Ranking by:
Foreign
assets TNI
Assets
Corporation
Home economy
Industry
Sales
Employment
Foreign
Total
Foreign
Total
Foreign d
Total
86 519
TNI b
(Per cent)
76
General Electric
United States
Electrical & electronic equipment
420 300
795 337
172 738
168 112
327 000
51.4
2
3
4
5
6
7
8
9
10
11
12
13
6
35
23
41
75
26
94
78
69
3
38
59
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
United Kingdom
Netherlands/United Kingdom
United Kingdom
United States
Japan
France
France
United States
Germany
Luxembourg
Spain
Germany
Telecommunications
Petroleum expl./ref./dist r.
Petroleum expl./ref./dist r.
Petroleum expl./ref./dist r.
Motor vehicles
Petroleum expl./ref./dist r.
Electricit y, gas and water
Motor vehicles
Electricit y, gas and water
Metals and metal products
Telecommunications
Motor vehicles
230 600
196 828
185 323
174 726
153 406
143 814
128 971
127 854
123 443
119 491
107 603
104 382
254 948
269 470
236 076
242 082
284 722
167 144
274 031
276 459
202 111
133 625
155 856
213 981
60
207
223
269
145
177
40
91
41
105
52
120
317
317
216
184
815
835
343
581
391
216
084
761
71
355
284
390
230
233
87
172
101
105
83
160
070
782
365
328
607
699
792
455
179
216
087
308
62
86
80
50
121
59
16
134
53
244
192
153
008
000
600
904
775
146
971d
734
344
872
127
388
72 375
104 000
97 600
80 800
316 121
96 442
154 033
246 000
90 758
311 000
245 427
328 594
87.0
71.3
79.9
68.0
51.9
74.5
34.7
51.4
53.6
89.4
70.0
56.9
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
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
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
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
Petroleum expl./ref./dist r.
Electrical & electronic equipment
Motor vehicles
Petroleum expl./ref./dist r.
Telecommunications
Telecommunications
Electricit y, gas and water
Motor vehicles
Diversified
Motor vehicles
Petroleum expl./ref./dist r.
Aircraft and parts
Diversified
Transport and storage
Food, beverages and tobacco
Retail
Motor vehicles
Motor vehicles
Pharmaceuticals
Electrical & electronic equipment
Electricit y, gas and water
Electricit y, gas and water
Motor vehicles
Pharmaceuticals
Motor vehicles
Pharmaceuticals
Mining & quarrying
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
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
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
187
106
146
214
77
92
69
82
39
105
128
57
83
93
95
374
94
181
40
98
62
36
202
48
86
41
33
437
651
326
091
961
030
888
464
579
288
450
593
503
496
559
526
949
122
989
786
575
917
658
418
161
295
518
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
267 264 d
635 000
92 122
158 975
44 094
251 262
25 156
14 229
20 683 d
52 859 d
109 476
70 903
24 653
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
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
/...
225
ANNEX A
Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007 a
(Millions of dollars and number of employees)
Ranking by:
Foreign
assets TNI
Assets
Corporation
Home economy
Industry
Sales
226
Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007 a (continued)
(Millions of dollars and number of employees)
Employment
Foreign
Total
Foreign
Total
Foreign d
Total
TNI b
(Per cent)
43
Mitsui & Co Ltd
Japan
Wholesale trade
50 371
85 008
22 858
50 341
40 425
42 621
66.5
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
1
49
57
17
48
34
9
72
40
54
77
73
19
60
11
14
12
15
18
82
95
2
27
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
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
Mining & quarrying
Electrical & electronic equipment
Chemicals
Non-metalic mineral products
Electricit y, gas and water
Non-metallic mineral products
Telecommunications
Motor vehicles
Mining & quarrying
Electrical & electronic equipment
Pharmaceuticals
Petroleum expl./ref./dist r.
Motor vehicles
Electricit y, gas and water
Mining & quarrying
Non-metallic mineral products
Pharmaceuticals
Electrical & electronic equipment
Food, beverages and tobacco
Food, beverages and tobacco
Petroleum expl./ref./dist r.
