Top 10 Biggest companies by revenue in Germany (2023 data)

Germany’s top companies dominate various industries, from automotive to energy and insurance. Volkswagen leads the pack with $284 billion in revenue, followed by Uniper, Mercedes-Benz, BMW, and Allianz. Other notable companies include Deutsche Telekom, E.ON, Deutsche Post, BASF, and Siemens.

1. Volkswagen

Industry: automotive

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $284210 Millions

Stock symbol: VOW3.DE

‘Volkswagen’ Home Page

Volkswagen, founded in 1937, is headquartered in Wolfsburg, Germany. It operates in numerous countries worldwide, with operations in over 150 countries. The company’s main activities revolve around the manufacturing and distribution of automobiles, including popular brands such as Volkswagen, Audi, Porsche, and Lamborghini. Additionally, Volkswagen provides various services related to automotive financing, leasing, and fleet management.

2. Uniper

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $269370 Millions

Stock symbol: UN01.DE

Uniper Home Page

Uniper is a multinational energy company headquartered in Düsseldorf, Germany, founded in 2016. It operates in multiple countries, with a presence in over 40 countries worldwide. Uniper’s main activities include power generation, energy trading, and providing energy-related services. The company offers a wide range of products and services in the energy sector, including electricity, natural gas, and energy solutions. Uniper also has various brands under its umbrella, such as E.ON, which it acquired in 2020.

3. Mercedes-Benz

Industry: automotive

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $153950 Millions

Stock symbol: MBG.DE

Mercedes-Benz Home Page

Mercedes-Benz, headquartered in Stuttgart, Germany, was founded in 1926. It operates in numerous countries worldwide, with a presence in over 100 countries. The company is primarily engaged in the manufacturing and distribution of luxury automobiles, buses, and trucks. Mercedes-Benz is renowned for its high-quality vehicles and iconic brands such as the S-Class, E-Class, and GLE.

4. BMW

Industry: automotive

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $139790 Millions

Stock symbol: BMW.DE

BMW Home Page

BMW is headquartered in Munich, Germany, and was founded in 1916. It operates in over 150 countries worldwide. The company’s main activities include the manufacturing and selling of luxury automobiles, motorcycles, and engines. BMW is known for its iconic brands such as BMW, MINI, and Rolls-Royce.

5. Allianz

Industry: insurance

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $136240 Millions

Stock symbol: ALV.DE

Allianz Home Page

Allianz is a multinational financial services company headquartered in Munich, Germany. It was founded in 1890. With operations in over 70 countries, Allianz is a global player in the insurance and asset management industry. Their main activities include providing insurance products and services, as well as investment and retirement solutions. Allianz is known for its strong brand presence and offers a wide range of insurance options for individuals, businesses, and institutions.

6. Deutsche Telekom

Industry: telecommunications

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $121680 Millions

Stock symbol: DTE.DE

Deutsche Telekom Home Page

Deutsche Telekom, headquartered in Bonn, Germany, was founded in 1995. It operates in multiple countries, with a presence in over 50 countries worldwide. The company’s main activities include providing telecommunications services, mobile and fixed-line communications, internet services, and IT solutions. Deutsche Telekom offers various products and services such as mobile and landline telephony, broadband internet, digital television, and network infrastructure. Some of its notable brands include T-Mobile, Magenta, and Telekom.

7. E.ON

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $107920 Millions

Stock symbol: EOAN.DE

E.ON Home Page

E.ON is a multinational energy company headquartered in Essen, Germany, founded in 2000. It operates in numerous countries, with a presence in over 30 countries worldwide. The company’s main activities revolve around the generation, distribution, and supply of electricity and natural gas. E.ON offers a wide range of products and services, including renewable energy solutions, energy efficiency services, and smart home technologies. Some of its notable brands include E.ON Drive, E.ON SolarCloud, and E.ON Aura.

8. Deutsche Post

Industry: logistics

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $100420 Millions

Stock symbol: DPW.DE

Deutsche Post Home Page

Deutsche Post, founded in 1995, is headquartered in Bonn, Germany. It operates in over 220 countries worldwide, making it one of the largest logistics companies globally. Its main activities include postal services, express delivery, freight transportation, and supply chain management. Deutsche Post offers a wide range of products and services, including mail and parcel delivery, e-commerce solutions, international shipping, and logistics consulting. Some of its well-known brands include DHL, Deutsche Post, and Postbank.

9. BASF

Industry: chemicals

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $93730 Millions

Stock symbol: BAS.DE

BASF Home Page

BASF, headquartered in Ludwigshafen, Germany, was founded in 1865. It operates in over 80 countries worldwide. The company’s main activities include the production and distribution of chemicals, plastics, performance products, agricultural solutions, and oil and gas. BASF offers a wide range of products and services across various industries and is known for its brands such as Master Builders Solutions, Elastollan, and Ultramid.

10. Siemens

Industry: industrial goods

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $76580 Millions

Stock symbol: SIE.DE

Siemens Home Page

Siemens is a multinational company with its headquarters in Munich, Germany. It was founded in 1847. The company operates in more than 200 countries worldwide. Siemens is primarily engaged in the fields of electrification, automation, and digitalization. They offer a wide range of products and services including power generation and distribution systems, industrial automation, medical technology, and transportation solutions. Siemens is known for its various brands such as Siemens Healthineers, Siemens Gamesa, and Siemens Mobility.

More: The German Economic System

The combined revenue of Germany’s top 10 companies amounts to $1.48 T

Share These Resources:
Biggest companies in germany

Comments

Leave a Reply

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