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Tuesday, July 10, 2012

13 South Korean companies on Fortune’s Global 500


Thirteen South Korean companies made the ranks of Fortune Magazine’s Global 500 list on Monday.

According to the magazine’s online edition, Samsung Electronics Co. was ranked 20th in terms of sales in 2011.

SK Holdings, which was 82nd in 2011, climbed to 65th this year. However, Hyundai Motor Co. slid from 55th to 117th.

Samsung Electronics Co. was also 32nd on the Most Profitable list, which was first place among South Korean corporations.

Royal Dutch Shell, the Netherlands-based energy company, topped the Global 500 list. Wal-Mart, which was in first place last year, dropped to third. With Royal Dutch Shell, three other energy-related companies, Exxon Mobile, BP and Sinopec Group, made the top five.

In the Biggest Employers category, Wal-Mart ranked first with 2.20 million and China National Petroleum came in second with 1.67 million.



By Nam Yoon-seo
Intern Reporter
(jnam8257@heraldm.com)

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