The European Employee Ownership CAP 100 in 2008

Europe's largest companies that are partly or totally employee-owned through an ESOP, share purchase plan, or other share ownership plans, or as a workers' co-operative.
Companies are ranked following their equity held by employees, in millions Euro.

The European Employee Ownership EMP 100 in 2008

The European Employee Ownership CAP 100 in 2007
The European Employee Ownership CAP 100 in 2006

 

CAP 100
CAP 100
CAP 100
Company
EO held
Capitalisation
%
Country
Employees
L/NL
First
Branche
Ranking
Ranking
Ranking
capitalisation
million EUR
employee
(listed/
Plan
2008
2007
2006
million EUR
May 2008
owned
 non listed)
Year
1
4
2
Total
5.523,2  
132.142,2  
4,18
FR
96.442
L
1.998

Integrated oil & gas

2
5
3
Novartis
5.037,7  
89.679,8  
5,62
CH
98.200
L
1.990

Pharmaceuticals manufactures

3
6
4
Mondragon Corporaci๓n Coop.
4.641,3  
5.078,0  
91,40
ES
103.731
NL
1.956

Miscellaneous

4
3
7
BNP Paribas
4.299,5  
63.914,9  
6,73
FR
162.687
L
1.997

Banks

5
9
24
Vinci
2.907,9  
24.510,4  
11,86
FR
158.628
L
1.993

Heavy construction

6
2
6
Soci้t้ G้n้rale
2.879,1  
33.136,7  
8,69
FR
134.798
L
1.987

Banks

7
8
9
Axa
2.833,9  
49.098,6  
5,77
FR
103.534
L
1.989

Life insurance

8
11
10
Bouygues
2.725,0  
17.503,9  
15,57
FR
137.500
L
1.968

Heavy construction

9
12
12
John Lewis Partnership
2.694,2  
2.694,2  
100,00
UK
68.200
NL
1.929

Department stores

10
14
5
Deutsche Bank
2.569,2  
40.452,2  
6,35
DE
78.291
L
1.974

Banks

11
1
1
UBS
2.560,6  
41.494,2  
6,17
CH
83.560
L
1.997

Banks

12
19
16
Suez
2.539,2  
58.043,4  
4,37
FR
86.513
L
1.994

Diversified utilities

13
7
64
Cr้dit Suisse Group
2.402,7  
40.655,0  
5,91
CH
48.100
L
1.996

Banks

14
15
18
EDF
2.337,4  
123.069,4  
1,90
FR
158.640
L
1.992

Electric utilities

15
10
8
Cr้dit Agricole
2.034,4  
32.126,1  
6,33
FR
86.866
L
2.001

Banks

16
20
23
TomTom
1.703,9  
3.136,5  
54,33
NL
1.337
L
2.003

Wireless communications serv.

