Companies in zurich: International headquarters | Greater Zurich

List of the 3 largest companies in Zurich

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This article is based on the research process for our list of the largest companies in Switzerland. The list includes contact details, fields of activities, revenues (if publicly available) and many more valuable data points.

Zurich is Switzerland’s trade and service center par excellence and an outstanding business location. Numerous companies of distinction have their headquarters here – including these 3 heavyweights. We report on the largest financial companies in Zurich in a separate article.

1) Migros-Genossenschafts-Bund

The Migros-Genossenschafts-Bund (MGB) is one of the largest retail trade organizations in Switzerland. Almost a century ago – in 1925 – Migros was founded by the Swiss entrepreneur and politician Gottlieb Duttweiler. He determined Migros’ destiny for decades. Today, MGB consists of ten regional Migros cooperative organizations and numerous subsidiaries. The group represents a mix of cooperative association and corporate group. The organization is supported by around 2.3 million Migros cooperative members. Migros operates numerous supermarkets, specialist stores, food outlets, service stations (Migrol) and other businesses throughout Switzerland. In 2022, it generated total sales of CHF 30.1 billion with nearly 98,000 employees.

2) ABB Asea Brown Boveri Ltd.

The ABB Group was formed in 1988 by the merger of the Swiss group Brown, Boveri & Cie with the Swedish group ASEA (= Allmänna Svenska Elektriska Aktiebolaget). The new industrial giant is a heavyweight in the field of energy and automation technology. Technologies in electrification, solutions and services in robotics and factory automation, and industrial automation products are ABB’s core businesses. The group had revenues of $29.45 billion in 2022 and employed more than 105,000 people worldwide. ABB shares are predominantly in free float. The group operates in around 100 countries through more than 300 subsidiaries.

3) Adecco Group AG

The Adecco Group is one of the world’s largest staffing companies, with over 38,000 employees and sales of 23.6 billion euros (2022). The name “Adecco” is made up of the two components “Adia” and “Ecco”. The merger of the Swiss personnel service provider “Adia Interim” and its French counterpart “Ecco” marked the start of the Adecco story in 1996. However, it took a whole series of further acquisitions and mergers before the current group of companies came into being. Today, Adecco is present in more than 60 countries around the world with over 5,200 offices. Adecco shares are almost exclusively in free float.

Picture source: Henrique Ferreira via Unsplash (29.04.2023)

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Location-specific Advantages | Kanton Zürich

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The Canton of Zurich offers an outstanding quality of life and excellent general conditions for entrepreneurial activities.

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Your Ideal Location

The Canton of Zurich is a business, research and finance centre in one. It is also an important driver of growth for the Swiss economy. Zurich’s more than 116,000 companies form a dynamic network made up of large international corporations, innovative medium-sized companies and highly specialised small enterprises. With an annual GDP volume of over 120 billion Swiss francs – which is more than twenty per cent of Switzerland’s GDP – Zurich accounts for the greatest economic performance and value added in Switzerland.  

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Advantages:

• The Canton of Zurich is an attractive location for internationally active companies. No fewer than one in eight jobs in the Canton of Zurich is with a local branch of a foreign company. 
• Below a selection of international companies based in the Canton of Zurich: ABB, Adecco, AXA, Credit Suisse, DKSH, Dormakaba, Gategroup, Google, ICBC, Kistler, Lindt & Sprüngli, Nyrstar, Rieter, Sensirion, Sonova, Sulzer, Swiss Re, Takeda, UBS, Vifor Pharma, Zimmer

Advantages:

• A host of Zurich-based companies, research & educational institutions, specialised organisations, public sector institutions and creative personalities are contributing to shaping the future through innovation.  

Advantages:

• The Federal Institute of Technology Zurich (ETH) has kept its top position and is still the highest-ranking university outside the English-speaking world. Four other Swiss universities are also ranked within the world’s top 100.  

Advantages:

• Home to excellent universities and universities of applied sciences, including the renowned University of Zurich and ETH, the Canton of Zurich offers a high potential of well-educated employees.
• Thanks to Switzerland’s dual-track education system (apprenticeships) that includes on-the-job vocational training, Swiss professionals are among the world’s best.  

Advantages:

• Zurich has held a top position in international quality of life and standard of living rankings for many years.

Advantages:

• The City of Zurich took the top slot in the renowned Mercer Quality of Living Survey for seven years in a row. It has held second place since 2009.

  The Mercer Survey compares 230 cities based on 39 evaluation criteria, including:
  – Political and economic situation
  – Medical and health considerations
  – Recreation
  – Consumer goods
  – Schools and education
  – Housing and natural environment

Advantages:

• In a new index which, for the first time, is also taking inclusive economic and social prosperity into account, Zurich is ranked in first place of 113 cities. The »Prosperity and Inclusion in Cities Seal and Awards Index” measures not only economic growth but also chiefly the quality of economic growth and which share different population segments have in it. Zurich scored particularly well in the factors work, housing, recreation, safety, and education. Vienna ranks in second place, followed by Copenhagen, Luxembourg, and Helsinki.
• According to a national ranking of Swiss cities, Zurich takes the top slot and Winterthur is in third place.

