Category: Company

  • UBS halts payouts, investors wait up to three years

    UBS halts payouts, investors wait up to three years

    Since 25 March 2026, UBS Real Estate has suspended the redemption and issue of units of the UBS Euroinvest Immobilien fund. The liquid assets are no longer sufficient to fulfil investors’ redemption requests. The fund manages net assets of around 400 million euros, invests primarily in European office properties and already had several properties in the process of being sold. According to the German Investment Code, the suspension applies for up to 36 months.

    Three closures in three months
    The UBS fund is the first commercial property fund to close between 2008 and 2012 since the major fund crisis. Previously, two funds specialising in residential property had already closed. Wertgrund WohnSelect D in January and Fokus Wohnen Deutschland in February 2026 due to high redemption requests, faltering property sales and a lack of liquidity.

    Ten billion withdrawn
    Since January 2025, investors have withdrawn a net total of around ten billion euros from open-ended German property funds. Rising interest rates, weak transaction markets and ongoing property devaluations have eroded confidence. Property sales often take longer than six months due to restrictive bank financing, which puts a structural strain on liquidity. The rating agency Scope expects further cash outflows in 2026.

    Bafin doubts the risk class
    Bafin boss Mark Branson issued a public warning in March 2026. Small funds in particular could not rule out further closures. The supervisory authority also fundamentally doubts the previous risk classification of these products. What was sold to investors for years as a conservative, liquid investment turned out to be much more cumbersome than expected during the crisis.

    What investors need to check now
    Anyone invested in such funds should closely monitor liquidity reports and sales processes for the properties held. A redemption stop particularly affects those who are dependent on their capital in the short term. Anyone wishing to make a new investment should carefully check the fund size, property quality and holding periods. The crisis clearly shows that openness is not a sign of quality if the market for the properties behind it remains closed.

  • The Learning Factory is forging new links between industry, research and education

    The Learning Factory is forging new links between industry, research and education

    The Swiss Federal Institute of Technology Zurich (ETH) is planning to establish the ETH Learning Factory Zug within the Tech Cluster Zug – an industrial and innovation hub operated by Metall Zug AG. According to a press release, the Learning Factory will enable students, vocational trainees and experts from research and industry to work together on real-world challenges facing industry and society.

    The project is supported by ETH, the Canton and City of Zug, and a total of nine Zug-based companies. The Learning Factory will focus on topics such as industrial automation and digitalisation, sustainable systems and digital learning. Around 20 full-time positions are planned on-site for operations, teaching and research. The new learning and working environment is set to include modern workshops, digital learning spaces and meeting areas for interdisciplinary collaboration.

    The first phase is scheduled to last ten years and will cost a total of around 110 million Swiss francs. The Canton of Zug intends to contribute 55 million Swiss francs to the funding, and the City of Zug 27.5 million Swiss francs. Further contributions will come from business partners and from services provided by ETH.

    Political decisions still need to be made before implementation can begin. In addition to resolutions by the Cantonal Council and the Grand Municipal Council, a referendum is planned in the city of Zug. If approved, the refurbishment could begin in 2027, with commissioning planned for 2029.

  • Confidence in Swiss property is growing

    Confidence in Swiss property is growing

    According to a press release from EY Switzerland, 98 per cent of property investors continue to view the Swiss property market as attractive. The Zurich-based audit and advisory firm reports this in its latest “Property Investment Market Trend Barometer”. Last year, only 93 per cent expressed a positive interest.

    For the study, EY surveyed 96 experts and investors who have been actively involved in the Swiss property market in recent years. Of those surveyed, 35 per cent of investors rated the Swiss market as “very attractive” last year; in the new survey, this figure had risen to 46 per cent. Nine out of ten respondents believe that new-build activity can be significantly boosted by simplified, digitalised planning permissions. Three-quarters see digitalisation as a driving force, yet only 16 per cent already use artificial intelligence for their business operations.

    Residential property remains in vogue in the top nine centres (Basel, Bern, Geneva, Lausanne, Lugano, Lucerne, St Gallen, Zurich and Zug), whilst demand is lower in rural areas. Demand for office and logistics properties has risen in the centres. Office properties in particular are in greater demand, with a ratio of 58 per cent to 48 per cent (2025). In the logistics sector, the trend remained virtually unchanged: 51 per cent to 52 per cent (2025).

    “Geopolitical uncertainties – such as US tariffs, international trade conflicts, the war in Ukraine or global financial market risks – are having an increasing impact on the Swiss property market as exogenous disruptive factors, particularly in centres with a strong international focus,” says Daniel Zaugg, Sector Leader Real Estate, Construction & Building Materials at EY in Switzerland, quoted in the press release. “These effects are reinforcing existing trends towards regional polarisation by widening the gap between highly internationalised markets such as Geneva and Zurich and more domestically oriented regions. Nevertheless, Switzerland remains a politically and economically stable location overall – and in uncertain times even positions itself as a ‘safe haven’ for capital.”

  • The city is exploring new approaches to reducing waste and resource consumption

    The city is exploring new approaches to reducing waste and resource consumption

    The Government Council of Basel-Stadt is currently reviewing a pilot project with the Bern-based start-up Pretty Good aimed at the more systematic collection and repair of used or only slightly damaged everyday items. This is evident from a responseto a motion tabled in the Grand Council.

    The cantonal government refers to pilot projects carried out in Bern and Zug with Pretty Good. Their results showed that such an approach brings environmental benefits and is economically viable. However, these projects are not yet financially self-sustaining. This would also be the case for a pilot project in Basel. The cantonal government will therefore seek to bring further investors on board.

    If a pilot project goes ahead in Basel, the local second-hand goods and repair sector is to be involved. The aim is to build up a strong network of repair shops and sales outlets.

    Waste Management Recycling in the City of Bern and Pretty Good launched a pilot project in 2023, under which functional and slightly damaged everyday items could be handed in at two of the city’s waste collection centres. Of these, 74 per cent were refurbished, and almost 84 per cent of those were subsequently sold. A large proportion of the items were electronic goods. The project was supported by the industry association Swico, the Berner Kantonalbankand the Burgergemeinde Bern.

    Pretty Good is organised both as an association based in Langnau i.E. and as a limited liability company based in Bern. Following the pilot in Bern, the project was expanded to other locations in the canton of Bern and in Zug.

    The Basel Cantonal Government responded to a motion tabled by SVP member of the Grand Council Beat K. Schaller and other members of the Grand Council.

