Six percent increase in corporate bankruptcies
A recent report from the Bisnode D&B business information service highlights that there were 1,933 corporate bankruptcies in Switzerland from January through May 2016; this represents a 6 percent increase compared to the same period last year. Unfortunately, the French-speaking part of Switzerland stands out particularly negatively in this regard.
In terms of bankruptcy filings, French-speaking Switzerland was hit particularly hard. According to Bisnode's "Bankruptcies and Foundations as of May 2016", business bankruptcies in French-speaking Switzerland rose by a full 23 percent. In general, particular caution is advised when companies from the construction industry, catering businesses and craftsmen want to be supplied on account.
In these previously traditional industries, there is a massively increased risk of bankruptcy - and in the worst case scenario, affected suppliers of bankrupt companies are left sitting on their unpaid invoices. This is why Bisnode D&B recommends a thorough examination of business partners. - However, it is not only insolvencies that have increased, but also the number of new start-ups.
A total of 17,086 new companies were entered in the commercial register from January to May, an increase of two percent.
Download study bankruptcies and incorporations as of May 2016 in this Link