17
18
26
France Telecom
1.698,7  
53.544,2  
3,17
FR
187.331
L
1.992

Diversified telecom operators

18
48
97
Daimler
1.620,1  
54.460,9  
2,97
DE
272.382
L
1.996

Cars manufacturers

19
21
31
Saint Gobain
1.462,2  
19.751,1  
7,40
FR
205.730
L
1.987

Building materials & equipment

20
13
29
Eiffage
1.423,2  
5.452,2  
26,10
FR
71.963
L
1.986

Heavy construction

21
16
15
Lloyds TSB
1.372,9  
28.988,1  
4,74
UK
69.553
L
1.984

Banks

22
22
32
Tesco
1.366,6  
42.359,0  
3,23
UK
444.127
L
1.981

Department stores

23
25
22
Svenska Handelsbanken
1.289,7  
11.253,8  
11,46
SV
10.768
L
1.973

Banks

24
24
21
Safran
1.268,7  
6.076,1  
20,88
FR
63.262
L
1.969

Telecom equipment

25
57
51
Nokia
1.262,3  
86.544,1  
1,46
FI
112.262
L
1.994

Telecom equipment

26
26
13
HSBC
1.255,1  
132.771,3  
0,95
UK
315.520
L
1.984

Banks

27
30
33
PKO Bank Polski
1.211,0  
14.416,6  
8,40
PL
32.000
L
2.004

Banks

28
23
27
Sanofi-Aventis
1.208,0  
63.762,8  
1,89
FR
99.495
L
1.990

Pharmaceuticals manufactures

29
27
19
Banco Bilbao Vizcaya
1.188,0  
56.331,8  
2,11
ES
111.913
L
1.999

Banks

30
42
61
Volkswagen
1.181,5  
58.942,8  
2,00
DE
329.305
L
1.986

Cars manufacturers

31
29
34
Siemens
1.153,9  
57.428,0  
2,01
DE
398.200
L
1.998

Electronics manufact.& equipt

32
28
30
Dexia
1.150,5  
19.788,3  
5,81
BE
35.202
L
1.995

Banks

33
52
1195
Arcelor Mittal
1.093,0  
93.594,2  
1,17
NL
311.466
L
1.998

Steel production

34
44
65
Voestalpine
997,9  
8.939,0  
11,16
AT
41.490
L
2.001

Steel production

35
56
1506
OMV
985,1  
16.593,0  
5,94
AT
33.665
L
2.000

Oil & gas explor. & production

36
33
39
Colruyt
945,5  
5.478,8  
17,26
BE
20.338
L
1.987

Grocery retailing

37
73
55
Royal Dutch Shell
925,8  
165.490,1  
0,56
UK
104.000
L
1.967

Integrated oil & gas

38
47
57
Anglo American
903,9  
58.672,5  
1,54
UK
116.000
L
1.990

Mineral extractors- other

39
45
37
Auchan
900,9  
6.898,0  
13,06
FR
186.443
NL
1.977

Department stores

40
34
43
Schneider Electric
872,7  
18.803,8  
4,64
FR
119.340
L
1.994

Electrical products

41
46
49
Gaz de France
848,8  
42.011,3  
2,02
FR
47.560
L
2.002

Gas utilities

42
37
20
GlaxoSmithKline
845,1  
82.353,1  
1,03
UK
103.401
L
1.991

Pharmaceuticals manufactures

43
111
115
Admiral
835,2  
2.927,8  
28,53
UK
2.364
L
2.000

Insurance brokers

44
54
14
Vodafone
828,8  
119.263,7  
0,69
UK
72.375
L
1.988

Diversified telecom operators

45
41
42
RWE
809,8  
40.490,6  
2,00
DE
63.439
L
2.001

Diversified utilities

46
31
35
Renault
784,7  
19.461,2  
4,03
FR
130.179
L
1.987

Cars manufacturers

47
49
17
BP
779,3  
151.397,2  
0,51
UK
97.600
L
1.990

Integrated oil & gas

48
409
449
Lindt
773,3  
4.624,3  
16,72
CH
7.793
L
1.999

Other food products

49
43
46
Essilor
737,7  
8.256,8  
8,94
FR
31.534
L
1.972

Other non-durables

50
32
45
Air France - KLM
720,2  
5.980,4  
12,04
FR
104.659
L
1.998

Airlines

51
51
77
Groupe Danone
716,8  
28.495,5  
2,52
FR
76.044
L
1.997

Dairy products

52
36
41
EFG International
689,0  
3.388,3  
20,33
CH
1.864
L
2.005

Banks

53
17
25
Barclays
680,4  
34.497,8  
1,97
UK
135.000
L
1.974

Investment banking & brokerage

54
61
93
Unipart
665,4  
950,5  
70,00
UK
8.800
NL
1.987

Cars parts manufacturers

55
86
318
Nestle
632,4  
123.759,7  
0,51
CH
276.000
L
2.001

Diversified foods

56
71
78
L'Or้al
597,1  
47.763,7  
1,25
FR
63.358
L
1.968

Personal care products

57
60
56
SAP
565,1  
40.948,4  
1,38
DE
44.023
L
2.000

Other software

58
128
79
Sampo
532,3  
10.715,3  
4,97
FI
6.846
L
1.998

Banks

59
55
118
Consorzio Veneto Cooperativo
519,6  
715,6  
72,60
IT
17.000
NL
1.954

Building, civil engineering

60
64
73
Allianz
513,3  
58.204,4  
0,88
DE
181.207
L
1.998

General insurance & other

61
77
222
Veolia Environnement
509,6  
21.465,2  
2,37
FR
319.502
L
2.000

Water utilities

62
63
188
Erste Bank der Oest. Sparkasse
498,7  
15.492,0  
3,22
AT
52.442
L
1.997

