Yuon Control AG from Oberburg and based in Technopark Zurich has been awarded first place in the Ypsomed Innovation Prize 2025, which is endowed with 50,000 Swiss francs, Ypsomedannounced in a press release. The spin-off from Bern University of Applied Sciences develops technologies for building automation and energy management. Yuon Control’s systems enable data from various sources to be used to analyse and optimise energy flows and building functions.
Two other young companies were each honoured with a second prize of 25,000 Swiss francs. One of these is Santella. The start-up project at the University of Bern aims to reduce the use of antibiotics in animal husbandry. As a first step, Santella is developing vaccines for the poultry industry.
The other second prize went to Xemperia from Bulle FR. The spin-off from the University of Fribourg aims to improve the early detection and monitoring of cancer. To this end, Xemperia is developing technologies that combine molecular diagnostics with data analysis and pattern recognition based on artificial intelligence.
A total of 34 projects competed for the innovation prize. “We are delighted to be able to spotlight three outstanding projects again this year,” said Simon Michel, President of the Ypsomed Innovation Fund, in the press release from his speech at the award ceremony. They have “the potential to have a lasting impact on our economy and society – provided they find their way into practical application”. The Ypsomed Innovation Award aims to make a contribution to this.
BRUGG Lifting, part of the BRUGG Group from Brugg AG, is starting the second expansion phase of its Industrial Park 2025 at the Birr site in January. The symbolic foundation stone for the new production hall 6 has now been laid with a ground-breaking ceremony in front of guests from local politics, business and the media. “With this project, we are sending out a strong signal of our innovative strength and our commitment to the region,” said CEO Markus Grüter in a press release.
Production hall 6 will be equipped with two automated small parts racks and will also serve as a logistics centre. Three loading ramps will also be integrated. The investment totals 9.5 million Swiss francs. The construction work is expected to be completed in February 2026.
In a first step, the new belt sheathing system – the production machine for the flat belts of the BRUbelt lift system – was built in the existing production hall. The costs for this totalled 3.5 million Swiss francs. At the same time, a new sliding rack was built to support production, providing storage space for over 1600 pallets for finished products, raw materials and semi-finished products. The lightweight hall was put into operation together with the mobile racking system on 6 December 2024.
“The new production hall enables optimal integration of the new belt casing system and creates an efficient flow of goods with a modern logistics concept,” says Grüter. “The maintenance area will also be modernised to better integrate our apprentices.”
Limmatstadt AG has three new members in its ranks. According to a press release, Bolderlounge, Menu and More AG and buchstäblich AG have joined the regional location promotion organisation. The location promotion organisation already counts more than 100 companies and organisations among its members.
The Boulderlounge Schlieren has been active since November 2021. “We offer Limmatstadt an attractive sports centre right in the heart of Schlieren, five minutes from the train station,” says Managing Director Lena Stürm in the Members section of limmatstadt.ch. “The hall is open 365 days a year for climbing enthusiasts of all ages and offers a great place to network, meet people and have fun.”
Menu and More AG specialises in healthy catering for children. “82 satisfied and dedicated employees from 28 nations” are committed to the well-being of the little ones, according to the website of the provider of children’s and youth catering. “By moving to the Ecopark Tivoli in Spreitenbach, we are anchoring ourselves in a dynamic region full of innovation and entrepreneurial spirit,” explains Managing Director Markus Daniel in the members section.
Buchstäblich AG writes, organises and networks, thinks and implements, writes the agency for marketing and communication based in Weiningen ZH on its website. The company communicates digitally or conventionally “literally for everyone who has something to say”. In the Members section, owner Brigitte Becker describes the Limmat Valley as a dynamic “economic and living space with great potential”.
Artificial intelligence offers numerous tools that companies can use to improve their climate protection and adapt their business to climate change. This is shown in a white paper that the swisscleantech association has developed with the consulting firm Accenture. The paper offers both a practical methodology for companies to analyse their own measures and a detailed overview of the market.
Representatives of companies operating in Switzerland show which AI tools they are already using. Swisscom, for example, uses the solution from 42hacks, based in Trogen AR, to optimise the mobility of its employees thanks to the AI-supported analysis of their mobile phone data. The algorithms of viboo from Dübendorf ZH enable the intelligent control of thermostats and heating systems.
Siemens has turned the Siemens Smart Infrastructure campus in Zug, which will be completed in 2023, into a climate-neutral showcase project for the sustainability of buildings. At the centre of this is the digital building platform Building X, which is part of Siemens Xcelerator.
Google and SAP also discuss their AI-supported climate protection measures in the white paper.
The widespread use of AI will increase the energy requirements of data centres. Their share of global electricity consumption could rise from the current 1 to 2 per cent to 10 per cent by 2030. The white paper also shows how their energy efficiency can be increased. “Rising power consumption can already be partially mitigated through the use of AI and other efficiency measures,” swisscleantech Co-Managing Director Michael Mandl is quoted as saying in a press release accompanying the white paper. “However, this will require further regulatory and political efforts.”
In general, swisscleantech emphasises the opportunities offered by AI. “Our analysis has shown that AI already offers enormous potential to help companies achieve their climate targets,” says Co-President Fabian Etter.
According to a press release, the Zurich-based real estate company Properti has secured Series A financing totalling 1.85 million Swiss francs. The company, which specialises in digital real estate transactions, plans to use the fresh capital to expand its market position. Properti intends to expand its digital platform Propchain. The tool allows various functions to be integrated into one interface. This should offer both owners and users equal advantages.