Chemicals
Aircrafts and parts
49
45
44
44
43
43
43
40
39
39
39
38
38
36
36
35
35
35
34
34
34
33
32
962
424
633
269
683
580
091
186
895
549
400
743
171
726
572
937
363
025
922
443
266
373
310
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
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
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
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
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
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
65
66
67
79
20
5
France
United States
United Kingdom
Diversified
Telecommunications
Other business services
31 723
30 787
30 694
66 361
32 619
34 559
12 151
8 027
10 609
31 881
9 003
12 392
25 354
12 951
76 305
37 223
22 000
84 848
51.3
80.8
88.1
68
31
France
Other consumer goods
30 651
51 069
21 769
25 386
54 771
74 834
73.0
69
70
71
72
73
74
75
76
77
78
79
80
64
44
83
58
30
32
86
42
70
25
62
80
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
Republic of Korea
France
United States
Germany
Netherlands/United Kingdom
United States
Republic of Korea
Switzerland
France
United Kingdom
United Kingdom
Japan
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
30 505
30 398
29 697
29 627
29 581
29 259
29 173
28 681
28 507
28 142
28 113
28 073
57
41
67
49
54
43
99
42
76
35
62
45
50 353
17 111
15 698
55 950
53 613
18 300
82 650
14 872
65 549
16 168
31 004
11 385
81 496
29 090
37 241
94 711
59 159
28 857
105 232
24 036
120 930
21 410
45 505
36 546
40 688
56 977
62 000
138 973
131 000
77 300
29 097
66 459
339 135
56 195
56 614
2 289
79 000
92 454
103 000
253 769
175 000
90 500
84 721
89 364
490 042
69 116
103 483
3 729
55.4
64.5
48.7
57.8
73.1
72.2
47.4
67.7
53.6
78.5
56.0
51.3
/...
772
531
993
863
912
269
749
835
449
813
105
677
World Investment Report 2009: Transnational Corporations, Agricultural Production and Development
41
Ranking by:
Foreign
assets TNI
81
82
83
84
85
86
37
51
21
99
28
65
87
88
89
90
91
92
93
94
95
96
97
98
99
98
100
96
4
66
91
52
24
46
67
8
88
36
100
10
Source:
a
b
c
d
e
f
g
Assets
Corporation
Home economy
Industry
Sales
Foreign
Total
Foreign
Employment
Total
TeliaSonera AB
Alcoa
CRH Plc
Petronas - Petroliam Nasional Bhd
Diageo Plc
United Technologies Corporation
Sweden
United States
Ireland
Malaysia
United Kingdom
United States
Telecommunications
Metals and metal products
Non-metalic mineral products
Petroleum expl./ref./dist r.
Food, beverages and tobacco
Aircrafts and parts
28 027
28 012
27 519
27 431
27 399
26 437
33 788
38 803
29 130
102 616
32 105
54 575
9 402
13 800
28 839
27 219
18 255
28 122
15
30
30
67
21
54
Hyundai Motor Company
CITIC Group
Hitachi Ltd
Pernod Ricard SA
Thyssenkrupp AG
Bayer AG e
Republic of Korea
China
Japan
France
Germany
Germany
Switzerland
United States
United Kingdom
United States
Netherlands
Japan
Norway
Motor vehicles
Diversified
Electrical & electronic equipment
Food, beverages and tobacco
Metal and metal products
Pharmaceuticals
Pharmaceuticals
Electricit y, gas and water
Food, beverages and tobacco
Chemicals
Pharmaceuticals
Wholesale trade
Telecommunications
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
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
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
Canada
Other business services
22 043
22 831
7 126
Novartis e
AES Corporation
British American Tobacco Plc
Dow Chemical Company g
AkzoNobel
Itochu Corporation
Telenor Asa
Thomson Reuters Corporation
ANNEX A
Annex table A.I.9. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2007 a (concluded)
(Millions of dollars and number of employees)
022
748
902
473
320
759
Foreign d
Total
TNI b
(Per cent)
18 374
69 000
47 771
3 965
12 432
148 896
28
107
92
36
24
225
376
000
033
027
373
600
70.1
60.5
79.9
26.0
74.0
55.3
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
5 178 d
18 305
120 982
14 800
106 351
50 000
49 260
25 106 d
34 994
23 100
37 700
23 324
25 600
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
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
7 296
18 911
33 000
83.8
UNCTAD/Erasmus University database.
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:
The list covers non-financial TNCs only. In some companies, foreign investors may hold a minority share of more than 10%.
227
228
Annex table A.I.10. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2008 a
(Millions of dollars and number of employees)
2007 ranking by:
Foreign
assets
TNI
Assets
Corporation
Home economy
Industry
Sales
Total
Foreign
Total
Foreign
97 500
182 515
171 000
51 975
261 393
283 876
321 964
143 886
189 784
41 775
75 853
50 437
124 936
51 487
119 869
74 346
90 095
103 070
153 854
34 689
45 624
65 631
59 093
38 201
89 689
90 799
55 070
..
