LEADING SECTORS

The key competences of Ticino’s marketplace

Ticino’s marketplace

The local economy is well balanced among different segments, namely the service sector, which is the driving force with Lugano being Switzerland’s third largest financial centre, and a highly competitive industrial sector, especially in the electromechanical and the pharmaceutical chemicals industries.

Tourism, for its part, is an important sector of the Canton’s economy with over 2.2 million overnight stays each year.

Leading sectors

FINANCE

Ticino’s financial market, born in 1833, has behind it a solid, long-standing financial tradition and an extensive network of insurance companies and consultancy firms, which make Lugano Switzerland’s third largest financial centre.

LIFE SCIENCES

The 240 companies that make up Ticino’s chemical and pharmaceutical sector carry out a broad range of different activities covering the entire production process of a pharmaceutical product.

Key Players: Istituto per la Ricerca in Biomedicina di Bellinzona, Cardiocentro Ticino, Istituto di Ricerca in Oncologia, l’Istituto Svizzero per la Medicina Rigenerativa.

MECHANICS AND ELECTRONICS

230 companies are active in this area, which is the Canton’s largest industrial sector. Production is very diverse and includes different manufacturing sectors, namely components, electrical and mechanical equipment and devices, precision mechanics as well as measuring instruments and, not least, watchmaking.

ICT

The information and communication technologies sector (ICT) is one of the most dynamic sectors and one with highest growth potential.

Key Players: Centro Svizzero di Calcolo Scientifico, Facoltà di informatica dell’Università della Svizzera Italiana, Istituto Dalle Molle per l’Intelligenza Artificiale.

FASHION

What was to become the Swiss Fashion Valley first took shape in the nineteen-eighties and currently boasts important international fashion brands which have in Ticino their R & D, production, business, logistics centres and headquarters.

Key Players: Ermenegildo Zegna, Hugo Boss, Gucci, Guess, The North Face, Abercrombie & Fitch, Michael Kors, Philipp Plein.

As well as the strength of its different leading sectors, Ticino offers favourable conditions for the organisations of MICE events (i.e. Meetings, Incentives, Conventions and Exhibitions). If you are still not convinced, find out why Ticino is the right choice for you.