“The market is certainly challenging for young companies like Properti. Nevertheless, Properti has achieved considerable success even in a volatile economic environment,” said Levent Künzi, CEO of Properti, in the press release. “With an open growth strategy, we are working closely with partners to further expand our end-to-end platform. Our team is characterised by a game changer mentality that enables us to consistently realise Properti’s vision.”
The timber construction company Blumer Lehmann, based in the St.GallenBodenseeArea, has announced the takeover of Hächler Holzbau, as detailed in a press release. From 1 April 2025, Hächler customers will be served from the company’s headquarters in Gossau. All existing and new orders will be processed in the existing workshops. These will remain at the Neuenhof site.
The takeover is intended to bundle the “first-class timber construction expertise” of both companies “into an impressively diverse range of services for sustainable timber construction solutions”, according to the statement. The focus is on classic timber constructions and prefabricated timber construction projects.
With this step, a successful successor solution has also been found for Hächler’s timber construction division, the Wettingen-based Hächler Group announced in a separate press release. A solution for his succession had been worked on together with Managing Director Günter Ebner for some time. “The focus was on the secure future of our employees and maintaining our long-standing customer relationships.”
According to the company, Blumer Lehmann specialises in solutions for the timber industry and in timber and silo construction. 500 employees at four locations provide craftsmanship services for a wide range of customer projects worldwide.
Hächler Holzbau realises “small jobs and complex construction projects” using wood. According to the company, all employees will be taken on. Vocational training will also be continued.
The Swiss Life Investment Foundation wants to increase the capital of its Real Estate Switzerland Old Age and Health ESG investment group by a further CHF 200 million. The subscription period for the corresponding entitlements runs until 14 March, Swiss Life Asset Managers announced in a press release. According to the statement, the new funds will be used to acquire additional properties, invest in the portfolio and reduce debt financing.
The Real Estate Switzerland Ageing and Health ESG investment group focuses on age-appropriate residential properties, care facilities and other healthcare properties as well as health promotion facilities. “With the opening of the investment group, we are offering a sustainable and future-oriented investment opportunity in real estate projects that addresses demographic trends and enables innovative living concepts for a self-determined life in old age,” said Stephan Thaler, Managing Director of the Swiss Life Investment Foundation, in the press release. The foundation, which is part of the Swiss Life Group ‘s asset manager, acquired two retirement centres in Frauenfeld and Ostermundigen BE in December 2024. At the end of 2024, the investment group comprised 18 properties with a total market value of around CHF 700 million.
The 13th edition of the Swiss real estate trade fair for investors, which took place on 15 and 16 January 2025 in Hall 622 in Zurich Oerlikon, exceeded all expectations. With a record attendance of 5,167 trade visitors and 154 exhibitors, IMMO25 confirmed its leading role as the most important trade fair for the property and finance sector in Switzerland.
Focus on forward-looking topics The trade fair offered a wide range of specialist topics along the entire value chain of the property industry. The focus was on current challenges and trends such as
The future of construction: innovative building concepts and sustainable architecture
The tenant of tomorrow: New demands and changing living concepts
Falling interest rates: effects on the property market and investment strategies
Sustainability: energy-efficient buildings and climate-friendly developments
The motto “Growth through creativity” was reflected in the numerous innovative solutions that were presented and discussed at the trade fair.
First-hand expert knowledge A highlight of the event was the IMMO Forum, which offered expertise and inspiration over two days with 35 panel discussions and 150 renowned experts. The debates were not only followed by trade fair visitors, but also by over 1,900 online viewers who followed the forum live.
Review and outlook The organisers MV Invest and Swiss Circle were delighted with the great success of the trade fair and thanked all exhibitors, visitors, speakers and partners for their support. IMMO25 has once again proven that it is a leading platform for the property industry, providing impetus and promoting exchange between investors, developers and experts.
The next edition of IMMO26 will take place for the first time on 14 and 15 January 2026 in Hall 550 in Zurich Oerlikon.
Epoxy resins are indispensable for numerous industrial applications, from adhesives to coatings and composites. While conventional two-component epoxy resins require precise mixing and fast processing, one-component epoxy resins offer simplified handling and consistent quality.
However, previous solutions had weaknesses. They could often only be stored at low temperatures and had insufficient flame-retardant properties. This limited their potential applications in safety-critical areas such as the construction, electronics and telecommunications industries.
Breakthrough from Korea A research team from the Korea Institute of Science and Technology in collaboration with Sungkyunkwan University has overcome these hurdles. Under the leadership of Dr Jaewoo Kim and Professor Chongmin Koo, they developed the “Epoxy/MXene One-Component Solution”, a combination of epoxy resin, a new type of latent hardener and the two-dimensional nanomaterial MXene.
This innovation enables a storage stability of over 180 days at 60 °C, a significant advance compared to previous products, which lose their properties within 40 days at room temperature of 25 °C.
MXene as the key to stability and safety MXene, a state-of-the-art nanomaterial, not only improves the thermal and mechanical resistance, but also makes a decisive contribution to the flame retardancy (V0 class) and electrical conductivity of the new epoxy resin. This opens up a wide range of applications in the high-performance industry, particularly for electromagnetic shielding materials, industrial coatings and adhesives.
Industrial applications and future potential The combination of extended durability, improved safety features and easy handling makes the new 1-component epoxy resin particularly attractive for industries with high demands on material stability and fire protection.
