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2026 Fortune 500 Europe List Revealed

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Volkswagen leads at No. 1, Shell at No. 2. List dominated by financial services, energy, and car makers

UK takes the lead from Germany with the most companies on the list

Europe’s corporate giants drive $15.5 trillion in revenue, up 4% from last year

Women lead 8.6% of companies on the list, with 43 female CEOs. This is the highest number for the Fortune 500 Europe since its launch in 2023

LONDON, Sept. 16, 2026 /PRNewswire/ — Today, Fortune unveiled the Fortune 500 Europe ranking for 2026, highlighting the continent’s top companies. The launch will be marked at the bell opening of the London Stock Exchange. Volkswagen maintains its lead position, with revenues up 3%, widening the gap with Shell, whose revenues fell 5%.

For the first time in the list’s four-year history, Germany no longer contributes the most companies to the list. The UK takes the lead with 76 companies, followed by Germany with 73 and France with 66.

Profit growth returned to the Fortune 500 Europe companies after a 5% decline the previous year, with profits increasing by 3% to just over $1 trillion. Overall, revenues grew by 4% to $15.5 trillion, equivalent to half of the region’s GDP and 13% of world GDP. The overall profit margin shrank again, to 6.5%, down from the high of 7.1% for the 2024 list. Cost control is reflected in the combined employment figure for the 500, which shrank by 1% to 34.6 million, pushing up revenue per employee by 5% and profit per employee by 4%.

At the top, Volkswagen reported $363 billion in revenue, while FMS Wertmanagement Group closes the list at #500 with $7.4 billion, pushing the list’s lower threshold to over $7 billion for the first time. HSBC again tops profits, with over $22 billion in 2025 – one of only 25 firms over $10 billion.

The number of women CEOs has risen further to 43, the highest for Fortune 500 Europe, and total revenues for women-led firms increased by 24% to $1.2 billion. Some 8.6% of companies are led by women – fewer than one in ten and below the 11% representation in the U.S.-based Fortune 500. BP (#4), led by Meg O’Neill, is the only woman-led company in the top 10, and with Engie (#39), one of two in the top 50.

The Fortune 500 Europe Top 10 List:

Volkswagen (Germany)Shell (UK)Glencore (Switzerland)BP (UK)TotalEnergies (France)Stellantis (Netherlands)BMW Group (Germany)Mercedes-Benz Group (Germany)Banco Santander (Spain)BNP Paribas (France)

Search here by country, sector, industry, and more, and for further analysis, see here.

Financial services is the largest sector in the list, responsible for 24% of revenue, 40% of profits, and 14% of employees. Financial services, energy, and motor vehicles & parts together account for over half of all revenues and profits on the list, and dominate the top 10. Shell, Glencore, BP, and TotalEnergies claim four of the top five spots. Germany’s industrial strength is reflected via Volkswagen (#1), BMW (#7), and Mercedes-Benz (#8). The UK’s strong energy presence secures two of the top five spots, and France leads with the most workers across its 66 companies.

Wael Sawan, Chief Executive Officer at Shell, commented: “We want to become the world’s leading integrated energy company, providing the energy our societies need for growth, and economic and human development today, while supporting a balanced energy transition. We continue to drive the transformation of Shell into a more focused and competitive business, with a clear strategy to deliver more value with less emissions and an exciting vision for the future. We are pleased to be recognised by Fortune.”

Grethe Schepers, Lists Director Europe at Fortune, said: “The Fortune 500 Europe is more than a numerical ranking; it is the definitive benchmark of European business scale and a live indicator of macroeconomic transformation. When analyzed strategically, this list reflects current corporate success just as much as it maps where Europe is heading next.”

Also today, C-suite leaders from across Europe and the Middle East will be gathering in London at the Fortune CEO Forum to discuss the list and growth opportunities across Europe. Leaders from Anthropic, Ferrari, Mastercard, Société Générale, Shell, EDF, Google, Nat West, Open AI, Palantir, Honeywell, Microsoft, Tech Mahindra and many others will take part in a series of discussions moderated by Fortune editors.

For the Fortune 500 Europe list, companies are ranked by total revenues for their latest available respective fiscal years. All companies on the list must publish financial data and report part or all of their figures to a government agency. The latest figures in the list are as reported by the companies; any comparisons are with the prior year’s figures as originally reported. Fortune does not restate the prior year’s figures for changes in accounting. The full methodology is available here.

