#London #United Kingdom #Rolls-Royce #L'Oréal #Unilever

Fortune Unveils Inaugural List of Europe's Most Innovative Companies

Fortune's Inaugural List: Europe's Most Innovative Companies

On June 12, 2025, Fortune revealed its first-ever list of the most innovative companies in Europe, showcasing 300 firms that are transforming the future through their ingenuity. This comprehensive compilation highlights notable enterprise innovation across 21 countries, with the United Kingdom leading the pack with 48 companies, trailed by Germany with 44 and Switzerland with 39.

Top Ten Innovative Companies in Europe

1. L'Oreal (France)
2. Unilever (United Kingdom)
3. Rolls-Royce (United Kingdom)
4. Philips (Netherlands)
5. GSK (United Kingdom)
6. Sanofi (France)
7. Novo Nordisk (Denmark)
8. Ericsson (Sweden)
9. SAP (Germany)
10. Medtronic (Ireland)

L'Oreal emerges as the leader in innovation, recognized for its advanced beauty solutions utilizing AI-driven personalization and biological skin age technology to tailor skincare recommendations to individual needs. Unilever follows closely for its pioneering efforts in biotechnology and its recently developed AI-supported laundry detergent, marking a significant step forward in sustainable consumer products.

According to Grethe Schepers, head of the European list at Fortune, "There is a common misconception that Europe lacks innovation. This unprecedented list reveals that fresh and innovative ideas are prevalent across all sectors, fundamentally altering industry standards."

The evaluation of these companies was conducted in collaboration with Statista, focusing on three primary criteria:
1. Product Innovation
2. Process Innovation
3. Innovation Culture

Participants at the VivaTech conference in Paris got an exclusive look at the list during its presentation on the Executive Arena stage, hosted by EY. Nicolas Hieronimus, CEO of L'Oreal, expressed pride in the recognition stating, "Being named the most innovative company in Europe by Fortune is a significant honor for us. It reinforces our belief that science, technology, and creativity-driven innovation is pivotal for success on a global platform. This accolade is a testament to the remarkable talent and dedication of our teams worldwide, whose unwavering passion, courage, and entrepreneurial spirit are the foundations of our achievement."

For a complete ranking and insights into the evaluation methodology, visit fortune.com.

About Fortune

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