Advantages:

• Beautifully situated on the shores of Lake Zurich and within close proximity of the Swiss Alps, Zurich is not only an outstanding business location, but also a highly attractive place to live with a wide choice of recreation areas and abundant opportunities for leisure activities.  

Advantages:

• Zurich’s international airport is just a few miles from the city centre and can be reached by train, S-train or car in just 10-30 minutes. There are non-stop flights to more than 206 destinations departing from Zurich: 19 to North America, eight to South and Central America, eight to the Near and Middle East, 15 to the Far East, 15 to Africa, and 141 to other European destinations.

Advantages:

• Public transport in Zurich is fast, clean, safe, punctual and easy to use. A uniform fare system applies to the entire coordinated network of trains, S-trains, cableways, buses, boats and trams throughout the region.
• Zurich is a major railway junction offering fast connections within Switzerland and to Europe’s major cities. There are direct trains from Zurich to the Swiss cities of Basel, Bern, and Geneva departing every thirty minutes. Furthermore, the high-speed trains ICE (Germany), TGV (France) and Pendolino (Italy) run several times a day from and to Zurich.

Advantages:

• Switzerland has one of the densest motorway networks in the world, making Zurich easy to reach by car as well.  

Advantages:

• Zurich is considered one of the safest cities in the world.

Advantages:

• There are non-stop flights to more than 206 destinations from Zurich Airport, which is located just a few miles from the city centre.

Advantages:

• Trains depart from Zurich to the Swiss cities of Basel, Bern, and Geneva every thirty minutes. Furthermore, the high-speed trains ICE (Germany), TGV (France), and Pendolino (Italy) run several times a day to and from Zurich.

Advantages:

• Zurich offers an attractive tax climate thanks to tax competition.
• Taxes are levied on three levels in Switzerland (federal, cantonal and municipal). To clarify the tax situation of your company, contact the Division of Business and Economic Development or get in touch with the Cantonal Tax Office directly.

Advantages:

• The Swiss labour market offers one of the most liberal labour laws in Europe and has a low level of regulations.
• Few conflicts between employers and employees, which translates into high productivity: 1st place in the WEF Global Competitiveness Report 2017-2018: »Labor Market Efficiency”.
• The dual-track education system (apprenticeship) that includes highly relevant on-the-job vocational training. As a result, unemployment, especially youth unemployment, is low.
• A good overview of the Swiss labour market is provided in the handbook for investors entitled »Switzerland as a Business Location” published by Switzerland Global Enterprise (SGE).

Advantages:

• Besides German, children in Zurich are taught English and French in primary school.  
• More than a quarter of Zurich’s residents are not from Switzerland.  

Advantages:

• Political stability and legal certainty are key factors that have moved Zurich forward – and will continue to do so in the future.  

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Largest companies in Switzerland. Top 10 Overview So, how much do you think the shares will be worth today? Yes that’s right! Over $13,620,000!

Anyone with a little money can, with some professional knowledge and a bit of luck, buy assets that have the potential to generate windfalls. The key here is to invest in the right stocks at the right time and then stick with them until they are fully mature.

The companies listed below are among the top 10 Swiss stocks. Do not forget to read the article about the most reliable investments.

1. Nestle SA (NESN).

Price – 100 CHF.

Nestlé is number one in the food industry and covers virtually all areas of the food industry. Nestlé brands include Jenny Craig, Gerber, Stouffer’s, Dreyer’s, Haagen-Dazs, Purina, PowerBar, Perrier and Poland Spring. They are also one of the largest frozen pizza manufacturers as well as one of the biggest players in the pet industry. Nestlé has been headquartered in Vevey since 1867. The Nestlé staff in Vevey is made up of people from 85 different countries.

2. Novartis AG (NOVN).

Price – 83 CHF.

Novartis was created in 1996 when Ceiba-Geigy merged with Sandoz, a leading generic drug manufacturer. While pharmaceuticals make up Novartis’ largest division, their consumer health division produces several well-known products, including Excedrin, Theraflu and Maalox. Employees from over 80 countries work at Novartis’ Basel headquarters, which includes cafes, public green spaces, shops and a fitness center. The campus is currently in the process of being renovated to replace outdated buildings with more energy efficient and environmentally responsible ones.

3. Zurich Insurance Group AG (ZURN).

Price – 370 CHF.

