Interlaken (ots) - Jungfraubahn Holding AG is presenting its figures for the 2006 business year at today's (Monday) financial statement media conference. Switzerland's major mountain railway company was able to close the 2006 business year with an annual profit of CHF 19.1 million. P rofit is thus CHF 1.3 million above the figure for the exceptional year of 2000 (Raiffeisen promotion). Key figures are as follows: ...
Swiss-American Chamber of Commerce & The Boston Consulting Group
Zurich (ots) - One third of the Swiss GDP is at stake in the international competition around business locations. For Switzerland, five key measures are crucial to win the battle. Multinational companies, accounting for 34% of the total GDP, are very important to the Swiss economy. The Swiss-American Chamber of Commerce and The Boston Consulting Group have ...
Measures to sustainably strengthen Group to be proposed to Annual General Meeting Zurich (ots) - Substantial growth at KRM and Stow - divestment of AFT depresses shareholders' equity In those business divisions in which it is continuing operations - KRM (Dynamic Storage and Retrieval Systems) and Stow (Static Storage Systems) - the Kardex Group generated a ...
Zurich (ots) - HSBC Guyerzeller Bank AG, a Swiss private bank with offices in Zurich, Geneva, Istanbul and Hong Kong, has produced record figures for 2006. Gross earnings were up by almost a third at CHF 82.2 million, and net profit reached a record CHF 72.8 million. The bank remains confident for 2007. HSBC Guyerzeller Bank recorded excellent results for 2006, following an already good year in 2005. Gross earnings ...
Zurich (ots) - From 1 April 2007, the PayNet (Schweiz) AG, active in the field of electronic invoice and payment systems, now trades under the name of Telekurs PayNet Ltd. With «PayNet», Telekurs PayNet operates the leading Swiss network for processing electronic invoices. With the name change, the wholly owned subsidiary of Telekurs Holding Ltd. founded in 2000 documents its association with the Telekurs Group. The ...
Cheseaux (ots) - The court of the canton of Zug in Switzerland, convicts two sellers of pirate smartcards. The smartcards were devised to enable illicit reception of pay-television programmes. On March 27 in Zug, Switzerland, two people were convicted for selling forged smartcards, which were devised to access pay-television programmes without paying for them. The conviction follows a complaint registered at the ...
Geneva/Malaga (ots) - WISeKey represented by its founder and Chairman Carlos Moreira has join the Malaga Valley e-27 Club, one of the initiatives of higher vision and ambition of the IT sector in Spain. More than 40 Presidents of multinational and technology companies have decided, under the presidency of Javier Cremades, of Cremades & Calvo-Sotelo, to promote ...
Luterbach (ots) - The Board of Directors of Schaffner Holding AG (SWX Swiss Exchange: SAHN) has appointed Mr Ah Bee Goh (*1950) as Vice President Global Manufacturing and member of the Executive Board of the Schaffner Group with effect from July 1, 2007. Based at the Schaffner plant in Thailand, he will be ...
Concentration on the global market for EMC and power quality components Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) has signed an agreement for the sale of its Cable & ElectroEmulation business (net sales 2005/2006 approx. CHF 15 million) to the existing management. This completes the divestment of its Test Systems business. As part of the management buyout, the existing management will take over ...
Thalwil, Switzerland (ots) - u-blox AG, the leading Swiss provider of GPS receiver technology, today announced the inclusion of its LEA-4S GPS module in the G300 GPS phone made by Longcheer, a leading Chinese designer of handheld devices. The new phone combines a high performance GPS engine, VGA camera, MP3/MP4 music player, GSM phone and WAP Internet browser in ...
Thalwil (ots) - u-blox AG, the leading Swiss provider of GPS receiver technology, today announced a deal that sees its LEA-4S GPS module included in a revolutionary smartphone produced by innovative design house Tranzda Technologies Co. Ltd. The PM328 is a NEWPLUS Linux-Core smartphone that integrates phone, PDA, GPS and other multimedia entertainment functions in a product that is 16 mm thin. The PM328 has an ...
Laufenburg (ots) - On March 6, 2007, Switzerland signed an agreement with Italy regarding the mutual recognition of electricity from renewable sources. This event wraps up an important stage in the development of electricity exchange arrangements with foreign countries based on swissgrid's system for registering and issuing certificates of origin for Swiss ...
