Due to the high standards in terms of quality, precision, safety and reliability, the sector remains internationally competitive despite the strong Swiss franc. Almost 80% of products are exported, almost 60% of which go into the EU. Globally, Switzerland therefore occupies second place for exporting of machines per capita. One of the reasons for the success of this industry is the above-average high capacity for innovation: the companies are accustomed to having their products, technology and processes being continuously improved via means of significant investments in research and development.
Mechanical, electrical and metal industry (MEM)
With over 320,000 employees, the Swiss mechanical, electrical and metal industry (MEM) is the largest industrial employer in Switzerland.