Economy · 07. July 2020

Zurich, 2nd July 2020 – 10,539 new businesses were set up in the 2nd quarter of 2020, which represents a decline of 5.3% compared with the previous year. Ticino and Geneva suffered declines of 22% and 21% respectively, but a record total of 4486 company start-ups were also reported in June. CRIF AG has looked at how many new businesses were established in the 2nd quarter and how many companies went out of business. All in all, 11,413 companies were set up in Switzerland during this time. This...