Top 35 companies in Spain in the IBEX 2020 index

The largest companies in Spain have an important influence on the country and the world economy. The top 35 publicly traded companies in Spain, which make up the IBEX 35 index, are presented here along with their activities, logos, sectors and useful links.

In Spain, companies must be, or become a Sociedad Anónima, abbreviated SA, which means “anonymous corporations”, to be listed on the Madrid Stock Exchange. Although they must comply with the rules of the National Securities Market Commission (CNMV), listed companies have the right to receive capital from investors who buy their shares.

The IBEX 35 index

To facilitate understanding of the evolution of the Spanish stock market and the economy in general, the shares of the 35 largest companies by market capitalization are aggregated in the IBEX 35 index or CAC (which means Spanish Stock Index), which is the stock market benchmark index of Spain.

Revised twice a year, the IBEX 35 is a capitalization-weighted index, in which the shares of the 35 component companies are weighted according to the total market value of their outstanding shares. Larger companies by market capitalization weigh more in the index than smaller ones.

The real-time trading of the IBEX 35 index can be followed with convenient graphical tools from various sources, including the Madrid Stock Exchange, Google Finance, Yahoo Finance, Bloomberg, etc.

This post is part of a series:

• Largest U.S. Companies
• Top US companies on the Dow Jones
• Top US companies on the Nasdaq
• Top US tech companies
• Top US finance companies
• Top companies in Canada
• Top companies in Mexico
• Top companies in Brazil
• Top UK companies
• Top companies in Germany
• Top companies in France
• Top companies in China
• Top companies in India
• Top Australian companies

List of the 35 largest companies on the Madrid Stock Exchange by market capitalization

To help you learn more about Spanish corporations, listed below are the 35 components of the IBEX index, which are also the largest companies on the Madrid Stock Exchange. Each company is presented in detail, with its main sector and industry, operations, a direct link to its website, market capitalization, logo and stock symbol. Companies are classified according to market capitalization in euros, as of the effective close on Monday, February 3, 2020.

Direct access to each company

To make it easier for you to navigate this long list, here are quick anchor links to go directly to the details of each company. Be sure to also check out the summary of the  Top 10 companies in Spain  after the list!

35. Ence
36. Mediaset Spain
37. Meliá Hotels
38. Indra Systems
39. Viscofan
40. Acerinox
41. MoreMobile
42. CIE Automotive
43. Sabadell Bank
44. Bankia
45. Bankinter
46. Acciona
47. Merlin Properties
48. Colonial Real Estate
49. Enagas
50. Mapfre
51. ACS Group
52. Red Eléctrica de España

1. Siemens Gamesa
2. IAG
3. ArcelorMittal
4. Cellnex Telecom
5. CaixaBank
6. Grifols
7. Repsol
8. Ferrovial
9. Naturgy
10. Aena
11. Endesa
12. BBVA
13. Amadeus
14. Telephone
15. Santander Bank
16. Iberdrola
17. Inditex

35. Ence

Sector: Basic materials – Industry: Paper and paper products

Ence Energía y Celulosa, more simply known as Ence, is a company specialized in the transformation of wood and the production of paper pulp. In addition to its participation in paper pulp and forest management, Ence is also a producer of renewable energy from the combustion of agroforestry biomass, as well as solar thermal energy.

Website: ence.es  – Market Cap: $ 888.6 million – Stock Symbol: ENC

34. Mediaset Spain

Sector: Communication services – Industry: Broadcasting

Mediaset España Comunicación, SA is a television network and media producer. The largest television network in Spain, notably operates the television channels Telecinco, Cuatro, Factoría de Ficción, Boing, Divinity, Energy and Be Mad. The Italian company Mediaset is the largest shareholder in Mediaset Spain.

Website: mediaset.es  – Market Cap: $ 1.527 billion – Stock Symbol: TL5

33. Meliá Hotels

Sector: Cyclical Consumer – Industry: Accommodation

Meliá Hotels International, SA is a hotel chain. It operates more than 370 hotels, in 40 countries, under the Meliá, Gran Meliá, ME by Meliá, Paradisus, Innside by Meliá, TRYP by Wyndham, Sol Hotels and Club Meliá brands.

Website: melia.com  – Market Cap: $ 1,652 billion – Stock Symbol: MEL

32. Indra Sistemas

Sector: Technology – Industry: Information technology services

Indra Sistemas, SA is an information technology and defense systems company. It operates in three lines of business: information technology, simulation and automatic testing equipment, and defense electronic equipment. Indra is dedicated to consulting services, project development and integration of systems and applications for the outsourcing of IT systems and business processes (BPO) in Europe, the United States and Latin America.