Possible areas of application
Electronics: Protective coatings for components and printed circuit boards
Construction industry: flame-retardant adhesives for safety applications
Telecommunications: high-performance materials for antennas and shielding housings
With this innovation, the South Korean research team could have a lasting impact on materials technology and set new standards for single-component epoxy resins.
Retaining walls, tunnels and bridges made of reinforced concrete characterise the Swiss cityscape and infrastructure. However, many of these structures are already several decades old – and chemical changes in the concrete affect the steel used. If the reinforcing steel begins to rust, the structure loses stability. The damage is particularly problematic in inaccessible places where conventional testing methods fail.
Electrochemical measurements as a new solution Until now, engineers have had to break open parts of the concrete to check for corrosion damage. A time-consuming and often inadequate procedure. Talpa has developed a new method that works via drainage pipes. A special probe is inserted into the pipe and uses electrochemical signals to measure the likelihood of corrosion in the surrounding reinforced concrete.
“This has never been done before,” explains Lukas Bircher, one of the developers. “Previously, you had to remove entire concrete surfaces to find damage and could still easily miss a critical area.” With the new technology, entire sections of wall can now be systematically tested without destruction or costly construction work.
Measurements during operation – without a construction site The method has already been successfully tested, including on a 200 metre-long retaining wall in Zurich-Höngg. The principle is a probe that is inserted into the drainage pipe and fixed in place with inflatable seals. The system then directs water into the measuring area, creating a conductive connection between the electrodes of the probe and the steel in the concrete. Based on the recorded electrical signals, the team can recognise whether and to what extent corrosion is present.
A new measurement is taken every 25 centimetres to record the condition of the entire section of wall. “This allows us to specifically identify those areas that actually pose a risk,” says Bircher. “This not only saves time, but also high costs for unnecessary interventions.”
50 years after the construction boom – the need for renovation is growing Many of the reinforced concrete structures affected today date from the boom period between 1960 and 1980. Retaining walls from the 1970s in particular often contain cavities that favour corrosion. Previously, damage had to be identified by means of time-consuming spot checks, with a high risk of overlooking critical areas. The new method offers a comprehensive and reliable analysis for the first time.
From research to start-up Talpa-Inspection The technology has such great potential that Bircher founds the start-up Talpa-Inspection together with two colleagues. The name “Talpa”, Latin for “mole”, symbolises the innovative way of making deeply hidden damage visible. Supported by an ETH Pioneer Fellowship, the team is further developing the technology and preparing to enter the market.
Future prospects, automation and scaling The measurement is currently still partly manual, but the team is already working on an automated version. The aim is to make the probe more robust and further accelerate the measurement process. Demand is high. In Switzerland alone, there are over 1,000 kilometres of potentially affected reinforced concrete structures.
“Our method offers a real opportunity to extend the service life of existing structures,” says Bircher. “We hope that it will soon establish itself as a standard procedure for structural diagnostics.”
Meyer Burger is facing major challenges and is focusing on a comprehensive restructuring programme. As part of these measures, the company has sold its wholly owned subsidiary Pasan SA, based in Neuchâtel. The transaction was completed on 27 January 2025.
No details on buyer and purchase price The company did not disclose any information about the buyer or the financial details. It merely confirmed that the sale is part of the ongoing reorganisation measures.
A pioneer in solar measurement technology Pasan specialises in high-precision measurement technology used in the production of solar cells and modules. The company was founded over 40 years ago and is one of the market leaders in this field. Around 30 employees and trainees are employed in Switzerland. The company also has a service team in Shanghai that looks after international customers.
Looking to the future With the sale of Pasan, Meyer Burger is continuing to focus on its core strategy. The industry is watching with interest to see what further measures the company will take as part of its reorganisation.
At Suurstoffi in Rotkreuz, the SIPC offers an inspiring environment that promotes dialogue and collaboration between over 120 partners from business, science and society. A vibrant innovation ecosystem is created here that efficiently translates new ideas into marketable solutions in the construction sector.
Diverse formats to promote innovation In order to drive innovation, the SIPC works in five thematically focussed Future Labs, which specifically address current challenges such as the transformation to a circular economy in construction or new processing models in construction or new processing models. These labs are hybrid working environments with structured processes and formats that promote collaborative innovation. A variety of event and workshop formats as well as the digital community platform Jointcreate – a kind of “LinkedIn for innovation” – provide inspiration, empower participants and support the innovation process. The focus is always on implementation to achieve real impact. Financing and start-up advice as well as office and project space are available for this purpose. The SIPC also manages various programmes, such as the Circular Building Charter, an association of major real estate investors who are increasingly focusing on circular procurement and construction methods. The SIPC imparts knowledge in regular experience workshops. The open sharing of experiences in pioneering projects promotes dialogue within the industry.
A contribution to the construction industry of tomorrow With its clear values – openness, fairness and professionalism – the SIPC makes a decisive contribution to the transformation of the construction industry. As a non-profit organisation, it pursues the motto “Building Excellence” and invites all interested parties to become part of this movement. Switzerland Innovation Park Central shows how innovation in the construction industry can promote not only technological progress but also social responsibility. By combining vision and practice, the SIPC is shaping a sustainable future and is an indispensable partner for anyone who wants to contribute to the construction industry of tomorrow.
Sika is expanding its global presence with new production facilities in Singapore and China. The new plant in Singapore specialises in mortar production. In contrast, the entire product range, including tile adhesives, cementitious waterproofing and floor coatings, will be manufactured in Xi’an in north-west China. The new factories should significantly reduce transport distances.