  • Weather conditions and impairment charges are weighing on business performance

    Weather conditions and impairment charges are weighing on business performance

    According to a press release, BKW generated revenue of CHF 4,543.6 million in 2025. In the previous year, the figure stood at CHF 4,772.3 million, representing a decline of 4.8 per cent. The decline in operating profit before interest and taxes was significantly more pronounced. In 2025, BKW posted a profit of CHF 561.0 million, compared with CHF 789.9 million the previous year. Net operating profit fell from CHF 550.4 million the previous year to CHF 351.1 million in 2025.

    BKW attributes the decline partly to a value adjustment on its stake in the Wilhelmshaven coal-fired power station on the North Sea coast of Lower Saxony. This adjustment amounts to CHF 113.7 million at the operating profit level and CHF 90.9 million at the net profit level. BKW holds a 33 per cent stake in the power station.

    Secondly, the weather-related decline in electricity generation from hydro and wind power weighed on the result in the Energy Solutions business segment. Even before the impairment charge, this was down 18.6 per cent on the previous year. The result of the Power Grid business segment, at CHF 130.6 million, was 7.0 per cent below that of the previous year.

    In contrast, the result of the Infrastructure & Buildings business segment rose significantly by 40.6 per cent to CHF 80.0 million. Revenue for the business segment remained constant at CHF 1.98 billion.

    BKW expects earnings of between CHF 650 million and CHF 750 million for 2026.

  • Successful job coaching from SVIT Zurich!

    Successful job coaching from SVIT Zurich!

    SVIT Zurich actively supports job searches in the real estate sector. Applicants are not left to their own devices: On request, they can receive targeted support when entering the real estate industry. An experienced real estate professional accompanies them as a personal coach, analyzes their initial situation together and defines effective measures for a successful job search. In this way, participants acquire additional skills that improve their application chances in the long term.

    The job placement service is free of charge for members and non-members alike, provided they have completed or are currently attending the “Career changer assistant in real estate management and marketing” or “Real estate management clerk” course at SVIT Zurich in Oerlikon. With this offer, the association is making an active contribution to combating the shortage of skilled workers and at the same time ensuring that the candidates placed have a sound basic education in the industry at SVIT Zurich.

    More and more members are making use of this qualified specialist resource – with consistently positive feedback. They benefit from the opportunity to build up new team members according to their needs and deploy them in the long term. In addition, many candidates bring valuable additional skills from their previous professional life.

    Interested parties can register by sending an e-mail to diana.waly@svit.ch. SVIT Zurich has an official permit from the Canton of Zurich for private employment agencies.

    Further information on the process and application videos of current candidates can be found at the following link:

    https://www.svit.ch/de/svit-zuerich/themen-services/einstieg-die-immobilienbranche-bewerbungsvideos-quereinsteiger

  • New production facility strengthens international industrial location

    New production facility strengthens international industrial location

    The new global Toblerone competence center in Bern now covers 90 percent of global demand for the iconic triangular chocolate. Guy Parmelin officially inaugurated the expanded plant on March 10. “We are incredibly proud of the new Toblerone production line and the modernization of logistics and infrastructure,” said plant manager Thomas Kauffmann in a press release.

    Mondelēz International, the Chicago-based parent company of Bern-based Mondelez Schweiz Production GmbH and Mondelez Schweiz GmbH in Opfikon, has invested 65 million Swiss francs in the installation of this new, state-of-the-art production line. This is one of the largest investments in the company’s chocolate production network in the past ten years.

    “If there is one product that represents Switzerland worldwide, it is chocolate,” said Parmelin in his speech, according to the press release. “And Toblerone has a very special place among Swiss chocolates.” It is “a symbol of Swiss identity and quality par excellence. Identity and quality. As President of the Swiss Confederation and Minister of Economic Affairs, I am therefore particularly pleased that around 90 percent of Toblerone production will continue to be made here in Bern on this new production line.”

    Toblerone is exported from Switzerland to more than 120 countries around the world. As Mondelēz emphasizes, the iconic 118-year-old brand is well positioned to grow globally in the premium segment, benefiting from its high brand awareness and leadership position in the World Travel Retail business. “We have always been proud to manufacture here in Switzerland,” said Iain Livingston, President for Toblerone and World Travel Retail. “The investment underlines our strong commitment to the site and is a key milestone on our journey to lead global growth in the premium chocolate segment.”

  • Industrial firm stabilises turnover and invests in new sites

    Industrial firm stabilises turnover and invests in new sites

    According to a press release, the Kistler Group managed to keep its turnover stable in 2025: at 424 million Swiss francs, it fell by 1 per cent on a currency-adjusted basis and by 5 per cent in Swiss francs. The company cites the strong Swiss franc in particular as a negative factor, but also the stagnating German automotive industry and geopolitical and economic uncertainties, including those related to US tariff policy. Order intake fell short of the company’s expectations, down 2 per cent on a currency-adjusted basis and 6 per cent in Swiss francs.

    “My first year as CEO was challenging, but we have set an important course – including through adapted regional structures that enable us to respond even more flexibly to varying market conditions,” Marc Schaad is quoted as saying. He is cautiously optimistic about the 2026 financial year. “We plan to continue growing through targeted investments, particularly in Asian markets such as China.”

    For Asia, Kistler is planning a new headquarters in the Malaysian capital, Kuala Lumpur. In the US, Kistler has strengthened its management team. In Germany, the focus is on developing new applications to offset declining sales in the automotive sector. New products are also set to contribute to the Group’s growth in 2026. Nine per cent of revenue is channelled into research and development.

    In Winterthur, Kistler is pressing ahead with preparations for a new, highly automated sensor factory. “The smart factory is a long-term investment for us and a clear commitment to Winterthur as a location,” said Schaad. The company is currently “in an intensive planning and clarification phase”.

  • Modern office location underscores strategic development

    Modern office location underscores strategic development

    The Landis Gyr Group is moving into new headquarters. The Zug-based energy management specialist, which operates worldwide, is relocating to a new state-of-the-art office building within Cham, Landis Gyr announced in a press release. The new global headquarters is located at Alte Steinhauserstrasse 14, just a few steps away from the old headquarters on the same street. This will ensure a smooth transition, the press release states.

    “With the new headquarters, we are sending a clear signal of continuity and innovation,” Landis Gyr CEO Peter Mainz is quoted as saying in the press release. “Cham remains a key location for us, where we are shaping the future together with our employees and partners.” Mayor Georges Helfenstein interprets the move within Cham, among other things, as “the result of the municipality’s forward-looking and reliable economic management”.

