Published weekly, the articles in this section provide information for SMEs on the following topics:

  • The latest economic developments
  • New studies related to SMEs in Switzerland
  • Useful news for companies

The most recent articles are also posted on the SME Portal homepage.

Listed by date:


Cylindrical machines in a warehouse

Slowdown in foreign trade

(15.05.2024) The global economic downturn continues to impact international trade. In the first quarter of 2024, imports decreased by 1.9% and exports dropped by 0.8% compared to the final quarter of 2023, according to the Federal Office of Customs and Border Security (FOCB).
Chemistry symbols and a lab technician filling a test tube in the background

Record funding for Swiss biotechnology

(08.05.2024) The Swiss biotech industry showed remarkable resilience in 2023. The sector boasted a revenue of 7.3 billion francs, nearly half a billion more than in 2022 (+7.35%). Moreover, it raised a record-breaking sum of 2 billion francs (+50% year-on-year).
A man with his head down and five stacks of coins with a downward arrow

Record number of bankruptcies reported

(01.05.2024) The upward trajectory in bankruptcy filings persisted throughout 2023, marking a significant milestone. Nearly 15,500 companies closed their doors, reflecting a 2.9% increase compared to the previous year. This figure represents the highest ever recorded by the Federal Statistical Office (FSO).
The Swiss flag with a binary system and the term HACKED in green

Cybersecurity: a new priority for Swiss companies

(24.04.2024) Swiss companies have ramped up their efforts to combat cyber threats in 2024. According to PwC's Global Digital Trust Insights 2024 survey, safeguarding against cyber hacking now ranks as their top concern, with 65% of respondents highlighting it.
Two men talking in a factory

Global industry is weighing down Swiss SMEs

(17.04.2024) Economic recovery struggles persist in Switzerland. Raiffeisen's SME PMI dipped below the growth threshold in March 2024, with 47.9 points compared to February's 50.0. This downturn is largely attributed to decreased activity among industrial firms.
Banknotes under a small wooden house labeled "BANK"

Record results for Swiss banks

(10.04.2024) The Swiss financial sector successfully surmounted the economic challenges of 2023. According to the bank barometer from consulting firm Ernst and Young (EY), an overwhelming 96% of banks anticipate operational profit growth in 2024.
Gruppo di esperti della Confederazione per le previsioni congiunturali crescita risultati economici Svizzera settore terziario quarto trimestre 2023

Moderate growth for 2024

(03.04.2024) Switzerland's economic performance is projected to fall below the average in 2024. The Federal Expert Group on Business Cycles anticipates a GDP growth of 1.1%, adjusted for the impact of sporting events.
Electronic charts on a blue background.

Mixed results for Swiss fintech

(27.03.2024) Despite decreased investments within the sector, the number of companies engaged in financial technologies (fintech) grew last year. According to a study by the Lucerne University of Applied Sciences and Arts (HSLU), the industry saw an increase to 483 firms in 2023, marking a 10.5% rise compared to 2022.
A person taking measurements at a construction site.

Slight increase in employment in Q4 2023

(20.03.2024) The Swiss labor market saw growth in 2023. In Q4 2023, non-agricultural businesses had 5.488 million positions. This represents a 1.7% increase annually and a 0.4% increase quarterly, according to the Federal Statistical Office (FSO).
A glass building at night.

Business situation remains stable in February

(13.03.2024) The business situation in Switzerland has seen little change since autumn 2023. In February 2024, the Business Situation Indicator from the KOF Swiss Economic Institute stood at 14.0, which is 0.4 points higher than the previous month and 0.3 points higher than in October 2023.
A man gives a document to a receptionist

Historic record of overnight stays in 2023

(06.03.2024) The year 2023 proved to be exceptionally prosperous for Switzerland's hotel industry. According to reports from Switzerland Tourism and the Federal Statistical Office (OFS), the sector recorded nearly 41.8 million overnight stays, marking the highest total since record-keeping began in 1934.
People holding interlocking cogs.

Record of Swiss mergers and acquisitions abroad

(28.02.2024) Swiss SMEs took advantage of the strong franc to increase their investments in mergers and acquisitions of foreign companies. The total number of transactions reached 76 (+1.3%), a record figure since the beginning the consulting firm Deloitte began its study in 2013.