55 597
66 230
98 465
67 319
73 597
42 886
66 944
25 408
13 009
46 762
27 861
62 720
21 534
42 061
59 792
458 361
365 700
459 579
226 221
250 489
89 463
129 166
120 742
124 936
80 649
158 397
240 842
107 623
133 435
273 005
74 444
85 826
94 536
74 039
44 947
110 317
150 519
60 216
..
80 315
103 326
401 244
92 969
148 979
43 370
103 630
68 128
31 783
246 712
48 296
82 644
38 369
58 065
68
85
76
50
123
59
17
134
57
248
197
179
15
295
105
35
79
96
129
25
182
165
39
73
76
General Electric
United States
Electrical & electronic equipment
400 400
797 769
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
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
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
Daimler AG
Chevron Corporation
France Telecom
Deutsche Telekom AG
GDF Suez
BMW AG
Hutchison Whampoa Limited
Honda Motor Co Ltd
Eni Group
Eads
Procter & Gamble
Deutsche Post AG
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
Telecommunications
Petroleum expl./ref./dist r.
Petroleum expl./ref./dist r.
Petroleum expl./ref./dist r.
Motor vehicles
Petroleum expl./ref./dist r.
Electricit y, gas and water
Motor vehicles
Electricit y, gas and water
Metals and metal products
Telecommunications
Motor vehicles
Petroleum expl./ref./dist r.
Electrical & electronic equipment
Motor vehicles
Petroleum expl./ref./dist r.
Telecommunications
Telecommunications
Electricit y, gas and water
Motor vehicles
Diversified
Motor vehicles
Petroleum expl./ref./dist r.
Aircrafts and parts
Diversified
Transport and storage
Food, beverages and tobacco
Retail
Motor vehicles
Motor vehicles
Pharmaceuticals
Electrical & electronic equipment
Electricit y, gas and water
Electricit y, gas and water
Motor vehicles
Pharmaceuticals
Motor vehicles
Pharmaceuticals
Mining & quarrying
204 920
222 324
187 544
161 245
183 303
141 442
128 644
102 588
141 168
127 127
95 446
123 677
77 864
110 018
87 927
106 129
81 378
95 019
119 374
63 201
70 764
96 313
95 818
66 934
..
72 135
66 316
62 514
61 703
40 532
59 572
52 020
53 557
19 112
63 952
49 151
36 413
50 328
47 064
222
282
228
228
320
164
278
222
218
133
139
233
142
131
184
161
132
171
232
140
87
130
162
105
Roche Group e
IBM
RWE Group
Endesa
Mitsubishi Motors Corporation
Pfizer Inc
Fiat Spa
Sanofi-aventis
Rio Tinto Plc f
593
401
238
052
243
662
759
977
573
088
034
708
865
473
021
165
630
385
718
690
747
236
269
964
..
365 990
99 854
163 429
112 832
91 047
71 532
109 524
130 035
60 199
120 309
111 148
85 974
100 191
89 616
747
000
100
337
580
858
180
000
292
704
096
323
128
000
463
000
193
034
134
467
148
589
400
625
..
283 699
274 043
648 905
81 249
145 229
44 922
283 455
26 688
14 170
11 384
49 929
115 977
69 990
88 356
Total
TNI b
(Per cent)
323 000
52.2
79 097
102 000
92 000
79 900
320 808
96 959
155 931
213 000
96 573
315 867
251 775
357 207
33 800
427 000
273 216
67 000
182 793
227 747
234 653
100 041
220 000
186 421
78 880
118 349
..
451 515
283 000
2100 000
159 227
243 000
80 080
398 455
65 908
26 908
33 390
81 800
198 348
98 213
105 785
/
88.6
73.0
80.8
67.9
53.1
74.5
34.6
55.9
55.2
91.4
70.3
59.6
43.4
78.8
54.5
58.1
50.4
50.3
58.6
50.1
82.8
81.4
56.4
72.3
..
50.6
75.8
31.2
59.4
51.2
79.4
61.1
39.7
41.8
35.4
54.3
58.9
59.2
69.5
World Investment Report 2009: Transnational Corporations, Agricultural Production and Development
Foreign
Nestl SA e
Wal-Mart Stores
Nissan Motor Co Ltd
General Motors
Employment
ANNEX A
Annex table A.I.10. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2008 a (continued)
(Millions of dollars and number of employees)
2007 ranking by:
Foreign
assets
TNI
Assets
Corporation
Home economy
Industry
Sales
Foreign
43
Mitsui & Co Ltd
Japan
Wholesale trade
42
43
44
45
46
1
49
57
17
48
Xstrata PLC
Sony Corporation
BASF AG
Cemex S.A.
