The number of new firms entering the marketplace has remained stable. The total corresponds to a drop of 1% compared to 2021 and an increase of 7% compared to 2020, according to data from commercial registers compiled by Help.ch published on Tuesday.
The performance in 2022 is 27% higher than ten years ago, when 39,371 companies were founded in 2012. This is a result that is “positive and reinforces our image of a dynamic and productive Swiss economy” last year and in previous years, the document said.
In December alone, 4,897 new companies were founded, 18% more than in November and 1% less than in the previous year.
However, the number of firms going bust also increased last year, according to research group Dun & Bradstreet. By the end of November, 4,349 companies had declared bankruptcy, which is an increase of 21% on the previous year.
Other corporate data has shown signs of improved sentiment concerning the Swiss economy.
The Swiss purchasing managers’ index (PMI) published on Tuesday by Credit Suisse and Procure.ch remains well above the growth threshold, defined at 50 points, and has slowed its downward trend. Swiss industry remains in good shape, reflecting the strength of the labour market. The service sector, on the other hand, is struggling, slipping below the growth threshold.
Switzerland abstains from vote on Palestinian bid for full UN membership
This content was published on
On Friday, Switzerland abstained from the vote at the General Assembly on granting the Palestinians new rights at the United Nations (UN).
Protein in abdominal fat could help shape obesity treatment
This content was published on
The study analysed fat cells from different locations in the body, and found that those in the abdomen have unique properties.
North African asylum claims fall after rapid Swiss processing
This content was published on
The accelerated procedure, now out of its test phase, has resulted in a significant drop in applications from North African countries.
This content was published on
The artist's song "The Code" focuses on their journey as a nonbinary individual. It is one of the favourites to win this year's contest.
Swiss climate activists block vehicles near Gotthard tunnel
This content was published on
Around ten climate activists briefly blocked the A2 motorway near the northern entrance of the Gotthard tunnel on Thursday.
This content was published on
The state-run Swiss Innovation Agency, Innosuisse, is to play a bigger role in giving start-up companies a competitive edge.
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.