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 Switzerland is home to several large multinational corporations

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jancancook




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Join date : 2011-01-02

Switzerland is home to several large multinational corporations Empty
PostSubject: Switzerland is home to several large multinational corporations   Switzerland is home to several large multinational corporations Icon_minitimeSun Oct 30, 2011 10:39 am

Switzerland is home to several large multinational corporations. The largest Swiss companies by revenue are Glencore, Nestlé, Novartis, Hoffmann-La Roche, ABB and Adecco.[80] Also notable are UBS AG, Zurich Financial Services, Credit Suisse, Swiss Re, and The Swatch Group. Switzerland is ranked as having one of the most powerful economies in the world.[78]
Chemicals, health and pharmaceutical, measuring instruments, musical instruments, real estate, banking and insurance, tourism, and international organisations are important industries in Switzerland. The largest exported goods are chemicals (34% of exported goods), machines/electronics (20.9%), and precision instruments/watches (16.9%).[81] Exported services amount to a third of exported goods.[81]
Around 3.8 million people work in Switzerland. Switzerland has a more flexible job market than neighboring countries and the unemployment rate is very low. Unemployment rate increased from a low of 1.7% in June 2000 to a peak of 4.4%, as of December 2009.[82] Population growth from net immigration is quite high, at 0.52% of population in 2004.[81] Foreign citizen population is 21.8% as of 2004,[81] about the same as in Australia. GDP per hour worked is the world's 17th highest, at 27.44 international dollars in 2006.


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