Despite the pandemic, foreign companies continue to create jobs in Switzerland – rts.ch

During the Covid-19 pandemic, Switzerland remained a land of economic opportunity for foreign companies. According to a survey by the SRF, they created more jobs last year than in 2019.

The American company Tiffin Metal, a company which notably manufactures metal slides intended for the warehouses of the giants of online commerce, decided last year to set up in the Freiburg municipality of Schmitten. For the firm, this is the first time that one of its factories has opened outside the United States.

Jim Fitzgerald, director of Tiffin Metal for Switzerland, explains this choice: “The workforce is very competent, taxation is in our favor and Switzerland is central in Europe”.

This example is symbolic of a very good year for economic promotion. If the country admittedly welcomed a little less new foreign companies in 2019 than in 2020, the jobs created increased by 11% to reach the figure of 1200. In total, foreign companies even promise the creation of 3500 new ones. positions over the next three years

A health crisis that benefits Switzerland?

These results may seem surprising as the coronavirus continues to penalize global economic life, but perhaps it is precisely this crisis that allows such fallout for Switzerland. In any case, this is what Patrick Wermelinger, member of the executive committee of Switzerland Global Enterprise, thinks.

“In a year of crisis, stability, long-term planning and the security of an economic center play an even more important role. This speaks in favor of Switzerland. But let there be so many new places of work, that surprised us. “

“Switzerland is a reliable partner”

For the authorities, these job creations are of course also viewed favorably. Some like Walter Schönholzer, Councilor of State in Thurgau, are even proud of the management of the health crisis, which according to him has been well received abroad.

“The establishment of companies is a long-term process. And I believe that during this corona year, we have clearly seen that Switzerland is a very reliable partner.”

Switzerland therefore seems to have done well. It is one of the few countries in the world where foreign investment was on the rise in 2020.

Subject TV: Rouven Gueissaz

Adaptation web: ther

Source

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