MORE ARTICLES BY Andreas Grossenbacher

Andreas Grossenbacher

ABOUT THE AUTHOR

Andreas Grossenbacher, graduate fiduciary expert, MAS FH in fiduciary and management consulting, has been working for KENDRIS since September 2024. Andreas was already employed by KENDRIS from December 2009 to June 2017. He previously worked for Mazars, where he headed the outsourcing department for German-speaking Switzerland.
Andreas looks after national and international corporate clients. He has in-depth fiduciary knowledge, particularly in accounting and payroll. He accompanies corporate clients through all phases of the life cycle. Andreas can look back on a professional career spanning over 30 years, which has enabled him to gain a great deal of experience.

How high can rent be?

The Case: The Swiss tenancy law is essentially based on the principle of cost-based rent with a limited return. Landlords are only allowed to achieve a certain net return on the equity they have invested, and it is calculated on the basis of the rental income minus costs, such as…

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Energy crisis is intensifying

The Case: The energy crisis is continuing to intensify, contributing to rising inflation in Switzerland. The Commentary: Even though prices in Switzerland are soaring less than in many other countries, several factors help explain this relative stability: The strength of the Swiss franc, comparatively low energy consumption as well as…

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EU economic development

The Case: The European Union is often perceived as an economic underperformer, especially when compared with the United States. It seems that this perception is particularly widespread in Switzerland. The Commentary: This perception is somewhat misleading; the weak performance primarily reflects the sluggish development of our immediate neighboring economies rather…

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Record Sales for Hug

The Case: Family-owned bakery company Hug reported record sales of CHF 136 million in 2025, i.e. up 4 % compared to 2024. The Commentary: Growth was driven by a strong demand for Hug’s Wernli Biscuits and Dar-Vida brands as well as solid performance in export markets. At the same time,…

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Landis+Gyr shifts management to US

The Case: Swiss electric meter manufacturer Landis+Gyr has relocated the majority of its operational management team to Atlanta in the United States. The Commentary: CEO Peter Mainz, who lives in the USA, said the relocation would improve customer proximity and operational efficiency. The company’s headquarters remain in Switzerland, preserving existing…

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RECENT POSTS

Upcoming Tax Law and Ordinance Changes (2027–2029)

The Case: The Swiss Federal Tax Administration (FTA) has updated its overview of tax law and regulatory amendments expected to enter into force between 2027 and 2029. The Commentary: The overview provides a comprehensive summary of developments relating to direct federal tax, value added tax (VAT), withholding tax, and stamp…

UBS fined US$125 million for AML violations

The Case: UBS has been fined US$125 million by U.S. regulators for violating the Bank Secrecy Act (BSA) – the largest civil penalty ever imposed on a broker-dealer under the law. The Commentary: According to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), UBS Financial Services willfully…

When Deceiving Consumers No Longer Pays

The Case: The Swiss Federal Supreme Court has confirmed that a company engaging in deceptive pricing practices may be required not only to pay a fine but also to return the profits obtained through misleading pricing strategies, including the use of fictitious crossed-out prices and false price comparisons.

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