The 500 largest companies in the world Pemex has climbed six steps and becomes the nation's No. 34 largest in the world, America Movil moves to the CFE as the second largest Mexican firm in the country.
Posted: Thursday, July 12, 2007 at 10:30
RELATED ARTICLES The 2007 Fortune Most Admired Wal-Mart invested 10.000 billion pesos in Mexico Cemex at the finish, buy 90% of Rinker The dilemma of Petróleos Mexicanos America Movil shares plunge
Mà ‰ XICO CITY (CNNExpansià ³ n.com) - The five major Mexican companies listed in the ranking of the 500 largest companies in the world of Fortune had an advance in this year's list, except Carso Global Telecom, which fell 18 places . The state-owned Petroleos Mexicanos (Pemex) increased from 40 to site 34, the telephone Carlos Slim's America Movil rose 398 to location 330, the government's Commission Federal de Electricidad (CFE) climbed from 395 to 364 and Lorenzo Zambrano Cemex cement rose 451 to step 398.
In the global list of the 500 largest companies in the world, Carso Global Telecom, also by billionaire Carlos Slim, fell from 450 to 468 instead, reported Thursday by Fortune magazine.
The high oil prices and global excess of mergers and acquisitions resulted in another year of record profits for companies in the old economy, the magazine said.
Cemex, based in Monterrey, announced this week that has taken more than 90% of the shares of Australia's Rinker Group Ltd.
America Movil (which last year was listed by Fortune under the name of its former parent, American Telecom) is now the second largest Mexican companies in the country after Pemex, CFE moving to third.
Wal-Mart Force
Globally, this year's list of largest companies in the world is led by Wal-Mart, followed by Exxon Mobil and the Royal Duch Shell third place.
Wal-Mart overtook Exxon as the largest company and the site was restored in 2005. The oil firm had taken from the retailer the podium in the 2006 list.
Of the 500 companies on the list this year, 162 are American, 24 are Chinese, 67 Japanese, 16 Canadians and 10 are Latin American, of which five are Mexican and the other five are Brazilian.
Posted: Thursday, July 12, 2007 at 10:30
RELATED ARTICLES The 2007 Fortune Most Admired Wal-Mart invested 10.000 billion pesos in Mexico Cemex at the finish, buy 90% of Rinker The dilemma of Petróleos Mexicanos America Movil shares plunge
Mà ‰ XICO CITY (CNNExpansià ³ n.com) - The five major Mexican companies listed in the ranking of the 500 largest companies in the world of Fortune had an advance in this year's list, except Carso Global Telecom, which fell 18 places . The state-owned Petroleos Mexicanos (Pemex) increased from 40 to site 34, the telephone Carlos Slim's America Movil rose 398 to location 330, the government's Commission Federal de Electricidad (CFE) climbed from 395 to 364 and Lorenzo Zambrano Cemex cement rose 451 to step 398.
In the global list of the 500 largest companies in the world, Carso Global Telecom, also by billionaire Carlos Slim, fell from 450 to 468 instead, reported Thursday by Fortune magazine.
The high oil prices and global excess of mergers and acquisitions resulted in another year of record profits for companies in the old economy, the magazine said.
Cemex, based in Monterrey, announced this week that has taken more than 90% of the shares of Australia's Rinker Group Ltd.
America Movil (which last year was listed by Fortune under the name of its former parent, American Telecom) is now the second largest Mexican companies in the country after Pemex, CFE moving to third.
Wal-Mart Force
Globally, this year's list of largest companies in the world is led by Wal-Mart, followed by Exxon Mobil and the Royal Duch Shell third place.
Wal-Mart overtook Exxon as the largest company and the site was restored in 2005. The oil firm had taken from the retailer the podium in the 2006 list.
Of the 500 companies on the list this year, 162 are American, 24 are Chinese, 67 Japanese, 16 Canadians and 10 are Latin American, of which five are Mexican and the other five are Brazilian.
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