Due to the economic crisis and meltdown, the whole world in general and Europe in particular has witnessed a shrink in economy. Especially, Europe’s economy has recently overtaken by America and China. In the situation, let's see the largest companies in Europe and how they were doing last year.
Royal Dutch Shell
Royal Dutch Shell plc, which is commonly referred as Shell, is the global oil and gas company located in The Hague, Netherlands and at the Shell Centre in London, United Kingdom. According to Forbes Magazine, Royal Dutch Shell is the fifth-largest company and the world's second-largest energy company in 2011. The company runs operation in 90 countries and serves 44,000 service stations worldwide thanks to production of around 3.1 million barrels of oil equivalent per day.

2010 Market Value: $176,968.1 million
Nestle
Nestlé S.A, which was founded in Vevey, Switzerland, is the largest food and nutrition company in the world growing during the First World War and following the Second World War.

2010 Market Value: $187,255.0 million
Gazprom
Gazprom is the largest Russian company and largest extractor of natural gas in the world. The Gazprom's production fields are mostly based on the Gulf of Ob in Yamalo-Nenets Autonomous Okrug in Western Siberia.

2010 Market Value: $137,995.6 million
HSBC
HSBC is named the world's second-largest banking and financial services group in 2011 by Forbes magazine. The giant bank has 7,500 offices in 87 countries.

2010 Market Value: $176,573.5 million
Vodafone
Vodafone Group, which is headquartered in London, United Kingdom, is the world's largest mobile telecommunications company by both revenues and subscribers.

2010 Market Value: $121,362.3 million
Novartis
Novartis is the multinational pharmaceutical company based in Basel, Switzerland.

2010 Market Value: $142,709.6 million
Total
Total is the French multinational oil company and one of six supermajor oil and gas company in the world. The company was established after the World War 1.

2010 Market Value: $136,580.4 million
BP
BP, the global oil and Gas Company situated in London, United Kingdom, is the third largest energy company and fourth-largest company in the world due to revenues. BP works in over 80 countries and produces as much as 3.8 million barrels of oil equivalent per day.

2010 Market Value: $177,609.1 million
Royal Dutch Shell
Related links:
Top Eight Largest Companies in Europe