  • Multi-domain strategy strengthens position in the digital marketplace

    Multi-domain strategy strengthens position in the digital marketplace

    Schoop Co.,a family-run business based in Baden specialising in landscaping, roofing and solar installations, is now adopting a multi-domain strategy. The main company website has been split into specialist sections covering landscaping, roofing and photovoltaics, as well as the company’s own careers portal. According to a company statement, the division into four domains is intended to improve online reach and visibility.

    Search engines and artificial intelligence (AI) assistants favour websites with a clear focus, according to Schoop Co. The multi-domain strategy, with its four specialised websites, is therefore intended to help customers and job seekers find the relevant Schoop site more quickly.

    Whilst Schoop Gardening specialises in the design, maintenance and construction of gardens, Schoop Roofing is the point of contact for the renovation, construction and maintenance of all types of roofs, as well as for green roofs, terraces and fall protection. At Schoop Photovoltaik, customers can access a full range of services relating to solar installations – from consultation and planning through to professional installation. Finally, Schoop Karriere is aimed at job seekers looking for a career at Schoop in the fields of flat roofing, solar technology or landscaping.

  • Global employer rating strengthens position in the competition for talent

    Global employer rating strengthens position in the competition for talent

    Holcim has secured the Global Top Employer award from the Top Employers Institute for the second year running. According to a press release, a total of 27 Holcim subsidiaries across all regions have been certified as Top Employers. With 27 certified markets, Holcim achieved a global score of 87 per cent, thereby exceeding the global benchmark.

    The Top Employers Institute rated Holcim particularly highly in the areas of Ethics & Integrity, Learning and Business Strategy. These results reflect the performance-oriented corporate culture that drives the Group’s NextGen Growth 2030 strategy, the press release states.

    “A strategic growth driver of our NextGen Growth 2030 strategy is our performance culture and the value we create for employees, customers and shareholders. We call this the Holcim Spirit, which is focused on purpose, people and performance,” CEO Miljan Gutovic is quoted as saying. “This award belongs to our more than 45,000 colleagues who embody the Holcim Spirit every day and make Holcim an outstanding place to work.”

    For the Top Employer award, companies are assessed against global standards in the areas of career development, learning, well-being and remuneration. Companies recognised as Global Top Employers must also be certified as regional Top Employers in a minimum number of countries and regions – including the country where their global headquarters are located.

    Holcim is headquartered in Zug, Switzerland, and employs more than 45,000 people globally across 43 markets, including Europe, Latin America, Asia, the Middle East and Africa.

  • Land belongs to everyone – except SBB owns it itself

    Land belongs to everyone – except SBB owns it itself

    At the end of the 1990s, Parliament separated SBB from the federal government. This gave it the freedom to manage its most valuable asset. Huge plots of land in prime locations throughout Switzerland. There were no clear specifications as to how many apartments should be built and at what prices. The Federal Council merely demanded that the proceeds flow into the pension fund and the railroad infrastructure. This was the birth of a system that is still a source of controversy today.

    3.5 billion for whom?
    Since 2003, CHF 3.5 billion has flowed from the SBB real estate portfolio into the railroad infrastructure. SBB sees this as a contribution to society. Carlo Sommaruga, SP member of the Council of States and President of the Swiss Tenants’ Association, takes a different view. SBB has “almost fully exploited” the financial value of its properties at the expense of the social component. It is particularly offensive that parts of these properties were once expropriated in favor of the former state-owned company.

    Europaallee as a mirror
    The prime example is in the middle of Zurich. A 4-room apartment on Europaallee costs around CHF 5,000 per month. For the tenants’ association, the project has become a symbol of real estate speculation with public land. SBB counters that it is a fair landlord and that its apartments are on average below the market price. But the impression of maximum densification for maximum profits persists.

    Lausanne escalates
    In Lausanne, the conflict is coming to a head. The “La Rasude” project right next to the train station is set to accommodate around 500 residents and 1,200 jobs. However, only 20 percent of the living space is earmarked for moderate rents, even though SBB officially promises to rent out more than half of its apartments at low prices. The result is now almost 1000 objections. Construction work could start in 2029 at the earliest.

    The framework is lacking
    Salomé Mall, Head of Development at SBB Real Estate, emphasizes that the profits are used for rail operations and relieve the burden on the public purse. The argument is understandable, but falls short. As long as there are no legal requirements for housing shares and rents, the orientation towards the common good remains voluntary.

  • Artificial intelligence: Absolutely, but..

    Artificial intelligence: Absolutely, but..

    Whether the English “AI” or the German “KI” – artificial intelligence is currently omnipresent. How its impact is assessed depends heavily on the perspective of the individual: For some, the opportunities outweigh the risks, while others primarily see risks. However, one thing is undisputed: the technology is here to stay.

    For us as a digital real estate platform, an open approach to technological innovation has always been part of our DNA. With ImmoScout24 and Homegate, we have been actively shaping the real estate market for over two decades. Our principle also applies here: AI must not be an end in itself, but should act as an unprecedented “enabler”. After all, the true potential of these two letters lies in the accelerated development, smart expansion and enhancement of innovative products that can create real added value and achieve daily efficiency gains.

    In the professional real estate sector in particular, the benefits of AI can be seen in its productive integration into existing, established processes. While this enables us as platforms to develop market-oriented products in a more agile way, it creates new efficiency gains for brokers and property managers in their day-to-day operations. The decisive factor is not the technology itself, but its real contribution.

    Two examples from the SMG Real Estate ecosystem illustrate this:

    • Our AI-based listing text creation saves an average of 14 minutes per listing. Extrapolated to an entire portfolio or a marketing campaign, this results in a substantial gain in productivity. The time saved can be invested specifically where it makes the biggest difference – in consulting, negotiation and customer relations. Anyone who instead advertises on ImmoScout24 or Homegate as a private individual can use this new intelligent function to partially compensate for a lack of marketing experience.
    • The new “Insight Hub” for real estate professionals provides AI-driven answers to questions about the potential and performance of listings that were previously difficult to narrow down. Every week, real estate agents and managers receive an overview of the listings with the greatest potential for improvement, including specific recommendations for action and the expected increase in visibility.