“The expansion of our production capacities in Singapore and China is an important step in our growth strategy in Asia,” said Philippe Jost, Regional Head Asia/Pacific, in a press release. “Thanks to the new plants, we can serve our customers in these two key markets even better with our innovative solutions. In addition, both factories contribute to Sika’s sustainability performance by utilising energy-efficient processes and environmentally friendly materials.”
According to Sika, Singapore’s construction industry is expected to grow by 4.1 per cent annually until 2028. A government masterplan for infrastructure development envisages around 22.5 billion Swiss francs for the construction of railway stations and important transport corridors.
The new plant in Xi’an is Sika’s 35th in China. The construction industry in the country is expected to be worth the equivalent of 4.3 trillion Swiss francs in 2025 and grow by 3.9 per cent annually until 2028. China has reportedly budgeted half a trillion Swiss francs for infrastructure projects and more ambitious quality targets in the construction industry, and a further 12 trillion francs for the net-zero target by 2060.
The Hälg Group, based in the St.GallenBodenseeArea, is taking over Löwen Bau- und Betriebs AG from Lucerne, which specialises in facility management, according to a press release. The Lucerne-based company’s existing customers include five shopping centres, several multi-storey car parks and 100 flats. The portfolio also includes restaurants and fitness centres.
The company will continue to operate under its own name for the first six months. On 1 July 2025, it will be integrated into Hälg Facility Management AG and the previous company name will be discontinued. The current Managing Director of Löwen Bau, Markus Belser, will continue to manage the company. Furthermore, all employees will continue to be employed.
“I am delighted to be placing my company in the hands of a successful family business. With Hälg Facility Management AG as part of the Hälg Group, we share common values and a long-term strategic orientation. This offers our employees a secure future and creates the basis for positive further development,” Markus Belser is quoted as saying in the press release. The Hälg Group is convinced that the takeover will strengthen its market position in Central Switzerland.
The building materials producer Holcim, headquartered in Zug, will fully spin off its subsidiary in the United States and list it on the New York Stock Exchange as Holcim United States. According to a press release, Jan Jenisch has been appointed President and CEO designate of the planned company. Jenisch is currently Chairman of the Board of Directors of Holcim and will lead the planned IPO in New York. He was CEO of Holcim from 2017 to 2024 and will serve as Chairman of the Board of Directors until Holcim’s Annual General Meeting on 14 May. According to a further press release, Kim Fausing has been proposed as his successor. The Dane has been a member of the Board of Directors since 2020 and President and CEO of the Danish Danfoss Group since 2017.
In view of the planned stock market listing of the North American business, Holcim has also appointed the future members of the Board of Directors. The Board of Directors will consist of ten members and will come into effect following the completion of the planned spin-off at the end of the first half of 2025, subject to shareholder approval and customary approvals, the company said in a statement. “Today we reach an important milestone on the way to listing Holcim’s North American business as an independent company,” Jan Jenisch is quoted as saying.
In addition to Jenisch, the Holcim Board of Directors has also appointed nine independent members to the Board of Directors of the American company: Theresa Drew, Nicholas Gangestad, Dwight Gibson, Holli Ladhani, Michael E. McKelvy, Jürg Oleas, Robert S. Rivkin, Katja Roth Pellanda and Cristina A. Wilbur. The future members are highly experienced executives with in-depth expertise in key sectors such as construction, manufacturing, industrial operations and financial services, according to the Holcim press release.
VentoStream is currently finalising the beta version of the first upscaled prototype of its novel wind turbines and is planning a test phase for this year. Founded in 2023, the company has developed a technology based on almost twelve years of development. VentoStream describes its turbines as an “innovative product for producing electricity from wind without side effects”.
According to the company, VentoStream turbines eliminate many of the disadvantages of conventional propeller wind turbines: they are smaller and lighter, making them easier to transport and install. They also have much less impact on the landscape and are quiet. “They therefore invalidate practically all the reasons for objections to wind farms,” says VentoStream. In addition, they are mainly made of recyclable aluminium and copper. In contrast, the blades of conventional wind turbines are not recyclable.
VentoStream technology is based on classical fluid mechanics, aerodynamics and modern turbine technology. It consists of different system units which, in combination, are designed to generate considerably more power than conventional propeller wind turbines. VentoStream names companies that want to generate their own electricity, power stations, the public sector, mountain railways and piste operators, railways and solar companies as potential users.
The two-stage test phase is set to begin in summer 2025. According to the company, the first tests will be carried out at a site in the Basel region. The aim is to optimise functionality and validate the performance curve. “In the second stage,” says CEO Manuel Bernsau, “we would like to test the wind turbine at a high alpine location.”
Sika set a new sales record in the 2024 financial year. At 11.76 billion Swiss francs, the record result of 2023 was exceeded by 4.7 percent, the global speciality chemicals company for construction and industry announced in a press release. Increased synergies from the integration of the construction chemicals business MBCC acquired in 2022 and local acquisitions of Kwik Bond in the USA, Vinaldom in the Dominican Republic and Chema in Peru contributed to the sales growth. Organic sales growth amounted to 1.1 per cent.
In addition to the acquisitions, all regions contributed to the record sales. At 11.2 per cent in local currencies, sales growth was strongest in the Americas region. In the EMEA and Asia/Pacific regions, growth rates of 7.3 and 2.4 percent respectively were realised in local currencies.
