Swiss Companies Among Global Leaders On Research Spending

2023-05-04 11:15:00

(MENAFN- Swissinfo) The Roche towers in Basel: Roche is the highest-ranked European company in the research spending ranking, coming eighth Keystone/gaetan Bally

Fourteen Swiss companies are among the world's top 500 when it comes to expenditure on research and development, according to a ranking by consultants EY.

This content was published on May 4, 2023 May 4, 2023 Keystone-SDA/ts

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Overall, Switzerland is in ninth place globally, thanks to illustrious names such as Roche, Novartis, Nestlé, ABB and Swatch.

In terms of the number of companies in the top 500, Switzerland is practically on a par with the United Kingdom, the study revealedexternal link on Thursday.

“This is an expression of the strength of Switzerland as a research location. This is due in particular to the availability of human resources in research and development and the proximity to the world's leading technical universities,” said Stefan Rösch-Rütsche, managing partner of EY in Switzerland.

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