Lausanne, Switzerland and China (ots) - The Board of Directors of Cognosense appoints Mr. Erick Caron as new Chief Executive Officer & Delegate of the Board of Directors. Mr. Caron also becomes Chairman and CEO of the company subsidiaries Cognosense Tech. Ltd in China and will be elected to Cognosense Board of Directors. Prior to this assignment, Mr. Caron was ...
Company Emphasizes Quality and Customers as Key to Global Expansion Paudex (ots) - Fulfilling CEO Gerhard Berssenbrügge's forecast for the Company, Nestlé Nespresso SA, the worldwide leader in highest quality perfectly portioned coffee, surpassed 1 billion CHF in revenue for the first time in 2006. This achievement marked the sixth consecutive year that Nestlé ...
Lugano (ots) - In 2006 Banca del Gottardo's consolidated net income increased by 17% to CHF 97 million. The Bank's reorientation had an overall neutral impact on net profit: the sale of non-core businesses resulted in capital gains, but these were offset by substantial extraordinary charges. Operating expenses were reduced in 2006 and the cost/income ratio was maintained at the level of the previous year. After ...
Zurich (ots) - Kardex AG is selling its AFT division effective February 21, 2007 to the Munich-based Certina Group since agreement could not be reached with the original buyer (see media information dated December 22, 2006) on the terms of the closing. The contract with the Certina Group was signed and closed yesterday. As previously published, the anticipated extraordinary costs for the restructuring and hive-off of ...
Sofia and Geneva (ots) - The leading Swiss company for Internet security WISeKey entered the Bulgarian market in December 2006 with the registration of its local branch, WISeKey Bulgaria. The company is a world leader in the IT domain, offering complete solutions for net security through high-level data encryption. WISeKey effectuated the first project worldwide for ...
Interlaken (ots) - We are pleased to be able to report once again on a very satisfactory business year. Our most important attraction, the Jungfraujoch-Top of Europe, achieved its best result since 2000 (special offer). In winter sport, we enjoyed almost unchanged high demand in 2006. Last year we ...
Bettlach (ots) - Mathys, the Bettlach-based orthopaedics business, recruited a further 28 persons in 2006. At 7.2 %, the increase in turnover was less than expected, but was nonetheless substantially higher than the industry average. This family-owned business achieved consolidated sales of CHF 74.2 million, which, although equivalent to a year-on-year increase of 7.2 %, was slightly less than expected. The slower ...
Madrid (ots) - 1 February 2007 - UNWTO and WISeKey announced an agreement today to expand the use of traveller identification and authentication technologies in the multibillion dollar tourism sector. This collaboration builds on the Public Private Partnership agreement signed by UNWTO and Microsoft in 2006. ...
Zurich (ots) - The Clariden Leu merger was completed on January 26, 2007. The merger, which is effective retroactive to January 1, 2007, combines the experience, expertise and products of Credit Suisse independent private banking subsidiaries Clariden, Leu, Hofmann, BGP Banca di Gestione Patrimoniale and securities dealer Credit Suisse Fides under one roof. Clariden Leu is one of the five largest providers in the Swiss private banking industry. Credit Suisse announced ...
Zurich (ots) - Only New York, Hong Kong, Paris, London and Tokyo have retail spaces more expensive than those in Zurich, a city with the world's greatest buying power, highest income per capita as well as the highest standard of living - depending on the ranking used. On Zurich's Bahnhofstrasse, rents reached a ...
Luterbach (ots)- Over the business first quarter of 2006/2007, Schaffner Holding AG (SWX Swiss Exchange: SAHN) increased its net sales of electromagnetic-compatibility and power-quality components by 16.7% on the previous year's figure to CHF 34.1 million (CHF 29.3 million). Adjusted for currency effects, the rise in sales amounted to 15.5%. At the same time, order intake increased by 31.1% to CHF 45.9 million (CHF ...
Zurich (ots) - Accenture is a new Associate Implementation Partner for Avaloq. The global group will support the software company in Switzerland initially, then across Europe and in Asia as well. Avaloq has gained a new partner for the introduction of its banking software. The cooperation with Accenture, one of the world's leading management consulting, technology service and outsourcing providers, reinforces the ...
- During a press conference in Geneva this morning, Martin Velasco, Pascal Mock MD and Prof. Patrick Aebischer, President of the EPFL (Ecole Polytechnique Fédérale de Lausanne), presented a solution which opens promising new prospects in terms of assisted reproductive technology. - A major advantage of the ...