The Swiss voice in the world since 1935

Swiss company bankruptcies on the rise

A growing number of firms are going bust
A growing number of firms are going bust Keystone-SDA

The number of Swiss bankruptcies continues at a higher pace than last year, while the number of new business start-ups fell in August.

+ Get the most important news from Switzerland in your inbox

The number of deletions from the commercial register last month rose by 7% year-on-year to 2,224, according to a Creditreform press release published on Tuesday.

In the first eight months of the year, this figure reached 21,866, an acceleration of 6.7%.

For the year as a whole, the organisation expects around 32,400 deletions from the commercial register, up 5.4% year-on-year and a third more than in 2004.

At the same time, new entries in the commercial register fell by 3.4% last month. Since the beginning of the year, they have totalled 35,210, a gain of 2%. By December, business start-ups should total 53,300, 3.2% more than in 2023.

Translated from German by DeepL/mga

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

A smartphone displays the SWIplus app with news for Swiss citizens abroad. Next to it, a red banner with the text: ‘Stay connected with Switzerland’ and a call to download the app.

Popular Stories

Most Discussed

News

Diesel oil pollutes Lake Zurich near Rapperswil-Jona

More

Diesel oil slick spreads across Lake Zurich

This content was published on Emergency crews contained the oil and began removing some of the pollution from the water’s surface, said the St Gallen cantonal police on Sunday.

Read more: Diesel oil slick spreads across Lake Zurich
Tens of thousands of people at Zurich Pride

More

Zurich Pride draws large crowds amid financial strain

This content was published on Following US President Donald Trump’s attacks on diversity initiatives, Zurich Pride fears more sponsors could pull out and is now facing financial difficulties.

Read more: Zurich Pride draws large crowds amid financial strain

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

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.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR