According to data from the commercial register published on Tuesday, 50,015 companies were created in Switzerland in 2022, a figure almost stable compared to 2021. The last quarter ended on a rebound. An analysis by Credit Suisse and Procure.ch also shows that Swiss industry is doing well, while the service sector is struggling.
The total corresponds to a decrease of 1% compared to 2021 and an increase of 7% compared to 2020. The performance of 2022 is 27% better than that of ten years ago, with 39,371 companies founded in 2012 , a “positive assessment that reinforces our image of a dynamic and productive Swiss economy” last year and the previous ones, underlines the document.
In December, 4,897 new companies were founded, ie 18% more than in November and 1% less over one year. In all, 2,622 firms were removed from the registers, which corresponds to a surge of 16% over one month, but an increase of only 0.5% over one year.
Swiss industry kept “in shape”
Swiss industry remains in good shape, reflecting the strength of the labor market, according to an analysis by Credit Suisse and Procure.ch.
Production has lost momentum, but the decline in order books has stopped. The purchasing situation has also eased. Only 8% of companies reported longer delivery times, compared to more than 80% in the first half. More than a third are suffering from higher purchase prices, compared to a peak of 91% in March.
The positive labor market situation has been maintained: while 7% of companies have cut jobs, a quarter of them have increased their workforce. This robustness shows that companies are not reducing their capacities. In addition, this should “support demand by avoiding a decline in household incomes and consumer appetite”, write the authors of this analysis.
Mixed record in services
In the services sector, the trend is down, particularly for order books and new orders. However, commercial activity remains in growth territory.
Margins are under pressure. Thus, 44% of those interviewed are affected by higher purchase prices, when 27% have raised their selling prices. Despite these challenges, one in five companies are recruiting when only 10% are cutting their workforce.
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