About Fortune: 

Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Brainstorm Tech, and Fortune Most Powerful Women, and for exclusive gatherings at Davos and Cannes. For more information, visit fortune.com.

Media Contacts: 

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Naomi Cykiert
Fortune
Naomi.cykiert@fortune.com

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SOURCE Fortune Media (USA) Corporation

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Hanshow Unveils Nebular Lux at NRF 2026 Europe, Advancing More Responsive and Low Carbon Shelf-Edge Infrastructure

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New-generation ESL harvests ambient indoor light to support more responsive shelf-edge operations, reducing daily energy consumption by up to 46% under a representative retail operating scenario. 

PARIS, Sept. 16, 2026 /PRNewswire/ — Hanshow today unveiled Nebular Lux, its new-generation electronic shelf label (ESL), at NRF 2026: Retail’s Big Show Europe. Built on a hybrid energy architecture, Nebular Lux harvests ambient indoor light to supplement battery power, bringing together greater operational responsiveness and lower battery-related carbon impact at the shelf edge.

Under a representative retail operating scenario, Nebular Lux reduces daily energy consumption by approximately 46% compared with conventional ESL deployments. Across a deployment of one million labels, the solution can help avoid approximately 202 metric tons of CO₂ emissions associated with battery production and replacement activities over a 10-year operating period. Together, these efficiencies demonstrate how a more energy-efficient shelf-edge architecture can support both long-term operational performance and sustainability at scale.

As retailers deploy millions of electronic shelf labels, the shelf edge is becoming an increasingly important part of day-to-day store operations. At the same time, retailers need to support more frequent and responsive shelf-edge services without compromising the long operational life required at scale. Balancing responsiveness, longevity and sustainability is therefore becoming an increasingly important consideration as digital shelf infrastructure evolves.

Nebular Lux is designed to address this challenge through a hybrid energy architecture that combines ambient indoor light harvesting, ultra-low-power electronics, and Hanshow’s fifth-generation communication protocol HiLPC, reflecting system-level engineering across energy management, communications, positioning and retail-scale product integration.

This expanded energy budget supports more frequent positioning and longer-duration LED signalling, helping retailers scale high-frequency use cases such as picking, replenishment, product finding and location-based services without compromising standard product longevity. For retailers, this can translate into better product availability, greater operational efficiency and more responsive store execution. At the same time, lower battery consumption and fewer replacement requirements can help reduce lifecycle operating costs, improve total cost of ownership and strengthen the return on ESL infrastructure investments.

“The next generation of shelf infrastructure needs to do more than remain connected — it needs to become more responsive while also using energy more intelligently,” said Philippe Brochard, Chairman of the Advisory Board at Hanshow. “Nebular Lux brings these two priorities together, helping retailers create a faster connection between insight and action while supporting a more sustainable foundation for Store Digital Twin at scale.”  Nebular Lux demonstrates how the evolution of digital shelf infrastructure can support both more responsive store operations and longer-term sustainability goals.

At NRF 2026: Retail’s Big Show Europe, Hanshow is demonstrating how Nebular Lux integrates with its broader Store Digital Twin portfolio at Hall 6, Booth E-020. Hanshow’s intelligent robotics solution NexMate is also making its European debut at the event, further expanding Store Digital Twin with intelligent sensing and execution capabilities.

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AB Tasty and VWO Unite Under Wingify, Launching a Unified Platform, New Brand Identity, and a Website

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The company introduces an Agentic Experience Optimization Platform built to understand, decide, act, and prove across every digital touchpoint, with Wingz as its AI engine

PARIS, DELHI, India and NEW YORK, Sept. 16, 2026 /PRNewswire/ — Following the merger announced earlier this year, VWO and AB Tasty today unveiled Wingify as the unified global brand for the combined business. The move also marks the unveiling of a combined platform under a single category, Agentic Experience Optimization Platform, and a single promise: Make every digital experience relevant.

One Name, One Flight Path

VWO and AB Tasty each spent more than 15 years building their businesses independently before merging. Together, the company now represents more than $100 million in revenue, 4,000+ customers worldwide, and a team of 700+ people across 11 offices in North America, Europe, Asia Pacific, and Latin America.

