LVMH Moët Hennessy Louis Vuitton, sometimes known as LVMH, is a French multinational company and corporation that specializes in luxury goods. The company was created in 1987 by the union of fashion brand Louis Vuitton (founded in 1854) and cognac producer Mot Hennessy (founded in 1765), which had previously merged in 1971 to form champagne producer Mot & Chandon. LVMH was valued at $329 billion in 2021, making it the most valuable corporation in Europe.

LVMH is the world's third largest watch group (after Swatch and Richemont), and it owns a number of sought-after luxury brands. LVMH owns over 60 companies that manage 75 well-known brands. To name a few, Tiffany & Co., Christian Dior, Fendi, Givenchy, Marc Jacobs, Stella McCartney, Loewe, Loro Piana, Kenzo, Celine, Sephora, Princess Yachts, TAG Heuer, and Bulgari. The businesses are typically governed autonomously under the umbrellas of six sections: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities.

According to estimates, LVMH will generate 79.2 billion euros in sales in 2022 across its 5,600 locations worldwide. Wines and spirits, clothing and leather goods, perfume and cosmetics, timepieces and jewelry, and selective distribution are all part of these markets. Quality is essential to LVMH's success. All 75 Maisons that make up the Group are committed to not just maintaining but also enhancing their already impeccable reputation for quality year after year. Since its inception, LVMH has prioritized being forthright and ethical in all interactions with its business partners, workers, and other stakeholders.

Founded: 1987
Headquarters: Paris, France
Website: https://www.lvmh.com/

Ranked second in the list of largest companies in the EU is Novo Nordisk. Novo Nordisk A/S is a Danish multinational pharmaceutical firm based in Bagsvaerd, Denmark, with manufacturing sites in nine countries and affiliates or offices in five. Novo Nordisk is owned by Novo Holdings A/S, which owns around 25% of the company's shares and a relative majority (45%) of its voting shares. Novo Nordisk develops and sells pharmaceutical products and services, mostly diabetic drugs and equipment. Novo Nordisk also works on hemostasis, growth hormone therapy, and hormone replacement therapy.

The mission of Novo Nordisk is to drive change in order to overcome diabetes and other significant chronic diseases such as obesity, rare blood and rare endocrine diseases. They accomplish this by pioneering scientific breakthroughs, increasing access to our medicines, and trying to prevent and eventually cure the diseases we treat. They employ over 50,000 individuals in 80 offices worldwide and sell our products in 170 countries. They are the first pharmaceutical business to employ only renewable energy in all of their global manufacturing sites.

It is quite rare for a company among the world's major pharmaceutical players to concentrate on just one medical problem. Novo Nordisk is one of these unusual companies, focusing nearly entirely on the development of diabetic medications and therapies. The company's headquarters are in a Copenhagen suburb. The Scandinavian country is a pharmaceutical powerhouse, especially given its small size. Novo Nordisk is arguably the most well-known Danish firm in the world, and the country's second largest in terms of sales, trailing only transportation and logistics behemoth Maersk.

Founded: 1923
Headquarters: Bagsvaerd, Denmark
Website: https://www.novonordisk.com/

ASML Holding N.V. or ASML, abbreviated from Advanced Semiconductor Materials Lithography, is a Dutch multinational firm that was created in 1984. ASML specializes in the design and manufacture of photolithography devices used in the production of computer chips. As of 2022, it is the world's largest semiconductor supplier and the sole provider of extreme ultraviolet lithography (EUV) photolithography machines required to build the most advanced chips. ASML had a market capitalization of over US$270 billion as of 2023, making it the most valuable European technology business.

ASML manufactures photolithography machines used in the manufacture of computer chips. Patterns are optically projected onto a silicon wafer that is coated with a coating of light-sensitive substance (photoresist) in these machines. On a single wafer, this technique is performed dozens of times. The photoresist is then treated further to form the actual electronic circuitry on the silicon. The optical imaging that ASML's machines deal with is employed in the manufacture of practically all integrated circuits, and ASML had 67% of the global lithography machine sales in 2011.

ASML is the only company in the world capable of producing the incredibly complicated machinery required to produce the most modern chips. ASML supplies the relatively rare EUV machines to a few chipmaking behemoths such as TSMC, Samsung, and Intel. Each machine is said to have approximately 100,000 components and is shipped in 40 freight containers or four jumbo jets. Because no one else can produce EUV machines appropriate for mass production, ASML has a monopoly on the segment, with no indication of anyone catching up.

