More Multinationals Move to Geneva

Posted on 15 March 2007 by Brucellus

Geneva is already headquarters to a large number of multinational corporations and therefore an ideal place to begin one’s search for employment in Switzerland.

Two new additions this week to the corporate landscape of Geneva are Essent (Dutch) which will set up offices in Rive and Yahoo, which is moving into an office building at Plan-les-Ouates. Between the two companies, this is expected to add about 400 new jobs in Geneva.

Essent, which is active in energy trading and windmill technology, will be in operation from April, at 12-14, Glacis-de-Rive. Els Martijn, who is leading the operation to set up the offices suggested that the company would be recruiting about 30 people. Sector analysts, however, say that while they may start with a recruitment of a few dozen people, they will end up needing from 100 – 250 by the end of 2007.

Yahoo will be moving into vast offices in a hosting center in Plan-les-Ouates. Alex Laity, spokesman for Yahoo Europe, said “our European financial center will continue to be in Ireland. But we have rapid growth in Europe and we are constantly looking to augment our infrastructures.” He added that there were numerous arguments for choosing Switzerland, which has a pole position in the European fiber optic network. Yahoo is expected to initially recruit from 100-200 people.

Plan-les-Ouates, an industrial suburb of Geneva, is already home to many large companies like Rolex, Merck-Serono, L’OREAL, Patek-Philippe, Siemens, Kudelski, Piaget, and Vacheron Constantin.

Other favorite areas for multinationals are the region between Geneva and Lausanne, The greater Basel area (the pharmaceutical industry), Zurich (everything else), and Zug (mainly for trading and financial services). Nestle’s lakeside headquarters towers over the small village of Vevey, between Lausanne and Montreux.

Google set up shop a while ago in Switzerland. Their offices are in Zurich and Google is actively hiring (now) for many sorts of engineering jobs (just ‘google’ “google zurich jobs” to find them). Google has its European Engineering Center in Zurich, which opened in 2004. They are constantly recruiting software engineers, programmers, and computer types from across Europe. The Center works on distributed systems, information retrieval, algorithms, UI, search features, and scalability issues.

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