Swiss company bankruptcies on the rise

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 How we work This news story has been written and carefully fact-checked by an external editorial team. At SWI ...