Veolia Environnement SA
United Kingdom
Japan
Germany
Mexico
France
Mining & quarrying
Electrical & electronic equipment
Chemicals
Non-metallic mineral products
Electricit y, gas and water
52 227
61 742
43 020
41 211
43 990
..
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
34
9
72
40
54
77
73
19
60
11
14
12
15
18
82
95
2
27
79
20
5
Non-metallic mineral products
Telecommunications
Motor vehicles
Mining & quarrying
Electrical & electronic equipment
Pharmaceuticals
Petroleum expl./ref./dist r.
Motor vehicles
Electricit y, gas and water
Mining & quarrying
Non-metallic mineral products
Pharmaceuticals
Electrical & electronic equipment
Food, beverages and tobacco
Food, beverages and tobacco
Petroleum expl./ref./dist r.
Chemicals
Aircrafts and parts
Diversified
Telecommunications
Other business services
68
31
69
70
71
72
73
74
75
76
77
78
79
80
64
44
83
58
30
32
86
42
70
25
62
80
Compagnie De Saint-Gobain SA France
Nokia
Finland
Renault SA
France
BHP Billiton Group
Australia
Hewlett-Packard
United States
Johnson & Johnson
United States
Repsol YPF SA
Spain
Volvo AB
Sweden
National Grid Transco
United Kingdom
United Kingdom
Anglo American e
Lafarge SA
France
Astrazeneca Plc
United Kingdom
Philips Electronics
Netherlands
Netherlands
Inbev SA e
Japan Tobacco Inc
Japan
Statoil Asa
Norway
Linde AG
Germany
BAE Systems Plc
United Kingdom
Vivendi Universal
France
Liberty Global Inc
United States
WPP Group Plc
United Kingdom
Lvmh Mot-Hennessy Louis
France
Vuitton SA
LG Corp.
Republic of Korea
Pinault-Printemps Redoute SA
France
Kraft Foods Inc.
United States
Metro AG
Germany
Netherlands/United Kingdom
Unilever e
Coca-Cola Company
United States
Samsung Electronics Co., Ltd.
Republic of Korea
Switzerland
Holcim AG e
Carrefour SA
France
United Kingdom
SAB Miller e
United Kingdom
Glaxosmithkline Plc e
Marubeni Corporation
Japan
Foreign
Total
Foreign
Total
TNI b
(Per cent)
..
..
..
..
..
..
314
380
786
064
373
25 215
64 537
48 444
15 529
30 178
27 952
85 179
86 714
18 694
50 391
37 883
113 409
49 560
42 820
189 207
39
171
96
57
297
940
300
924
000
965
93.2
62.9
55.9
82.6
62.6
43 597
50 006
35 560
..
48 258
40 324
32 720
37 105
37 813
44 413
50 003
37 514
33 172
106 247
20 163
37 971
29 847
33 285
35 879
33 903
31 567
60 397
55 090
88 839
..
113 331
84 912
68 795
47 681
64 821
49 738
56 518
46 784
45 986
113 170
42 753
82 632
33 158
37 427
78 867
33 986
35 661
42 761
70 074
35 654
..
81 432
31 438
41 828
37 105
15 000
21 766
22 703
30 607
35 314
17 933
34 824
22 824
15 766
20 063
13 118
10 561
9 508
60 960
70 578
52 597
..
118 364
63 747
80 362
38 879
22 776
26 311
26 490
31 601
36 722
22 411
75 287
93 717
17 624
24 302
35 340
10 561
10 899
153 614
94 916
67 507
..
209 708
69 700
18 403
73 190
17 429
95 000
57 665
55 100
104 300
104 356
14 406
11 495
44 277
61 376
30 135
13 128
88 467
209 175
125 829
130 985
..
321 000
118 700
37 371
101 380
27 886
105 000
75 184
66 100
121 000
119 874
47 977
29 496
51 908
94 000
44 243
22 300
97 438
71.9
88.5
53.1
..