    This is just a small excerpt, plus numerous current developments at SMG Real Estate, including “Agentic AI”, a digital companion for real estate professionals in their day-to-day work – from the transcription of meeting notes to seamless CRM integration. But more on that in the near future. At the same time, technological innovation requires continuous investment – especially in cybersecurity. After all, it’s not just the right players who benefit from AI. State-of-the-art protection mechanisms, two-factor authentication, integrated access controls, etc. are essential to secure data and effectively prevent attempted fraud. Trust remains the central currency in the real estate market – especially in the digital one.

    But thanks to these targeted, ongoing investments in AI applications, we at SMG Real Estate are actively continuing to shape our role as the “digital shaper” of the Swiss real estate industry. Our goal is and remains first and foremost to make real estate professionals not only more efficient, but also more successful in the long term. This is also what our vision stands for: “Next-Gen Swiss Real Estate – digital and simple.”

  • The turnaround is real USZ turns positive

    The turnaround is real USZ turns positive

    Anyone driving through the Hochschulquartier will see it immediately. Cranes. Building pits. Large construction site. Campus Mitte is being built and with it the ambition to redefine cutting-edge medicine in the long term. The investments are underway. The question has long been, how will the balance sheet support this? Now there is an answer.

    The turnaround is real
    36 million francs profit. For the first time since 2019. A year earlier, a loss of 31 million francs. The contrast is clear and the direction is right.
    Inpatient cases rose by just under 3 percent, outpatient visits by 5 percent to around 882,000. More patients, better capacity utilization, more consistent processes. The result is no coincidence. The turnaround is real. The work has only just begun.

    Digitalization is paying off
    Since CEO Monika Jänicke took the helm in 2023, the clear strategy “USZ 2030” has been in place. More efficient processes, greater digitalization, focused medicine. The EBITDA margin rose from 2.9 to 6.6 percent. Strong, but not yet at the finish line. As the owner, the canton is demanding 10 percent. At the same pace, this can be achieved in 2026. The target for the equity ratio, just under 40%, has already been met.

    The canton is moving with
    Investments are running in parallel with the increase in earnings. Around CHF 100 million was invested in real estate in both 2023 and 2024. The canton is supporting the project and is borrowing CHF 690 million on the capital market. This at better conditions than the hospital itself would ever receive and passes the money on.
    The retained earnings, which fell to under 200 million francs in 2024, have now risen again to around 230 million francs. The cushion is growing.

    Not just the USZ
    The positive trend is not an isolated case. Winterthur Integrated Psychiatry closed 2025 with a profit of CHF 1.8 million. After red figures in the previous year. Patient numbers up 5 percent. This shows that cantonal healthcare institutions are responding to cost pressure with structure, efficiency and clarity.

  • The digital elite: the top 10 PropTechs in Switzerland 2020-2025

    The digital elite: the top 10 PropTechs in Switzerland 2020-2025

    1. properti
    properti is one of the leading Swiss providers of digital real estate brokerage. The company combines the expertise of experienced estate agents with its own platform (Propchain®), on which properties can be listed, brokered and linked with service partners. properti covers various segments: Luxury real estate, investment properties and commercial real estate. By digitizing the brokerage process, customers can find suitable properties more quickly and brokers can work more efficiently. The startup has received several awards as Switzerland’s #1 PropTech and shows how traditional sectors can be transformed with digital technology. The business model is scalable, both nationally and internationally, and the platform serves as a central hub for all players in real estate brokerage. Under CEO Levent Künzi, the company is growing continuously and establishing itself as an innovation leader.

    2. PriceHubble
    PriceHubble uses big data and artificial intelligence to provide accurate real estate valuations and location analysis. The company processes millions of data points and creates market forecasts to help investors, brokers and banks make decisions. With offices in Zurich, Berlin, Paris and Tokyo, PriceHubble has an international presence and shows that Swiss PropTechs are globally relevant. Strategic partnerships, such as with Check24 or WealthPark, further strengthen its market position. The Fintech Germany Award 2023 in the PropTech category underlines the company’s innovative strength. The company was able to significantly expand its market presence with Series B financing of USD 34 million. PriceHubble is a prime example of how data-driven solutions are revolutionizing the real estate industry.

    3. Crowdhouse
    Crowdhouse is the leading platform for crowdinvesting in Swiss investment properties. Investors can acquire shares in properties for as little as CHF 100,000 and thus benefit from the Swiss real estate market without owning the properties directly. The platform manages over 1,600 investors and a real estate volume of CHF 2.1 billion. The recurring investor rate of 55% is particularly strong, indicating trust and stable performance. Crowdhouse digitizes and simplifies the real estate investment process considerably. It offers detailed information on properties, forecast returns and transparency in management. The startup has thus created a scalable model that benefits investors and project developers alike.

    4. Flatfox
    Flatfox digitizes the rental process for apartments and houses in Switzerland. The platform enables owners, estate agents and property managers to create listings, manage interested parties and control communication centrally. flatfox was acquired by Mobiliar in 2021, underlining its market position and relevance. Brokers can use all major Swiss real estate portals via the platform, which significantly reduces the effort involved. Flatfox thus solves a classic problem in the real estate industry: fragmented and inefficient communication between tenants, brokers and administrators. The combination of an intuitive platform and integration into existing systems makes the company successful.

    5. Houzy
    Houzy offers a comprehensive digital ecosystem for homeowners. The platform supports users with valuations, renovations, planning and networking with tradespeople and service providers. It is free for users, while partners pay for referrals. With over 100,000 registered users and 3,500-5,000 new users per month, the platform shows enormous growth potential. Investors such as UBS and Baloise underline the confidence in the business model. Houzy makes it easier for homeowners to manage complex tasks that used to be time-consuming and confusing, combining digital tools with practical services. The startup has thus established a leading position in the Swiss home ownership segment.

    6. Archilyse
    Archilyse is an ETH spin-off that automatically converts 2D floor plans into 3D BIM models and analyzes them digitally. Over 100 qualitative features such as visual axes, lighting conditions and energy consumption are evaluated. This enables architects, investors and real estate developers to objectively assess the quality of a project. With YoY ARR growth of over 250%, Archilyse demonstrates high scalability. The software solves a fundamental information problem in architecture: the objective comparison of properties. The company combines technological depth with practical application and shows how digital tools can revolutionize planning and evaluation processes.

