More small and medium-size Swiss businesses are upbeat about the current economic outlook.
This content was published on
1 minute
Many companies are also planning to create new jobs, according to survey results released by Ernst & Young on Thursday.
Of the 700 companies questioned in June, 92 per cent described their situation as good or relatively good. In February, 89 per cent of those surveyed said business was doing well.
A quarter of the companies said that they planned to invest in infrastructure and equipment. Another quarter said they would hire more people, while five per cent said they intended to cut jobs.
Forty-one per cent of those questioned said that they believed the economic situation would improve within the next half year. Just three per cent thought it would get worse, with the rest predicting no change.
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Medium-size businesses upbeat about upswing
This content was published on
A report by Ernst & Young published on Wednesday showed that 36 per cent of some 700 surveyed companies expect the business situation to improve. In May 2009 the figure was 27 per cent. The survey found 17 per cent of medium-size businesses believed conditions would continue to deteriorate, compared to 43 per cent that…
This content was published on
However, many smaller companies are put off by a misguided perception of high costs and risks that could be avoided if they shaped their strategies to take advantage of their unique strengths. Roughly half of Swiss SMEs export abroad and only five to seven per cent have production, research or another form of direct presence…
This content was published on
A pulse check of smaller firms by UBS banks has shown signs of optimism in some sectors. And the rate of start-ups is beginning to edge up as economic conditions start to look rosier for doing business. The UBS SME barometer revealed that firms in the industrial and service sectors are confident that turnover will…
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.