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565 Parkplätze und Platz für drei Hochhäuser: Willkommen in Baar, der neuen Heimat der Bank Vontobel

Baar bietet mehr als nur tiefe Steuern. Warum die Zuger Agglo für Topmanager und Firmeneigentümer ein Sehnsuchtsort ist.

565 Parkplätze und Platz für drei Hochhäuser: Willkommen in Baar, der neuen Heimat der Bank Vontobel

Baar, a town in the Zuger Agglo, has become a top destination for top managers and company owners due to its attractive features. The Bank Vontobel, which is moving its headquarters and 1500 employees from Zürich to Baar, is one of the reasons for this trend. The announcement has caused shockwaves in the Zürich financial district.

The Zug-based bank chose Baar over Zürich because Zug was unable to provide the same level of support, as noted by Maurice Pedergnana, a financier who moved to Zug from Zürich. Pedergnana highlighted that it would have taken Vontobel twenty years to obtain a building permit for a high-rise in Zürich, which is not the case in Baar.

The bank's decision to move to Baar demonstrates that Zug is a significant financial hub. Although some Zürich residents may question whether Zug lured Vontobel with aggressive marketing or tax incentives, the reality is that the Zug authorities did not actively pursue the bank's relocation. Instead, they focused on supporting existing companies in the region.

Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nzz.ch →

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