New entries commercial register in February 2016: Large increase
There was a strong performance in the number of new start-ups in February 2016 compared to the previous month of January. In total 3,592 new legal entities were entered into the commercial register. In comparison with the previous year, a total of 313 new registrations were recorded in the commercial register. This corresponds to a growth of 9.6% compared to February 2015.
(Source: Swiss Official Gazette of Commerce, SHAB)
Significant growth in February
In February 2016 a total of 3,592 new registrations were recorded in the commercial register of Switzerland. This corresponds to an increase of 14% compared to January. In comparison with February 2015 a strong growth of 9.6% was achieved. This strong growth is very encouraging, because it demonstrates that entrepreneurship in Switzerland is on the rise again.
Growth in the German and French-speaking region of Switzerland
The German-speaking region recorded a growth of 10.9% compared to the previous year. In the German-speaking region the market share of Switzerland is 64.6%. The French-speaking region of Switzerland also recorded a strong growth of 10.4% and a market share of about 29% of all start-ups. The Italian-speaking region recorded a decrease of 5.3% compared to the previous year and has a market share of 6.4% in Switzerland. However, the Italian-speaking region has the smallest population in Switzerland and it is therefore not surprising that there are less new foundings.
Cantons with the highest numbers of new ventures
Many larger cantons with a great number of new ventures also recorded an increase compared to the previous year. The canton of Zurich exhibited a growth of 14.9%. Other very strong German-speaking cantons were Zug (41.7 %), Bern (17.9 %) and Graubünden (31%). The strong Lake of Geneva region with the canton Vaud (26.1%) and Geneva (10.2%) recorded an excellent increase. The growth of the other cantons can be seen in the following graph.
