More inflows to Valais, losses in Zurich and Vaud
Almost 38,000 companies relocated within Switzerland in 2024. In the cantonal competition, Valais recorded the largest net increase in companies, followed by Appenzell Ausserrhoden and Fribourg. Zurich, Vaud and Lucerne lost the most, according to a survey by CRIF AG.
A total of 37,816 companies moved within Switzerland last year, CRIF AG reported in a press release. The credit agency analysed the corresponding movements of companies within Switzerland. According to its surveys, 80.6 per cent of companies relocated within the canton. Only 7470 companies moved to another canton.
Valais ranks first in terms of inflows from other cantons, with a net inflow of 88 companies. The canton of Valais was able to attract companies from the cantons of Vaud and Geneva in particular. The cantons of Appenzell Ausserrhoden and Fribourg also recorded high net immigration of 65 and 39 companies respectively. The canton of Appenzell Ausserrhoden mainly attracted companies from St.Gallen, Zurich and Zug. Companies from the cantons of Vaud, Bern and Geneva were the main movers to Fribourg.
At the other end of the scale are the cantons of Zurich, Vaud and Lucerne. The canton of Zurich lost a net total of 133 companies to other cantons in Switzerland. From the cantons of Vaud and Lucerne, 87 and 61 companies respectively moved to other cantons.
The cantons of Zug, Aargau and Schwyz were the main beneficiaries of the migration from the canton of Zurich. Many companies from Vaud relocated to the cantons of Geneva, Valais and Fribourg. Companies from Lucerne mainly relocated to the cantons of Zug, Zurich and Aargau.