SMG Swiss Marketplace Group — a JV founded by TX Group, Ringier, Mobiliar and General Atlantic in 2021 — is to relocate one of its offices from Flamatt to Fribourg in Q3 next year. However, it is not moving far, as Fribourg and Flamatt are both located in the same canton — the 26 administrative districts that make up Switzerland.

According to a press release, the Zurich-headquartered company will move around 160 employees into BlueFactory, “the innovation district in the heart of the city of Fribourg.”

Christoph Tonini, CEO of SMG Swiss Marketplace Group, said that, when the JV was formed, the company had offices in Flamatt, Zurich, Zug and Lausanne. He added that, in the wake of Covid-19, the new office was designed for hybrid working. “This new, attractive location will encourage our employees to meet increasingly often, network and collaborate in an inspiring setting,” he added.

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