{"id":44999,"date":"2026-02-25T08:43:22","date_gmt":"2026-02-25T07:43:22","guid":{"rendered":"https:\/\/www.organisator.ch\/de\/?p=44999"},"modified":"2026-02-25T08:43:22","modified_gmt":"2026-02-25T07:43:22","slug":"mem-kmu-kaempfen-weiter-gegen-gegenwind","status":"publish","type":"post","link":"https:\/\/www.organisator.ch\/it\/management\/2026-02-25\/mem-kmu-kaempfen-weiter-gegen-gegenwind\/","title":{"rendered":"Le PMI MEM continuano a lottare contro i venti contrari"},"content":{"rendered":"
\n
\"\"
Utilizzo della capacit\u00e0 produttiva (fonte: BAK Economics, indagine trimestrale Swissmechanic)<\/figcaption><\/figure>
<\/figcaption><\/figure>\n

Il clima economico dell'industria svizzera rimane pessimistico all'inizio del 2026. Circa il 40% delle aziende ha registrato un calo degli ordini e delle vendite nel quarto trimestre del 2025 rispetto all'anno precedente. I margini EBIT sono scesi al 46%. Sebbene le singole aziende abbiano registrato una leggera stabilizzazione, l'utilizzo complessivo della capacit\u00e0 produttiva rimane al di sotto della media di lungo periodo. Solo il 18% delle aziende ha ancora un portafoglio ordini superiore alle dodici settimane.<\/p>\n

La situazione degli ordini rimane la principale preoccupazione<\/h3>\n

Per il 63%, la situazione degli ordini rimane la maggiore preoccupazione per le aziende. Le fluttuazioni dei tassi di cambio (37%) e la carenza di manodopera qualificata (26%) rappresentano un ulteriore onere. Il 17% delle aziende ricorre attualmente al lavoro a orario ridotto, una cifra che corrisponde alla media dei trimestri precedenti. La situazione degli ordini a breve termine rimane sicura per la maggior parte delle aziende: sette aziende su dieci hanno almeno quattro settimane di produzione assicurata.<\/p>\n

\n
\"Indice
Indice del clima aziendale di Swissmechanic per le PMI MEM (fonte: BAK Economics, sondaggio trimestrale Swissmechanic)<\/figcaption><\/figure>
\n<\/figure>\n

I dazi statunitensi portano solo un sollievo limitato<\/h3>\n

Anche la riduzione delle tariffe statunitensi dal 39% al 15% fornisce solo un sollievo limitato. Per la maggior parte delle aziende, questo non significa un'inversione di tendenza, ma solo un moderato miglioramento delle prospettive di business. Gli adeguamenti strategici continuano a concentrarsi sull'ottimizzazione dei processi e dei costi, mentre le delocalizzazioni della produzione sono raramente previste.<\/p>\n

Investimenti sotto pressione<\/h3>\n

Le restrizioni finanziarie impediscono al 26% delle aziende di investire - un leggero aumento rispetto all'autunno 2025, dovuto principalmente alla mancanza di fondi propri. Allo stesso tempo, due terzi delle aziende prevedono di mantenere costante la propria capacit\u00e0 produttiva. La maggior parte delle aziende ha mantenuto costante anche il proprio organico, mentre poco meno di una su tre ha dovuto ridurre la propria forza lavoro.<\/p>\n

Il contesto macroeconomico rimane difficile<\/h3>\n

L'economia globale perder\u00e0 leggermente slancio nel 2026. Il BAK prevede che il prodotto interno lordo svizzero corretto per lo sport crescer\u00e0 dello 0,9% nel 2026. Lo sviluppo nell'UE sar\u00e0 leggermente superiore, con una crescita dell'1,2%. L'economia statunitense crescer\u00e0 in modo pi\u00f9 sostenuto, con un tasso di crescita previsto del 2,8%. Anche il franco svizzero rimarr\u00e0 forte nel 2026, a 0,93 franchi\/euro o a circa 0,80 franchi\/USD.<\/p>\n