58.9
51.8
49.6
81.8
62.2
87.5
83.6
86.8
84.8
87.0
41.1
36.4
88.3
78.9
50.2
86.2
88.9
Other consumer goods
26 377
43 949
20 500
23 929
51 201
69 957
73.0
Electrical & electronic equipment
Wholesale trade
Food & beverages
Retail
Diversified
Food, beverages and tobacco
Electrical & electronic equipment
Non-metallic mineral products
Retail
Food, beverages and tobacco
Pharmaceuticals
Wholesale trade
13 235
29 362
25 638
24 983
33 470
16 249
28 716
27 312
28 056
25 139
26 593
..
51
37
63
47
50
40
83
42
72
31
57
38 793
17 177
20 765
57 446
38 511
21 338
84 027
14 586
68 196
12 585
23 455
..
71 634
28 116
42 201
94 580
56 399
31 944
96 304
23 650
121 040
18 703
35 499
..
32 962
54 247
59 000
161 925
130 251
79 400
29 009
63 156
342 764
56 195
54 326
..
64 000
88 025
98 000
265 974
174 000
92 400
84 465
86 713
495 287
69 116
99 003
..
43.8
66.9
50.0
58.2
69.9
64.3
52.0
66.3
54.8
76.0
55.8
..
55
132
70
46
68
435
617
078
077
302
519
605
487
487
619
424
..
229
41
Total
Employment
230
Annex table A.I.10. The worlds top 100 non-financial TNCs, ranked by foreign assets, 2008 a (concluded)
(Millions of dollars and number of employees)
2007 ranking by:
Foreign
assets
TNI
Assets
Corporation
Home economy
Industry
Sales
Foreign
Total
Employment
Foreign
Total
Foreign
Total
37
51
TeliaSonera AB
Alcoa
Sweden
Telecommunications
29 195
33 837
8 667
13 262
19 883
30 035
72.6
United States
Metals and metal products
26 973
37 822
12 566
26 901
57 000
87 000
61.2
83
21
Ireland
Non-metallic mineral products
27 787
29 396
27 517
29 070
46 248
93 572
79.5
84
99
Malaysia
Petroleum expl./ref./dist r.
..
..
..
..
..
..
..
85
28
CRH Plc
Petronas - Petroliam Nasional
Bhd
Diageo Plc
United Kingdom
Food, beverages and tobacco
..
..
..
..
..
..
..
86
87
65
98
United Technologies Corporation United States
Hyundai Motor Company
Republic of Korea
Aircrafts and parts
Motor vehicles
28 021
28 314
56 469
81 942
30 716
29 570
58 681
63 308
147 246
19 357
223 100
56 020
56.0
38.6
88
100
CITIC Group
China
Diversified
..
..
..
..
..
..
..
89
96
Hitachi Ltd
Japan
Electrical & electronic equipment
..
..
..
..
..
..
..
90
Pernod Ricard SA
France
Food, beverages and tobacco
..
..
..
..
..
..
..
91
92
66
91
Thyssenkrupp AG
Germany
Germany
Metal and metal products
Pharmaceuticals
30 578
26 317
57 957
71 507
47 690
23 762
74 358
45 073
114 277
53 100
199 374
108 600
58.1
46.1
93
52
Switzerland
Pharmaceuticals
43 505
78 299
40 928
41 459
48 328
96 717
68.1
94
24
Novartis e
AES Corporation
United States
Electricit y, gas and water
23 538
34 806
13 325
16 070
22 417
25 000
80.1
95
46
British American Tobacco Plc
United Kingdom
Food, beverages and tobacco
19 754
40 162
10 244
17 671
75 490
96 381
61.8
96
67
United States
Chemicals
21 197
45 474
39 055
57 514
23 150
46 000
54.9
97
Dow Chemical Company
AkzoNobel
Netherlands
Pharmaceuticals
23 102
26 074
19 474
21 454
55 000
60 000
90.3
98
88
Itochu Corporation
Japan
Wholesale trade
..
..
..
..
..
..
..
99
36
Telenor Asa
Norway
Telecommunications
19 524
26 739
9 036
13 885
28 400
38 800
70.4
100
10
Thomson Reuters Corporation
Canada
Other business services
15 324
36 020
4 317
11 707
25 300
53 700
42.2
Bayer AG
Preliminary 2008 results for the top 100 TNCs of 2007, as ranked in that year. A top 100 list for 2008 will appear in WIR10. All data are based on the companies annual reports unless otherwise stated.
TNI 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 2008.
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:
The list covers non-financial TNCs only. In some companies, foreign investors may hold a minority share of more than 10%.
World Investment Report 2009: Transnational Corporations, Agricultural Production and Development
81
82
Source: UNCTAD.
a
TNI b
(Per cent)