    7. viboo
    viboo develops AI-based thermostats and intelligent building automation solutions for non-residential buildings. The aim is to minimize energy consumption without compromising comfort. Pilot projects show energy savings of up to 22% and a CO² reduction of 13 tons per school. Over 5,000 thermostats are already in use, supported by funding of €3.3 million. The company combines sound research from ETH and Empa with practical solutions for the market. viboo shows how ClimateTech and PropTech can be combined in practice. Through measurable savings and intelligent control, the start-up is establishing itself as a leading provider in Switzerland.

    8. Scandens
    Scandens is an AI-based software solution for refurbishment and investment planning for buildings. It automatically simulates over 500 renovation combinations and simultaneously optimizes profitability and CO² reduction. The start-up addresses a key Swiss problem: the low renovation rate of buildings. Through partnerships, for example with HEV Zurich, the solution is also made available to private owners. As an ETH spin-off, Scandens combines technological depth with practical relevance. The company shows how AI can make renovation planning more efficient and sustainable.

    9. vyzn
    vyzn develops web-based 3D/BIM software for sustainability analyses in new construction and renovation projects. The platform supports certifications such as Minergie or SNBS and analyzes the entire life cycle of a building from construction to use to demolition. vyzn enables planners and architects to reconcile costs, sustainability and quality. The solution has been recognized internationally, including as a semi-finalist in the EXPO REAL Impact Awards. As an ETH spin-off, vyzn demonstrates the combination of academic research and practical application. The start-up is clearly positioning itself in a growing market segment for sustainable and efficient construction planning.

    10. Immowise
    Immowise digitizes the management of condominiums and owners’ meetings. The platform supports owners and property managers with budget planning, news communication, cost estimates and meetings. It simplifies previously fragmented processes and significantly reduces administrative work. Since its foundation in 2021, Immowise has expanded from western to German-speaking Switzerland. With practical solutions and a clear focus on the Swiss real estate market, Immowise offers increased efficiency and transparency for communities of owners. The company shows how digital tools can revolutionize traditional management tasks.

  • AI as a competitive factor in the real estate industry

    AI as a competitive factor in the real estate industry

    Why the breakthrough is possible right now
    Current market analyses show a clear picture: AI has arrived in the industry. As part of an industry-wide market analysis, 55 AI solutions were examined and 24 specific use cases for the construction and real estate industry were derived. The study showed that most solutions can be found in the utilization and operation phase.

    The reason is obvious: large amounts of data are generated during operation, processes are recurring, efficiency pressure is high and sustainability targets are ambitious. This is where AI is already delivering measurable added value.

    In the planning phase, however, AI solutions have so far only been available in isolated cases. This is surprising in that there is a lot of potential for the use of AI in this phase in particular, for example in areas such as energy consumption and operating costs.

    Three areas of benefit that can make all the difference
    PLANNING & DEVELOPMENT
    Still little used, but strategically highly relevant. AI can optimize construction and resource plans or support operational processes on the construction site. In times when operational efficiency is becoming increasingly important, such tools could make all the difference.

    OPERATIONS & MANAGEMENT
    The current playing field of AI. From automated control of technical systems to optimized cleaning and waste processes and digital customer communication. Contract reviews and data management are also increasingly being supported by AI. This is already achieving a measurable boost in productivity.

    PORTFOLIO, INVESTMENT & STRATEGIC MANAGEMENT
    For owners, investors and portfolio managers, the added value lies more at the management and analysis level: data-based valuation models, portfolio analyses or the identification of CO2 savings potential enable well-founded decisions and thus strategically optimized management of real estate portfolios.

    What successful AI projects really need
    Artificial intelligence is not a sure-fire success. Three factors determine success or failure:

    • Data basis & governance: without clean, structured data, AI tools remain ineffective. Companies need to analyse their data quality, processes and IT infrastructure and optimize them if necessary.
    • Strategic anchoring: It is not the technology that should drive the use of AI, but a clear, strategic goal such as increasing efficiency, reducing costs, sustainability or portfolio optimization.
    • Realistic expectations & suitable implementation strategy: Many of the solutions identified are still at the pilot stage. A step-by-step approach, for example using low-code platforms or proven tools, can help to gain initial experience and then scale up.

    Conclusion: Shaping the future instead of waiting
    Artificial intelligence opens up many opportunities for the real estate industry: it can make processes more efficient and decisions more informed, reduce operating costs, promote sustainability and strategically manage portfolios. For organizations that consciously and strategically invest in AI today, it will become a differentiating factor across all phases of the real estate life cycle. However, the key lies not in the technology, but in a clear vision, a solid data foundation and appropriate implementation.

  • Digital Agenda connects events in the Limmat Valley

    Digital Agenda connects events in the Limmat Valley

    Limmatstadt AG has launched a joint digital events calendar in collaboration with municipalities and business associations in the Limmat Valley. Events relating to business, culture, sport, clubs and municipalities are recorded centrally and then automatically published on various channels and displayed collectively on the Limmatstadt website. According to a press release, the initiative aims to raise the profile of the region, exploit synergies, reduce administrative costs and strengthen and further develop the Limmattal region as a place to live and do business.

    “With the digital event calendar, we are highlighting everything the Limmat Valley has to offer – and at the same time strengthening cooperation in the region,” said Stephanie Kiener, Managing Director of Limmatstadt, in the press release.

    The technical basis for the calendar is the guidle platform. Event organisers enter their events once in a central location. These then appear on the regional calendar and, depending on the connection, on the websites of the respective municipalities and partner and media platforms. The solution thus creates transparency and visibility and enables simpler processes and efficient use of resources without overlaps.

    The digital event agenda was supported and financed by the municipalities of Aesch, Dietikon, Geroldswil, Oetwil an der Limmat, Oberengstringen, Schlieren, Spreitenbach, Uitikon, Unterengstringen, Urdorf and Weiningen, as well as the Dietikon Industry and Trade Association and the Schlieren Chamber of Commerce.

    “The new digital event calendar brings the Limmattal region even closer together – visible, connected and strong together,” the press release states.

  • Digital tool assesses sustainability of events

    Digital tool assesses sustainability of events

    The Swiss Association for Sustainable Events (SVNE), based in Basel, has further developed its Clean Event platform. Under the new name Eventkit, it offers a uniform tool for planning and evaluating the sustainability of events. This tool can be used by both organisers and the approving authorities. According to a press release, the bilingual Eventkit platform also integrates the KITmanif platform, which was developed by the city of Lausanne and the canton of Vaud.

