10 Largest Dutch Companies
Each of the ten largest Dutch companies generated sales both in Netherlands and abroad. Many of their corporate and subsidiary brand names will be familiar to consumers throughout Europe and North America.
The names of several of the 10 largest Dutch companies will be familiar to consumers around the world due to the products they manufacture, beers they brew and supermarkets they own. Others on the list are not as easily recognizable (even for expats who have lived in Netherlands for years).
The following are the top biggest Dutch companies based on 2023 sales revenue (in USD) according to Forbes Global 2000 and Fortune 500. Companies that have a legally registered headquarter here in Netherlands but no operations or Dutch ownership (such as Stellantis, Airbus and Yandex) are not included.
10 LARGEST DUTCH COMPANIES…
#1 AHOLD DELHAIZE – $91.42 Billion [Headquarters: Zaandam, North Holland]
– In the Netherlands, this food industry titan operates supermarkets (Albert Heijn), convenience stores (AH to GO), drugstores (Etos), liquor stores (Gall & Gall) and two of the ten largest Dutch webshops (bol., Albert Heijn Online). In other countries, it owns supermarkets under such nameplates as Delhaize, Giant Food, Food Lion and Stop&Shop.
#2 HEINEKEN – $30.18 Billion [Headquarters: Amsterdam, North Holland]
– Heinekin has been one of the largest Dutch companies for many years. The brewer of beer and cider products doesn’t just sell under the namesake brand, but under many brands it owns including Amstel, Desperados, Sol, Tiger, Birra Moretti, Tecate, Red Stripe, Dos Equis and Strongbow.
#3 RANDSTAD HOLDING – $28.56 Billion [Headquarters: Diemen, North Holland]
– Randstad Holding is involved in the human resources industry, including recruitment and temp services. It operates throughout Europe, North America, South America and Australia under such banners as Randstad, Monster, Tempo Team, Dfind, Spherion, Twago and Digby Morgan.
#4 ASML – $25.36 Billion [Headquarters: Veldhoven, North Brabant]
– Involved in the high-tech industry, including the hardware and software needed to produce semi-conductor chips. The company was jointly founded by ASMI (Advanced Semiconductor Materials International) and Philips in 1984 and was spun off a decade later. It is now a global leader in computer chip manufacturing technology.
#5 ING GROUP – $22.54 Billion [Headquarters: Amsterdam, North Holland]
– This Dutch financial services company offers personal banking, savings, loans, mortgages and insurances. It is the market leader in the Netherlands, Belgium and Luxembourg and a key player in Germany, Italy, Spain and Australia. ING is also active in the United States, Mexico, Brazil, Argentina, Russia, China, India and many other countries either directly or through a global network of franchises.
#6 AEGON – $26.4 Billion [Headquarters: The Hague, South Holland]
– The Dutch company is involved in the financial services industry, including insurances, mortgages, pensions and investments. It has officially sold off its insurance businesses in Netherlands, but will retain its global headquarters in the country. A significant portion of its revenue is generated in the United States where it holds a strong market position after its purchase of Transamerica. In Europe, aside from the Netherlands, its biggest markets are the U.K., Spain and Portugal. Aegon is also active in Asia and Australia.
#7 ACHMEA – $19.9 Billion [Headquarters: Zeist, Utrecht]
– Achmea is a Dutch financial services company involved primarily in the insurance sector. In the Netherlands, its various brand divisions include Centraal Beheer, FBTO, Inshared, Interpolis and Zilveren Kruis. It also operates internationally (in Australia, Canada, Greece, Slovakia and Turkey) with brands Eureko Sigorta, Interamerican and Union.
#8 PHILIPS – $18.74 Billion [Headquarters: Eindhoven, North Brabant]
– This Dutch high-tech company was founded in 1891 as a light bulb manufacturer. Over the years it expanded its business into other electric categories including household appliances, electronics, renewable energy, personal health and beauty aids, medical devices and more. In the early 2010’s, Philips decided to focus solely on medical devices and divested everything else.
#9 NN GROUP – $18.14 Billion [Headquarters: The Hague, South Holland]
– NN Group is a major player in the Dutch financial services industry, including insurance, money management and home mortgages. Its brands include Nationale-Nederlanden, NN, OHRA and ABN AMRO Verzekeringen. It has operations throughout Europe and in Japan.
#10 RABOBANK – $15.98 Billion [Headquarters: Utrecht, Utrecht]
– This Dutch cooperative banking and financial services company started in the late 1890’s. The company offers personal banking, loans, savings, home financing and corporate banking services through its 97 local cooperatives in Netherlands. It is also active in 36 other countries primarily via private sector lending and leasing.
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