Swiss Entrepreneurs' Society SSE, construction index, increase in order entries, third quarter 2023

Orders are picking up in construction sector

(27.12.2023) Construction activity has slightly rebounded in the third quarter of 2023. The industry records a slight increase of 1.7% on a yearly basis, thereby reducing the deficit for the first three quarters to -4.6%, according to the Swiss Entrepreneurs' Society (SSE).
A list of numbers and arrows pointing upwards.

Increase in VAT as of January 1, 2024

(20.12.2023) Following the Swiss public's endorsement in September 2022 of the amendment to the Federal Law on Old Age and Survivors' Insurance (AVS), the Value Added Tax (VAT) is set to increase starting January 1, 2024.
Federal Office of Customs and Border Security OFDF foreign trade Swiss exports imports pharmaceuticals October 2023

Pharmaceutical sector weighs down Swiss exports and imports

(13.12.2023) Foreign trade experienced a significant decline in October 2023. The decrease in exchanges in the pharmaceutical industry led to a drop of 10.7% in exports and 4.9% in imports, according to the Federal Office of Customs and Border Security (OFDF).
A man in a computer products store.

Retail trade calls for regulatory truce

(06.12.2023) Swiss retailers expect a turbulent 2024. Despite a promising 2023, more than a third (36%) of businesses believe that the next fiscal year will end with below-average results, according to the Swiss Retail Federation.
A winter landscape with chalets at the foot of the Matterhorn.

Promising winter for the tourism sector

(22.11.2023) After the trauma of the pandemic, the Swiss tourism sector is continuing its upward trend. While the summer season ended with record numbers, the winter season 2023-2024 is expected to see a growth of +0.4%, according to the forecasts from BAK Economics and SECO.
logo of logib, the payroll system

Create a salary system with the Logib web application

(16.11.2023) As of now, the Confederation is making Logib pay system available: Companies and organisations can use the webtool to develop a simple system for managing functions and salaries based on gender-neutral criteria.
Raiffeisen PMI SME index, inflation, strong franc, import, export, economic conditions, order books, production

Job market on the rise again

(15.11.2023) Strong headwinds are blowing across the Swiss economic landscape. In October, Raiffeisen's PMI SME index dropped by nearly five points to 45.2. The banking institution highlights the industrial recession in the Eurozone and the appreciation of the franc.
A man in front of an electrical panel.

Job market picks up

(08.11.2023) In the third quarter of 2023, the Adecco Swiss Job Market index increased by 7% on a yearly basis, driven particularly by the strength of the mechanical, electrical, and metallurgical (MEM) industries sector.
People in an auditorium.

SME Forum supports extending loss compensation deadline

(01.11.2023) Following the pandemic, Parliament is calling for an extension of the loss compensation period for businesses from seven to ten years. This change is necessary because, under current regulations, businesses may find themselves unable to offset some of their losses with future profits.
A hangar filled with wooden planks.

Several sectors at risk of bankruptcy

(01.11.2023) The cases of insolvency increased by 8% in the first three quarters of 2023, according to the consulting firm Dun & Bradstreet. Between January 1st and September 30th, 2023, 3,845 companies had to file for bankruptcy in Switzerland, compared to 3,552 in the same period in 2022.
Four people conversing in a professional space.

Absences due to mental illnesses are on the rise

(25.10.2023) Workplace absenteeism weighs heavily on the activities of companies. More than one in four SMEs (26%) experienced the negative consequences of absences due to mental health issues in 2022, according to a study on the labor market by the insurance company Axa.
Two men in a discussion point at elements on a computer.

Switzerland remains leader in innovation

(18.10.2023) The Swiss economy has managed to retain its innovation edge. The country retained first place for the thirteenth consecutive year, while Sweden overtook the United States for second position, according to the World Intellectual Property Organization (WIPO) 2023 Innovation Index.


View of the Quai des Bergues in Geneva, with its hotels and flags.

Swiss hotel industry: highly encouraging upturn in visitor numbers

(22.06.2022) The hotel sector experienced a sharp rebound during the winter of 2021/2022. According to the Federal Statistical Office (FSO), the industry recorded 14.6 million overnight stays. This represents a 54% increase in demand in all tourist regions compared with the previous year.
An empty workspace.

Slight decline in office real estate supply

(28.12.2022) The increase in employment since the end of the health crisis is boosting demand for office space. According to Credit Suisse's "Swiss Office Property Market 2023" study, however, supply is not shrinking as sharply as in previous economic upturns due to the trend for remote working.
Workers in a warehouse.