Founded: 1984
Headquarters: Veldhoven, Netherlands
Website: https://www.asml.com/

L'Oréal S.A. is a French cosmetics and personal care corporation based in Clichy, Hauts-de-Seine, with a registered office in Paris. It is the world's largest cosmetics company, and it has expanded its operations in the industry, focusing on hair color, skin care, sun protection, make-up, perfume, and hair care. It is also one of the largest companies in the EU. L'Oréal was the world's biggest personal care brand in 2021, with a brand worth of 38.3 billion US dollars. The company's cosmetic division focuses primarily on skin care, hair care, make-up, hair colorants, and perfumes, with the latter accounting for about 11 percent of L'Oréal's global cosmetic revenues in 2021.

L'Oréal's continual technological improvements over decades, ability to balance both global and local audiences, and clever marketing methods are all aspects that have established the beauty brand as a clear consumer favorite and industry leader. According to a survey undertaken by the Tajmeeli platform, which created a list of prominent beauty brands and utilized Google Trends to gauge search interest in 108 countries, L'Oréal Paris is the most sought cosmetics brand in the world. The brand of the French cosmetics behemoth is favored by consumers in roughly a quarter of the countries analyzed, indicating a strong interest in its products among beauty enthusiasts.

L'Oréal has adopted a novel approach: universalization. It entails globalization that recognizes, comprehends, and respects differences. Desires, needs, and traditions differ. To provide tailor-made beauty and to match the desires of consumers worldwide. L'Oréal is motivated by this worldview.

Founded: 1909
Headquarters: Clichy, France
Website: https://www.loreal.com/

Hermès International S.A., or simply Hermès, is a premium design firm founded in France in 1837. Leather products, lifestyle accessories, home furnishings, fragrances, jewelry, timepieces, and ready-to-wear are its specialties. Since the 1950s, its logo has been a Duke carriage with a horse. For many years, it has been the most valued luxury brand in various estimations. Hermès has achieved such a global position due to its rich heritage, professional work, craftsmanship, and many other factors.

The initial strategy employed in creative thinking. Every year, the company's designers are given different themes to work with when producing their products. Hermès has never sought celebrity endorsements for commercial purposes, and they have always refrained from doing so. They believe in word-of-mouth marketing and are gradually creating a fan base for their products. Hermès has always adhered to the "limited edition" concept, and they also like to distribute fewer items in their stores. Their things are always elegant and expensive, and they never go on sale.

Hermès Birkin bags are widely regarded as the most costly in the world. Beginning from $9000. The world's most expensive bag is the Hermès Himalaya Birkin bag, which costs over $500,000. You must be a consistent and committed Hermès shopper in order to be considered or deserving of purchasing these special bags. Even after this, many people do not get a chance to obtain their chosen bag since the firm only provides or displays one bag at a time, and if you reject it, you will be removed from the company's worthy list. Hermès bags are exclusive because they are unusual, limited, high quality, and expensive, and everyone desires limited edition products.

Founded: 1837
Headquarters: Paris, France
Website: https://www.hermes.com/

Accenture would be the sixth largest company in the EU. Accenture plc is a Dublin-based Irish-American professional services firm that specializes in information technology (IT) services and consulting. It is a Fortune Global 500 corporation with revenues of $61.6 billion in 2022. Accenture currently has 91 Fortune Global 100 clients and more than three-quarters of the Fortune Global 500. Accenture is expected to be the world's largest consulting firm by staff count by 2022.

Accenture Strategy services combine industry experience with data to help clients make the best business decisions possible. The organization develops tactics based on a zero-based attitude with the goal of uncovering non-working money for a company and then reinvesting it in a productive way. The consulting services bring together business expertise with data-gathering activities such as research, incubation, and prototyping to assist clients in achieving commercial success. Accenture provides consulting services in areas such as technology, consumer insight and growth, supply chain and operations, and others.

Accenture's industry-leading capabilities will be divided into four services: strategy and consulting, interactive, technology, and operations. Rather than employing operational groups, the company will manage its activities through three geographical markets: North America, Europe, and Growth Markets. Accenture will continue to target certain businesses and expand its international industry initiatives. Accenture's change to a new strategy over the last six years, embracing digital, cloud, and security, has demonstrated an unparalleled ability to detect and seize new opportunities in the industry's most important and fastest-growing categories. The purpose of these changes is to increase the company's ability to anticipate client needs and market trends.

Founded: 1989
Headquarters: Dublin, Ireland
Website: https://www.accenture.com/

Dior (stylized DIOR) is a European multinational luxury fashion house controlled and chaired by French tycoon Bernard Arnault, who also controls LVMH. Dior owns 42.36% of LVMH and has 59.01% of the voting rights. Christian Dior, a French fashion designer coming from Normandy, launched the firm in 1946. This brand solely sells shoes and clothes that may be purchased in Dior boutiques. Christian Dior Couture is in charge of Haute Couture.

