Ranking by:

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

76
6
35
23
41
75
26
94
78
69
3
38
59
90
33
63
56
74
85
39
61
13
16
68
29
50
89
7
97
47
84
22
55
92
87
93
71
45
53
81

Foreign
assets TNI b

General Electric
Vodafone Group Plc
Royal Dutch/Shell Group
British Petroleum Company Plc
ExxonMobil
Toyota Motor Corporation
Total
Electricit De France
Ford Motor Company
E.ON AG
ArcelorMittal
Telefnica SA
Volkswagen Group
ConocoPhillips
Siemens AG
DaimlerChrysler AG
Chevron Corporation
France Telecom
Deutsche Telekom AG
Suez
BMW AG
Hutchison Whampoa Limited
Honda Motor Co Ltd
Eni Group
Eads
Procter & Gamble
Deutsche Post AG
Nestl SA e
Wal-Mart Stores
Nissan Motor Co Ltd
General Motors
Roche Group e
IBM
RWE Group
Endesa
Mitsubishi Motors Corporation
Pfizer Inc
Fiat Spa
Sanofi-aventis e
Rio Tinto Plc f

Corporation
United States
United Kingdom
Netherlands/United Kingdom
United Kingdom
United States
Japan
France
France
United States
Germany
Luxembourg
Spain
Germany
United States
Germany
Germany/United States
United States
France
Germany
France
Germany
Hong Kong, China
Japan
Italy
Netherlands
United States
Germany
Switzerland
United States
Japan
United States
Switzerland
United States
Germany
Spain
Japan
United States
Italy
France
Australia/United Kingdom

Home economy
Electrical & electronic equipment
Telecommunications
Petroleum expl./ref./distr.
Petroleum expl./ref./distr.
Petroleum expl./ref./distr.
Motor vehicles
Petroleum expl./ref./distr.
Electricity, gas and water
Motor vehicles
Electricity, gas and water
Metals and metal products
Telecommunications
Motor vehicles
Petroleum expl./ref./distr.
Electrical & electronic equipment
Motor vehicles
Petroleum expl./ref./distr.
Telecommunications
Telecommunications
Electricity, gas and water
Motor vehicles
Diversified
Motor vehicles
Petroleum expl./ref./distr.
Aircraft and parts
Diversified
Transport and storage
Food, beverages and tobacco
Retail
Motor vehicles
Motor vehicles
Pharmaceuticals
Electrical & electronic equipment
Electricity, gas and water
Electricity, gas and water
Motor vehicles
Pharmaceuticals
Motor vehicles
Pharmaceuticals
Mining & quarrying

Industry c
420 300
230 600
196 828
185 323
174 726
153 406
143 814
128 971
127 854
123 443
119 491
107 603
104 382
103 457
103 055
100 458
97 533
97 011
96 005
90 735
84 362
83 411
83 232
78 368
75 126
70 241
68 321
65 676
62 961
61 673
61 507
58 808
57 699
56 127
55 082
54 606
54 360
54 313
53 817
50 588

Foreign

Assets

795 337
254 948
269 470
236 076
242 082
284 722
167 144
274 031
276 459
202 111
133 625
155 856
213 981
177 757
134 778
198 872
148 786
148 952
177 630
116 483
131 013
102 445
110 663
149 360
111 079
143 992
346 630
101 874
163 514
104 732
148 883
69 465
120 431
123 113
120 244
103 109
115 268
88 526
105 865
101 391

Total
86 519
60 317
207 317
223 216
269 184
145 815
177 835
40 343
91 581
41 391
105 216
52 084
120 761
56 004
75 961
113 083
120 085
36 954
46 845
52 322
64 920
33 260
87 276
73 473
52 514
50 498
56 652
94 079
90 640
72 469
80 577
40 554
62 275
26 008
15 993
43 443
25 265
62 818
23 359
15 623

Foreign

Sales
Total
172 738
71 070
355 782
284 365
390 328
230 607
233 699
87 792
172 455
101 179
105 216
83 087
160 308
187 437
106 651
146 326
214 091
77 961
92 030
69 888
82 464
39 579
105 288
128 450
57 593
83 503
93 496
95 559
374 526
94 949
181 122
40 989
98 786
62 575
36 917
202 658
48 418
86 161
41 295
33 518

Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007a
(Millions of dollars and number of employees)

168 112
62 008
86 000
80 600
50 904
121 775
59 146
16 971d
134 734
53 344
244 872
192 127
153 388
14 591d
272 000
105 703
34 000
81 159
92 488
82 070
27 376
190 428d
158 962
39 319
72 471
101 220
279 523
267 264d
635 000
92 122
158 975
44 094
251 262
25 156
14 229
20 683d
52 859d
109 476
70 903
24 653

Foreignd

Total
327 000
72 375
104 000
97 600
80 800
316 121
96 442
154 033
246 000
90 758
311 000
245 427
328 594
32 600
398 000
272 382
65 000
187 331
241 426
149 131
107 539
230 000
178 960
75 862
116 493
138 000
475 100
276 000
2055 000
180 535
266 000
78 604
386 558
63 439
27 019
60 664
86 600
185 227
99 495
45 997

Employment

51.4
87.0
71.3
79.9
68.0
51.9
74.5
34.7
51.4
53.6
89.4
70.0
56.9
44.3
72.0
55.5
58.0
52.0
47.8
69.3
56.2
82.7
82.3
53.8
73.7
60.9
46.4
86.6
31.2
62.1
48.5
79.9
58.7
42.3
47.3
36.2
53.5
64.5
59.6
50.0
/...

