In the first two months of the current year, the number of corporate bankruptcies decreased significantly. In all, more than 796 firms had to open insolvency proceedings, a drop of six percent. In Ticino, the number of bankruptcies fell by as much as 29 percent compared with the same period last year, followed by southwestern Switzerland with a fall of 20 percent and central Switzerland with a drop of 17 percent. In north-western Switzerland, insolvencies fell by ten percent. There was a slight increase of one percent in the Espace Mittelland. In Zurich, bankruptcies rose by 17 percent and in eastern Switzerland by a full 34 percent. The number of newly founded companies stagnated at the previous year's level. A total of 7,667 new companies were entered in the commercial register, which represents an increase of just 28 start-ups.
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Bankruptcies and start-ups as of February 2020