“Over the past twelve months, Sika has successfully held its own in a market environment that remains very challenging and achieved a new sales record,” said Thomas Hasler, CEO, in the press release. “Our growth initiatives, our powerful and sustainable innovations and our consistent sales strategy for further market penetration are successful and impressively demonstrate that we are gaining further market share.” Sika will communicate its full Annual Report 2024 on 21 February. The Group expects operating profit at EBITDA level to increase at a faster rate than sales.
The vacancy rate for office space in Switzerland has increased further in 2024, Jones Lang LaSalle(JLL) reports in a press release on its new office market study. In it, the commercial property and investment management company examined developments in the largest office markets. In the five largest office markets of Zurich, Geneva, Bern, Basel and Lausanne, the supply of available office space increased by 9 percent year-on-year to 995,500 square metres at the end of 2024.
Construction activity for office space is expected to have bottomed out at 57,000 square metres in the reporting year, according to the press release. After peaking at around 343,000 square metres in 2020, newly constructed office space had steadily declined in the following years. JLL expects construction activity to increase again in the current and next two years.
Overall, demand for space remains intact, writes JLL. The company has observed high demand for modern, flexibly usable space with good transport connections. Space in older buildings without a railway station within walking distance, on the other hand, is more difficult to let.
JLL expects the market for office space to pick up momentum in the future. “Many market players are confident about the coming months and want to utilise the improved investment environment for transactions,” Jan Eckert is quoted as saying in the press release. According to the CEO Switzerland & Capital Markets Lead DACH at JLL, this trend can be seen in both the quantity and quality of incoming bids. “The short-term prospects are more favourable than they have been for three years.”
With the integration of REMMS, the company is taking sustainability analysis in the property sector to a new level. REMMS (Real Estate Meta-rating and Monitoring on Sustainability) enables a comprehensive assessment of properties with regard to economic, ecological and social criteria. Users of the solutions can easily analyse properties and create benchmark comparisons, taking into account relevant standards such as AMAS, ASIP, CRREM, GRI, ICMA, SBA and SFDR.
Seamless integration for maximum efficiency The central aim of the integration is user-friendliness. Asset and portfolio managers can use the REMMS platform without additional registration or signing a contract. The sustainability monitoring module in the software suite makes it possible to analyse property portfolios anonymously and with data support. Martin Schnider, Managing Director of reamis, emphasises: “Our solution supports customers in efficiently achieving sustainability goals and fulfilling regulatory ESG requirements.”
A step towards a sustainable property industry The REMMS integration is not only an extension of the digital solutions, but also a contribution to the sustainable transformation of the property industry. The data-driven platform provides portfolio managers with precise analyses that facilitate strategic decisions.
Over the years, more and more companies from the same industries have settled here, resulting in the formation of various industry clusters, as they are known. This also includes education, research and various platforms such as the Innovation Park or associations, in which a lively exchange takes place. The large number of companies, service providers, suppliers and private institutions provide mutual support and promote a service-orientated and efficient administration. The local companies also benefit from the high educational standards and excellent infrastructure.
Blockchain, fintech and IT Zug has developed into a global hotspot for blockchain, fintech and IT. Here, innovations unfold in a symbiotic ecosystem where pioneering technologies meet and create a wealth of limitless opportunities. Zug has earned recognition for its transparent regulations, crypto-friendly banks and administrations, a dynamic labour market for cryptocurrencies and a varied calendar of events. Due to its proximity to the Zurich region, Zug is developing an attractive ecosystem for around 600 crypto companies in the “Crypto Valley” and is the birthplace of Ethereum. This environment is favoured by a positive regulatory framework, attractive taxes, incubators such as CV VC and a large number of fintech companies. The Canton of Zug supports research in this area financially by contributing almost CHF 40 million to the blockchain research initiative of the University of Applied Sciences and Arts Lucerne and the University of Lucerne.
Zug’s “Fintech Cluster” embodies a centre of innovation in the field of financial technology. Within the “Crypto Valley”, this cluster acts as a dynamic meeting place for fintech companies, start-ups and financial institutions. Zug is also home to the National Test Centre for Cybersecurity (NTC) as well as various labs and research centres in the fields of blockchain, AI, ML and robotics at HSLU, located in Rotkreuz.
Life sciences (pharma/biotech and medtech) The canton of Zug is a leading location for life sciences with around 300 companies and 9,000 employees. In addition to the strong focus on commercial functions, the medical and clinical areas are also growing. The regional innovative strength is reinforced by other leading clusters in deep tech, AI and ICT, which creates innovative synergies.
Pharma/biotech Zug attracts numerous international pharmaceutical and biotech companies, including Biogen, Amgen, Astra Zeneca and Johnson & Johnson. In addition, around 60 US biotech companies have chosen Zug as their European headquarters in recent years. The high density of pharmaceutical and biotech companies in the canton of Zug and the large number of service providers specialising in life sciences create an advantageous business environment.
Medtech In the medical technology sector, more than 100 companies specialising in diagnostics and medical production are represented with production sites and global headquarters. Representative examples of global headquarters are Roche Diagnostics, Medela, SHL Medical, Schiller and Johnson & Johnson Medtech with important global functions at their international campus in Zug.
Zug also offers up-and-coming medtech start-ups such as Deep Breath Intelligence, Heart Force and Sedimentum optimal conditions for growth and innovation.
New SHL Medical AG building
The 5,000 m² office and 10,500 m² production building for the tenant SHL Medical AG is being built on the Tech Cluster Zug site. The compact design, the reduction in materials and the innovative hybrid construction of wood, steel and concrete promote resource-saving, efficient construction. Visible wood on the inside and a protective aluminium layer on the outside reflect the high quality standards. A 20% reduction in CO2 emissions is made possible by on-site concrete production using Jura Eco cement.
