Vaud: Economy
Vaud is an open and dynamic canton, strategically located across the main lines of communication between Switzerland and the rest of Europe. It has an extremely diverse economy, with a highly qualified workforce and a very competitive financial services sector.
For all these reasons, many corporate headquarters and hi-tech enterprises have chosen to locate in the Canton of Vaud.
Economy of the region
The Canton of Vaud is home to the head offices of many Swiss and foreign organizations:
- Nestlé
- Logitech Europe SA
- Yahoo! Sarl
- International Olympic Committee
The region's economy is soundly based on staple industries such as:
Biotechnology and life sciencesThe Canton of Vaud is home to around 70 companies employing more than 2000 people in the life science sector.
Micro and nanotechnologyMore than 150 microtechnology firms are established in the Canton. They generate an annual turnover of around CHF 3 billion.
ICTIn the software sector, more than 80% of companies offer consultancy and development; the others are engaged in distribution.
Environmental and energy-related technologiesSwitzerland's research companies and institutions are leaders in the development of environmental technology.





