Support for 91 foreign companies setting up operations
Location promoter Greater Zurich Area (GZA) supported 91 international companies in relocating to the region last year. These included a particularly large number from the cleantech sector. And with Starlab Space, the region is beginning to play a key role in the global new space economy, according to GZA.
In terms of location marketing, 2024 surpassed previous years in terms of quality, size and excellence. These are the results of GZA ‘s activities in the past year. As the location promoter explains in a press release, the GZA supported a total of 91 international companies in their expansion projects in this “year of top quality” together with the public location and economic development agencies of the joint economic area.
The GZA describes it as “particularly pleasing” that four out of five of these relocations came from the actively marketed key technologies of cleantech and artificial intelligence, the strategic focus for 2024. “In 2025, sustainability and innovation will become even more of a strategic focus for the GZA,” Managing Director Lukas Huber is quoted as saying. “Since the beginning of 2024, we have been evaluating projects not only in terms of economic aspects, but also from an ecological and social perspective.”
According to GZA, the most significant new additions include companies such as Revolut, Anthropic, OpenAI, the Robotics and AI Institute, BYD and Estun Automation. The strong international focus of these new companies confirms the attractiveness of the Zurich economic area for companies from the fintech, robotics, electromobility and artificial intelligence sectors.
The Starlab Space project also deserves special mention. The Greater Zurich Area is thus also positioning itself as a central innovation location in the future sector of the new space economy. “The location factors that make up the success of the Greater Zurich Area – from quality of life and security to tax attractiveness, entrepreneurial-minded administrations, infrastructure and talent pool – must continue to be actively cultivated,” summarises GZA Chairman of the Board of Directors Dr Balz Hösly.