Customers choose Dior couture because of its intricate processes, high-quality fabrics, detailed design, and skilled craftsmanship. They admire the effort that went into the final product. As a result, people do not need to view the goods because they trust and know it is of high quality. Christian Dior has ruled the high seas of fashion for many decades, attracting the world's top monarchy and crème de la crème clients. Dior has always instilled an instinctive sense of elegance in those who chose to wear the silhouette, regardless of the season.

Dior has tripled its revenue to €6.6 billion since 2017, making it one of fashion's fastest-growing and most successful brands. Dior launched multi-layered store experiences and rushed into e-commerce, tapping pent-up demand from people outside the shopping capitals where it owns stores. The delicate needlework and trademark motifs in each of Dior's collections induce sensuality. The production of the house's clothing is a hidden craft that can only be accomplished by a trained couture atelier at their height.

Founded: 1946
Headquarters: Paris, France
Website: https://www.dior.com/

TotalEnergies SE, one of the seven supermajor oil companies, is a French multinational integrated energy and petroleum firm formed in 1924. Its operations span the whole oil and gas value chain, from exploration and production of crude oil and natural gas through power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies also produces enormous quantities of chemicals. The stock market index Euro Stoxx 50 includes the corporation. It was recognized as the 29th-biggest public corporation in the world in the 2020 Forbes Global 2000, as well as the 25th largest firm of any type on the Fortune Global 500.

TotalEnergies is responsible for drilling, oil and gas production, processing, transportation, refining and petrochemical manufacture, as well as the storage and distribution of petroleum products and specialty chemicals. It generates electricity, trades gas, and works in the renewable energy industry. TotalEnergies is a company that provides feedstock to chemical plants, charters ships, and trades on several derivative markets. Customers are served by the corporation in the transportation, automotive, aerospace, energy, housing, and manufacturing industries. It has activities in Asia-Pacific, Africa, Europe, the Middle East, North and South America, and the Caribbean. The headquarters of TotalEnergies are in Paris, Ile de France, France.

TotalEnergies' vision is to become one of the world's top five renewable energy producers, with a goal of 100 GW gross installed capacity by 2030, leveraging its global network. The Company confirms its target of 35 GW by 2025, with a portfolio of more than 10 GW operational by end-2021, which will grow at a rate of about 6 GW per year from 2022 through 2025. That's all about the eighth largest companies in the EU in this list.

Founded: 1924
Headquarters: Courbevoie, France
Website: https://totalenergies.com/

Prosus N.V., also known as Prosus, is a global investment firm that invests and operates in sectors and markets with long-term growth potential. It is one among the world's largest technology investors. Prosus has made investments in a variety of industries, including social/gaming, classifieds, payments and fintech, edtech, food delivery, and ecommerce. More than 1.5 billion people in 89 markets use the products and services of its businesses and investments.

The organization is focused on developing relevant businesses in markets such as India and Brazil in the online ads, food delivery, payments and fintech, and education technology sectors. Prosus invests in areas such as health, logistics, blockchain, and social commerce through its Ventures division. Prosus is constantly looking for new ways to collaborate with extraordinary entrepreneurs who are leveraging technology to better people's daily lives. Prosus became the largest consumer Internet company in Europe by asset value following its IPO.

Every day, billions of customers use the products and services of businesses in which Prosus has invested, acquired, or established a stake. Hundreds of millions of individuals have made Prosus' associates' platforms a part of their daily lives. Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb are some of the firms in which we have an interest.

Founded: 1997
Headquarters: Amsterdam, Netherlands
Website: https://www.prosus.com/

To end the list the largest companies in the EU, Toplist would like to mention SAP. German software giant SAP SE is headquartered in Walldorf, Baden-Württemberg. To handle client relationships and business processes, it creates enterprise software. The business is the top vendor of enterprise resource planning (ERP) software in the entire world. The second-biggest German corporation in terms of market capitalization, SAP is the largest non-American software firm by revenue, the third-largest publicly traded software company in the world by revenue.

The products were well received by the market in the beginning. This results in consistent growth and rising sales. Because of its success, the business took the risk to float in 1988. The business was successful in doubling its turnover in the 1990s. This is partially attributable to the release of SAP R/3, which established the framework for current SAP products. After the millenium, SAP took over a number of well-known businesses. Businesses like TechniData, Success Factors, or Concur Technologies are examples of them.

SAP is so well-liked by firms since it offers a comprehensive collection of integrated, cross-functional dealing operations. SAP continuously investigates consumer trends and business unit requirements. It releases updated items with the newest features in response to demand. As a result, multinational corporations of various sizes tend to choose SAP for their operations. Along with rivals Oracle and Microsoft, it dominates Fortune 500 firms' server IT systems. However, it also helps smaller enterprises, as small and medium-sized businesses make up about 80% of its clientele.

Founded: 1972
Headquarters: Walldorf, Germany
Website: https://www.sap.com/