    Eventkit uses criteria formulated by experts in cities, cantons, federal offices and partner associations to evaluate events. These are grouped into clear categories ranging from management and communication, catering, traffic and transport, materials and waste, nature and landscape, health and prevention, inclusion and equal opportunities to the economy.

    A maximum of 340 points are awarded in total. 31 of the 58 criteria are scored with four points, while 27 criteria count double.

    The circular economy plays a central role. For example, catering is also assessed on the basis of whether there is a concept in place to avoid food waste. This includes avoiding disposable products and distributing free samples or flyers, as well as ensuring the return of reusable and recyclable disposable containers. Any damage to natural areas is repaired. Preference is given to the regional economy.

    Thanks to broad support, Eventkit is available free of charge to all interested event organisers. “With Eventkit, we are creating the first Switzerland-wide standard with target values that motivate events to gradually strengthen their sustainability,” SVNE President Marianne Gehring is quoted as saying in the press release.

  • AI and sensor technology are transforming concrete production

    AI and sensor technology are transforming concrete production

    Sika AG has entered into a distribution partnership with Canadian company Giatec Scientific Inc. Giatec’s range of digital technologies for the construction sector is to be integrated into Sika’s global product portfolio, according to a statement issued by the Zug-based specialty chemicals company. The aim of the business agreement is to drive forward digitalisation in the concrete industry worldwide.

    Giatec Scientific Inc., headquartered in Ottawa, Ontario, is a global provider of sensors, software solutions and artificial intelligence (AI)-powered data analysis systems. The use of digital technologies in construction is on the rise. According to the press release, this is demonstrated by figures from the global market research and consulting firm Fortune Business Insights. According to these figures, the global market for AI in the construction industry is expected to grow from CHF 4.7 billion in 2026 to CHF 27.5 billion by 2034. This corresponds to an average growth rate of 24.8 per cent per year.

    Sika and Giatec want to combine their strengths to provide customers with high-quality concrete data in real time, according to the announcement. “By combining the most advanced technologies, we are opening up new opportunities for our customers worldwide in terms of efficiency, quality and sustainability. At the same time, we are strengthening our ability to create additional value through digital innovation,” said Ivo Schädler, Head of Construction and member of the Group Executive Committee.

    AI-supported quality control and optimisation of concrete mix designs would offer the construction industry the opportunity to precisely optimise the amount of cement and aggregates used. This would enable efficiency gains, cost savings and CO2 reductions while simultaneously increasing performance on the construction site.

  • Temporary construction specialist expands into the Western Balkans

    Temporary construction specialist expands into the Western Balkans

    Hüttwilen-based Nüssli has opened its own office in the Serbian capital Belgrade. With this initiative, the company, which specialises in temporary structures, aims to expand its presence in the Western Balkans. According to a press release, the office opening also serves to prepare for Expo 2027, which will take place in Belgrade from 15 May to 15 August 2027.

    The theme of Expo 2027 will be: Play for Humanity – Sport and Music for All. With its experienced teams, Nüssli offers to support countries and organisations as a comprehensive partner from the conception to the realisation of pavilions and projects. The Thurgau-based company offers pavilion architecture, exhibition design and special solutions such as façade designs, sculptures and exhibits that can showcase countries’ presentations visually and spatially.

    Nüssli was responsible for five country pavilions at Expo 2025 in Osaka. Four of them received the Official Participant Awards from the Bureau International des Expositions (BIE) at the end of the Expo.

  • Telecommunications provider strengthens regional digital infrastructure

    Telecommunications provider strengthens regional digital infrastructure

    Datapark AG, based in Wil, has been part of EKT Holding AG, based in Arbon, since 23 February. The Thurgau-based energy supplier is also considering a merger with EKT and the integration of Datapark into its Digital Services division. The eleven jobs in Wil will be retained.

    As an internet service provider, Datapark has its own backbone as part of the internet in eastern Switzerland. It offers services for cable network operators, including network planning, internet connectivity, site networking and customer management systems.

    Datapark was founded in 1997 by André Otto and taken over by Martin Kaiser in 2020. With the takeover of the company by EKT Holding, Kaiser is now arranging his own succession. “The integration into the EKT Group offers several positive factors,” he is quoted as saying in the announcement. “On the one hand, we can further expand our strengths in operations, network technology and specialised solutions, and on the other hand, we benefit from the strong market position of the EKT Group. Together, we are creating an even more powerful, regionally anchored digital offering for our customers.”

    Andreas Plüer welcomes Datapark to the EKT Group. “With this long-established company, we are gaining a partner that has been setting standards in network technology, operations and customer service in eastern Switzerland for years,” the head of EKT’s Digital Services business unit is quoted as saying in the press release. Following the takeover, the EKT Group now employs 200 people.

  • Power generator continues to invest in flexible energy production

    Power generator continues to invest in flexible energy production

    According to a statement,Alpiq achieved net sales of CHF 5,920 million in 2025. In the previous year, this figure was CHF 6,366 million. Adjusted earnings before interest, taxes and depreciation amounted to CHF 572 million, CHF 310 million less than in the previous year.

    The Lausanne-based electricity producer attributes the significant decline primarily to the unplanned outage of the Gösgen nuclear power plant, in which it holds a 40 per cent stake. The nuclear power plant has been off the grid since May 2025 due to the modernisation of its water supply system. Energy trading generated a negative result of CHF 35 million in 2025. In the previous year, it had achieved a positive result of CHF 30.1 million.

    Alpiq’s financial position is strong, with an equity ratio of 61 per cent. The company is therefore focusing on further investments in its growth areas and is paying a dividend of CHF 230 million.

    “We are positioning Alpiq for the future: our strategy is focused on flexibility, modernising power plants and customer-oriented energy solutions,” CEO Antje Kanngiesser is quoted as saying in the press release. “This will consolidate our contribution to the future of energy in Europe.”

  • Building materials industry records profitable growth

    Building materials industry records profitable growth

    According to a statement, the Zug-based building materials group Holcim achieved annual sales of CHF 15.7 billion in 2025, representing growth of 3.0 per cent in local currency. Recurring EBIT (earnings before interest and taxes) rose to CHF 2.88 billion (10.3 per cent). The recurring EBIT margin improved by 80 basis points to an “industry-leading” 18.3 per cent. Earnings per share before impairment and disposals increased by 5.0 per cent to CHF 3.22. There were sharp declines in consolidated profit (-73.4 per cent to CHF 387 million) and earnings per share (-73.1 per cent to CHF 0.70). This was “characterised by a non-cash effect caused by exchange rate changes on the divestment of Holcim’s business in Nigeria”.

