Switzerland’s top companies dominate various industries, from mining and commodities to food and beverage. These global giants are driving the country’s economy and making their mark on the international stage. Discover the powerhouses shaping Switzerland’s business landscape.
1. Glencore
Industry: mining and commodities
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $203750 Millions
Stock symbol: GLCNF
Glencore, founded in 1974, is headquartered in Baar, Switzerland. It operates in over 50 countries worldwide, making it a truly global company. Glencore is primarily engaged in the production, refinement, and marketing of commodities such as metals, minerals, energy products, and agricultural goods. It also provides logistics, storage, and financing services. While Glencore does not have any specific brands, it is known for its extensive portfolio and expertise in the commodities industry.
2. Nestlé
Industry: food and beverage
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $95730 Millions
Stock symbol: NESN.SW
Nestlé, founded in 1866, has its headquarters in Vevey, Switzerland. It operates in 187 countries worldwide, making it a truly global company. Nestlé is primarily engaged in the production and distribution of food and beverage products, including baby food, dairy products, confectionery, and pet food. Some of its well-known brands include Nescafé, KitKat, Maggi, and Purina.
3. Roche
Industry: healthcare
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $68730 Millions
Stock symbol: ROG.SW
Roche, founded in 1896, is headquartered in Basel, Switzerland. It operates in over 100 countries worldwide. The company is primarily engaged in the research, development, and manufacturing of pharmaceuticals and diagnostics. Roche’s main products and services include prescription drugs, diagnostic tests, and laboratory equipment. Some of its well-known brands include Avastin, Herceptin, and Tamiflu.
4. Zurich Insurance Group
Industry: insurance
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $67330 Millions
Stock symbol: ZURN.SW
Zurich Insurance Group Home Page
Zurich Insurance Group is headquartered in Zurich, Switzerland, and was founded in 1872. It operates in over 170 countries worldwide, making it a truly global company. The main activities of Zurich Insurance Group include providing insurance and risk management solutions to individuals, businesses, and multinational corporations. They offer a wide range of products and services, including property and casualty insurance, life insurance, and investment management. Zurich Insurance Group is known for its strong brand and commitment to delivering reliable and innovative insurance solutions.
5. Novartis
Industry: pharmaceuticals
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $51080 Millions
Stock symbol: NVS
Novartis is headquartered in Basel, Switzerland and was founded in 1996. It operates in over 150 countries worldwide. The company’s main activities include research, development, manufacturing, and marketing of pharmaceuticals, eye care products, and generic medicines. Novartis is known for its brands such as Diovan, Gilenya, and Lucentis.
6. Swiss Re
Industry: insurance
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $43740 Millions
Stock symbol: SREN.SW
Swiss Re, headquartered in Zurich, Switzerland, was founded in 1863. It operates in over 25 countries worldwide, providing reinsurance and insurance solutions. The company’s main activities include risk transfer, risk financing, and asset management. Swiss Re offers a wide range of products and services, including property and casualty reinsurance, life and health reinsurance, and corporate solutions. It is known for its strong brand reputation and expertise in managing complex risks.
7. Kühne + Nagel
Industry: transportation and logistics
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $43140 Millions
Stock symbol: KNIN.SW
Kühne + Nagel is a global logistics company headquartered in the city of Schindellegi, Switzerland. It was founded in 1890. With operations in over 100 countries, it has a vast international presence. The company specializes in providing comprehensive logistics solutions, including transportation, warehousing, and supply chain management. Kühne + Nagel offers a wide range of services to various industries, such as automotive, aerospace, pharmaceuticals, and retail. It is known for its efficient and reliable services and has established itself as a trusted brand in the logistics industry.
8. Chubb
Industry: insurance
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $42120 Millions
Stock symbol: CB
Chubb is a multinational insurance company headquartered in New York City, United States. It was founded in 1882. Chubb operates in more than 50 countries worldwide, providing insurance and reinsurance services. Their main activities include property and casualty insurance, personal accident and supplemental health insurance, and commercial insurance. Chubb is known for its wide range of insurance products and services, catering to individuals, businesses, and multinational corporations.
9. UBS
Industry: financial services
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $34950 Millions
Stock symbol: UBS
UBS, headquartered in Zurich, Switzerland, was founded in 1862. It operates in multiple countries, with a presence in over 50 countries worldwide. UBS is primarily engaged in providing financial services, including wealth management, investment banking, asset management, and retail banking. It offers a wide range of products and services to its clients, such as investment advice, financing solutions, and banking services. UBS is recognized as one of the leading global financial institutions, serving both individual and institutional clients.
10. ABB
Industry: industrial goods
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $29180 Millions
Stock symbol: ABB
ABB is a multinational corporation headquartered in Zurich, Switzerland, founded in 1988. It operates in more than 100 countries worldwide, making it a truly global company. ABB specializes in power and automation technologies, offering a wide range of products and services such as electrical equipment, robotics, industrial automation, and power grids. Some of its well-known brands include ABB Ability™, ABB Robotics, and ABB Electrification.
More: The Swiss Economic Model
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