Business situation gloomy

(28.12.2022) Swiss companies are facing a mixed year-end outlook. The KOF Business Situation Indicator, based on approximately 4,500 company reports, stood at 20.2 in November, down 7.7 points from October.
A person at the Lindenhof in the old town of Zurich.

Hotels: foreign travelers make a strong comeback

(21.12.2022) The hotel industry posted encouraging results in summer 2022. According to the Federal Statistical Office (FSO), 22.4 million overnight stays were recorded in Swiss accommodations between May and October 2022, an increase of 21.9% compared to summer 2021.
A woman in a supermarket with a long receipt.

Growth forecasts revised downwards for 2023

(21.12.2022) With rising energy prices and sluggish foreign demand, the Swiss economy is experiencing a slight slowdown. According to the latest report from the Organisation for Economic Co-operation and Development (OECD), growth in real terms is expected to reach 0.6% in 2023.
Workers consult a site plan.

Construction: rising costs put pressure on margins

(14.12.2022) Construction continues to be stable in 2022. According to the Swiss Contractors' Association (SCA), industry sales reached CHF 6.2 billion in the third quarter. However, rising costs for materials and personnel are causing profit margins to fall.
A large corporate building.

Multinationals omnipresent in Switzerland

(14.12.2022) Almost a quarter of the country's workforce works for a multinational company. In 2021, more than 35,000 companies with a total of nearly 1.5 million jobs and sales of close to CHF 2,000 billion belonged to a multinational group, according to the Federal Statistical Office (FSO).
Economiesuisse Agreement on Technical Barriers to Trade Mutual Recognition Agreement MRA Switzerland United Kingdom simplified conformity assessment procedure approval

New bilateral agreement with the UK

(07.12.2022) A new bilateral agreement between Switzerland and the United Kingdom will be effective as of January 1, 2023. Different product categories will benefit from a simplified conformity assessment procedure.
SwissMEM MEM industries machinery electrical equipment metals third quarter 2022 exports decline in orders

Slowdown in the machinery industry

(07.12.2022) Concern is growing in the mechanical and electrical engineering industries (MEM) sector. According to the Swissmem trade association, orders fell by 12.4% in the third quarter. In comparison with the second quarter of 2022, incoming orders from abroad have declined by as much as 21.1%.
Two employees in a grocery store.

Non-standard employment affects younger generations most

(30.11.2022) Non-standard forms of employment have persisted in the Swiss labor market since 2020. According to the Federal Statistical Office (FSO, they account for 10% of employees. The rate is slightly higher among 15 to 24-year-olds and in certain elementary occupations.
Various pictograms with a CO2 symbol in the center.

Companies remain relatively inactive in terms of ecological change

(30.11.2022) Various factors are holding back companies from making ecological changes. According to the ERM Report 2022 published by the Lucerne University of Applied Sciences (HSLU), 65% of the companies surveyed see costs as a major obstacle to reducing their environmental impact.
Several parked cars.

Automotive sector anticipates 2023 recovery

(23.11.2022) The automotive sector is expecting a slight improvement in the economy. According to forecasts by the BAK Institute and the Swiss Automobile Association (SAVV), the number of new vehicles on the road in 2023 will increase by 13.6% compared with 2022.


Woman scanning qr code in front of a PC

Switch to the QR-bill Picks Up Speed

(28.12.2021) The latest survey results from gfs.bern concerning the discontinuation of payment slips show: The switch of companies to the QR-bill picks up speed. Already today, around two thirds of all Swiss companies are planning to complete the switch on time.

Replacement of payment slips – majority of companies have recognized the need for action

(28.07.2021) The latest study by gfs.bern on the replacement of the current payment slips shows that the majority of companies recognize the need for action. After 30 September 2022, payments will no longer be possible in Switzerland using the red and orange payment slips. By this date at the latest, all Swiss companies must be able to issue QR-bills.
A person scans a QR code on his smartphone.

Discontinuation of Payment Slips: Switch to QR-bill or eBill Now

(24.02.2021) PostFinance has set the end date for the current red (IS) and orange (ISR) payment slips as 30 September 2022. It is thereby supporting the digitalization of payment transactions and the corresponding follow-up products QR-bill and eBill. The red and orange payment slips will thus be definitively replaced for all Swiss bank customers. Companies are now required to switch if they have not done so already.

Last modification 02.01.2024

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News and useful information for founders and entrepreneurs.