Website: indracompany.com  – Market Cap: $ 1.841 Billion – Stock Symbol: IDR

31. Viscofan

Sector: Cyclical Consumer – Industry: Packaging and containers

Viscofan is a company specialized in the manufacture of casings for meat products. Offering a range of chemical and mechanical processed cellulose, collagen, fibrous and plastic products, Viscofan operates in more than 100 countries around the world.

Website: viscofan.com  – Market Cap: $ 2.296 billion – Stock Symbol: VIS

30. Acerinox

Sector: Basic materials – Industry: Steel

Acerinox, SA is a conglomerate dedicated to the manufacture of a range of stainless steel and steel products. One of the largest steel companies in the world, it operates manufacturing plants in Spain, Europe, the United States, South Africa, Argentina, Chile and Malaysia.

Website: acerinox.es  – Market capitalization: $ 2.398 billion – Stock symbol: ACX

29. MoreMobile

Sector: Communication services – Industry: Telecommunications services

MásMóvil Ibercom, SA, which operates under the trade name Grupo MásMóvil, is a telecommunications company. It is dedicated to communication services in Spain through its subsidiaries, Yoigo, MoreMóvil, LlamaYA, Pepephone, Lebara Spain and Hits Mobile.

Website: masmovil.es  – Market capitalization: $ 2,502 billion – Stock symbol: MAS

28. CIE Automotive

Sector: Cyclical Consumer – Industry: Autoparts

CIE Automotive is an industrial group involved in the production and distribution of components and sub-assemblies for automobile manufacturers. Operating in automotive components, biofuels and technological solutions and services, CIE Automotive is present in 15 countries on 4 continents.

Website: cieautomotive.com  – Market Cap: $ 2,505 Billion – Stock Symbol: CIE

27. Banco Sabadell

Sector: Financial Services – Industry: Banks – Regional

Banco de Sabadell, SA is a banking group. One of the largest banks in Spain, it is made up of several brands of local and specialized banks, subsidiaries and associated banks. Particularly committed to small and medium-sized companies and wealthy individuals who participate in international trade, Banco Sabadell has a network of more than 2,800 branches in Spain and abroad.

Website: grupbancsabadell.com  – Market capitalization: $ 4.613 billion – Stock symbol: SAB

26. Bankia

Sector: Financial Services – Industry: Banks – Regional

Bankia is a banking corporation. He is involved in retail banking, corporate banking, investment banking, private banking, asset management, finance, and insurance. Bankia has operations in Spain and a representative office in Shanghai, China.

Website: bankia.com  – Market Cap: $ 5.124 billion – Stock Symbol: BKIA

25. Bankinter

Sector: Financial Services – Industry: Banks – Regional

Bankinter, SA, is a banking and financial services company. It operates in retail and commercial banking through a network of more than 400 branches, mainly located in Spain. Bankinter also owns the Spanish bank EVO Banco.

Website: bankinter.com  – Market Cap: $ 5.28 billion – Stock Symbol: BKT

24. Act

Sector: Industrial – Industry: Engineering and construction

Acciona, SA is a conglomerate dedicated to the development and management of infrastructure and renewable energies. With operations in construction, water, industry and services, Acciona is dedicated to the development of bridges, museums, dams, railway infrastructures, hospitals and other public buildings in more than 30 countries.

Website: acciona.com  – Market Cap: $ 5.486 billion – Stock Symbol: ANA

23. Merlin Properties

Sector: Real Estate – Industry: REIT – Diversified

Merlin Properties is a real estate company. Backed by large international funds, including BlackRock, one of the largest US financial companies, it acquires, develops and manages offices, retail properties, shopping centers, logistics facilities and hotels in Spain and Portugal.

Website: merlinproperties.com  – Market Cap: $ 5.985 billion – Stock Symbol: MRL

22. Colonial Real Estate

Sector: Real Estate – Industry: REIT – Office

Inmobiliaria Colonial is a real estate company. Following its origins until 1946, it gradually evolved from a bank to become a real estate management company involved in office buildings and logistics centers operating mainly in the Paris, Madrid and Barcelona markets.

Website: inmocolonial.com  – Market Cap: $ 6.138 Billion – Stock Symbol: COL

21. Enagás

Sector: Utilities – Industry: Utilities – Regulated Gas

Enagás, SA, originally abbreviated as Empresa Nacional del Gas, is a public gas service company. It owns and operates the Spanish national gas distribution network and the liquefied natural gas regasification terminals, as well as other gas assets. In addition to its operations in Spain, Enagás also has activities in Mexico, Peru, Chile, Sweden and the European Trans Adriatic Pipeline project.

Website: enagas.com  – Market Cap: $ 6.341 billion – Stock Symbol: ENG

20. Mapfre

Sector: Financial Services – Industry: Insurance – Specialty

Mapfre, SA is an insurance company. Founded in 1933 as Mutualidad de la Agrupación de Propietarios de Fincas Rústicas de España, Mapfre has gradually become one of the largest insurance companies in Spain, operating in life and non-life insurance, as well as investment management. In addition to Spain, Mapfre is also present in more than 40 countries, and is particularly important in Latin America.