TNI b
(Per cent)

ANNEX A
225

31

64
44
83
58
30
32
86
42
70
25
62
80

68

43
1
49
57
17
48
34
9
72
40
54
77
73
19
60
11
14
12
15
18
82
95
2
27
79
20
5

69
70
71
72
73
74
75
76
77
78
79
80

41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Ranking by:
Foreign
assets TNI b

Mitsui & Co Ltd

Xstrata PLC
Sony Corporation
BASF AG
Cemex S.A.
Veolia Environnement SA
Compagnie De Saint-Gobain SA
Nokia
Renault SA
BHP Billiton Group
Hewlett-Packard
Johnson & Johnson
Repsol YPF SA
Volvo AB
National Grid Transco
Anglo American e
Lafarge SA
Astrazeneca Plc
Philips Electronics
Inbev SA e
Japan Tobacco Inc
Statoil Asa
Linde AG
BAE Systems Plc
Vivendi Universal
Liberty Global Inc
WPP Group Plc
Lvmh Mot-Hennessy Louis
Vuitton SA
LG Corp.
Pinault-Printemps Redoute SA
Kraft Foods Inc.
Metro AG
Unilever e
Coca-Cola Company
Samsung Electronics Co., Ltd.
Holcim AG e
Carrefour SA
SAB Miller e
Glaxosmithkline Plc e
Marubeni Corporation

Corporation

Republic of Korea
France
United States
Germany
Netherlands/United Kingdom
United States
Republic of Korea
Switzerland
France
United Kingdom
United Kingdom
Japan

France

Japan
United Kingdom
Japan
Germany
Mexico
France
France
Finland
France
Australia
United States
United States
Spain
Sweden
United Kingdom
United Kingdom
France
United Kingdom
Netherlands
Netherlands
Japan
Norway
Germany
United Kingdom
France
United States
United Kingdom

Home economy

Electrical & electronic equipment

Wholesale trade
Food, beverages and tobacco
Retail
Diversified
Food, beverages and tobacco
Electrical & electronic equipment
Non-metallic mineral products
Retail
Food, beverages and tobacco
Pharmaceuticals
Wholesale trade

Other consumer goods

Wholesale trade
Mining & quarrying
Electrical & electronic equipment
Chemicals
Non-metalic mineral products
Electricity, gas and water
Non-metallic mineral products
Telecommunications
Motor vehicles
Mining & quarrying
Electrical & electronic equipment
Pharmaceuticals
Petroleum expl./ref./distr.
Motor vehicles
Electricity, gas and water
Mining & quarrying
Non-metallic mineral products
Pharmaceuticals
Electrical & electronic equipment
Food, beverages and tobacco
Food, beverages and tobacco
Petroleum expl./ref./distr.
Chemicals
Aircrafts and parts
Diversified
Telecommunications
Other business services

Industry

30 505
30 398
29 697
29 627
29 581
29 259
29 173
28 681
28 507
28 142
28 113
28 073

30 651

50 371
49 962
45 424
44 633
44 269
43 683
43 580
43 091
40 186
39 895
39 549
39 400
38 743
38 171
36 726
36 572
35 937
35 363
35 025
34 922
34 443
34 266
33 373
32 310
31 723
30 787
30 694

Foreign

Assets

57 772
41 531
67 993
49 863
54 912
43 269
99 749
42 835
76 449
35 813
62 105
45 677

51 069

85 008
52 249
110 112
68 897
49 908
68 169
60 559
55 350
100 395
75 889
88 699
80 954
69 430
50 151
75 765
44 762
41 672
47 957
53 501
42 248
44 625
89 319
36 736
40 585
66 361
32 619
34 559

Total

50 353
17 111
15 698
55 950
53 613
18 300
82 650
14 872
65 549
16 168
31 004
11 385

21 769

22 858
25 883
58 824
49 520
18 007
27 045
44 884
74 689
40 596
53 632
69 472
28 651
39 162
42 319
13 293
20 475
21 990
27 578
37 736
16 156
23 208
25 024
16 268
22 296
12 151
8 027
10 609

Foreign

Sales

81 496
29 090
37 241
94 711
59 159
28 857
105 232
24 036
120 930
21 410
45 505
36 546

25 386

50 341
28 542
77 819
85 310
21 780
48 032
63 920
75 163
59 888
59 473
104 286
61 095
76 694
44 500
22 883
25 470
25 930
29 559
39 442
21 242
56 226
96 426
18 116
28 664
31 881
9 003
12 392

Total

Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007a (continued)
(Millions of dollars and number of employees)

