27. It is well-known that the chief export of Liechtenstein is false teeth. However, with more employees than citizens, Hilti is this landlocked country's largest employer. What do they make, ironically sounding?
From Quiz Liechtenstein, the Principality that Got Away
Answer:
Anchors
Ok, ok, before you go and yell at me (again), when I say that Hilti makes anchors, I mean that the company manufactures construction anchors, as in, things that screw into a concrete slab, perhaps, and allow you to attach stuff to it, securely. Hilti is a construction company and they also make drills and drill bits, power tools, and saws, to name a few products. They are very successful, and have offices outside of Liechtenstein as well.
The company is based in Schaan and, according to their website, employed more than 27,000 people in 2018. That's nearly as many people as the entire country it is based in, though, to be fair, most of them work outside of Liechtenstein.
In 2018, Liechtenstein exported a curious mix of products including dentures, stamps, chemicals, and vehicular parts. Despite limited local resources for manufacturing, the country managed to thrive economically by importing raw materials and food while generating substantial revenue from exports. This financial success allowed Liechtenstein to maintain a debt-free status, with even larger nations like Austria, Germany, and the United States owing debts to this tiny principality.
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