Website: mapfre.es  – Market capitalization: $ 7.157 billion – Stock symbol: MAP

19. ACS Group

Sector: Industrial – Industry: Engineering and construction

Activities of Construcción y Servicios, SA, more simply known as the ACS group, is a company specialized in construction and civil and engineering services, as well as telecommunications. It operates in public works, residential and non-residential construction, transportation infrastructure concessions, facilities management, environmental services, logistics and industrial services, especially developed in addition to Spain in Germany, India, Brazil, Chile, Morocco and Australia.

Website: grupoacs.com  – Market capitalization: $ 8.997 billion – Stock symbol: ACS

18. Red Eléctrica de España

Sector: Public services – Industry: Public services: regulated electricity

Red Eléctrica de España is an electrical service company. It operates the national electricity transmission network in Spain and also participates through various subsidiaries in construction, infrastructure, industrial companies and services. Red Eléctrica de España is a partially state-owned company that also has assets in Portugal, Peru and Bolivia, and a significant stake in other companies, including Abertis, Iberdrola and Urbis.

Website: ree.es  – Market Cap: $ 9.714 billion – Stock Symbol: REE

17. Siemens Gamesa

Sector: Industrial – Industry: Specialized industrial machinery

Siemens Gamesa Renewable Energy SA is an engineering company that manufactures wind turbines and provides onshore and offshore wind services. One of the world’s largest wind turbine manufacturers, Siemens Gamesa has production facilities in Denmark, Morocco, China, the United States, Canada, the United Kingdom and Egypt. It is majority owned by Siemens AG, one of the largest German companies.

Website: siemensgamesa.com  – Market Cap: $ 10.315 billion – Stock Symbol: SGRE

16. IAG

Sector: Industrial – Industry: Airlines

International Consolidated Airlines Group, SA, more simply known as IAG, is an Anglo-Spanish multinational airline holding company. Formed in 2011 after the merger between national airlines British Airways and Iberia (from Spain), IAG is now one of the largest airline operators in the world, owning both airlines in formation as subsidiaries. IAG is listed on the London Stock Exchange and the Madrid Stock Exchange and is a component of the benchmark indices of both countries, the FTSE 100 index and the IBEX 35 index.

Website: iairgroup.com  – Market Cap: $ 13.329 billion – Stock Symbol: IAG

15. ArcelorMittal

Sector: Basic materials – Industry: Steel

ArcelorMittal SA is the world’s largest steel producer. Based in Luxembourg, ArcelorMittal was formed through the acquisition of the French company Arcelor by the Indian Mittal Steel. It is involved in steel research and development, mining and production, especially the manufacture of a wide range of products for the automotive industry. ArcelorMittal is also listed on other stock exchanges, including Euronext Paris, where it is part of the French benchmark CAC 40, as it is one of the largest companies in France.

Website: corporate.arcelormittal.com  – Market Cap: $ 13.565 billion – Stock Symbol: MTS

14. Cellnex Telecom

Sector: Communication services – Industry: Telecommunications services

Cellnex Telecom is a wireless telecommunications infrastructure and services company. It is operating in four key areas: telecommunications infrastructure services, audiovisual transmission networks, security and emergency network services, and urban infrastructure management solutions.

Website: cellnextelecom.com  – Market Cap: $ 14,603 billion – Stock Symbol: CLNX

13. CaixaBank

Sector: Financial Services – Industry: Banks – Regional

CaixaBank, SA is a banking and financial services company. Involved in universal banking and insurance with the La Caixa group, with more than 5,000 branches, CaixaBank operates the largest branch network in Spain. It also participates in investment stakes, owns Banco BPI and minority stakes in other financial institutions, Repsol  and Telefónica . CaixaBank, SA is 40% owned by its parent, CriteriaCaixa.

Website: caixabank.com  – Market capitalization: $ 15,926 billion – Stock symbol: CABK

12. Grifols

Sector: Health – Industry: Drug manufacturers: general

Grifols, SA is a multinational pharmaceutical and chemical company. Mainly involved in the production of blood plasma based products, Grifols also provides devices, instruments and reagents for clinical testing laboratories.

Website: grifols.com  – Market Cap: $ 18.37 billion – Stock Symbol: GRF

11. Repsol

Sector: Energy – Industry: Integrated Oil and Gas

Repsol SA is an oil and gas company. From its origins until 1948, Repsol now operates vertically integrated upstream and downstream oil and gas activities, including exploration and production, refining, distribution, trading and trading, petrochemicals and power generation.