Zurich Insurance Group provides general and life insurance services to clients ranging from individuals and small businesses to companies and multinational corporations. Although you may not know the Zurich Insurance Group, you have probably seen an advertisement for their Zurich Insurance Company. Based in Moscow, Insurance Company Zurich provides home, auto, commercial real estate and life insurance services. The Zurich Insurance Group currently has 60,000 employees in over 170 counties.

4. Roche Holding AG (RO).

Price – 300 CHF.

In addition to manufacturing prescription drugs such as Tamiflu, the Roche Group’s Diagnostics division manufactures clinical laboratory supplies, genetic testing and diabetes monitoring equipment. Roche products are sold in over 180 countries. Roche, headquartered in Basel, has 150 subsidiaries and two divisions, including the biotechnology company Genentech.

5. Credit Suisse Group AG (CSGN).

Price – 11 CHF.

Credit Suisse, one of Switzerland’s leading financial companies, offers investment management, private banking and wealth management services. Internationally, these services are provided through the Credit Suisse brand, but in Switzerland they are provided by a subsidiary of Clariden Leu. In addition to over 200 retail outlets in Switzerland, Credit Suisse operates in over 50 countries.

6. UBS Group AG (UBSG).

Price – 12 CHF.

UBS is a global financial services company providing asset management and investment banking services to corporate, private and institutional clients. In Switzerland, UBS also offers retail and commercial banking services. UBS was created from a 1997 merger between Union Bank of Switzerland and Swiss Bank.

7. ABB Ltd (ABBN).

Price – 24 CHF.

The ABB Group operates in 100 countries and employs 124,000 people. ABB’s portfolio includes a wide range of energy and robotics products, from power switches to control systems that control entire factories. Their main product lines include switchgear, electronic control and power units for variable frequency drives and other applications, and transformers. ABB’s headquarters are located on the outskirts of Zurich in Oerlikon, halfway between the airport and the city centre.

8. Adecco Group AG Class N (ADEN).

Price – 55 CHF.

As you would expect from the world’s largest employment agency, Adecco has 100,000 clients and 5,500 offices worldwide. While Adecco’s core business is temporary staffing, they also offer permanent staffing, outsourcing and other staffing related services. In addition to the general office staff, Adecco also has six professional lines.

9. Swiss Re AG (SRENH).

Price – 83 CHF.

While Swiss Re is based in Zurich, 40% of their revenue comes from the Americas. The company specializes in reinsurance for property and accident insurers, as well as life and health. They have offices in over 20 countries and sell their products worldwide through direct sales and distributors.

10. Lafarge Holcim Ltd (LHN).

Price – 48 CHF.

Holcim is one of the largest cement producers in the world, producing a whopping 200 million tons of cement per year. Operating in 70 countries, Holcim has subsidiaries in Canada, the UK, Russia, Australia and Mexico.

6 largest Swiss companies listed on the St. Petersburg Stock Exchange

Investments

04/26/22

Switzerland is a developed country with one of the most stable economies in the world. Thus, during the pandemic, the country’s GDP decreased by 2. 9%, while in the UK – by 9.4%, Germany – by 4.9%, and the USA – by 3.4%. In addition, the Swiss franc is a currency that has historically risen against the dollar.

Here are 6 largest Swiss companies whose shares are available to Russian investors on the St. Petersburg Stock Exchange. The order is from the largest capitalization to the smallest.

Healthcare

Novartis (NVS)

One of the world’s largest pharmaceutical companies headquartered in Basel. Works in 140 countries.

Ranked 218th in the Fortune Global 500, a list of the world’s largest companies by revenue. The company’s annual revenue is $ 52.4 billion

Capitalization: 221.7 billion dollars

Financial sector

Chubb (CB)

Large insurance company with the head office in Zurich. It operates in 54 countries.

Ranked 333rd in the Fortune Global 500 with $40.4 billion in annual revenue

Capitalization: 9$0.6 billion

Fintech

UBS Group (UBS)

Largest Swiss financial holding headquartered in Zurich. Represented in over 50 countries.

Ranked 302nd in the Fortune Global 500 with $41.1 billion in annual revenue

Capitalization: $66.7 billion

Information Technology

TE Connectivity (TEL)

Technology company that manufactures touch sensors, connectors, solutions for aircraft and electric vehicles. Serves clients in 140 countries.

Ranked 889th on the Forbes Global 2000 list of the world’s largest companies. Annual revenue — $15.2 billion

Capitalization: $41.2 billion

Information technology

Garmin (GRMN)

Manufacturer of GPS-navigators, smartwatches and other solutions for needs of auto-, air-, shipbuilding and other areas. The company operates in 34 countries.

Ranked 1,146th in Forbes Global 2000. Annual revenue of $4.2 billion

Capitalization: $22.1 billion

Non-essential goods

Amcor (AMCR)

Large manufacturer of packaging for food, beverages, pharmaceuticals, medical and household products, and personal care products.