List of the 3 biggest trading companies from Zug (Canton)

List of the 3 biggest trading companies from Zug (Canton)

The trade sector is more diversified than almost any other, starting with wholesale and retail and including sectors such as pharmaceutical trade, food trade and many more. Such central sectors are of course also of indispensable importance for Switzerland. This article presents 3 trading companies based in Zug (Canton).

  • Contains the 150 top-selling trading companies from Switzerland from numerous segments such as Retail (food retail, fashion retail, DIY, etc.) and wholesale (pharmaceutical wholesale, building materials, food wholesale, etc.)
  • Excellent level of detail: industry and area of activity, sales if publicly available, number of employees if publicly available, general contact details, names of management, etc.
  • Free preview available on request via contact [at] or live chat.

Place 1: Glencore International AG, Baar: $142.3 billion in sales

Glencore International is one of the world’s largest commodity traders. The made-up word Glencore stands for “Global Energy Commodity and Resources.” The company was founded in 1974 by financial investor Marc Rich. Glencore’s business model is the production, processing and trading of and with commodities – metals, coal and oil, and agricultural products. The Group employs around 62,000 people in 40 countries around the globe. Industrial activities take place at 19 sites in 12 countries. Around 60,000 employees work in this sector. Glencore has been listed on the stock exchange since 2011.

Place 2: MET Holding AG, Zug: 11.2 billion euros in sales

MET Group was founded in 2007 as a subsidiary of the Hungarian oil and gas group MOL. Today, MET is predominantly owned by CEO Benjamin Lakatos and management. The company is active in the wholesale of natural gas, electricity and oil throughout Europe. The business is divided into the divisions Trading & Wholesale, EU Sales, Flexibility Assets and Green Assets. In addition to commodity trading, MET also operates energy infrastructure and industrial facilities. In Hungary and Bulgaria, the Group owns several wind and solar parks. MET Group employs approximately 1,600 people and has subsidiaries in 10 European countries.

Place 3: AMAG Group AG, Cham: CHF 4.0 billion in sales

AMAG was founded in 1945 as “AMAG Automobil- und Motoren AG” in Zurich. Today, AMAG Group is one of the largest car dealers in Switzerland. The company is owned by Martin Haefner – a son of AMAG founder and Swiss billionaire Walter Haefner. The business model is based on vehicle imports – mainly of VW Group brands (VW, Seat, Skoda, Audi). A corresponding cooperation agreement with VW has been in place since 1951. The AMAG Group employs around 6,500 people. The AMAG subsidiaries are active in various business areas – including garage operations, car leasing and parking lot management.

Source: Listenchampion Image source: Unsplash

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