Website: repsol.com  – Market Cap: $ 19,239 billion – Stock Symbol: REP

10. Ferrovial

Sector: Industrial – Industry: Infrastructure operations

Ferrovial, SA is a multinational company specialized in infrastructure. It is engaged in the design, construction, financing, operation and maintenance of transportation infrastructure, including highways, highways and airports, buildings, and waste collection and treatment facilities. Ferrovial operates in Spain, the United States, the United Kingdom, Canada, Poland and Latin America.

Website: ferrovial.com  – Market capitalization: $ 20,797 billion – Stock symbol: FER

9. Naturgy

Sector: Utilities – Industry: Utilities – Regulated Gas

Naturgy Energy Group SA is a natural gas and electricity utility company. He is involved in the supply, distribution and commercialization of natural gas, and in the production and distribution of electricity. Naturgy operates in Spain and other countries in Western Europe, Latin America, Puerto Rico, Moldova and Morocco.

Website: naturgy.com  – Market Cap: $ 22.885 billion – Stock Symbol: NTGY

8. Aena

Sector: Industrial – Industry: Airports and air services

Aena, SME SA is an airport management company. It operates 46 airports and 2 heliports in Spain, as well as 15 airports directly in the UK, Colombia and Mexico, or through a joint venture in Sweden and Bolivia. Aena is 51% owned by the Spanish public company Enaire.

Website: enaire.es  – Market capitalization: $ 25,275 billion – Stock symbol: AENA

7. Endesa

Sector: Public services – Industry: Public services: regulated electricity

Endesa, SA is an electrical services company. Founded in 1944 under the name of Empresa Nacional de Electricidad, Endesa operates in the generation and distribution of electricity from nuclear power plants, fossil fuels, hydroelectric and renewable resources. A majority-owned subsidiary of the Italian utility Enel, Endesa also has interests in natural gas and telecommunications companies in Spain.

Website: endesa.com  – Market capitalization: $ 26,215 billion – Stock symbol: ELE

6. BBVA

Sector: Financial Services – Industry: Banks – Diversified

Banco Bilbao Vizcaya Argentaria, SA, better known by its initials BBVA, is a multinational financial services company dedicated to banking, insurance and asset management. Tracing its origins back to 1857, BBVA has expanded its presence beyond Spain to South America, North America, Turkey and Romania.

Website: bbva.com  – Market capitalization: $ 30,842 billion – Stock symbol: BBVA

5. Amadeus

Sector: Technology – Industry: Information technology services

Amadeus IT Group, SA, more simply known as Amadeus, is a technology company focused on the travel and tourism industry. It mainly operates a global distribution system that manages transactions between service providers in the travel industry (airlines, hotels, car rentals …) and travel agencies, and a customer management system for sales and reservations of companies. airlines, inventory management and departure control systems.

Website: amadeus.com  – Market Cap: $ 31,111 Billion – Stock Symbol: AMS

4. Telephone

Sector: Communication services – Industry: Telecommunications services

Telefónica, SA is a multinational telecommunications company. These are telephone and mobile networks, along with fixed and mobile telephony, broadband and subscription television services under the Telefónica, Movistar, O2 and Vivo brands. Telefónica operates in multiple countries in Europe and America.

Website: telefonica.com  – Market capitalization: $ 31,466 billion – Stock symbol: TEF

3. Santander Bank

Sector: Financial Services – Industry: Banks – Diversified

Banco Santander, SA, is a financial services and commercial banks company. He is involved in retail, corporate, investment and private banking, insurance, asset management, and private equity. Founded in 1857, Banco Santander has become one of the largest banks in the world, especially through acquisitions, operating in numerous countries in Europe, South America, North America and Asia.

Website: santander.com  – Market Cap: $ 59.202 billion – Stock Symbol: SAN

2. Iberdrola

Sector: Public services – Industry: Public services – Diversified

Iberdrola is a multinational electricity company. It is dedicated to the generation and distribution of electricity, renewable energy, production, sale and distribution of natural gas and telecommunications. Very involved in renewable energies, it is one of the world’s largest producers of wind energy. Iberdrola operates directly or through subsidiaries in Spain, the United Kingdom (Scottish Power), the United States (Avangrid), Brazil (Neoenergia), Mexico, Germany, Portugal, Italy and France.

Website: iberdrola.es  – Market capitalization: $ 62.304 billion – Stock symbol: IBE

1. Inditex

Sector: Cyclical Consumer – Industry: Clothing Retail

Industria de Diseño Textil, SA, more simply known as Inditex, is a multinational clothing company. Most famous for its flagship brand Zara, Inditex also operates several other brands, including Zara Home, Massimo Dutti, Bershka, Oysho, Pull and Bear, Stradivarius, and Uterqüe. With more than 7,200 stores in more than 90 countries, Inditex has become the world’s largest fashion group thanks to its customer-centric approach and its ability to quickly replenish stores with new designs.

Website: inditex.com  – Market Cap: $ 95,143 billion – Stock Symbol: ITX