saving refrigerators, or better insulated windows. Swiss Re Swiss Reinsurance Company Ltd, generally known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world’s second-largest reinsurer. It acquired GE Insurance Solutions in 2006. Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes 2000 Global leading companies 2016. It was also ranked 313th in Fortune Global 500 in 2015. The Swiss Reinsurance Company of Zurich was founded on 19 December 1863 by the Helvetia General Insurance"
"good are particularly relevant, with L'Oreal being the world's largest cosmetic company while LVMH and PPR are the world's two largest luxury product companies. In energy and utilities, GDF-Suez and EDF are amongst the largest energy companies in the world, and Areva is a large nuclear-energy company; Veolia Environnement is the world's largest environmental services and water management company; Vinci SA, Bouygues and Eiffage are large construction companies; Michelin ranks in the top 3 tire manufacturers; JCDecaux is the world's largest outdoor advertising corporation; BNP Paribas, Credit Agricole and Societe Generale rank amongst the largest in the world by assets."
"2011 to 2017 Of the world's 500 largest stock-market-listed companies measured by revenue in 2010, the Fortune Global 500, 37 are headquartered in Germany. 30 Germany-based companies are included in the DAX, the German stock market index. Well-known global brands are Mercedes-Benz, BMW, SAP, Siemens, Volkswagen, Adidas, Audi, Allianz, Porsche, Bayer, BASF, Bosch, and Nivea. Germany is recognised for its specialised small and medium enterprises, known as the Mittelstand model. Around 1,000 of these companies are global market leaders in their segment and are labelled hidden champions. From 1991 to 2010, 40,301 mergers and acquisitions with an involvement of German"
"Hoffmann-La Roche F. Hoffmann-La Roche AG is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Its holding company, Roche Holding AG, has bearer shares listed on the SIX Swiss Exchange. The company headquarters are located in Basel. The company controls the American biotechnology company Genentech, which is a wholly owned affiliate, and the Japanese biotechnology company Chugai Pharmaceuticals, as well as the United States-based Ventana. Roche's revenues during fiscal year 2016 were 50.58 billion Swiss francs, or approximately US$51 billion. Roche is the third-largest pharmaceutical company worldwide. Descendants of the founding Hoffmann and Oeri"
"Groupama (5.42%), Velo Investissement (4.73%), Électricité de France (4.22%), Veolia Environment (2.73%). Public and other institutional investors the remaining 67.3%. Veolia issued two profit warnings in 2011 and announced plans to quit half of the 77 countries where it does business. It launched a €5 billion ($6.4 billion) fire sale of assets. The company and its top executives were facing the prospect of a U.S. class-action lawsuit in January 2012 over allegations that they made “misleading” statements between 2007 and 2011 about its financial well-being. The company, which was described as ""struggling"" by the ""Financial Times"", said that a complaint"
"contribution towards Adecco UK Ltd's costs. Adecco was convicted for unlawful discrimination in France in 2011 and in Belgium in 2015. The Adecco Group The Adecco Group, based in Zurich, Switzerland, is the largest temp staffing firm in the world, and a Fortune Global 500 company. With more than 33,000 FTE employees and around 5,100 branches in over 60 countries and territories around the world, The Adecco Group offers a wide variety of services that include temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting. The Adecco Group key markets are France, North America,"
"has an important and long-established finance sector, which specialises in private banking, managing assets of about US$1 trillion, and the financing of international trade. In the September 2017 Global Financial Centres Index, Geneva was ranked as being the 15th most competitive financial centre in the world (up from 20th in March 2017) and the fifth most competitive in Europe (after London, Zürich, Frankfurt, and Luxembourg). Geneva hosts the international headquarters of companies such as Japan Tobacco International, Mediterranean Shipping Company, Vitol, Gunvor, Mercuria Energy Group. Merck Serono, SITA, Société Générale de Surveillance, STMicroelectronics, and Weatherford International. Many other multinational companies"
"family, which holds 10.48%. ABB Group ABB (ASEA Brown Boveri) (, , ) is a Swiss-Swedish multinational corporation headquartered in Zurich, Switzerland, operating mainly in robotics, power, heavy electrical equipment and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States. ""Allmänna Svenska Elektriska Aktiebolaget"" (General Swedish Electrical Limited Company, ASEA) was founded in 1883 by Ludvig Fredholm in Västerås as manufacturer"
"Zurich Insurance Group Zurich Insurance Group Ltd. is a Swiss insurance company, commonly known as Zurich, headquartered in Zürich, Switzerland. The company is Switzerland's largest insurer. As of 2017, the group is the world's 91st largest public company according to Forbes' Global 2000s list, and in 2011 it ranked 94th in Interbrand's top100 brands. Zurich is a global insurance company which is organized into three core business segments: General Insurance, Global Life and Farmers. Zurich employs almost 54,000 people serving customers in more than 170 countries and territories around the globe. The company is listed on the SIX Swiss Exchange."
