Basel is the fastest developing economic region in Switzerland and one of the most productive and innovative worldwide. It is home to BASELWORLD and Art Basel, the most important international trade fairs for watches and jewellery and modern and contemporary art, respectively. Global leaders in the pharmaceutical and chemical industry – Novartis, Roche, Syngenta, Clariant and others – are headquartered in the Basel area. Basel is considered a first-rate location for life sciences and nanotechnology. This stimulating environment has given rise to a plethora of innovative research firms, for example in medical and biotechnology. Other industries also contribute to Basel's reputation: finance and insurance, information technology, architecture and design. They all create rewarding jobs and attract highly skilled workers from all over the world. Last but not least, liberal employment laws, low taxes, an efficient administration and political stability are Switzerland's traditional strong points that also benefit companies in the Basel area.
Dynamic and at the heart of Europe
The Basel area has the most dynamic economy in Switzerland and is one of the most productive and innovative in the world. It provides jobs for around 300,000 people from Switzerland and abroad. By far the greatest economic value added is created by Life Sciences, represented by renowned global players such as Novartis, Roche, and Syngenta. Other important branches of trade are the chemical industry, finance, and logistics.
On the road to Europe
Favoured by its geographic location on the traditional north-south route through Europe, the Basel region has always been a major trading centre for goods. Many international companies use Basel as a base from where to access the European market.
The exceptionally high level of education among the local populace makes it possible for companies to recruit highly qualified employees. This is reflected – even in international comparison – in the impressive productivity figures. As a border town, Basel also benefits from the availability of German and French employees (cross-border workers): Around 35,000 pass through the border controls on their way to work every day, and many of them are highly qualified specialists. And more employees come from further afield: people from more than 160 nations live and work in Basel.
Services and Leading Companies
There are several helpdesks for companies who are already based in Basel or who wish to start offices here: BaselArea, Economic Promotion for Basel, and the Office of Economy and Labour of Basel-Stadt offer many services for companies who are already based in Basel or who wish to start offices here, from counselling for start-ups, through information for employees and employers, up to and including the promotion of innovation.