“Bringing VWO and AB Tasty together was never just about combining two platforms,” said Sparsh Gupta, CEO of Wingify. “It’s about giving our customers a clearer path forward with a strong data foundation that helps you act. AI is not another layer we’ve added to the platform; it is the platform’s operating logic, as it sees what is happening, decides what to do next, and acts while the visitor is still on the page. Every one of those decisions is measured, so relevance is something we can prove rather than promise.”

AI is changing what is possible. The new brand and platform are grounded in two ideas: clarity and curiosity. Together with AI, they create a new approach to optimization, connecting every touchpoint across the suite and turning insight into smarter action.

Introducing the Agentic Experience Optimization Platform

Wingify is now a new Agentic Experience Optimization Platform: where experimentation, personalization, behavioral insights, commerce optimization, feature management, and customer engagement run on one data foundation, one workflow, and one AI. The customer decides in moments, and Wingify closes that gap by understanding, deciding, and acting while the visit is still happening, and then proving whether it worked.

The foundation powers the Relevance Loop:

Understand. Reads behavioral, journey, affinity, intent, contextual, and emotional signals — including from anonymous visitors.

Decide. AI connects that understanding and determines the next best move: the right experience, design, feature, message, or recommendation for each person.

Act. Turns decisions into live experiences the moment they matter, using the same data and intelligence across the same connected suite.

Measure & Learn. Experimentation and analytics measure every action against business outcomes, turning results into new learning that makes every next decision sharper.

“Disconnected tools quietly cost teams time,” said Alix de Sagazan, CRO of Wingify. “An insight from one tool has to be manually rebuilt somewhere else, and every handoff invites delay and errors. Wingify closes those gaps, so insight turns into an action and action turns into a better experience.”

Wingz: AI Woven Through Every Stage

Wingz, Wingify’s embedded AI, runs across the Relevance Loop, using live behavioral data to understand visitors, recommend and activate changes, and measure their impact.

“Most AI in marketing software is an assistant sitting on top of a product. It can tell you things, but it cannot do much, and it certainly cannot tell you whether it was right. We built this the other way round. It runs inside the loop, so it sees the signal, makes the call, ships the change, and then measures it. That last part is the hard part, and it is why we spent 15 years building the experimentation layer underneath it,” said Ankit Jain, Co-founder and Chief Product & Technology Officer at Wingify.

What This Means for Customers

Existing VWO and AB Tasty customers can expect a platform that lets them see and act on the bigger picture, with a client base that includes L’Oréal, LVMH, Decathlon, Puma, Forbes, Motorola, AXA, De Beers, and more.”Our customers built real momentum with VWO and AB Tasty long before this merger,” said Rémi Aubert, Co-founder and Chief Customer & Strategy officer at Wingify. “This isn’t about starting over. It’s about giving that momentum wings: a clearer runway, a sharper set of tools, and a platform built to make every single interaction more relevant than the last”

The new site and brand are live today at wingify.com

About Wingify

Wingify is an Agentic Experience Optimization Platform that helps brands make every experience relevant. By combining deep customer understanding, AI-powered real-time decisioning, activation, experimentation, and analytics together in one continuous loop. Wingify understands each visitor, decides what is most relevant in the moment, turns that decision into a live experience across web, apps, search, merchandising, email, SMS, and push, then measures the result and learns from it.

Wingify serves more than 4,000 customers worldwide from 11 offices across North America, Europe, Asia Pacific, and Latin America. Learn more at wingify.com.

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SOURCE Wingify

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Unlocking APAC Semiconductor Bottleneck Opportunities: CSOP Solactive Asia AI Bottleneck Index ETF to List on HKEX tomorrow

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HONG KONG, Sept. 16, 2026 /PRNewswire/ — CSOP Solactive Asia AI Bottleneck Index ETF (3499.HK) will list on HKEX tomorrow (17th September 2026). 3499.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of Solactive Asia AI Bottleneck Index (net total return version) (the Index). It has a listing price of about HK$7.8 per unit, a board lot size of 100, and management fee of 0.99%.

3499.HK provides focused access to APAC semiconductor bottleneck champions, investing primarily in equities listed in Taiwan (China), South Korea and Japan. The term “Bottleneck” in the ETF’s name refers to companies operating in critical bottleneck segments of the AI infrastructure supply chain, as represented by the Index. In order to achieve the investment objective of CSOP Solactive Asia AI Bottleneck Index ETF, a combination of physical representative sampling and synthetic representative sampling strategy are deployed to closely correspond to the performance of the Index.

