Rank: 7 (Previous rank: 7)
CEO: Liu Zhenya Employees: 1,583,000 Address: 86 W. Chang'An St. Beijing, 100031 Country: China Website: www.sgcc.com.cn China's government-owned power company is in pretty good shape compared to its neighbors in Europe. The turbulent economic situation overseas has left many countries -- including Spain -- turning to China for a lifeline. Just last month, State Grid announced its plan to buy high-voltage electricity transmissions from Spanish construction company Actividades de Construccion y Servicios for $938.2 million. --Sierra Jiminez, associate producer Subscribe to Fortune Magazine |
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Company | 2011 Number of Employees |
---|---|
Wal-Mart Stores | 2,200,000 |
China National Petroleum | 1,668,072 |
State Grid | 1,583,000 |
Company | 2011 Profits ($ millions) |
---|---|
Gazprom | $44,459.6 |
Exxon Mobil | $41,060 |
Industrial & Commercial Bank of China | $32,214.1 |