The Canton of Zug, located in the heart of Switzerland, is one of the most economically vibrant and prosperous regions in the country. Known for its favorable business environment, Zug is a hub for international companies and a leading center for finance, technology, and innovation. Here are some key facts and figures about its economy:
Total Population: Approximately 126,000 residents, making it one of the smaller cantons in Switzerland by population size. The population has been growing steadily, attracted by the canton’s high quality of life and economic opportunities.
Number of Active Companies: The Canton of Zug hosts over 30,000 active companies, ranging from small startups to large multinational corporations.
Average Monthly Start-ups: Zug sees the registration of around 200 new companies each month, reflecting its dynamic and entrepreneurial spirit.
Annual Business Closures: Approximately 1,000 businesses are dissolved or go bankrupt annually, indicating the highly competitive nature of the business environment.
Total Employment: Zug provides employment for over 100,000 people, with a significant portion working in finance, pharmaceuticals, and technology sectors.
Unemployment Rate: The unemployment rate in Zug is very low, consistently around 2.1%, one of the lowest in Switzerland.
Gross Domestic Product (GDP): Zug’s GDP is among the highest per capita in Switzerland, with the canton generating over CHF 10 billion annually. This reflects the significant economic output relative to its size.
Finance and Banking: Zug is a major financial hub, home to numerous banks, asset managers, and investment firms that play a crucial role in the global financial system.
Pharmaceuticals and Life Sciences: The canton hosts many pharmaceutical and biotech companies, making it a leader in healthcare innovation.
Technology and Innovation: Zug is increasingly recognized as a tech hotspot, especially in blockchain technology, with many startups and established tech companies headquartered here.
Retail and Trade: Zug’s retail sector is robust, with a mix of luxury brands, local shops, and international retailers catering to a wealthy population.
Educational Institutions: Zug offers a range of educational opportunities, including international schools and institutions focusing on business, technology, and innovation, providing a well-educated workforce for the local economy.
Infrastructure: Zug’s infrastructure is top-notch, with excellent transport links, healthcare facilities, and digital connectivity, all contributing to its status as a leading business location.
Quality of Life: Zug consistently ranks high in quality of life indices, offering a blend of natural beauty, safety, and economic opportunity, making it an attractive place to live and work.
These figures highlight Zug’s crucial role in Switzerland’s economy, reflecting its dynamic business environment and high quality of life. For more detailed statistics and information, resources such as Yellow Pages Switzerland, eco.help.ch, and www.zg.ch provide comprehensive directories and insights into Zug’s economic landscape.
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Glencore International AG, headquartered in Baar, is one of the world's largest global diversified natural resource companies. Glencore operates a network of more than 90 offices in over 50 countries, employing around 135,000 people. The company focuses on the production and marketing of various commodities, including metals, minerals, energy, and agricultural products.
Cilag GmbH International, based in Zug, is a leading global pharmaceutical company that is part of the Johnson & Johnson family. The company is renowned for its innovative research and development in the fields of pharmaceuticals and biotechnology. Cilag GmbH International focuses on the production of high-quality medications and therapies, contributing significantly to healthcare advancements worldwide. The Zug facility plays a critical role in the company's global operations, reflecting its commitment to excellence and innovation in the pharmaceutical industry.
Partners Group, headquartered in Baar, is a global private equity firm managing over $100 billion in assets. The company provides a wide range of private market investment solutions to institutional clients around the world.
Viatris Pharma, based in Zug, is a global healthcare company formed through the merger of Mylan and Upjohn. The company provides access to medicines, sustainable operations, and the development of new innovative solutions in healthcare.
Swiss Regiomedia AG, based in Zug, is a prominent media company specializing in local and regional publications across Switzerland. The company produces a variety of newspapers and magazines that cater to specific communities, providing valuable news, advertising, and information tailored to local interests. Swiss Regiomedia AG is known for its commitment to delivering high-quality, relevant content that connects and informs local populations.
V-ZUG AG is a Swiss manufacturer of high-quality household appliances, headquartered in Zug. The company is known for its premium kitchen and laundry appliances, which are synonymous with Swiss quality and innovation.
Medela AG, based in Baar, is a leading global provider of breastfeeding products and medical vacuum technology. Medela’s products are known for their innovation and high-quality standards in the healthcare industry.
Amgen Switzerland AG, headquartered in Zug, is a biotechnology company known for its innovative medicines in the treatment of serious illnesses, including cancer and cardiovascular disease.