Behind the rapid expansion of AI compute lies a highly specialized supply chain, spanning memory, advanced foundry, semiconductor materials and equipment, power and thermal management solutions, and other enabling technologies. Many of the world’s core AI bottleneck segments are anchored in Asia, particularly across Taiwan (China), South Korea and Japan. The strategic importance of Asia’s AI hardware ecosystem is reflected in the leading market positions of its key players. For example, SK hynix accounts for around 58% of the global HBM market, while Samsung Electronics holds approximately 21% in Q1 2026[1]. In advanced foundry manufacturing, TSMC commands around 70% of the global market in 2025[2]. These leading companies are directly represented in the Index. As of 8th September 2026, Samsung Electronics, TSMC and SK hynix are the top three constituents of the Index, with weights of 21.0%, 18.6% and 16.4%, respectively[3]. Beyond the top three, other major constituents include MediaTek, Advantest, Tokyo Electron, Kioxia, Hitachi, Delta Electronics and Murata Manufacturing[3], further underscoring the ETF’s exposure to leading companies across Asia’s AI compute supply chain bottleneck segments. 3499.HK is well balanced across Taiwan (China), South Korea and Japan, with geographic exposure of approximately 43%, 37% and 20%, respectively[3]. Through this ETF, Hong Kong investors can conveniently access a distinctive niche within the global AI infrastructure value chain.

The Index (net total return version) follows a transparent, rules-based methodology to identify AI infrastructure and semiconductor supply-chain bottleneck companies listed in Taiwan (China), South Korea and Japan. It selects up to 30 eligible securities from the Solactive GBS Global Markets All Cap USD Index and weights them by free-float market capitalization, subject to a 20% single-stock cap. This approach aims to provide focused yet diversified exposure to Asia’s AI hardware bottleneck opportunities while mitigating concentration risk. The Index is rebalanced quarterly on the last business day of February, May, August and November, with no ad-hoc adjustments based on short-term market sentiment.

Ms. Ding Chen, CEO of CSOP, said, “We believe Asia’s AI compute supply chain bottlenecks remain strategically important, supported by their scarcity, structural demand growth and persistent supply constraints. The launch of the CSOP Solactive Asia AI Bottleneck Index ETF marks an important step in connecting Hong Kong investors with this highly specialized segment of the Asia AI infrastructure value chain. CSOP remains committed to translating complex and fast-evolving global investment themes into accessible ETF solutions for Hong Kong investors.”

[1] Source: Counterpoint Research, “Global DRAM and HBM Market Share: Quarterly”, accessed 10 September 2026, https://counterpointresearch.com/en/insights/global-dram-and-hbm-market-share.

[2] Source: TrendForce News, “China’s No.3 Foundry Nexchip to Hike Prices 10% from June, Following SMIC, Hua Hong”, accessed 10 September 2026, https://www.trendforce.com/news/2026/03/13/news-chinas-no-3-foundry-nexchip-to-hike-prices-10-from-june-following-smic-as-mature-node-supply-tightens/

[3] Source: Solactive Indices

About CSOP

CSOP Asset Management is the largest ETF/ETP issuer in Hong Kong*. As of 31st August 2026, CSOP’s total AUM stood at about US$34.3 billion (about HK$269.4 billion). Supported by a robust ETF ecosystem, CSOP offers a lineup of 71 ETF/ETPs and 5 mutual funds across Hong Kong and Singapore**. In 2026, 7 of the 10 most actively traded ETPs in Hong Kong were managed by CSOP***.

*Source: HKEX, Bloomberg, CSOP, as of 31st August 2026. Based on assets under management of all share classes of ETFs (including leveraged and inverse products) listed in Hong Kong, excluding ETFs with multiple listings.

** Source: HKEX, Bloomberg, CSOP, as of 31st August 2026.

***Source: Bloomberg, from 1st January 2026 to 31st August 2026.

Disclaimer and Important Notices

Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and the full list of risk factors. This material is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong. Please read the detailed disclosure and disclaimer carefully by accessing website (https://www.csopasset.com/en/education/disclaimer_en.html).

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SOURCE CSOP Asset Management Limited

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