15 Fortune 500 companies headquartered in Switzerland
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Switzerland is a very respected country in the business world. Here we list some companies that belong to the Fortune 500.
1. Glencore International
Those : cadogantate.com
Fortune 500 Rang: 14
Industry: raw materials
City: Barr
Glencore International may not be familiar to everyone, but this raw materials company is ranked 14th on the Fortune Global 500 and is the highest-ranked Swiss company. As the world's largest commodities trader, Glencore International produces and trades bulk commodities (metals, minerals, oil, cotton, coal, kerosene, crude oil and gasoline) that power industries around the world. Glencore employs over 60,000 people. The global marketing department employs 3,000 people in 40 countries, and the industrial department employs 58,000 people in 33 countries.
2. Nestlé
Fortune 500 Rang: 14
Industry: Food and Beverages
City: Vevey
As number 1 in the food industry, Nestlé's portfolio covers almost all areas of the food and beverage industry. Nestlé's brands include Jenny Craig, Gerber, Stouffer's, Dreyer's, Haagen-Dazs, Purina, PowerBar, Perrier and Poland Spring. Additionally, Nestlé is one of the largest manufacturers of frozen pizza and one of the largest players in the pet industry. Nestlé's headquarters have been in Vevey since 1867. Nestlé's workforce in Vevey is made up of people from 85 different countries.
3. Novartis
Fortune 500 Rang: 157
Industry: pharmaceuticals, vaccines, consumer health
City: Basel
Novartis was formed in 1996 through the merger of Ceiba-Geigy with Sandoz, a leading manufacturer of generic drugs. Novartis' largest division is pharmaceuticals, but its consumer health division also produces several well-known products, including Excedrin, Theraflu and Maalox. Employees from over 80 countries work at Novartis' Basel headquarters. The building has a café, public green spaces, shops and a fitness center. The campus is currently being remodeled to replace aging buildings with more energy efficient and environmentally friendly ones.
4. Zurich Insurance Group
Fortune 500 Rang: 178
Industry: Insurance
Zurich city
Zurich Insurance Group offers general and life insurance products for individuals, small businesses, corporations and multinational corporations. Even if you don't know Zurich Insurance Group, you've probably seen their company, Farmer's Insurance, advertised on TV. Based in LA, Farmer's Insurance offers home, auto, commercial and life insurance. Zurich Insurance Group currently employs 60,000 people in over 170 districts.
5. Roche Group
Those : agiletech.vn
Fortune 500 Rang: 192
Industry: Pharmaceuticals and diagnostics
City: Basel
In addition to producing prescription drugs such as Tamiflu, the Roche Group's diagnostics division also produces clinical laboratory supplies, genetic tests and diabetes monitoring devices. Roche products are sold in over 180 countries. Roche is headquartered in Basel and has 150 subsidiaries and two business divisions, including the biotechnology company Genentech.
6. Credit Suisse
Fortune 500 Rang: 204
Industry: Financial Services
Zurich city
Credit Suisse is one of Switzerland's leading financial services companies and offers investment management, private banking and asset management. Internationally, these services are offered under the Credit Suisse brand; in Switzerland, they are provided by the subsidiary Clariden Leu. Credit Suisse not only operates over 200 branches in Switzerland, but also operates in over 50 countries.
7. UBS AG
Fortune 500 Rang: 215
Industry: Financial Services
Zurich city
UBS is a global financial services company that offers wealth management and investment banking products to corporate, private and institutional clients. In Switzerland, UBS is also active in private and corporate banking. UBS was formed in 1997 from the merger of the Schweizerische Bankgesellschaft and the Schweizerische Bankgesellschaft.
8. ABB Group
Fortune 500 Rang: 273
Industry: Energy and automation technology
Zurich city
The ABB Group operates in 100 countries and employs 124,000 people. ABB's portfolio includes a wide range of energy and robotics products, ranging from circuit breakers to control systems that control entire factories. The most important product lines include switchgear, electronic control and supply units for variable-speed 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 center.
9. Alliance Boots
Fortune 500 Rang: 274
Industry: Pharmaceutical wholesale, drugstore and cosmetics retail
City: Zug
Alliance Boots is Europe's leading pharmaceutical wholesaler, supplying over 170,000 pharmacies, hospitals and clinics in 20 countries, including China. In retail, Alliance Boots operates 3,300 pharmacies, drugstores and cosmetics stores in the UK and ten other countries. Boots UK is the leading retail pharmacy chain in the United Kingdom. US drugstore chain Walgreen's currently owns a 45% stake in Alliance Boots - the first step in a three-year merger.
10. Xstrata plc
Those : globaldatabase.com
Fortune 500 Rang: 325
Industry: Mining
City: Zug
Xstrata is one of the largest mining and minerals companies in the world. Copper is the company's largest segment, accounting for 45% of total sales. Xstrata is also one of the world's largest producers of ferrochrome and vanadium - coal byproducts used in the production of stainless steel. With offices in over 20 countries, Xstrata employs 70,000 people.
11. Coop Group
Fortune 500 Rang: 364
Industry: Retail
City: Basel
The Coop Group is a Swiss retail chain and one of the largest retailers in Switzerland. Coop not only operates 800 supermarkets and megastores throughout Switzerland, but is also the owner of the second largest department store chain in Switzerland (Coop City).
12. Adecco Group
Fortune 500 Rang: 387
Industry: Recruitment
City: Glattbrugg
Adecco is the world's largest staffing company with 100,000 customers and 5,500 offices around the world. Adecco's primary business is temporary staffing, but the company also offers permanent staff placement, outsourcing and other human resources-related services. In addition to general recruitment, Adecco also offers six other professional sectors.
13. Swiss Re
Fortune 500 Rang: 394
Industry: reinsurance
Zurich city
Although Swiss Re is based in Zurich, it generates 40% of its revenue in America. The company specializes in underwriting reinsurance for property and casualty and life and health insurers. The company has offices in over 20 countries and sells its products worldwide through direct sales and distributors.
14. Migros
Fortune 500 Rang: 396
Industry: retail
Zurich city
Migros is the number one in Swiss retail and operates ten regional cooperatives. Not only is Migros more popular than Coop, it also has branches in other European countries and operates a wider range of stores. In addition to retail stores such as Migros and Ex Libris, Migros also operates banks (Migros Bank), hotels (Hotelplan) and gas stations (Migrol).
15. Holcim
Fortune 500 Rang: 396
Industry: Concrete
City: Jonah
Holcim is one of the largest cement manufacturers in the world, producing a whopping 200 million tons of cement annually. Holcim operates in 70 countries around the world and has subsidiaries in Canada, Great Britain, Australia and Mexico.
