{"id":676920,"date":"2026-02-15T11:06:04","date_gmt":"2026-02-15T11:06:04","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=676920"},"modified":"2026-02-15T11:06:04","modified_gmt":"2026-02-15T11:06:04","slug":"companiile-din-elvetia-sunt-afectate-de-aprecierea-francului-submineaza-competitivitatea-exportatorilor","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=676920","title":{"rendered":"Companiile din Elve\u021bia sunt afectate de aprecierea francului: \u201esubmineaz\u0103 competitivitatea\u201d exportatorilor"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/microscopemedia.com\/wp-content\/uploads\/2026\/02\/companiile-din-elvetia-sunt-afectate-de-aprecierea-francului-submineaza-competitivitatea-exportatorilor.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p id=\"p-0\">Francul elve\u021bian a crescut cu 3% de la \u00eenceputul anului, dup\u0103 un avans de 14% anul trecut, noteaz\u0103 <a href=\"https:\/\/www.ft.com\/content\/3fc82496-1132-4cb3-a967-25c4c274fbea\">Financial Times<\/a>.<\/p>\n<p id=\"p-1\">Aprecierea monedei de refugiu, alimentat\u0103 de tensiunile geopolitice \u0219i de sl\u0103birea dolarului, pune presiune suplimentar\u0103 pe economia elve\u021bian\u0103, unde exporturile de bunuri \u0219i servicii reprezint\u0103 peste 70% din PIB.<\/p>\n<p id=\"p-2\">Compania farmaceutic\u0103 Roche \u0219i produc\u0103torul de ceasuri Swatch Group au raportat pentru 2025 un impact de aproximativ 5% asupra v\u00e2nz\u0103rilor din cauza aprecierii francului elve\u021bian, iar Richemont, proprietarul Cartier, a semnalat, la r\u00e2ndul s\u0103u, dificult\u0103\u021bi legate de cursul valutar.<\/p>\n<h2 id=\"chapter-0\">Dubl\u0103 lovitur\u0103 pentru companiile elve\u021biene: tarife \u0219i moned\u0103 puternic\u0103<\/h2>\n<p id=\"p-3\">Asocia\u021biile de comer\u021b spun c\u0103 lovitura a fost deosebit de dur\u0103 pentru \u00eentreprinderile mici \u0219i mijlocii.<\/p>\n<p id=\"p-4\">\u201eAprecierea francului elve\u021bian at\u00e2t fa\u021b\u0103 de euro, c\u00e2t \u0219i fa\u021b\u0103 de dolarul american submineaz\u0103 tot mai mult competitivitatea industriei elve\u021biene de utilaje, inginerie electric\u0103 \u0219i metale\u201d, a declarat Nicola R. Tettamanti, pre\u0219edintele Swissmechanic, organiza\u021bie care reprezint\u0103 IMM-urile din ingineria mecanic\u0103 \u0219i electric\u0103.<\/p>\n<p id=\"p-5\">Tettamanti a avertizat c\u0103, dac\u0103 actualele condi\u021bii de curs persist\u0103, companiile ar putea am\u00e2na investi\u021biile, iar pe termen mai lung poate fi sl\u0103bit\u0103 baza industrial\u0103 a Elve\u021biei.<\/p>\n<p id=\"p-6\">\u00cengrijor\u0103ri similare apar \u0219i \u00een sectorul chimic \u0219i farmaceutic, unul dintre cele mai importante motoare de export ale Elve\u021biei. Roche, care \u00ee\u0219i genereaz\u0103 cea mai mare parte a veniturilor \u00een afara \u021b\u0103rii, a spus c\u0103 se a\u0219teapt\u0103 acum la un impact de 4 puncte procentuale \u00een acest an.<\/p>\n<p id=\"p-7\">\u00cen ultimul an, exportatorii elve\u021bieni au fost lovi\u021bi din dou\u0103 direc\u021bii: taxele vamale impuse de Donald Trup \u0219i un franc mai puternic.<\/p>\n<p id=\"p-8\">\u201eFrancul elve\u021bian este un tarif perpetuu pentru companiile elve\u021biene\u201d, a spus Cedric Jacque, partener la Lloyd Capital, firm\u0103 de investi\u021bii cu sediul la Zurich.<\/p>\n<p id=\"p-9\">Avansul francului a devenit o problem\u0103 tot mai mare pentru Banca Na\u021bional\u0103 a Elve\u021biei, care ar putea reduce dob\u00e2nzile pentru a fr\u00e2na aprecierea monedei. Totu\u0219i, cum rata de politic\u0103 monetar\u0103 este la 0%, o reducere ar \u00eensemna revenirea la dob\u00e2nzi negative, pe care deciden\u021bii au spus c\u0103 nu vor s\u0103 o repete.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Francul elve\u021bian a crescut cu 3% de la \u00eenceputul anului, dup\u0103 un avans de 14% anul trecut, noteaz\u0103 Financial Times. Aprecierea monedei de refugiu, alimentat\u0103 de tensiunile geopolitice \u0219i de &hellip; <a href=\"https:\/\/microscopemedia.com\/?p=676920\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":676921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/676920"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=676920"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/676920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/676921"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=676920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=676920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=676920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}