SHL’s energy supply is designed as part of the site-wide multi-energy hub. The energy supply is supplemented by lake water cooling and large-scale PV systems on roofs and façades. The surplus heat and energy is recovered for further use in the hub.
New Roche production building
Roche is investing 215 million in a new 29,000 m² diagnostics production building in Rotkreuz, which will be completed by 2027. The flexible design will allow the building to be adapted to future production needs, thereby increasing long-term efficiency. Sustainability is a top priority: a fossil-free energy supply, water circulation systems and resource-saving construction methods are planned. The surrounding area will be designed to be close to nature, with wet meadows, a fen and a roof garden at a height of 23 metres to promote biodiversity.
Tech industry The tech industry is one of the largest employment sectors in Switzerland. With around 14,000 employees and 750 companies, this sector is also important for the canton of Zug. The focus of the high-tech cluster in Zug is on the development, design and manufacture of electronic products and services. Digitalisation, the Internet of Things (IoT), robotics and artificial intelligence (AI) also play important roles.
Zug stands out as one of the most dynamically expanding technology centres in Europe. The canton of Zug is home to numerous notable SMEs and start-ups specialising in cutting-edge and pioneering technologies. Their influence extends across various industries as they develop ground-breaking solutions based on emerging technologies. Access to various research and networking institutions such as the University of Applied Sciences (HSLU), the Innovation Park Central Switzerland and the Technology Forum Zug create the ideal framework for innovative, technology-driven companies.
Siemens Campus
The 81,000 m2 Siemens Campus Zug is a showcase project for digitalisation and sustainability and demonstrates how modern products and solutions can accelerate the digital transformation. It sets technological standards in every respect and shows how buildings and infrastructures can be developed from static, inactive objects into responsive and reactive objects. The campus combines everything a community needs: Fire protection, access and intrusion control, CCTV, CO detection, extinguishing, voice-controlled evacuation, room automation and much more.
Financial service providers Around 2,000 companies form a dynamic environment for financial services in the canton of Zug. Hundreds of companies from the fields of asset management, family offices and hedge funds are based in the canton of Zug.
In the private equity/venture capital sector, for example, Partners Group, Capital Dynamics, HBM Healthcare Investments, CAPVIS and Invision should be mentioned. Leading Swiss financial institutions and platforms are also based here, including the Institute of Financial Services Zug IFZ, the Swiss Private Equity and Corporate Finance Association SECA, the Swiss CFO Forum and the VQF, the leading self-regulatory organisation in the non-banking sector.
New Partners Group Campus
Partners Group, Switzerland
Partners Group’s new global headquarters consists of three buildings: the “Green Building”, an elongated, elliptical structure whose variously curved, terraced layers provide a richly planted, forward-looking counter-accent to the two brick buildings, which are modelled on historic factory buildings and evoke the past. This is Partners Group’s way of emphasising its focus as a company builder.
The building not only impresses with its architecture, but also with its high-quality infrastructure, including an in-house gym, canteen, daycare centre and car park.
Consumer goods The canton of Zug is also home to over 1,700 consumer goods companies with around 14,000 employees, which account for around a third of GDP. Zug is home to international and regional headquarters of leading brands in the areas of food and beverages (e.g. Anheuser-Busch InBev, Burger King, Coca Cola HBC), personal care (e.g. Galderma, Kenvue), textiles (e.g. Odlo, Hugo Boss) and sporting goods (e.g. Specialized). The automotive supply sector and the wholesale of raw materials and pharmaceutical products also play an important role.
Commodities trading Zug is a leading global trading centre for commodities, particularly in the areas of metals, (renewable) energy and agricultural commodities, with over 200 companies (e.g. Glencore, Shell) and specialised professionals. Key areas include headquarters, trading, supply chain, production, processing and marketing.
Headquarters, Supply Chain Management & Procurement In recent decades, Switzerland has developed into a leading location for international headquarters with over 1,000 companies. The canton of Zug has the highest density of headquarters with globally leading industry clusters.
A special centre for companies in the supply chain & procurement sector has developed here.
Centralisation enables cost-effective procurement and efficient management of production resources along the entire value chain. Large multinational companies such as Bossard, Glencore, Johnson & Johnson and V-Zug have located global supply chain and procurement functions here.
The canton of Aargau has applied for renewed membership of the GZA. According to the cantonal state chancellery in a press release, rejoining the regional marketing organisation would offer the best effect in terms of presenting Aargau as a business location abroad at the lowest risk. The alternatives considered were the establishment of an own presence abroad and the expansion of existing marketing activities.
The canton of Aargau was already a member of the GZA from 2007 to 2010 as part of a trial membership. However, the membership was not extended as the regional location promotion “focused on tax-optimising companies at the time”, “for which the canton of Aargau was of no interest”, according to the press release. However, the GZA is now “focussing on innovative sectors that are already strongly represented in the canton of Aargau”. The canton of Aargau hopes to attract new companies from sectors such as life sciences, energy technology, mechanical engineering and digital technologies by rejoining the GZA.
“We don’t want growth at any price, but rather to attract companies with high added value, good jobs and innovative products,” said Dieter Egli, Mayor of the Canton of Aargau, in the press release. “For this to succeed, we must be able to address companies directly in the foreign target markets.” To this end, the GZA aims to publicise Aargau as a business location abroad and find companies interested in setting up in Switzerland. The Canton of Aargau’s location promotion organisation will then suggest specific potential locations and clarify further questions.
