Wave of bankruptcies In the first half of this year, the number of company bankruptcies rose sharply. The wave of bankruptcies, which had not yet happened due to Corona aid, has now also reached Switzerland.
Overall, 40 percent more companies were insolvent in the first half of 2022 than in the previous year, the business information service CreditorForm announced on Wednesday. Even compared to the average of the two pre-Corona years 2018 and 2019, this corresponds to an increase of 10 percent. Those who were still able to make ends meet with the state Corona aid are now catching up with reality, they say.
However, not all sectors are suffering equally: Insolvencies in the chemical and pharmaceutical sectors have more than tripled compared to the pre-crisis years of 2018/19. Otherwise, service companies in particular will be affected in the course of creditreform. There were 40 percent more bankruptcies here.
It is also surprising that insolvency remained stable in the first half of the year, with gastronomy growing by 1.7 percent and construction by 3.3 percent. It was also surprising that personal bankruptcies also fell by 9 percent. However, it could be that the proceedings against private individuals “should be postponed a little longer”.
will be bankrupt for the whole year
For the year as a whole, Creditreform expects 34 percent more insolvencies than in the previous year. Current world events are of particular concern.
While private households are struggling with rising inflation, companies are suffering from supply bottlenecks and increased energy and raw material costs. A strong franc also puts many companies under pressure. And the pandemic is over.
With 25,445 start-ups, 3.8 percent fewer companies were entered in the commercial register than in the previous year. However, Creditreform continues to speak of “strong momentum”.
Overall, the economic information service expects around 50,000 new companies to be founded in 2022, as of last year. The deletions will be at the level of the previous year. Therefore, net growth is expected to fall by 1.6 percent this year. (SDA/AWP)