10.01.2017

Switzerland bankruptcies climbed in 2016

400Corporate bankruptcies are on the increase in Switzerland in 2016 which covered 6504 companies, 6.7% more than last year. According to figures released today by the Society of Economic Information Creditreform, the major cause is represented by insolvencies (4648, + 2.9%), while the closures for gaps in the organization (+ 18% in 1856) recorded the largest increase .

Creditreform assumes that the latter figure is due to increased activity of some cantonal offices of the Commercial Register. Between 2013 and 2015 the number of closures ordered by the authorities were in fact dropped.

Private bankruptcies have remained almost perfectly stable (+ 0.1% in 7436). It also confirms the trend observed in previous years, which saw a drop in living persons failures (-6% in 1474) compared to an increase of inheritance rejected (+ 1.8% in 5962).

Overall bankruptcies were 13'940, an increase of 3.1% compared to 2015, while startups rose by 0.7% to 41'352, still exceeding the critical threshold of 40,000.

Radiation was 28'223, down 0.4%. The net growth of companies amounted to 13'129 (+ 3.3%): this is a record value, second only to 15'607 in 2008 thanks to the very low number of companies canceled. Creditreform has not published data for each canton.


Events


Semptember 2015
  • 24
    Jan

    The constant and fast growth of impact investing during the last few years shows the economic signif

  • 25
    Jan

    Why Malta – a vibrant economic environment in a dynamic jurisdiction

  • 25
    Jan

    The Paris Fintech Forum 2017, organized by Altéir with the support of 60+ international partners, a

  • 26
    Jan

    I presidi informativi in fase di implementazione a livello internazionale ed europeo attraverso le m

  • 26
    Jan

    Im Banking steht der Kunde im Zentrum, das war schon immer so. In einem sich stark verändernden Umf

See All

newsletter

Updates and news from MarketPlus

Market Overview
SMI PR8275.130,02 %
LYXOR DAX INAV111.4130,29 %
FTSE MIB Index19479.46-0,06 %
FTSE 1007198.44-0,14 %
CAC 404850.670,20 %
S&P 5002271.310,34 %
NASDAQ Composite5555.330,27 %
HANG SENG INDEX22885.91-0,72 %
Powered by Yahoo Finance