    Profitable growth accelerated particularly in the fourth quarter. Recurring EBIT increased by 12.2 per cent to CHF 601 million in local currency. Quarterly sales amounted to CHF 3.82 billion, representing growth of 3.4 per cent in local currency.

    By product line, Building Materials recorded organic sales growth of 5.1 per cent to CHF 11.56 billion. Building Solutions, on the other hand, posted an organic sales decline of 1.6 per cent to CHF 5.85 billion.  Regionally, Europe saw a decline in sales (organic -2.4 per cent), while recurring EBIT rose by 7.4 per cent to CHF 1.47 billion. The margin was 17.0 per cent. In Latin America, sales grew organically by 4.9 per cent to CHF 3.09 billion, while recurring EBIT declined slightly by 0.5 per cent organically. In Asia, the Middle East and Africa, sales grew organically by 10.0 per cent to CHF 3.62 billion. Recurring EBIT rose organically by 20.5 per cent, with the margin reaching 24.6 per cent.

    An important growth driver for Holcim in 2025 was the 21 transactions completed, 18 of which had a value-enhancing effect. In the announcement, CEO Miljan Gutovic thanked the 45,000 employees: “Together, we have achieved all our goals for 2025.” For 2026, the Group expects organic revenue growth of 3 to 5 per cent and an organic increase in recurring EBIT of 8 to 10 per cent. The company also expects a further improvement in the recurring EBIT margin.

  • Federal government conducts consultation on location promotion

    Federal government conducts consultation on location promotion

    The Federal Council has opened a consultation process on the message on location promotion for the first time. According to a statement, it is set to run until 1 June 2026. The Federal Council is submitting five financing decisions to Parliament for the years 2028 to 2031, with a total volume of CHF 392.21 million. Location promotion is to be carried out through SME policy, tourism policy, regional policy, export promotion and location promotion.

    The focus is on three key areas of location promotion: reducing the administrative burden on SMEs through digitalisation, facilitating SMEs’ access to international markets and, finally, strengthening the regions economically. Among other things, the expansion of the EasyGov.swiss platform will create a marketplace for digital services provided by the federal government and the cantons. With regard to international markets, the federal government supports export-oriented companies with information, advice and the use of export risk insurance. In the area of regional location promotion, the federal government supports tourist destinations and economic projects in rural areas, mountain regions and border regions.

    Despite the high budget, planning shows a decline of 5.2 per cent compared with the previous period, taking into account the special Covid and recovery payments and the 2027 relief package.

  • Building services engineering group expands in Engadin

    Building services engineering group expands in Engadin

    The Burkhalter Group has acquired Caotec SA, based in Brusio, which specialises in heating, ventilation, air conditioning and sanitation technology (HVAC). The acquisition of Caotec SA will enable the Burkhalter Group to provide HVAC services in the Upper and Lower Engadine and Valposchiavo regions in future.

    According to a statement, the acquisition is also part of the Burkhalter Group’s targeted acquisition strategy, which already saw it acquire Gattiker Elektro GmbH in Uster, Canton of Zurich, and Mathieu Ingenieure AG in Visp, Canton of Valais, in 2025.

    The newly acquired Caotec AG employs 17 people and most recently generated annual sales of around CHF 4.9 million. The company will continue to operate as an independent group company of Burkhalter Holding AG under the current management of Dario Cao. The name Caotec SA will be retained and all employees will be taken on.

    The Burkhalter Group is a full-service provider of cross-trade building technology, particularly in the areas of heating and cooling, ventilation and air conditioning, sanitation and electrical engineering. The group is headquartered in Zurich.

  • Architect takes over operational management of the company

    Architect takes over operational management of the company

    fsp Architekten AG has appointed Raman Misinovic as its new Chief Operating Officer. Together with CEO and owner Christoph Kaech and Selim Manjusak, Chief Digital Officer and Chief People Officer, he will be responsible for the strategic and operational development of the company, according to a press release. Misinovic previously spent several years as a project and team leader at fsp and later worked as an independent architect.

    “Raman has known us for many years,” the press release states. “His architectural experience, entrepreneurial vision and understanding of integrated processes shape his work. In recent years, he has further honed these perspectives and is now bringing them to bear in his new role at fsp.”

    Raman Misinovic completed his bachelor’s degree in architecture at the Zurich University of Applied Sciences (ZHAW) in 2012. He then continued his education at the University of Applied Sciences and Arts Northwestern Switzerland (FHNW) and Stanford University, receiving his master’s degree in virtual design and construction and digital building from the FHNW in 2016.

    Misinovic worked as a project and team leader at fsp between 2013 and 2021. He later worked as an owner and independent architect at RAUMKO GmbH and IMMOMIS GmbH. He now wants to contribute his in-depth knowledge of architecture, organisation and processes to the management of fsp Architects. “Together with Christoph Kaech and Selim Manjusak, we are shaping the further development of fsp – networked, entrepreneurial and with a clear commitment to quality and cooperation,” he explains in a statement.

  • Transformation into an indoor climate specialist is proving effective

    Transformation into an indoor climate specialist is proving effective

    According to a statement, the Zehnder Group increased its turnover by 8 per cent to €760.7 million in the 2025 financial year. The ventilation segment in particular recorded strong demand, while turnover in the radiator segment continued to decline. The Group’s EBIT (earnings before interest and taxes) grew by 348 per cent to €63.4 million. In the previous year, one-off effects amounting to €35.9 million as a result of targeted portfolio adjustments and production relocations had weighed on earnings. Net profit in 2025 was €47.8 million, following a net loss of €2.4 million in the previous year. Operating cash flow also improved significantly to €80.0 million.

    The ventilation segment was a particular growth driver. Its sales rose by 18 per cent to €501.7 million in 2025. The acquisition of Siber in 2024 contributed around 5 per cent to growth in the segment. The ventilation segment’s share of total sales thus increased to 66 per cent, up from 60 per cent in the previous year. In regional terms, sales in the EMEA region (Europe, Middle East, Africa) rose by 23 per cent to €403.3 million, and in North America by 7 per cent to €76.1 million. In Asia-Pacific, however, sales fell by 10 per cent to €22.3 million.

    The radiator segment, on the other hand, recorded an 8 per cent decline in sales to €259.0 million. Its share of total sales fell from 40 to 34 per cent. The main reasons for this were weaker renovation activity in Europe and a trend towards cheaper radiator models.

