Greater Zurich Area AG - Switzerland ranks additional in the Global Competitiveness 2007 Report, called a lot of aggressive abridgement in Europe

Zürich/Switzerland, October 31, 2007 – Switzerland has been ranked an accomplished additional in the World Economic Forum’s Global Competitiveness Report 2007-2008, the Greater Zurich Area AG appear today. The Greater Zurich Area, Switzerland’s bread-and-butter amount region, has circumscribed its continuing as one of the best business locations in the world. Once again, Switzerland has out-competed its abutting allusive European economies from Denmark, Sweden, Germany, Finland, UK, and the Netherlands as runner-ups. Only the United States managed to beat Switzerland’s competitiveness in the redesigned WEF report.

In accession to additional abode in the all-embracing ranking, Switzerland excelled in the categories activity bazaar efficiency, abstruse readiness, innovation, and business sophistication. When demography into anniversary the redesign of the WEF report’s methodology, Switzerland bigger bigger from fourth abode in 2005/6 to additional in this year’s ranking.

“This aftereffect is decidedly affable for the Greater Zurich Area, the affection and active force of the Swiss economy”, said Sonja Wollkopf, COO of the Greater Zurich Area AG. “The top baronial reflects abounding of the region’s strengths, but it aswell highlights the efforts the Greater Zurich Area has fabricated to added addition its aggressive advantage in contempo years.”

The World Economic Forum’s Global Competitiveness Report aims at a absolute appraisal of a civic economy’s competitiveness in an added circuitous all-around business context. It mirrors the answers from over 11,000 business leaders in 131 economies common to a check survey. The analysis is advised to abduction a ample ambit of factors affecting an economy’s business altitude that are analytical determinants of abiding bread-and-butter growth.

Global Competitiveness Report 2007-2008: www.gcr.weforum.org

For added advice amuse contact:
Marc Neumann, Media Relations, Greater Zurich Area, New York
Phone: +1 917 330 9476, marc.neumann@greaterzuricharea.ch

Marion Graber, Corporate Communications, Greater Zurich Area AG, Zürich
Tel: +41 44 254 59 07, marion.graber@greaterzuricharea.ch

About the Greater Zurich Area AG
The Greater Zurich Area AG, a nonprofit organization, is the business affiliation for the Greater Zurich Area business region. It recruits all-embracing companies abroad and assists them with ambience up companies and authoritative investments in the Greater Zurich Area. Its sponsor is the “Stiftung Greater Zurich Area Standortmarketing,” a public-private affiliation that was accustomed in November 1998. Since that time, its associates has developed to cover the cantons of Aargau, Glarus, Graubünden, Schaffhausen, Schwyz, Solothurn and Zürich, the cities of Zürich and Winterthur, and several businesses.
www.greaterzuricharea.ch