As at mid-2017, Switzerland's accumulated direct investments constitute $11.6bn, including $3.2bn in industrial investment. A number of major Swiss investors are working in Russia. For example, Nestle, which manufactures food items and drinks, has invested over $1bn by 2017, and the group owns 11 production facilities in multiple Russian regions.
The Swedish-Swiss concern ABB, which specializes in electrical and power engineering and information technologies, operates seven production sites in Russia. Its Russian facilities also include 12 service sites and more than 25 regional offices. Combined, ABB facilities provide 1100 jobs in Russia. Holcim, a global leader in the production of construction materials, operates two cement factories in Russia. OJSC Volskcement located in the Saratov Region is undergoing major modernization; total project investment is estimated at RUB18.1bn.
Novartis Group, which manufactures pharmaceuticals, ophthalmological products and generics, is also working in Russia. Local sites employ over 2400 people. In 2011-15, Novartis investment into the setup of local manufacturing, R&D, and healthcare amounted to $500mln.