    Zehnder expects demand for energy-efficient indoor climate solutions to continue to grow in the current financial year. Following its accelerated transformation from a radiator manufacturer to a leading provider of indoor climate solutions, the company intends to consistently exploit opportunities in the ventilation market, according to the announcement. In the medium term, Zehnder expects average annual sales growth of around 5 per cent and an EBIT margin before one-off effects of 9 to 11 per cent.

  • Digitalization in the real estate industry: progress with headwinds

    Digitalization in the real estate industry: progress with headwinds

    The industry’s digital maturity level has fallen slightly in 2025. This is shown by the Digital Real Estate Index 2025: on a scale of 1 to 10, the level of digitalization in the real estate industry currently stands at 4.0 points, a decline compared to the previous year (2024: 4.6 points). There are many reasons for this. Increasing complexity, insufficient data quality, cost pressure. This development affects almost all company sizes and roles, but to varying degrees.

    The digital divide is deepening
    The digital divide is particularly evident when it comes to company size. Although the decline affects all categories, small companies in particular are struggling the most with the cost and financing of digitalization. Medium-sized and large companies are able to maintain their lead to some extent.

    Changing roles
    There are major differences between the various roles. Facility management service providers and property managers were even able to slightly increase their digital maturity. The situation is different for planners, construction companies, owners and investors: Here, disillusionment is spreading with regard to digital maturity. In particular, the consistent use of Building Information Modeling (BIM) across the entire life cycle remains a major challenge. In turn, users and tenants are more critical of their digital maturity than in the previous year.

    Perceived stagnation instead of a spirit of optimism
    The industry’s perception is increasingly in line with the measured values. An increase in critical assessments could already be observed in the previous year. This trend is even more pronounced this year. The majority of respondents speak of stagnation rather than major progress.

    Technologies: Benefits recognized, limited use
    Artificial intelligence has found its place in the industry’s consciousness. In the ranking of the most useful digital technologies, Artificial Intelligence & Machine Learning occupies third place. Given the rapid development and increasing presence of AI in the form of Large Language Models (LLM), this is hardly surprising. However, actual use is lagging behind: not even a fifth of respondents are already using the technology. The situation is similar for data analytics. The industry also sees great benefits in this area and is making efforts to increase its use, but the potential has still not been exhausted. Platforms and portals remain the frontrunners among the technologies.

    Conclusion: Maturity also means reflection
    The current decline in digital maturity does not mark a step backwards, but rather a phase of classification. This is because the real estate industry has recognized that digital maturity does not come from buying tools, but from their measurable benefits. An initial digitalization push is followed by disillusionment, triggered by high integration costs, a lack of standards and inadequate data strategies. At the same time, companies’ understanding of their own level of maturity has grown.

    As a result, the view has become more critical, but also clearer. There is a growing realization that many digital initiatives fail because they are implemented as pure IT projects and too little attention is paid to organizational and human factors. Without clear governance, appropriate competencies and the consistent involvement of employees, the added value remains limited.

    A more realistic attitude opens up the opportunity to make future steps more targeted, more effective and more successful in the long term. Real progress is made when digital transformation is no longer seen as a project with an end date, but is recognized as a permanent management task.

  • Four axes that are reorganizing the real estate industry

    Four axes that are reorganizing the real estate industry

    Data & AI
    Industry reports see data-driven decisions and AI-based analytics as one of the strongest drivers. From predictive analytics for rents, vacancy rates and capex to automated valuations and AI-supported due diligence and document processing.

    Along the life cycle, this starts with land acquisition and project development (location scoring, risk and scenario models) and extends to operations and portfolio management (predictive maintenance, portfolio optimization, dynamic price and space management).

    Decarbonization and ESG
    Net-zero targets, taxonomy rules and ESG investing make green proptech a cluster in its own right. Smart building systems, IoT sensor technology and ESG data platforms measure emissions, energy and resources, automate reporting obligations and support refurbishment and investment decisions.

    This has a social impact through stricter regulation and investor pressure, and an economic impact through the growing difference in value between stranded assets and climate-friendly stocks. From carbon screening when purchasing land to decarbonization roadmaps for ongoing operations.

    User experience and flexibility
    Digital tenant experience, hybrid working models and flexible residential and commercial spaces are considered a core trend. Mobile access, self-service portals, real-time communication and dynamically bookable, usage-based spaces are required.

    Throughout the life cycle, this shifts the focus to user-centric concepts and mixed use right from the planning stage and requires platforms for booking, community building and personalized services during operation, which directly changes the value creation logic of properties.

    Platform ecosystems
    Many sources see a move away from isolated stand-alone solutions towards networked platforms in which data, processes and services from different players converge. Open interfaces and integrations are seen as the most important requirement on the part of developers and operators.

    Economically, this creates new platform operators, while socially, transparency, power and role models are shifting. From land purchase CRM and development tools to operating and ESG platforms that digitally connect the entire lifecycle.

  • First consultation on location promotion

    First consultation on location promotion

    For the first time, the dispatch on location promotion will be submitted to a consultation procedure, which will run until 1 June 2026. For the years 2028-2031, the Federal Council is requesting five financing decisions amounting to CHF 392.21 million, compared to CHF 428.83 million in the period 2024-2027. The instruments remain the same: SME policy, tourism policy, regional policy, export promotion and location promotion. The bottom line is that the budget, adjusted for special Covid payments and the 2027 relief package, will fall by around 5.2 percent.

    Easing the digital burden on SMEs
    One focus is on easing the administrative burden on SMEs by expanding digital government services. The core component is Easy-Gov.swiss, which is to be further developed into a marketplace for digital services from the federal government and cantons and positioned as a standard infrastructure for a “digital government” for companies. The aim is to simplify procedures, reduce duplication and ensure more efficient cooperation between the administration and business.

    Access to international markets
    Export promotion should provide SMEs with targeted support when entering new foreign markets and expanding existing ones. In an environment with increasing export hurdles and volatile framework conditions, there is a greater focus on information, advice, risk diversification and export risk insurance. At the same time, SMEs should be able to make better use of the opportunities offered by new and existing trade agreements.

    Strengthening regions as economic and living spaces
    The federal government wants to support economic development in all parts of the country with its location promotion. It promotes tourism destinations and economically oriented projects in rural and border regions. This enables them to remain attractive places to live and work. In this way, the Federal Council combines growth impulses for SMEs with balanced regional development.