Il presidente di Swissmechanic Nicola Tettamanti afferma: \u00abLe nostre PMI stanno dimostrando una grande perseveranza. Ma la stabilizzazione a un livello basso non \u00e8 ancora una ripresa. Abbiamo bisogno di condizioni quadro affidabili e di stabilit\u00e0 politica che permettano di investire e di creare sicurezza nella pianificazione\u00bb. Il direttore di Swissmechanic Erich Sannemann aggiunge: \u00abLe aziende stanno reagendo in modo pragmatico: ottimizzano i processi, assicurano la loro liquidit\u00e0 e mantengono la loro forza lavoro il pi\u00f9 stabile possibile. Questa resilienza \u00e8 impressionante, ma non deve essere data per scontata\u00bb.\u00bb<\/p>\n

Ulteriori informazioni: www.swissmechanic.ch<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Lo Swissmechanic SME-MEM Business Climate Index continua a mostrare una situazione di tensione nell'industria meccanica, elettrica e metallurgica all'inizio del 2026. Con circa -30 punti, l'indice rimane chiaramente in territorio negativo. Tre quarti delle aziende valutano la loro attuale situazione commerciale come sfavorevole.<\/p>","protected":false},"author":107,"featured_media":44998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"MEM-Industrie","_yoast_wpseo_metadesc":"Der Swissmechanic KMU-MEM-Gesch\u00e4ftsklimaindex zeigt zu Jahresbeginn 2026 weiterhin eine angespannte Lage in der MEM-Industrie.","articlekey":"","footnotes":""},"categories":[28],"tags":[310,5506,3414,531],"class_list":["post-44999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management","tag-konjunktur","tag-mem-industrie","tag-swissmechanic","tag-wirtschaftspolitik"],"acf":[],"yoast_head":"\nMEM-KMU k\u00e4mpfen weiter gegen Gegenwind - Organisator<\/title>\n<meta name=\"description\" content=\"Der Swissmechanic KMU-MEM-Gesch\u00e4ftsklimaindex zeigt zu Jahresbeginn 2026 weiterhin eine angespannte Lage in der MEM-Industrie.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.organisator.ch\/it\/gestione-2\/2026-02-25\/mem-kmu-kaempfen-weiter-gegen-gegenwind\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MEM-KMU k\u00e4mpfen weiter gegen Gegenwind\" \/>\n<meta property=\"og:description\" content=\"Der Swissmechanic KMU-MEM-Gesch\u00e4ftsklimaindex zeigt zu Jahresbeginn 2026 weiterhin eine angespannte Lage in der MEM-Industrie.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.organisator.ch\/it\/gestione-2\/2026-02-25\/mem-kmu-kaempfen-weiter-gegen-gegenwind\/\" \/>\n<meta property=\"og:site_name\" content=\"Organisator\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OrganisatorFachmagazin\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-25T07:43:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.organisator.ch\/wp-content\/uploads\/2026\/02\/2_DE-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"711\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"n8n\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"#MEM-KMU k\u00e4mpfen weiter gegen Gegenwind\" \/>\n<meta name=\"twitter:description\" content=\"Der #Swissmechanic #KMU-MEM-Gesch\u00e4ftsklimaindex zeigt zu Jahresbeginn 2026 weiterhin eine angespannte Lage in der #MEM-Industrie.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.organisator.ch\/wp-content\/uploads\/2026\/02\/2_DE-scaled.jpg\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/\"},\"author\":{\"name\":\"n8n\",\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/#\\\/schema\\\/person\\\/a9d0e0eff238db87a8f840f3b50359f0\"},\"headline\":\"MEM-KMU k\u00e4mpfen weiter gegen Gegenwind\",\"datePublished\":\"2026-02-25T07:43:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/\"},\"wordCount\":427,\"publisher\":{\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.organisator.ch\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/2_DE-scaled.jpg\",\"keywords\":[\"Konjunktur\",\"MEM-Industrie\",\"Swissmechanic\",\"Wirtschaftspolitik\"],\"articleSection\":[\"MANAGEMENT\"],\"inLanguage\":\"it-IT\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/\",\"url\":\"https:\\\/\\\/www.organisator.ch\\\/management\\\/2026-02-25\\\/mem-kmu-kaempfen-weiter-gegen-gegenwind\\\/\",\"name\":\"MEM-KMU k\u00e4mpfen weiter gegen Gegenwind - 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