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Economic structure
Zug is well established as a business region in its own right - and this success story is set to continue.
Over the past 20 years, the number of companies based here has more than doubled to some 24,300.
Economic structure
Zug can claim a very varied range of economic activity. The mix of top quality manufacturing and service sector companies - embracing several key clusters - reflects the well-balanced blend of business across the canton.
Currently 31% of the entire workforce are employed in the fast-growing manufacturing sector. Most of these are employed in the high-tech, computer and electronics industries, in medical technology/diagnostics and the pharmaceutical fields, as well as the metal working industry.
Some 67% of the canton's labor force are engaged in the service sector. They are employed in a vast and varied range of specialized fields, extending from commodity trading, wholesale and the distribution of branded products to finance, schooling, management training and the marketing of sports goods.
International business relations
Many of the companies operating in Zug can claim strong global links. Accordingly, local attorneys and trustee companies are well experienced in international business affairs.
SMEs (Small-to-medium enterprises)
Small-to-medium enterprises are well represented in Zug. Many of them supply their products and services to companies located throughout the canton.
For further information:
Trade & Service Association of Canton Zug
Industry Association of Zug
Association of small and medium-sized enterprises.
Innovation
Targeted planning and the transformation of innovative ideas into reality make Zug a pulsating business location, firmly focused on the future. Several current projects are aimed at encouraging the innovative ability of students and promoting the pioneering strengths of entrepreneurs.
Every year, the Cantonal Government of Zug presents the Zug Innovation Prize.