Global Giants(mnc's)

ASSIGNMENT No. 01

“10 global giants in world i.e. Multinational Corporation”

Course Title:

Business Economics

Course Code:

ECO 400

Semester:

Spring 2008

Instructor:

Rao Muhammad Atif

Student:

Faraz Ameem

Summary All the giants / multinational are chosen with the aim that maximum variety can be provided i.e. Classifications, as we have studied in our Business Economics lectures. Another thing I have tried in this assignment is to get World’s leading organizations in their respective spheres even avoiding the some very commonly named organizations.

Vale

is a diversified Brazilian mining multinational corporation. In addition to being the second-largest mining company in the world, Vale is also the world’s largest producer of iron ore, pellets, and nickel. Vale also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, alumina and aluminum. Vale was privatized on May 6th, 1997 (41.73% by Private Sector). Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

1942 Rio de Janeiro, Brazil Roger Agnelli 33.1b USD in 2007 (Net income 11.82b)

Employees:

52646

Operational Radius:

Finland, Canada, Australia, Mongolia, China, India, Angola, South Africa, Chile, Peru

Classification by Sector:

Joint Sector

Classification by Activity Level:

Primary Sector

Classification by Gp of Transactors: Producer

DOW is an American multinational corporation, with a presence in more than 175 countries. As of 2007, it is the second largest chemical manufacturer in the world (after BASF). Dow Chemical is a provider of plastics, chemicals, and agricultural. It spends more than $1 billion annual expenditure in R&D. Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

1897 Midland, Michigan USA Andrew N. Liveris 53.513 billion USD (Net Income 2.887b)

Employees:

46000

Classification by Sector:

Private Sector (JS or Listed Company)

Classification by Activity Level:

Secondary Sector

Classification by Gp of Transactors: Producers

CARE is one of the largest international relief and humanitarian organizations in the world. CARE (originally Cooperative for American Remittances to Europe), now stands for "Cooperative for Assistance and Relief Everywhere". CARE provides emergency relief during and after disasters, but the organization today focuses on addressing underlying causes of poverty i.e. health, education and economic development. Some important details regarding the corporation are as under: Founded: Headquarters: Chairperson: Program Services:

1945 Atlanta, GA USA Eva Lystad 545,366,000.00 USD

Operational Radius:

Reached approximately 65 million people in 69 Countries through 1,017 projects in fiscal year 2007. [1]

Employees:

12000 (Most of whom come from the nation in which they work.

Classification by Sector:

Public Sector

Classification by Activity Level:

Tertiary Sector

Classification by Gp of Transactors: Distributor For reference:

http://www.care.org/

Hilton Hotels Corporation is one of the leading global hospitality companies. As of April 2007 there are 2,645 hotels and 485,000 rooms employing 101,000 people in more than 80 countries. The company owns, manages or franchises a portfolio of brands, including Hilton, Conrad Hotels, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, and The Waldorf-Astoria Collection. Hilton has become a leader in the hospitality industry. On July 3, 2007, Hilton announced it would be bought out by the Blackstone Group in an all cash deal valued at $26 billion USD. The buyout was completed on October 24, 2007. Some important details regarding the corporation are as under: Headquarters: CEO: Revenue:

Beverly Hills, California, USA Christopher J. Nassetta 8.162 billion USD (2006)

Employees: Classification by Sector: Classification by Activity Level:

105,000 Private Sector Tertiary Sector

Time Warner Inc. formerly three separate companies as Warner Communications, Inc. and Time Inc. before the Time-Warner merger in 1990 and America Online, Inc. before its purchase of Time Warner in 2001 is the world's second largest media and entertainment conglomerate, with major operations in film, television, publishing, Internet service and telecommunications. Among its subsidiaries are AOL, Home Box Office, New Line Cinema, Time Inc., Time Warner Cable, Turner Broadcasting System, The CW Television Network, Warner Bros. Entertainment, Cartoon Network, CNN, and DC Comics. Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

2001 New York, USA Jeffrey L. Bewkes 44.2 billion USD (2006)

Employees:

86,000 (12/31/2007)

Classification by Sector:

Private Sector (JS or Listed Company)

Classification by Activity Level:

Tertiary Sector

Classification by Gp of Transactors: Producers Eni S.p.A. is an Italian multinational oil and gas company, with a presence in more than 70 countries, currently Italy's largest industrial company, with a market capitalization of € 98 billion euros (US $131 billion) as of February 2007. It was recently privatized, the first 14.7 percent being sold to the public for $4.1 billion in 1995. Eni acquired full control of Italgas, Italy's leading gas distributor. During 2007, Eni purchased 50% of the gas operations of Spain’s Unión Fenosa. Eni is in third place in Fortune’s list of the world’s most responsible companies. Some important details regarding the corporation are as under: Founded:

