Brazil has five companies in world's top 500

04/01/2006 - 16h41

Alana Gandra
Reporter Agência Brasil

Rio - Five Brazilian companies made it into the ranking of the world's 500 biggest companies by the Financial Times. They have a combined market value of over US$ 130 bilhões.

The biggest, and best ranked, is Petrobras. At number 113, it has a reported market value of US$74 billion. Also on the list: mining giant Vale do Rio Doce (155), beverage-maker Ambev (313), and the banks Itaú (324) and Bradesco (465).

According to the Financial Times, the world's biggest companies are: General Electric and Exxon Mobil.

Translation: Allen Bennett