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General data Economic situation Negotiation
General data
Geography
Area : 41,285 square km Productive area : Nord & West
Federal state (26 Cantons) Out of the EU : -Schengen agreement - European Free Trade Association Currency : Swiss franc
population
Groups Permanent residents Amount 7,800,000
Swiss citizens
Foreign residents
6,100,000(78%)
1,700,000 (22%)
Foreigners: 21% Yugoslavia 19% Italy 11% Portugal & Germany Turkey, France (4.7%), Spain 86% of foreign residents, comes from Europe
International country !
Language distribution
Share of main sectors in GDP: Agriculture : 1,2 % Industry : 27,5 % Services : 71,3 % (including 11% of Financial services) Inflation rate: -0,2 %
Negotiation
4 Advises to approach the Swiss market -Innovative products without too much competition with local products - Acquire a Swiss company of the same business sector - A real communication " helvtise " - Get involved in a long-term commitment which bases on a quality offer Rules of communications during the professional and personal contacts Five keywords: Trust, Consensus, Realism, Collective, Discretion. Method of payment - The most used means of payment is the transfer (Swift or SEPA). - Payments at sight: under two working days on average. - The payment times: average of 30 days, after reception of the invoice.
Investments
Key points - Strategic geographical position: Europe, Africa and the Middle East. - Attractive legal and statutory environment for companies. - Test country for high-technology products - Very qualified and educated, reliable hand and relatively flexible. - Expenses in technologies of information - Expenses in research and development. - Investment funds of common capital
Weak points - Very competitive. - Severe rules of the European Union on the quality standards and the packaging of products.
Risk
OCDE : 0/7 (april 2011) EH Sfac : low risk 1/4 (september 2011) Coface : A1 (april 2011) Ducroire : Short term: 1/7; Commercial: A (good) Risk of transfer: 1/7. Appreciation of the credit manager Moci Country risk: excellent Customer Risk: well (but tendency to the degradation)