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CRIF AG Study: Company bankruptcies up 16.2% in March in Switzerland

 

CRIF AG analyzed how the bankruptcies in March 2021 compared to the previous year. In March 2021, they rose for the first time to 688, an increase of 16.2%.

Compared with February 2021, bankruptcies rose by 36.2% in March 2021.

 

Analysis by Industry

 

The largest increase compared to March 2020 is in the areas of health care (400%), recruitment of workers (300%) and other professional, scientific and technical services (138%).

 

Compared to the same period last year, the catering industry recorded 11% fewer bankruptcies, but an increase of 54% compared to February 2021. In the area of accommodation, 60% more bankruptcies were recorded in March.

 

Source: CRIF, SkyMinder

 

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