Tuesday , June 15 2021

What is the top 10 companies in Latin America

At an international level, US companies dominate the site, but Chinese companies continue to grow at a fast pace. Credit: GETTY IMAGES

As the first economy in the region,


This is the country with the largest number of corporate giants in Latin America, but not just the one. Among the top 10 companies in the region, there are also those who come




, according to the 2000 Global Site prepared by the Forbes magazine, which includes the largest 2,000 companies in the world.

How do they decide who's the biggest? A group of analysts qualify for companies – which are traded publicly – taking into account four factors: sales, profits, assets and market value. Following these criteria, Global 2000 analyzes companies from 60 countries.

For the first time since 2015, China and the US share the top ten. But the US still dominates the number of corporations included in the site, with 30% of the total. The first place on the list is occupied by the ICBC bank of China, followed by China Construction Bank and US JPMorgan Chase.

At the Latin American level, here are the 10 largest companies: Itaú Unibanco Holding, Bradesco, Vale, Banco do Brasil, Petrobras, Ecopetrol, América Móvil, Femsa, GF Norte a Grupo México.

1. Itaú Unibanco Daliad

  • Sales: US $ 62,300 million
  • Earnings: US $ 7,500 million
  • Assets: US $ 437,600 million
  • Market value: US $ 87,000 million

With headquarters in Sao Paulo, he employs 99,300 people and his executive director is Candido Bracher. Banco Itaú became one of the largest financial conglomerates in South Hemisphere when Unibanco received in 2008. It offers services to individuals and corporate clients. Rede owns one of the largest payment systems in Brazil.

After joining with Unibanco, Itaú became a banking name
After joining with Unibanco, Itaú became a banking name Credit: GETTY IMAGES

2. Bradesco Bank

  • Sales: US $ 76,500 million
  • Earnings: US $ 4,700 million
  • Assets: US $ 370,600 million
  • Market value: US $ 61,300 million

With 98,800 employees, Bradesco operates in the financial market through two parts: banking services and insurance business, pension and bonus capital. This is the second largest bank in Latin America at market value.

His executive director, Octávio de Lazari, announced that he will increase the level of loans at least 10% next year, in terms of expectations that the new government will promote favorable market and market policies.

3. Okay

  • Sales: US $ 34,100 million
  • Earnings: US $ 4,600 million
  • Assets: US $ 94,400 million
  • Market value: US $ 77,400 million

The Vale company is one of the largest mining companies in the world – with operations in 30 countries – and the largest producer of iron ore. At Headquarters in Rio de Janeiro, he employs 69,300 people and his executive director is Schvartsman's Diet.

In 2015, his alleged responsibility was made in the social-environmental disaster caused by the breakdown of a waste of mineral waste waste in the Minas Gerais state.

This is the second largest bank in Latin America at market value
This is the second largest bank in Latin America at market value Credit: GETTY IMAGES

4. Banco do Brasil

  • Sales: US $ 55,000 million
  • Earnings: US $ 3,400 million
  • Assets: US $ 412,800 million
  • Market value: US $ 27,800 million

Y Banco do Brasil S.A. There is a mixed financial institution, where the federal government is a majority shareholder. His shares are traded on Sao Paulo Stock Exchange. His executive director is Paulo Caffarelli and the number of employees reaches 100. 622 people.

Former president Banco do Brasil and Petrobras, Aldemir Bendine, owned the state sentenced to 11 years in prison for pollution offenses and money laundering.

5. Petrobras

  • Sales: US $ 90,000 million
  • Earnings: US $ 642 million
  • Assets: US $ 248,000 million
  • Market value: US $ 92,600 million

One of the largest oil companies in the world, Brazil Petrobras, is a company that belongs to the state. Petrobras was founded in 1953 and for decades it became a pride in the country, until a large corruption plot for bribery was paid by the Odebrecht construction company for public contracts.

Aldemir Bendine, who presided over Petrobras between 2015 and 2016, was condemned for her participation in a scandal epicenter in Brazil, but which spread to many Latin American countries.

Valet is the largest producer of iron ore in the world.
Valet is the largest producer of iron ore in the world. Credit: GETTY IMAGES

6. Ecopetrol

  • Sales: US $ 19,400 million
  • Earnings: US $ 2,800 million
  • Assets: US $ 42,500 million
  • Market value: US $ 45,700 million

The columns of the oil and gas sector, which employs 8,800 people. His headquarters in Bogotá and his executive director are Felipe Pardo. The company operates in three commercial areas: inspection and production; refining to iron ore; transport and logistics services.

One of the leading Latin American oil companies, established as a state public company, has contacted the Ministry of Mines and Energy.

7. America Mobile

  • Sales: US $ 54,600 million
  • Earnings: US $ 624 million
  • Assets: US $ 78,700 million
  • Market value: US $ 57,800 million

Mexican company in the telecommunications sector, especially telephony and pay television. She has more than 190,000 employees and an executive director is Daniel Aboumrad. In Mexico he is known for his Telcel brand.

In the region, he is currently in Brazil, Colombia, Argentina, Paraguay, Uruguay, Chile, Peru, Ecuador, Periw, Guatemala, El Salvador, Honduras, Nicaragua, Panama, Costa Rica, and Dominican Republic and Puerto Rico . He has also developed business in the United States.

Y Banco do Brasil S.A. There is a mixed financial institution.
Y Banco do Brasil S.A. There is a mixed financial institution. Credit: GETTY IMAGES

8. Femsa

  • Sales: US $ 25,200 million
  • Earnings: US $ 2,100 million
  • Assets: US $ 31,300 million
  • Market value: US $ 31,200 million

Fomento Económico Mexicano has 295,000 employees and has its headquarters in Monterrey, Mexico. His acting director is Miguel Silva. It's mainly engaged in producing, distributing and marketing drinks. Selling large Coca Cola brands, including soft drinks, water, juice, coffee, milk and other products.

The company also operates an OXXO shop chain in Mexico and other retail businesses. Femsa also offers logistics and vehicle maintenance services. They sell fridges for drinks and food industry companies. He has operations in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, Costa Rica, Guatemala, Nicaragua, Panama and Philippines.

9. GFNorte

  • Sales: US $ 9,100 million
  • Earnings: US $ 1,400 million
  • Assets: US $ 76,200 million
  • Market value: US $ 16,100 million

Grupo Financiero Banorte SAB de CV operates in the banking sector. Its services include commercial banking, life insurance and damage and control of a pension fund. It also manages the financial resources of individuals and corporations through Banco Ixe Casa de Bolsa and Banco Ixe Fund Operator. His headquarters are in Monterrey. He employs almost 30,000 people.

Petrobras who belonged to the state was at the heart of the scandal over the bribes of the Odebrecht construction company.
Petrobras who belonged to the state was at the heart of the scandal over the bribes of the Odebrecht construction company. Credit: GETTY IMAGES

10. Mexico Group

  • Sales: US $ 10,200 million
  • Earnings: US $ 1,700 million
  • Assets: US $ 26,700 million
  • Market value: US $ 22,600 million

A mining company has located in the Mexican City that employs more than 30,000 people. Grupo México is developing commercial activities in the mining, exploration, use of metallurgical metallurgy and metallurgical metallurgy applications. Provides transport services to the rail sector and is developing infrastructure projects. It has oil drill businesses, construction of plants and power generation services in the construction sector as a whole.

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