1953

Headquarters:

Rome, Italy

CEO:

Paolo Scaroni

Revenue:

€113.3 billion (2005)

Employees:

73,572

Classification by Sector:

Public Sector (JS or Listed Company)

Classification by Activity Level:

Primary & Secondary Sector

Classification by Gp of Transactors: Producer & Distributor

Gazprom is a Russian state owned multination corporation which is the biggest extractor of natural gas in the world. It accounts for about 93 percent of Russian natural gas production; with reserves of 28,800 km³, it controls 16 percent of the world's gas reserves. After acquisition of the oil company Sibneft, Gazprom, with 119 billion barrels of reserves, ranks behind only Saudi Arabia, with 263 billion barrels, and Iran, with 133 billion barrels, as the world's biggest owner of oil and oil equivalent in natural gas. By the end of 2004 Gazprom was the sole gas supplier to at least Bosnia-Herzegovina, Estonia, Finland, Macedonia, Latvia, Lithuania, Moldova and Slovakia, and provided 97 percent of Bulgaria's gas, 89 percent of Hungary's, 86 percent of Poland's, nearly three-quarters of the Czech Republic's, 67 percent of Turkey's, 65 percent of Austria's, about 40 percent of Romania's, 36 percent of Germany's, 27 percent of Italy's, and 25 percent of France's. Apart from its gas reserves it has the world's longest pipeline network (150,000 km). Gazprom is the world's third largest corporation as measured by its market capitalization as of December 2007 (US$345 billion). Company's market capitalization is expected to be quadruple to reach one trillion dollars by 2017, which would make it the world's biggest corporation. Some important details regarding the corporation are as under: Founded: Headquarters: Chairman: Revenue:

1989 Moscow, Russia Dmitry Medvedev (1st Dy. PM) 83.6 billion USD (Net Income 24.63b US$)

Employees:

432,000

Classification by Sector:

Public Sector (JS or Listed Company)

Classification by Activity Level:

Primary Sector

Classification by Gp of Transactors: Producer & Distributors

HSBC

Holdings (plc) is the world's largest financial group in terms of market capitalization. It was also rated the third largest company by Forbes 2000. HSBC Holdings was established in 1991 to act as the parent company to The Hong Kong and Shanghai Banking Corporation. The bank is the fourth largest corporation in the world in terms of assets ($1.861 trillion) as of December 31, 2007. It is the largest bank in Hong Kong, and at the end of 2005 was the largest banking group in the world by Tier 1 capital.[4] Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

1865 (HSBC) London, UK Michael Geoghegan 70.1b USD (Net Income 19.13b)

Employees:

312,000

Classification by Sector:

Private Sector (JS or Listed Company)

Classification by Activity Level:

Tertiary Sector

Classification by Gp of Transactors: Distributors

Cargill is an American multinational corporation & country's second largest privately held corporation (in terms of revenue) operating in 66 countries. Cargill produces and distributes food and sells agricultural, crop nutrients and feed ingredients to livestock producers and animal feeders. It also operates a large financial services arm. It owns 2/3 of the shares of The Mosaic Company, one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Were it a publicly held company, it would rank in the top 20 companies in the Fortune 500. Despite its size, the corporation is still a family owned business. Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

1865 Midland, Michigan USA Andrew N. Liveris 88.3b USD

Employees:

158,000

Classification by Sector:

Private

Classification by Activity Level:

Primary, Secondary & Tertiary Sector

Classification by Gp of Transactors: Producers & Distributors

Lockheed Martin is an American multinational aerospace manufacturer and advanced technology company. Lockheed Martin is the world's largest defense contractor (by revenue) [1] and operating in 45 US states & 56 Countries. Lockheed Martin consists of units formerly known as General Dynamics Space Systems, Sanders, General Electric Aerospace, Goodyear Aerospace, Ford Aerospace, Xerox Aerospace and Defense, LTV Missile Systems, Unisys Defense, and Loral. Lockheed Martin now comprises what were formerly over twelve customers through its merger and acquisition activities over the last several years. A team led by prime contractor Lockheed Martin won the 2006 Collier Trophy for the development of the F-22 Raptor fighter jet. The Collier Trophy is the highest award in the United States aviation industry. Some important details regarding the corporation are as under: Founded: Headquarters: CEO: Revenue:

1912 Maryland, USA Robert J. Stevens 37.213 billion USD

Employees:

140,000

Classification by Sector:

Private

Classification by Activity Level:

Secondary Sector

Classification by Gp of Transactors: Producers

References:

1:

Almost all the information is gathered through Wikipedia, the like is given bellow. http://en.wikipedia.org/wiki/Main_Page

2:

Details regarding CARE are mostly gathered from CARE site the link is given just bellow the organization’s detailed information (Page 3).

