Biology of Business

Euro Stoxx

25 companies

Adyen

Technology

Adyen exhibits preferential attachment dynamics at payment infrastructure scale. The Dutch fintech processed €1.29 trillion in transaction volume duri...

eurostoxx

AXA

Financial Services

AXA is a French multinational insurance firm. The company provides life, health, property, and casualty insurance along with asset management services...

eurostoxx

Banco Santander

Financial Services

When the 2008 financial crisis shattered global banking, Santander absorbed the wreckage of smaller institutions and emerged stronger—demonstrating th...

ibex35, eurostoxx

BBVA

Financial Services

BBVA generated €10.1 billion in net profit during 2024, a 25.4% increase driven by algorithmic decisioning that processes 350 million transactions dai...

eurostoxx

CaixaBank

Financial Services

CaixaBank completed the largest technological and commercial integration in Spanish banking history during 2021-2023, absorbing Bankia's 4.1 million c...

eurostoxx

Capgemini

Technology

Capgemini's 342,700 employees in Q1 2025 distribute 60% offshore and 40% onshore—a deliberate geographic metabolism optimizing for cost efficiency and...

eurostoxx

Dassault Systèmes

Technology

The 3DEXPERIENCE platform generates 40% of eligible software revenue in Q3 2025, demonstrating platform ecosystem dynamics: once users commit to the i...

eurostoxx

Delivery Hero

Technology

Food delivery platforms operate as foraging networks: connecting hungry customers to restaurants through rider fleets that optimize routes in real-tim...

eurostoxx

Enel

Energy

Italian utility with global renewables portfolio—geographic diversification across continents like migratory species. Largest private renewable operat...

eurostoxx

Eni

Energy

Eni is an Italian multinational oil and gas company. The company operates in energy production, refining, chemicals, and renewable energy. It has stro...

eurostoxx

EssilorLuxottica

Consumer Goods

The merger of lens manufacturer Essilor and frame maker Luxottica created a €26.5 billion organism controlling over 50% of the global sunglasses marke...

eurostoxx

Iberdrola

Energy

Iberdrola operates 44,675 MW of renewable capacity across four continents, yet its true power lies not in generating electrons but in constructing the...

eurostoxx

ING Group

Banking & Financial Services

ING is a Dutch multinational banking and financial services corporation. The company focuses on retail and commercial banking with a strong digital-fi...

eurostoxx, Euronext Amsterdam +1

Intesa Sanpaolo

Financial Services

Intesa Sanpaolo is Italy's largest banking group serving 14 million customers. The company provides retail, corporate, and wealth management services....

eurostoxx

Just Eat Takeaway.com

Technology

Corporate autophagy at scale. On 6 January 2025, Just Eat Takeaway completed the sale of Grubhub to Wonder for $650 million—a 92% reduction from the $...

eurostoxx

Orange

Telecommunications

Orange generated €40.3 billion revenue in 2024 serving 260 million customers across Europe, Africa, and the Middle East, operating physical fiber and...

eurostoxx

Pernod Ricard

Food & Beverage

Pernod Ricard's €10.96 billion revenue in fiscal 2025 distributes across 240+ brands in 73 countries, with strategic internationals (Absolut vodka, Ja...

eurostoxx

Safran

Aerospace

CFM International delivered 729 LEAP engines in H1 2025, up 10% year-over-year, with each engine containing Safran-built components that took decades...

eurostoxx

STMicroelectronics

Technology

STMicroelectronics is a European semiconductor manufacturer. The company designs and produces chips for automotive, industrial, and consumer electroni...

eurostoxx

Telefónica

Telecommunications

Telefónica operates 181.5 million premises passed with ultra-broadband networks, of which 84.6 million run on fiber-optic cables the company owns outr...

eurostoxx

Thales Group

Aerospace

Thales generated €20.6 billion revenue in 2024 with €51 billion order backlog, operating across defense, aerospace, cybersecurity, and transport. The...

eurostoxx

UniCredit

Financial Services

UniCredit is an Italian global banking group serving 25 million clients across Europe. The company provides commercial banking, corporate banking, and...

eurostoxx

Vinci

Construction

Vinci generated €71.6 billion revenue in 2024 with €6.8 billion free cash flow, operating through a concession model where the company finances, build...

eurostoxx

Wolters Kluwer

Technology

Wolters Kluwer occupies obligate mutualist niche in professional knowledge ecosystems. The Dutch information services company generates €5.9 billion i...

eurostoxx

Zurich Insurance Group

Financial Services

Zurich Insurance's $75+ billion annual revenue (property/casualty 75%, life insurance 20%) rests on portfolio theory made institutional: uncorrelated...

eurostoxx