"April 18, 2011, in a cycling accident in South Africa at the age of 47. The Ferrero Group worldwide – now headed by CEO Giovanni Ferrero – includes 38 trading companies, 18 factories, approximately 40,000 employees and produces around 365,000 tonnes of Nutella each year. Ferrero International SA's headquarters is in Luxembourg. Ferrero SpA is a private company owned by the Ferrero family and has been described as ""one of the world's most secretive firms"". Reputation Institute's 2009 survey ranks Ferrero as the most reputable company in the world. The recently announced financial results for the fiscal year ending August"
"a leading exporter of high-end watches and clocks. Swiss companies produce most of the world's high-end watches: in 2011 exports reached nearly 19.3 billion CHF, up 19.2% over the previous year. The watches go to Asia (55%), Europe (29%), Americas (14%), Africa and Oceania (both 1%). In 2011, Switzerland lead the world by exporting over 20 billion USD value of all types of watches, followed by Hong Kong, at under USD$10 billion. China exported the highest number of watches by far in 2011. Switzerland has one of the most competitive pharmaceutical industry in the world. Major swiss pharma companies include"
"into eleven countries employing approximately 11,000 people and managing 15 billion EUR (USD 22 billion) for 2 million customers in 2007. In 2007 Swiss Life, the largest Swiss Life Insurance provider, bought the entire company for CHF 1,9 billion (approx. USD 2.1 billion) Maschmeyer presently maintains significant holdings in a variety of companies. In a recent study about the fastest growing startups in Germany, his private equity fund is the only one invested in two companies that were ranked in the top 10. Maschmeyer is number 112 in the list of the 500 richest Germans. His assets are estimated at"
"Rolex Rolex SA () is a Swiss luxury watchmaker. Founded by Hans Wilsdorf and Alfred Davis in London, England in 1905 as ""Wilsdorf and Davis"", Rolex moved its base of operations to Geneva, Switzerland in 1919 to avoid heavy taxation from a recovering post war Britain. The company is currently owned by the Hans Wilsdorf Foundation, a private family trust. Rolex and its subsidiary Montres Tudor SA design, manufacture, distribute and service wristwatches sold under the Rolex and Tudor brands. ""Forbes"" ranked Rolex 64th on its 2016 list of the world's most powerful global brands. As of November 2018, among"
"Swiss-based Richemont have also created extended portfolios of luxury brands. The company is a component of the Euro Stoxx 50 stock market index. Co-founder Alain Chevalier died 1 November 2018, aged 87. LVMH is headquartered in the 8th arrondissement of Paris, France. The company is listed on the Euronext Paris exchange, and is a constituent of the CAC 40 index. As of 2010, the group had revenues of €20.3 billion with a net income of just over €3 billion. By 29 February 2016, the company had a share value of 78,126 million euros, distributed in 506,980,299 shares. In 2013, with"
"from tax, and Swiss laws, which almost completely exempt local branches of foreign companies. According to the expose, this would have otherwise generated a British tax bill on a little over £2 billion. It said Vodafone publishes a single, combined set of accounts for its Luxembourg subsidiaries and their Swiss branches. For the one company, profits worth £1.6 billion were taxed at less than 1% in 2011, and the profits are likely to have been attributed to Switzerland. In its response to these allegations, Vodafone has said the Swiss branch has not been involved in Vodafone's global financing for a"
"Swiss Re Swiss Reinsurance Company Ltd, generally known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world’s second-largest reinsurer. It acquired GE Insurance Solutions in 2006. Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes 2000 Global leading companies 2016. It was also ranked 313th in Fortune Global 500 in 2015. The Swiss Reinsurance Company of Zurich was founded on 19 December 1863 by the Helvetia General Insurance Company (now using the trade name of ""Helvetia"" insurance) in St. Gallen, the Schweizerische Kreditanstalt"
