AGP Executive Report
Last update: an hour agoBusiness Conditions: Swiss company bankruptcies are forecast to reach a record 15,000 in 2026, though the new insolvency law is a major factor. Jobs and Pay: UBS relocation could put up to 12,000 Swiss jobs at risk, a union warns. Actual wages are set to rise 0.5% this year, below forecast inflation; manufacturing wages are up 0.3%. Industrial Supply: Swiss Steel has agreed a framework with Canada Nickel for access to about one million tonnes of low-carbon steel billets and blooms a year from 2030, subject to a commercial deal. Automation: Swiss firm Embotech and BMW have moved one million vehicles using automated driving technology across four production sites, with 3,500 vehicles handled daily. Retail: Migros plans to merge its ten regional cooperatives to improve efficiency. Research: Paul Scherrer Institute scientists have developed a method to identify and locate radioactive material from the air more accurately within seconds.
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