Key Facts

Headquarters

Rue Royale 20

1000 Brussels Belgium

 

U.S. Headquarters:

1 Chase Manhattan Plaza

New York, NY 10005

Phone: 212-859-7000

Fax: 212-859-7034

Ticker Symbol

FOR (Euronext Brussels) / FORA (Euronext Amsterdam)

Staff

Population: 49,468
1 year change: –23 percent

Financial

2004 revenue: $82,819 million

1-yr. growth rate: 32 percent

Fortis

Company Overview

Fortis is a Dutch-Belgian company specializing in retail, merchant, and commercial and private banking and life and non-life insurance. Known for its expertise in niche markets like shipping, commodities, export, and project finance and fund administration, it is among the 20 largest financial companies in Europe. Just two percent of its employees (about 1,000) work in the U.S. In addition to organic growth, Fortis is focused on growth via acquisition; 2006 acquisitions included Cinergy Marketing & Trading, a Texas-based energy company and Hedge Fund Services, the largest fund administrator in the British Virgin Islands.