40 688
56 977
62 000
138 973
131 000
77 300
29 097
66 459
339 135
56 195
56 614
2 289

54 771

40 425
36 175
119 500
48 285
50 041
202 884
151 085
75 836
67 092
26 306
112 367
69 994
18 074
73 040
17 150
89 000
53 167
56 100
106 715
77 209
14 251
11 000
44 477
57 459d
25 354
12 951
76 305

Foreignd

Total

79 000
92 454
103 000
253 769
175 000
90 500
84 721
89 364
490 042
69 116
103 483
3 729

74 834

42 621
37 698
180 500
95 175
66 612
319 502
205 730
100 534
130 179
41 732
172 000
119 200
36 701
101 700
27 373
100 000
69 319
67 900
123 801
88 690
47 459
29 500
50 645
88 000
37 223
22 000
84 848

Employment

55.4
64.5
48.7
57.8
73.1
72.2
47.4
67.7
53.6
78.5
56.0
51.3
/...

73.0

66.5
94.1
61.0
57.9
82.2
61.3
71.9
84.2
53.1
68.6
58.8
51.4
52.0
81.0
56.4
83.7
82.6
83.2
82.4
81.9
49.5
33.9
89.5
74.2
51.3
80.8
88.1

TNI b
(Per cent)

226
World Investment Report 2009: Transnational Corporations, Agricultural Production and Development

Ranking by:

TeliaSonera AB
Alcoa
CRH Plc
Petronas - Petroliam Nasional Bhd
Diageo Plc
United Technologies Corporation
Hyundai Motor Company
CITIC Group
Hitachi Ltd
Pernod Ricard SA
Thyssenkrupp AG
Bayer AG e
Novartis e
AES Corporation
British American Tobacco Plc e
Dow Chemical Company g
AkzoNobel
Itochu Corporation
Telenor Asa
Thomson Reuters Corporation

UNCTAD/Erasmus University database.

37
51
21
99
28
65
98
100
96
4
66
91
52
24
46
67
8
88
36
10

Corporation
Sweden
United States
Ireland
Malaysia
United Kingdom
United States
Republic of Korea
China
Japan
France
Germany
Germany
Switzerland
United States
United Kingdom
United States
Netherlands
Japan
Norway
Canada

Home economy
Telecommunications
Metals and metal products
Non-metalic mineral products
Petroleum expl./ref./distr.
Food, beverages and tobacco
Aircrafts and parts
Motor vehicles
Diversified
Electrical & electronic equipment
Food, beverages and tobacco
Metal and metal products
Pharmaceuticals
Pharmaceuticals
Electricity, gas and water
Food, beverages and tobacco
Chemicals
Pharmaceuticals
Wholesale trade
Telecommunications
Other business services

Industry c
28 027
28 012
27 519
27 431
27 399
26 437
25 939
25 514
24 824
24 609
24 607
24 573
23 464
23 356
23 144
23 071
22 770
22 099
22 068
22 043

Foreign

Assets

33 788
38 803
29 130
102 616
32 105
54 575
89 571
180 945
92 376
27 132
56 049
75 634
75 452
34 453
37 516
48 801
28 328
46 100
29 729
22 831

Total
9 402
13 800
28 839
27 219
18 255
28 122
33 692
3 287
33 814
8 917
48 841
24 746
37 643
10 947
31 803
35 242
13 027
10 926
11 191
7 126

Foreign

Sales

15 022
30 748
30 902
67 473
21 320
54 759
74 353
14 970
98 480
9 711
76 142
47 674
38 072
13 588
52 552
53 513
15 040
25 098
17 093
7 296

Total
18 374
69 000
47 771
3 965
12 432
148 896
5 178d
18 305
120 982
14 800
106 351
50 000
49 260
25 106d
34 994
23 100
37 700
23 324
25 600
18 911

Foreignd

The list covers non-financial TNCs only. In some companies, foreign investors may hold a minority share of more than 10%.

Total
28 376
107 000
92 033
36 027
24 373
225 600
55 629
107 340
347 810
17 625
191 350
106 200
98 200
28 000
53 907
45 900
42 600
48 657
35 800
33 000

Employment

All data are based on the companies annual reports unless otherwise stated.
TNI, the Transnationlity Index, is calculated as the average of the following three ratios: foreign assets to total assets, foreign sales to total sales and foreign employment to total employment.
Industry classification for companies follows the United States Standard Industrial Classification as used by the United States Securities and Exchange Commission (SEC).
In the number of cases foreign employment data are calculated by applying the share of foreign employment in total employment of the previous year to total employment of 2007.
Data for foreign activities are outside Europe.
Data for foreign activities are outside Australia, New Zealand and Europe.
Data for foreign activities are outside of North America.

Note:

Source:

81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

Foreign
assets TNI b

Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007a (concluded)
(Millions of dollars and number of employees)

70.1
60.5
79.9
26.0
74.0
55.3
27.9
17.7
32.0
88.8
54.5
43.8
60.0
79.3
62.4
54.5
85.2
46.5
70.4
83.8

TNI b
(Per cent)

ANNEX A
227