Number of company bankruptcies rises to record high in 2024
Keystone-SDA
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January 3, 2025 – 12:24 4 minutes
DeutschdeZahl der Firmenkonkurse steigt im 2024 auf Höchststand
Original
Read more: Zahl der Firmenkonkurse steigt im 2024 auf Höchststand
日本語ja2024年のスイスの企業倒産件数、過去最高に
Read more: 2024年のスイスの企業倒産件数、過去最高に
+ Get the most important Swiss news directly in your inboxHowever, more companies were also founded last year.Overall, company bankruptcies increased by 15% to 11,506 in 2024 as a whole. The number of pure corporate insolvencies (+18%), i.e. bankruptcy publications due to over-indebtedness, climbed particularly sharply. Meanwhile, bankruptcy publications due to deficiencies in the organisation increased by 6.6%.+ Read more: what’s on the Swiss economic horizon in 2025?By canton, the increase was very high in Nidwalden, Appenzell Innerrhoden and Graubünden. This was primarily due to the generally low number of bankruptcies in these cantons. Expressed as a percentage, the increase was very rapid. In Zug, Geneva, Schwyz and Vaud, bankruptcies were at a high level.In terms of sectors, every fifth company bankruptcy was attributable to the construction industry. Trade and business services each accounted for 18% of bankruptcies, while 11% of all bankruptcies were in the hospitality industry.Creditreform experts expect another increase in bankruptcies in the new year. One reason for this is an amendment to the Federal Act on Debt Enforcement and Bankruptcy, which has been in force since the beginning of the year.This means that taxes, duties or other payments based on public law must now also be claimed by way of bankruptcy proceedings and no longer by seizure.Not only the number of company bankruptcies increased last year, but also the number of new start-ups. As announced by the Institut für Jungunternehmen (IFJ) on Tuesday, almost 53,000 new companies were registered in the commercial register in 2024. This was over 2% more than in 2023.More
Record number of start-ups founded in Switzerland in 2024
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Almost 53,000 start-ups were registered in 2024, up from 51,500 the previous year, the Institut für Jungunternehmen (IFJ) said on Tuesday.
Read more: Record number of start-ups founded in Switzerland in 2024
The IFJ figures are in line with those