Zug Estates Holding AG is a prominent real estate company based in Zug. The company focuses on the development, management, and marketing of properties in the Zug region.
Amgen Switzerland AG, based in Rotkreuz, is part of the global Amgen biopharmaceutical company, specializing in the development of innovative medicines for serious illnesses. The company is recognized for its cutting-edge research and its commitment to improving patient outcomes through advanced biotechnology.
Novartis Pharma Schweiz AG, headquartered in Rotkreuz, Zug, is a division of the global pharmaceutical giant Novartis. The company focuses on the development and marketing of innovative medicines and healthcare solutions.
Metall Zug AG is an industrial holding company based in Zug. The company operates in various sectors, including medical technology, wire processing, and industrial engineering.
Zug, a dynamic canton in Switzerland, boasts a diverse and multifaceted business environment. It serves as a key economic hub for the country, blending tradition with innovation. This vibrant region is home to a wide range of industries, from finance and technology to manufacturing and trade, creating a rich tapestry of commercial activities. For more detailed information, resources like Yellow Pages Switzerland, www.help.ch, and www.firmensuchmaschine.ch provide comprehensive directories of businesses in Zug.
Zug's finance and industrial sectors are cornerstones of its economy, with numerous companies specializing in areas such as banking, investment, and commodities trading. The canton’s industrial base also supports both local and international markets, making it a vital part of Switzerland's economic landscape. For specific company listings, Yellow Pages Zug is an invaluable resource.
Zug is renowned for its strong agricultural sector, particularly in dairy production. The region is famous for producing high-quality cheese and other dairy products, contributing significantly to its economy. The agricultural landscape is a blend of modern techniques and traditional practices, ensuring sustainability and growth. To explore more agricultural businesses, Yellow Pages Zug is highly recommended.
Zug is also a growing hotspot for technological innovation, with numerous tech companies and startups establishing themselves in the city. Zug's commitment to fostering a supportive environment for tech enterprises has led to the growth of a vibrant tech ecosystem, including software development, digital services, and cutting-edge research. For a detailed directory of tech companies, refer to Yellow Pages Zug.
The retail landscape in Zug is diverse, featuring both local businesses and national chains. These establishments cater to a wide range of consumers, offering everything from daily essentials to specialty products. The retail sector is characterized by a mix of traditional markets and modern shopping centers, providing a unique shopping experience that draws both residents and visitors. To explore more retail businesses, Yellow Pages Zug is an excellent resource.
The insurance sector in Zug plays a vital role in the local economy. The region hosts a number of insurance firms that offer a variety of products, including life, health, and property insurance. These companies are integral to managing risk and providing financial security for individuals and businesses. For more information on insurance companies, Yellow Pages Zug is a reliable source.
Zug has a thriving fitness and wellness industry, with numerous fitness centers and wellness clubs spread across the canton. These facilities promote a healthy lifestyle among its residents and reflect Zug’s broader commitment to enhancing the quality of life. For a comprehensive list of fitness centers, Yellow Pages Zug is an excellent resource.
The cultural landscape of Zug is rich and varied, with many organizations dedicated to the arts. These include galleries, theaters, and cultural associations that contribute to the canton’s vibrant artistic scene. This sector not only enriches the cultural fabric of Zug but also adds to its appeal as a culturally dynamic region. To explore more cultural enterprises, www.firmensuchmaschine.ch provides detailed information.
Education plays a pivotal role in Zug’s business environment. The canton is home to prestigious educational institutions offering a range of programs designed to equip students with the skills needed for today’s job market. These institutions provide a robust pipeline of talent for various industries, ensuring that businesses in Zug have access to well-trained professionals. For more information on educational institutions, www.help.ch can provide extensive listings.
Lastly, Zug is home to a multitude of non-profit organizations and community groups. These entities play a vital role in addressing social issues, providing support services, and enhancing community engagement. Their presence underscores Zug’s commitment to fostering a supportive and inclusive environment for all its residents. Yellow Pages Zug is an excellent resource for finding various non-profit organizations.
In summary, Zug’s business landscape is characterized by its diversity and dynamism. The canton continues to thrive as a regional economic hub, driven by its strong finance sector, agricultural tradition, innovative tech industry, and rich cultural scene. This multifaceted business environment not only supports the local economy but also positions Zug as a leading region within Switzerland. For more detailed information and company listings, refer to Yellow Pages Switzerland, www.help.ch, and www.firmensuchmaschine.ch.