Banks

63
66
95
Lafarge
493,6  
20.271,2  
2,44
FR
69.319
L
1.961

Concrete & cement

64
176
215
BG Group
491,2  
58.683,6  
0,84
UK
5.098
L
2.000

Oil & gas explor. & production

65
62
85
Vivendi
482,4  
30.891,7  
1,56
FR
39.919
L
1.998

Diversified media

66
78
185
Philips Electronics
477,5  
26.726,5  
1,79
NL
123.801
L
1.991

Appliances & cons. electronics

67
87
157
Fortum
456,6  
25.595,5  
1,78
FI
8.303
L
1.999

Electric utilities

68
149
52
WPP Group
455,3  
9.304,5  
4,89
UK
90.182
L
1.993

Advertising

69
74
81
BASF
431,1  
44.377,8  
0,97
DE
95.175
L
1.999

Diversified chemicals

70
88
389
ING
430,6  
57.682,6  
0,75
NL
124.634
L
1.982

Banks & General insurance

71
59
594
Bayer
430,0  
42.130,5  
1,02
DE
106.200
L
2.000

Diversified chemicals

72
185
312
Syngenta
426,3  
19.994,2  
2,13
CH
21.700
L
1.994

Agricultural chemicals

73
38
28
HBOS
418,8  
21.892,7  
1,91
UK
74.087
L
1.985

Banks

74
98
91
Alcatel-Lucent
415,6  
11.132,6  
3,73
FR
76.410
L
1.996

Telecom equipment

75
186
327
InBev
413,5  
31.136,8  
1,33
BE
88.690
L
1.999

Beverages

76
187
83
Unilever plc
397,7  
28.645,3  
1,39
UK
87.500
L
1.985

Diversified foods

77
203
267
Unilever NV
393,6  
37.261,0  
1,06
NL
87.500
L
1.985

Diversified foods

78
69
2058
Bank of Cyprus
387,7  
5.107,3  
7,59
CY
6.909
L
2.000

Banks

79
68
53
Sacmi
387,0  
533,0  
72,60
IT
3.474
NL
1.919

Glass & clay

80
338
377
Alstom
386,5  
21.995,1  
1,76
FR
67.924
L
1.998

Machinery & equipment

81
93
176
Air Liquide
381,6  
22.205,5  
1,72
FR
40.300
L
1.986

Commodity chemicals

82
53
133
Kaupthing Bank
378,1  
4.825,4  
7,84
IS
3.334
L
2.000

Banks

83
35
59
British Telecom
372,6  
24.791,6  
1,50
UK
111.858
L
1.984

Diversified telecom operators

84
95
75
British American Tobacco
368,9  
49.938,3  
0,74
UK
97.696
L
1.998

Tobacco products

85
72
60
Carrefour
359,3  
32.735,7  
1,10
FR
490.042
L
1.995

Grocery retailing

86
89
254
Rolls-Royce
356,9  
10.283,1  
3,47
UK
39.500
L
1.995

Aerospace/defense

87
91
76
Standard Chartered
355,1  
32.381,5  
1,10
UK
69.612
L
1.984

Banks

88
82
86
Diageo
348,3  
38.800,0  
0,90
UK
24.373
L
1.991

Beverages

89
97
166
Greenwich Leisure
342,5  
342,5  
100,00
UK
3.000
NL
1.993

Leisure & entertainment

90
184
80
BCM Holding (Eircom)
339,9  
971,0  
35,00
IE
7.223
NL
1.999

Diversified telecom operators

91
891
985
Merkur
339,7  
531,6  
63,90
SL
4.524
NL
1.990

Other industrial products

92
40
11
Royal Bank of Scotland
321,3  
34.397,3  
0,93
UK
136.600
L
1.980

Banks

93
84
90
PSA Peugeot Citroen
319,0  
10.739,4  
2,97
FR
207.800
L
1.995

Cars manufacturers

94
209
68
E.ON
317,8  
90.866,5  
0,35
DE
87.815
L
1.999

Diversified utilities

95
272
289
Rio Tinto
305,2  
93.786,3  
0,33
UK
51.677
L
1.987

Extractive industries & services

96
188
194
PA Consulting Group
303,7  
303,7  
100,00
UK
3.000
NL
nc

Business support

97
245
292
LVMH
291,8  
37.651,7  
0,78
FR
71.885
L
1.992

Luxury goods & watches

98
96
152
DnB NOR
287,6  
13.081,3  
2,20
NO
13.817
L
2.000

Banks

99
75
66
Arcadis
282,4  
824,4  
34,26
NL
13.391
L
1.987

Engineering & architectural

100
194
171
Palmer & Harvey, Mc Lane
270,7  
360,9  
75,00
UK
3.821
NL
2.002

Miscellaneous wholesale

 

 

 

 

For information and contact
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
E-mail: efes@efesonline.org
Web site: www.efesonline.org
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee ownership and participation in Europe.