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Nach der Bank Vontobel verlässt auch Cembra die Stadt Zürich

Die Cembra Money Bank verlegt ihren Hauptsitz nach Baden. Dort lockt ein modernes Bürogebäude. Doch die Bank dürfte auch Steuern sparen.

Nach der Bank Vontobel verlässt auch Cembra die Stadt Zürich

Cembra Money Bank is relocating its headquarters to Baden, Switzerland, from Zürich Altstetten. The bank claims that the move is necessary to secure modern office spaces and save on taxes. Cembra CEO Holger Laubenthal stated, "We want to ensure that our working environment aligns with our company culture, goals, and the needs of our employees."

The new location, Konnex in Baden-Nord, features a contemporary and flexible office design that caters to modern work practices such as hybrid work. Around 660 employees from Cembra will relocate to Aargau, while hubs in Zürich, Bern, Lausanne, Lugano, and St. Gallen will remain operational. Despite the tax differences between Aargau and Zürich, Cembra is not primarily motivated by tax considerations but rather by the availability of suitable office spaces.

The decision to move comes as Zürich struggles to maintain its position as a top business location, despite higher taxes and limited office spaces.

Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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