Word of the day
12 December 2018

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Top 5 largest companies in the world

  1. Wal-Mart Stores

CTJJ5N Front view of a Walmart supercentre store exterior sign logo Ontario Canada KATHY DEWITT. Image shot 05/2012. Exact date unknown.

There are various types of largest companies in the world. Between them all Wal-Mart Stores is one of the biggest in the world. It’s the world’s largest merchant, with almost 11, 000 in 27 countries all over the world. The company was established by Sam Walton in 1962. He was an Arkansas businessman. This company has 2.2 million employees all over the world.

 

  1. Hon Hai Precision Industry

hon-hai-precision-ind

It’s the world’s largest electronics manufacturer and the distinct technology company between all the biggest companies. It was established in 1974 by CEO Terry Gou. Nowadays the Asian tech giant collects everything from smart phones to exhibit panels for consumers similar to Apple, Cisco, Dell and Sony.

 

  1. Volkswagen

volkswagen

Volkswagen is a popular and reputed company in the world. In 2013 it saled over 9.3 million vehicles all over the world. The Group manages 107 production plants in 19 European countries. Every weekday, 572, 800 employees worldwide produce some 39, 350 vehicles.

 

  1. PetroChina

petrochina

PetroChina is the China’s largest Oil and Gas Company as well as the second largest and valuable in the world. It was established in 1999. Half of its employees work in exploration and production.

 

  1. Agricultural Bank of China

agricultural-bank-of-china-largest-companies-2016

Beside ICBC, Bank of China and China Construction Bank, Agricultural Bank of China is one of China’s “big four” commercial banks. It’s the largest company between all at presence. It also has 23, 547 home branches which serve the largest population in the world.

a merchant (n.) – a person or business that buys and sells goods, especially one that trades with other countries;

precision (n.) – the quality of being very accurate and exact;

distinct (adj.) – able to be clearly seen, heard, smelt or tasted;

CEO (n.) – Chief Executive Officer: the most senior manager in a company who has more authority than anyone else and is responsible for its success;

a consumer (n.) – someone who buys and uses goods and services;

reputed (adj.) – believed by many people;

valuable (adj.) – worth a lot of money;

a branch (n.) – a shop or office representing a large company or organization in a particular area;

Hey! Did you notice that 3 out of 5 largest companies in the world are Chinese?! Do you have any ideas why? And what other big companies do you know?

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