Guilherme Varjão
Reporter – Agência Brasil

Rio – This year’s Forbes Magazine’s list of the largest companies in the world reveals that of the 2 thousand selected, 44 are Latin American. Brazil leads the group with 19 companies, followed by Mexico with 18, Chile with 5, Peru and Panama with one each. Financial conglomerate Citigroup led the rank of all companies.

Four of the five largest Latin American companies are Brazilian. Brazilian Petrobrás is in the first place, and Bradesco Bank in the second. The third place goes to Panama’s Carnival group, a global cruise company. Banco do Brasil comes in the fourth place, and Companhia Vale do Rio Doce in fifth.

Translation: Andréa Alves