Pacific Advanced Civil Engineering, Inc.217 United States Engineering and Construction Services Pacific Advisory Group of America, LLC218 United States Miscellaneous Financial Services Pacific Aerospace & Electronics Inc.219 United States Aerospace and Defense Pacific Aerospace Corporation Limited220 New Zealand Aerospace and Defense Pacific AgMark221 Canada Wholesale and Distribution Pacific Air Cargo222 United States Air Freight Pacific Air Industries, Inc.223 United States Aerospace and Defense Pacific Airlines224 Vietnam Airlines Pacific Ales & Lagers Inc225 United States Food & Beverages Pacific Alliance Capital Group, Inc.226 United States Engineering and Construction Services Pacific Alliance Limited, LLC227 United States Miscellaneous Financial Services Pacific Alternator & Starter, Inc.228 United States Auto Parts Pacific Aluminum Company229 United States Metals & Mining Pacific American Commercial Company230 United States Wholesale and Distribution Pacific American Fish Co., Inc.231 United States Food & Beverages Pacific American Group LLC232 United States Real Estate Pacific American Services, LLC233 United States Air Freight Pacific Architects And Engineers Incorporated234 United States Engineering and Construction Services Pacific Asia Inv Int'l235 South Africa Restaurants and Leisure Pacific Associate Stores Limited236 Canada Retail Pacific Automobile Insurance Co.237 United States Insurance Pacific Bag, Inc.238 United States Packaging and Containers Pacific Bancorp239 United States Banks and Thrifts Pacific Bangladesh Telecom Limited240 Bangladesh Communication Services Pacific Beach BioSciences, Inc.241 United States Pharmaceuticals and Biotechnology Pacific Bearing Company242 United States Heavy Machinery Pacific Bell Directory243 United States Media Pacific Bell Telephone Company244 United States Communication Services Pacific Bells, Inc.245 United States Restaurants and Leisure Pacific Bereavement Solutions Pty Ltd.246 Australia Utilities Pacific Bestour247 United States Restaurants and Leisure Pacific Beverages Australia Pty Ltd.248 Australia Food & Beverages Pacific Beverages Pty Ltd.249 Australia Wholesale and Distribution Pacific BioEnergy Corporation250 Canada Energy Pacific Biomarkers, Inc.251 United States Healthcare Services Pacific Biosciences Laboratories, Inc.252 United States Misc. Consumer Products Pacific Biosciences, Inc.253 United States Pharmaceuticals and Biotechnology Pacific Biotech, Inc.254 United States Pharmaceuticals and Biotechnology Pacific Bookstores Pte Ltd.255 Singapore Retail Pacific Broadband Company Limited256 Taiwan Media Pacific Building Care, Inc.257 United States Miscellaneous Commercial Services and Supplies Pacific Bulk Transportation Co.258 United States Railroads and Trucking Services Pacific Business Equipment Ltd.259 Canada Wholesale and Distribution Pacific Business Funding260 United States Miscellaneous Financial Services Pacific Business Press Ltd261 Hong Kong Media Pacific Can Company Limited262 Hong Kong Packaging and Containers Pacific Capital Bank, National Association263 United States Banks and Thrifts Pacific Capital Leasing Corporation264 United States Miscellaneous Financial Services Pacific Capital Mortgage Group265 United States Banks and Thrifts Pacific Capital Partners, Inc.266 United States Miscellaneous Commercial Services and Supplies Pacific Carriers Ltd.267 Singapore Miscellaneous Financial Services Pacific Cast Technologies, Inc.268 United States Metals & Mining Pacific Castle Inc.269 United States Real Estate Pacific Catalyst Publishing, LLC270 United States Media Pacific Century Cyberworks Japan271 Japan Software and Technology Services Pacific Century Group Holdings Limited272