"Swiss Life The Swiss Life Group is the largest life insurance company of Switzerland and one of Europe’s leading comprehensive life and pensions and financial solutions providers, with approximately CHF 224 bn of assets under management. Founded in 1867 in Zurich as the ""Schweizerische Lebensversicherungs und Rentenanstalt"" cooperative, the company entered the Swiss stock market in 1997 and adopted its current name in 2002. In 2017 the group declared a premium income of CHF 18.6 bn, a 6% increase over the previous year. Net profit increased by 9% to CHF 1013 million. Swiss Life is one of the twenty companies"
"of its North American headquarters. On September 1, 2013, the company changed its name to beqom. In July 2014, Swisscom Ventures, the investing arm of Swisscom AG, and Renaissance PME, a Swiss pension investing fund managed by Swiss technology investor Vinci Capital, announced that they had completed a financing round with beqom to help fund its international expansion efforts. 18. Beqom Simplifies Compensation in Sophisticated Ways Beqom beqom is a global provider of compensation management software, delivered using a cloud computing platform. beqom has its global headquarters in Fribourg, Switzerland, with offices throughout North America and EMEA. Components of the"
"SGS S.A. SGS (formerly Société Générale de Surveillance (French for ""General Society of Surveillance"")) is a multinational company headquartered in Geneva, Switzerland which provides inspection, verification, testing and certification services. It has more than 95,000 employees and operates over 2,400 offices and laboratories worldwide. It ranked on Forbes Global 2000 in 2015, 2016 and 2017. The core services offered by SGS include the inspection and verification of the quantity, weight and quality of traded goods, the testing of product quality and performance against various health, safety and regulatory standards, and to make sure that products, systems or services meet the"
"other protected areas, 90% or more of the land mass has been converted to cocoa. Less than four percent of Ivory Coast remains densely forested, and the chocolate companies’ laissez-faire approach to sourcing has driven extensive deforestation in Ghana as well. In Ivory Coast, deforestation has pushed chimpanzees into just a few small pockets, and reduced the country's elephant population from several hundred thousand to about 200-400. Nestlé efforts relating to social responsibility programs include: Nestlé Nestlé S.A. (, ; ) is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company"
"of a 50/50 joint venture, the Polo Ralph Lauren Watch and Jewelry Company SÀRL. In October 2008, the Group divested all of its remaining interests in the tobacco industry. , Compagnie Financière Richemont SA is the sixth largest corporation by market capitalization in the Swiss Market Index. As of 2014, Richemont is the second-largest luxury goods company in the world after LVMH. Compagnie Financière Richemont SA organizes its business activities into three operating divisions: Jewellery Maisons, Specialist Watchmakers and Other Businesses. Cartier, Van Cleef & Arpels, and Giampiero Bodino constitute the Jewellery Maisons. The Specialist Watchmakers group is composed of"
"for €10,6 Billion; Merck KGaA paid CHF 1,100 for each share. The new entity, which merges Serono with Merck's Ethicals division, is called Merck Serono. Its headquarters was in Geneva, within the new Serono facilities. The US operations remain near Boston. The process of merging started in January 2007 after various business regulatory reviews and phases were complete. Until that time, Serono and Merck KGaA operated as separate entities. The new, combined entity, Merck Serono is the size of other large biotechs. In 2011, a decision was made to close the Geneva headquarters and move the headquarters to Darmstadt, Germany"