Swiss Estates AG, based in Freienbach, has sold several properties on Badenerstrasse in Zurich to a private limited company with effect from the end of 2024, the real estate company announced in a press release. A profit was realised from the sale of the properties, which were acquired in 2007 and have been continuously developed since then, reducing Swiss Estates’ liabilities by around CHF 30 million. At the same time, the company’s liquidity has been “significantly strengthened”, writes Swiss Estates.
The real estate company intends to use the profit realised in the annual financial statements as a result of the transaction to pay out a dividend. Its exact amount currently depends on the calculation of the property gains tax by the City of Zurich’s tax office. Swiss Estate expects a profit of several million francs for the 2024 annual financial statements.
One of the reasons given by the real estate company for the sale of the properties at Badenerstrasse 288 – 296 is that the value appreciation cycle of the properties has essentially come to an end. In addition, Swiss Estate intends to concentrate on properties with purely residential use in future. The company is currently negotiating the acquisition of five new properties.
(CONNECT) Dorfstrom AG, based in Buttisholz, commenced operations on 1 January 2025. According to a press release, the company was entered in the commercial register on 3 December 2024. The new company aims to provide impetus for the local energy supply in Buttisholz and other municipalities, according to the press release.
A dedicated website, which was launched at the start of business operations, provides information about the project and the planned cooperation between local energy producers and a platform for collaboration. “The website is a central point of contact for informing people in Buttisholz and beyond about our goals and offers,” said Oscar Küng, Chairman of the Board of Directors of Dorfstrom AG.
With the entry in the commercial register, Dorfstrom AG has reached an important milestone in rethinking the local electricity supply and actively driving forward the energy transition in Buttisholz, according to Dorfstrom AG. The company is focussing on the promotion of virtual mergers for self-consumption (vZEV) and the development of local electricity communities (LEGs). The aim is to utilise locally produced electricity directly in the respective municipality. This strengthens local value creation and reduces dependence on large energy suppliers.
Dorfstrom AG organises local electricity trading to ensure efficient distribution and brings producers and consumers together. It wants to plan, build and operate renewable energy plants, from solar plants and biogas plants to local wind power projects. The electricity is also to be stored in order to compensate for fluctuations and ensure security of supply. Dorfstrom AG aims to support local energy projects through investments and partnerships.
L’obiettivo della nuova società è quello di sviluppare e gestire soluzioni di riscaldamento integrate innovative e rispettose del clima nei cantoni della Svizzera orientale di Thurgau, San Gallo, Appenzello Interno e Appenzello Esterno, nonché nelle regioni limitrofe. In qualità di fornitore di servizi energetici sovraregionali, WNO sostiene i Comuni e i clienti privati e aziendali nel passaggio a una fornitura di calore sostenibile, secondo il comunicato stampa. Le rispettive comunità locali e le aziende regionali sono coinvolte nello sviluppo e nel funzionamento delle reti di riscaldamento.
“La fondazione di WNO è un passo decisivo verso una fornitura di calore rispettosa del clima nella Svizzera orientale. Insieme, stiamo portando avanti la transizione energetica, rafforzando la nostra regione e utilizzando tecnologie innovative”, ha dichiarato Marco Huwiler, membro del Consiglio di Amministrazione di WNO e Amministratore Delegato di Technische Betriebe Wil.
Secondo il comunicato stampa, l’attenzione fino alla metà del 2025 si concentrerà sulla costituzione dell’azienda, ossia sulla creazione del personale, sullo sviluppo delle basi aziendali e delle soluzioni di finanziamento, nonché sui colloqui con i comuni e i potenziali azionisti. Lo sviluppo del primo progetto in un comune dovrebbe iniziare a metà del prossimo anno.
Il settore del riscaldamento rappresenta circa il 50% del consumo energetico in Svizzera e causa oltre il 35% delle emissioni di gas serra, prosegue il comunicato stampa. WNO vuole sostituire i combustibili fossili con soluzioni di riscaldamento rinnovabili.
Hälg Facility Management AG will also have a presence in St.Gallen from the new year. The Zurich-based company, which was founded in 2000, is thus expanding its network to eastern Switzerland. It already has branches in Zurich, Bern, Münchenstein BL and Rotkreuz ZG. The company is part of Hälg Holding AG, based in St.Gallen. With 1144 employees at 27 locations in Switzerland, the group is active in building technology and property management.
Markus Haldimann, the long-standing Managing Director of Hälg Facility Management AG, will take over the strategic management of the new branch, according to a company press release. Daniel Weber will be responsible for operational management as site manager. After training as a polymechanic, Weber completed a degree in facility management and continued his training in new energies. He will be responsible for providing services on site and further developing the St.Gallen team.
“The expansion of our range of services here in St.Gallen not only strengthens our regional presence, it also offers our customers real added value,” Marcel Baumer, co-owner of the Hälg Group, is quoted as saying. “In addition to services in the area of building technology, we can now also offer our high service quality and expertise in the area of facility management.”
Since October 2023, the Unterfeld energy centre has been supplying several Zug neighbourhoods and parts of Baar Süd with climate-friendly heating and cooling in stages. Thanks to the use of lake water as the main energy source, the plant meets the growing demand for environmentally friendly energy. With its modern technology, the centre demonstrates how the heating and electricity sectors can be intelligently linked. This model shows the future of energy supply and reduces the need for individual heating and cooling systems through centralised generation.
