Leading Industries and Companies
Basel boasts the highest density of successful life sciences companies in the world. Renowned companies such as Novartis, Roche, Lonza, Bayer and Syngenta have their headquarters here. They are surrounded by a flourishing biotope of other research companies focusing on chemistry, biotechnology and nanotechnology which, together with the University of Basel, the ETH's Biosystems Science and Engineering department and the University of Applied Sciences and Arts Northwestern Switzerland FHNW form the life sciences cluster. This cluster consists of a total of 700 companies, including big multinationals, numerous SMEs and a constantly growing number of successful start-ups and spin-offs. The life sciences cluster is spread across three countries and generates enormous momentum that not only benefits the Basel-based pharmaceutical, biotech and medtech companies, but also all other sectors in the region. Agribusiness, the chemical sector and nanotechnology are also strongly represented here by multinationals such as Syngenta, Lonza, BASF, Bayer, Huntsman, Idemitsu and Clariant. Medical technology is gaining in importance at the interface between life sciences and materials science. Among others, global leaders such as Straumann, Medartis and DePuySynthes are located in the Basel region.
As a top business location, Basel also is a prime financial center, where, among others, the Bank for International Settlements has its headquarters. Differing from the Swiss average, insurance companies are highly significant in Basel. They contribute more than half of the added value in the financial sector. Insurance companies such as the Baloise Group and Helvetia are located here.
Logistics and trade
Its optimal location and public transportation system, with the EuroAirport Basel-Mulhouse-Freiburg, the Swiss Rhine Harbour, the international railway stations and excellent connections to European motoway networks, make Basel into the logistics centre of Switzerland. The main road and rail routes for Europe all intersect in Basel, and global logistics players like Panalpina DHL, Rhenus make excellent use of this. Trading companies have also always been well represented in the Basel region. Companies like Coop, Davidoff, Dufry, Manor, Fossil and Tally Weijl are just some of the examples.