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Tag Archives: Strong franc Switzerland

46% of Swiss industrial companies considering relocating operations abroad

After a very difficult year in 2015, the Swiss mechanical and electrical engineering industries (MEM) started to recover in 2016, with new orders rising by 9.5%. At the same time 23% of the industry made a loss on the back of high costs and a 1.8% drop in sales, says the industry association Swiss MEM. Photo source: Swiss MEM The strong Swiss franc is still a challenge for a large number of companies. Developments will depend largely on exchange rates and business trends in key markets, says...

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