Sector coupling as the key to the energy transition Sector coupling links the energy sectors of electricity, heat and transport, thereby contributing to the stability of the electricity grid. At the Unterfeld centre, technologies such as “Power-to-X” are used to efficiently convert surplus electricity and reduce the load on the power grid. This innovative approach plays a key role in decarbonisation and makes an important contribution to achieving climate targets. The proximity to the Herti substation also creates optimal conditions for combined heat and power generation and the utilisation of renewable energy sources.
Efficient and space-saving solution for the region The Circulago energy network offers a space-saving solution for energy supply in Zug, where space is scarce and expensive. The centralised generation and distribution of heating and cooling eliminates the need for individual heating systems and increases the efficiency of energy distribution between the city of Zug and Baar South. The network not only significantly reduces CO2 emissions, but also ensures stable prices and economic planning security in the long term – a decisive advantage for investments in new buildings or when replacing existing heating systems.
Long-term benefits for buildings and industry Circulago enables buildings and industrial plants to be connected to a district heating system that provides a reliable and low-emission source of energy. By combining modern storage technologies with renewable energies, the network increases overall energy efficiency. In addition, the centralised heat supply relieves buildings of the investment and reinvestment costs that would be incurred with individual heating solutions. With these advantages, Circulago is creating a strong basis for the economic future and sustainable energy supply in the region.
Colliers Switzerland has leased 1530 square metres of office space on the fifth floor of Konnex Baden to the Harting Technology Group. According to a press release, the new global headquarters of the provider of industrial connection technology is to be built there and will start operations in October 2025.
Harting has its headquarters in Eskelkamp in North Rhine-Westphalia and its Swiss headquarters in Volketswil ZH. Harting connection technology is used in the transmission of data and electricity in areas such as transport, electromobility, renewable energy generation, automation and mechanical engineering, according to the press release. From the new central office, top managers with supra-regional operations will take over the global management of the company. Harting’s decision to move to Konnex was influenced by the high sustainability standards at Konnex, among other factors.
An innovative city-within-a-city concept is to be realised in Konnex, with a range of services and amenities, including restaurants, shops for everyday needs, fitness, childcare and co-working. The Konnex building is located in the city centre, just a five-minute walk from Baden railway station and 20 minutes from Zurich.
Colliers Switzerland, based in Zollikon, previously traded as SPGI Zurich AG. The property management company is a subsidiary of the Intercity Group.
The Smart City Hub Switzerland association has presented its Smart City Hub Awards for innovative approaches to intelligent and sustainable urban solutions for the first time. Seven projects were nominated from a total of 20 submissions, the association, which is made up of representatives from cities and federal service providers, announced in a press release. Of these seven nominees, the Smart Appenzellerland, Generative AI Assistance for Winterthur and Zuri Accessible CiTy (ZuriACT) projects have now been honoured in the Newcomer, Innovation and Smart Citizen Services categories.
The organisation Verein Smartes Appenzellerland(VSAL) was the winner in the Newcomer category. Its project promotes digital transformation in Appenzellerland. The press release emphasised the development of a platform for the Internet of Things and educational initiatives in mathematics, IT, science and technology.
The prize in the Innovation category went to the city of Winterthur. In the Generative AI Assistance project, it is testing the use of artificial intelligence in practical applications that are accompanied by training and ethical reflection.
TheCity and University of Zurich were honoured with the award for Citizen Services. Their Zuri Accessible CiTy (ZüriACT) project aims to improve accessibility in Zurich using digital tools and better data. Innovative technologies are used to simplify accessibility data in collaboration with those affected.
From 1 January, the Arbonia Group will once again be led by a CEO who is not also a member of the Board of Directors. As announced by the company, the Board of Directors has appointed Claudius Moor as CEO. Born in Switzerland in 1983, he has worked for Arbonia since 2015 and has been CEO of the Doors Division since 2020. Previously, he was Head of Group Strategy and Corporate Development at the Arbon-based building supplier.
Alexander von Witzleben will remain Chairman of the Board of Directors “until further notice”. Born in Germany in 1963, he has chaired the Board of Directors since 2015, was also Delegate of the Board of Directors and CEO ad interim until 2022 and has been Executive Chairman of the Board of Directors since then.
“We are very pleased to welcome Claudius Moor in his new role as CEO of Arbonia”, Alexander von Witzleben is quoted as saying in the press release. “With his extensive knowledge of the industry, his commitment and his great passion for the door business, he has everything it takes to lead Arbonia into a positive future.”
EPFL and the French-speaking Swiss gas supplier Gaznat have signed a framework agreement to expand their collaboration, according to a press release. This provides for three calls for tenders for research and development projects that can make a significant contribution to a clean gas supply. The first call is scheduled for early 2025.
The winning projects will be selected by a scientific advisory board consisting of four representatives from both sides. These include Gaznat CEO Gilles Verdan, Wendy Lee Queen and Yasmine Calisesi from the EPFL Energy Centre and EPFL Vice President Edouard Bugnion. A programme manager will coordinate the tenders and support the selected projects.
EPFL and Gaznat have already jointly financed 17 projects in three calls for proposals. Gaznat opened its innovation lab in Aigle in 2023.
Gaznat, based in Lausanne, procures and transports gas for partner companies in western Switzerland. The company aims to make its supply climate-neutral by 2050. “Thanks to our research and development collaboration with EPFL, we are getting closer to our goal of climate neutrality and can decarbonise our industry,” Gaznat Chairman of the Board of Directors René Bautz and CEO Gilles Verdan are quoted as saying in the press release.
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