"Veolia Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in four main service and utility areas traditionally managed by public authorities – water management, waste management, transport and energy services. In 2012, Veolia employed 318,376 employees in 48 countries. Its revenue in that year was recorded at €29.4 billion. It is quoted on Euronext Paris. It is headquartered in Aubervilliers. Between 1998 and 2003 the company was known as Vivendi Environnement, having been spun off from the Vivendi conglomerate, most of the rest of which became Vivendi. Prior to 1998 Vivendi was known as Compagnie"
"than €150 million. The partners with which the Aluminij does business are renowned global companies, from which the most important are: Venture Coke Company L.L.C. (Venco-Conoco joint Venture) from the USA, Glencore International AG from Switzerland, Debis International trading GmbH, Daimler-Chrysler and VAW Aluminium Technologie GmbH from Germany, Hydro ASA from Norway, Fiat from Italy, and TLM-Šibenik from Croatia[5]. Mostar area alone receives an income of €40 million annually from Aluminij. Prijedor is the sixth largest city in Bosnia and Herzegovina. It is an economically prosperous municipality hosting a wide range of industries, services and educational institutions. The city's geographical"
"owner of Harry Winston, Inc. in New York, USA, a jewellery and luxury watch company. The transaction closed on 26 March 2013 for 711 million Swiss Francs. Nayla Hayek became CEO. The company bought the world's biggest flawless blue diamond, The Winston Blue, on 15 May 2014. ""Prestige and Luxury Range"" ""High Range"" ""Middle Range"" ""Entry Range"" ""Private label"" Swatch subsidiary ETA SA, which is based in Grenchen, Switzerland, furnishes many OEM brands, such as LVMH, which markets TAG Heuer, Hublot and Zenith watch lines, and Richemont, which markets amongst others, Baume & Mercier, IWC, Jaeger-LeCoultre, Mont Blanc, Officine Panerai,"
"of global corporations, including Air Products, Best Buy, BP, DuPont, IBM, Jabil Circuit, Procter & Gamble and Scottish and Southern Energy. <br> VantagePoint Capital Partners VantagePoint Capital Partners is a venture capital firm with investments in the cleantech, information technology and healthcare sectors. Founded in 1996, by Alan E. Salzman and Jim Marver, the firm has raised over $4 billion with more than $1 billion dedicated specifically to cleantech. VantagePoint is based in San Bruno, California with offices in Beijing and Hong Kong. In 2011-2012, it has changed its name from ""VantagePoint Venture Partners"" into ""VantagePoint Capital Partners"", citing a"
"ABB Group ABB (ASEA Brown Boveri) (, , ) is a Swiss-Swedish multinational corporation headquartered in Zurich, Switzerland, operating mainly in robotics, power, heavy electrical equipment and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States. ""Allmänna Svenska Elektriska Aktiebolaget"" (General Swedish Electrical Limited Company, ASEA) was founded in 1883 by Ludvig Fredholm in Västerås as manufacturer of electrical light and"
"global corporations, professional firms, governments, NGOs, and educational institutions. 2018 — The Boston Consulting Group, IBM, Nationwide, Northrop Grumman Corporation 2017 — 3M, BMO Financial Group, Rockwell Automation 2016 — Gap Inc. 2015 — Chevron Corporation, Procter & Gamble 2014 — Kimberly-Clark Corporation, Lockheed Martin Corporation 2013 — Alcoa Inc., The Coca-Cola Company, Unilever 2012 — Commonwealth Bank of Australia, Sodexo 2011 — Kaiser Permanente, McDonald's Corporation, Time Warner Inc. 2010 — Campbell Soup Company, Deloitte LLP, RBC, Telstra Corporation Limited 2009 — Baxter International Inc., CH2M Hill, Gibbons P.C., KPMG LLP The full list of winners since 1987 is"