Hong Kong Miscellaneous Financial Services Pacific Century Homes, Inc.273 United States Appliances and Furniture Pacific Century Life Insurance Corporation274 United States Insurance Pacific Challenge Securities Limited275 Hong Kong Miscellaneous Financial Services Pacific Challenge Securities Limited, Research Division276 Hong Kong Miscellaneous Financial Services Pacific Channel Ltd277 New Zealand Miscellaneous Commercial Services and Supplies Pacific Charter School Development278 United States Miscellaneous Commercial Services and Supplies Pacific Cheese Co.279 United States Food & Beverages Pacific Chemical Distribution Corporation280 United States Railroads and Trucking Services Pacific China Holdings Ltd.281 China Retail Pacific Choice Brands, Inc.282 United States Food & Beverages Pacific Choice Seafood Company283 United States Food & Beverages Pacific Circuit Assembly, Inc.284 United States Computers and Electronic Equipment Pacific City Bank285 United States Banks and Thrifts Pacific City Club Ltd.286 Thailand Restaurants and Leisure Pacific Clay Products, Inc.287 United States Building Products & Construction Materials Pacific Coast Baking Company, Inc.288 United States Food & Beverages Pacific Coast Banker's Bancshares289 United States Miscellaneous Financial Services Pacific Coast Banker's Bank290 United States Banks and Thrifts Pacific Coast Building Products, Inc.291 United States Building Products & Construction Materials Pacific Coast Bus Service, Inc.292 United States Railroads and Trucking Services Pacific Coast Casket Supply293 United States Wholesale and Distribution Pacific Coast Communications294 United States Media Pacific Coast Dental, Inc.295 United States Healthcare Services Pacific Coast Enterprises, Inc.296 United States Wholesale and Distribution Pacific Coast Feather Company297 United States Clothing, Textiles and Accessories Pacific Coast Information Systems Ltd.298 Canada Software and Technology Services Pacific Coast International Company299 China Appliances and Furniture Pacific Coast Investment Company300 United States Banks and Thrifts Pacific Coast Mines Inc301 United States Chemicals Pacific Coast Mortgage, Inc.302 United States Banks and Thrifts Pacific Coast National Bank303 United States Banks and Thrifts Pacific Coast Producers, Inc.304 United States Food & Beverages Pacific Coast Publishing305 United States Media Pacific Coast Recycling, LLC306 United States Metals & Mining Pacific Coast Restaurants, Inc.307 United States Restaurants and Leisure Pacific Coast Retreaders, Inc.308 United States Utilities Pacific Coast Steel, Inc.309 United States Engineering and Construction Services Pacific Coast Supply, LLC310 United States Building Products & Construction Materials Pacific Coast Tariff Bureau, Inc.311 United States Air Freight Pacific Coast Technologies Inc312 United States Electrical Equipment Pacific Coast Warehouse Company313 United States Air Freight Pacific Coastal Airlines Ltd.314 Canada Airlines Pacific Coffee Company Ltd.315 Hong Kong Restaurants and Leisure Pacific Coin316 United States Communication Services Pacific Collier Fresh Company317 United States Food & Beverages Pacific Columns, Inc.318 United States Building Products & Construction Materials Pacific Commercial Capital319 United States Real Estate Pacific Communication Systems, Inc.320 United States Software and Technology Services Pacific Community Banking Group321 United States Miscellaneous Financial Services Pacific Community Ventures322 United States Miscellaneous Commercial Services and Supplies Pacific Composites Pty Ltd.323 Australia Chemicals Pacific Computer Systems, Inc.324 United States Miscellaneous Commercial Services and Supplies Pacific Concord

Holding, Ltd.325 Hong Kong Retail Pacific Connections, Inc.326 United States Clothing, Textiles and Accessories Pacific Consolidated Industries, LLC327 United States Heavy Machinery Pacific Consolidated Resources Corp.328 Canada Metals & Mining Pacific Construction Consultants, Inc.329 United States Engineering and Construction Services Pacific Consultants Co., LTD.330 Japan Engineering and Construction Services Pacific Consultants International331 Japan Miscellaneous Commercial Services and Supplies Pacific Consultants International Group K.K.332 Japan Engineering and Construction Services Pacific Continental Apparel, Inc.333 United States Clothing, Textiles and Accessories Pacific Continental Bank334 United States Banks and Thrifts Pacific Controls Systems LLC335 United Arab Emirates Software and Technology Services Pacific Convergence Corporation, Ltd.336 Hong Kong Computers and Electronic Equipment Pacific Corporate Trust Company337 Canada Miscellaneous Financial Services Pacific Corporation338 Japan Wholesale and Distribution