Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) has sold its Swiss properties at the company's headquarters in Luterbach to the real estate investment company Espace Real Estate AG, Bienne (www.ere.ch). Schaffner's decision to sell its entire real estate holdings came after sales negotiations for ...
u-blox announces dual GPS and Galileo chip featuring acquisition time of under 1 second Thalwil (ots) u-blox AG, the leading Swiss provider of innovative GPS receiver technology, today announced the u-blox 5 family of GPS and Galileo-ready single chips and chipsets featuring an acquisition performance of under 1 second. The new chips also feature SuperSense® -160 ...
Zurich/Pfaeffikon SZ (ots) - Horizon21 and Swiss Re intend to combine their private equity fund of funds businesses to satisfy increased client demand for investment solutions from an integrated alternative investment specialist. Swiss Re would contribute its private equity fund of funds business with 3.1 ...
Premium Coffee Brand Remains Dedicated to Swiss-Made Products, Quality Paudex (ots) - Nestlé Nespresso, the worldwide pioneer in premium portioned coffee, announced that the Company will open a new coffee Production-Distribution Centre in Avenches, Switzerland in 2008. By 2010, the facility will employ more ...
Lugano (ots) - Following completion of the transformation phase, Banca del Gottardo will streamline its Executive Board. The activities of the organisational unit in charge of the strategic reorientation will be integrated into the various management lines. There will be a high-level change in the Asset management and Trading area. Following completion of the transformation phase, Banca del Gottardo will be ...
Frankfurt am Main/Zurich (ots) - Deutsche Bank Private Wealth Management today announced the appointment of Hannes Oelschlegel as Managing Director and Head of Private Wealth Management Central & Eastern Europe and Turkey with effect from 1 September. In his new role, he will be responsible for further developing ...
Lombard International Assurance S. A. Lo
Zurich (ots) - Lombard establishes an office in Zurich and plans to add another office in Geneva. It is authorised under the new Swiss insurance law, which came into effect at the beginning of 2006 and will offer its "privatbancassurance" concept to the international clients of Swiss private banks and asset managers. Martin Naville, CEO of the Swiss-American Chamber of Commerce, has joined the board of Lombard. ...
Lugano (ots) - Banca del Gottardo increased its first-half net profit 2006 over the same period last year to CHF 83 million. Excluding capital gains realised from the sale of companies no longer part of the bank's core business and exceptional expenses arising from its repositioning, net profit was CHF 51 million. In comparison, net profit in the first half of 2005 was CHF 44 million. Net new asset growth in private ...
Geneva (ots) - The Optical Storage Technology Association (OSTA) announced today that it has signed an agreement with Ecma International to work together to finalize an industry-wide archival-grade optical disc specification. The purpose of this initiative is to address end user needs calling for established practices in media archive life testing and ...
Luterbach (ots) - Management buyout ensures continuity for employees and customers - Luterbach location to become a center of competence for EMC test systems development The Schaffner Group is selling the EMC test systems business line through an MBO to a group of investors led by Johannes Schmid, the Head of the Test Systems Division. The parties have agreed not to disclose details of the price. The sale of the ...
Zurich (ots) - HSBC Guyerzeller Bank is to get a new Chief Executive Officer. The change in the top operational management of the long-established private bank was prompted by the ill health of the present CEO, Ilan Hayim. Heinrich Baumann, the current Chief Operating Officer and Deputy CEO, will take the helm at the bank on 11 July 2006. Ilan Hayim will withdraw from his operational duties at HSBC Guyerzeller Bank and will in future serve as Vice Chairman on the Board of ...
Erlen (ots) - The majority shareholding in the Lista Workspace and Storage Systems group of companies (Lista B+L), which generated revenues of more than CHF 220 million in 2005, is being sold to private equity company Capvis. The parties involved have agreed not to disclose the price of the sale. This transaction marks a successful conclusion to the repositioning and succession planning initiated 18 months ago with the ...
Sales and orders remain solid - preliminary agreement signed for the sale of the EMC test systems business line Luterbach (ots) - The Schaffner Group increased its net sales in the continuing Components Division by 14.2% to CHF 34.6 million in the third quarter of the current fiscal year (third quarter 2004/2005: CHF 30.3 million). Order intake also rose by 14.7% to CHF 35.2 million (CHF 30.7 million). The ...
Zurich/Geneva (ots) - HSBC Guyerzeller Bank AG and HSBC Private Bank (Suisse) SA will join their capabilities in the "Trust" and "Fiduciary Services" domains into a new specialised entity named HSBC Guyerzeller Trust Company AG. It is HSBC Group's clear intention to become one of the foremost providers in this field in Switzerland. HSBC Guyerzeller Bank's Konrad K. Häuptli has been appointed CEO of the new Trust ...
Zurich (ots) - In its ongoing dynamic development, the Jelmoli Group has set a strategic marker in the field of financial services. We would thus like to invite you to a media briefing on: Thursday, July 6, 2006, 10.30 a.m. Zurich Park Hyatt Hotel Beethoven-Strasse 21, 8002 Zurich Gustav Stenbolt, Chairman of the Executive Committee of Jelmoli Holding AG, and other representatives of the company will ...
Pfaeffikon SZ (ots) - Horizon21 Wealth Management Holding, a subsidiary of Horizon21 Holding, extends its stake in HPM Portfolio Management AG (HPM), Pfaeffikon SZ, Switzerland, from 60 to 100 percent. Next to the full acquisition of HPM the transaction includes the integration of Horizon21 Wealth Management. The transaction is expected to be completed by June 30, 2006. Terms of the acquisition were not disclosed. ...
Zurich (ots) - Following talks with the Communication Union, Cablecom has decided to adjust its shift premium policy and to make retrospective payments until January 1, 2001. Cablecom's new policy reflects the recent changes to standard practice. According to a ruling of the Federal Court from December 5, 2005, night and weekend premiums are an integral part of the salary. In consequence, such premiums must be paid ...
- Pictures can be downloaded free of charge and are also distributed by the EPA - Leader Floyd Landis and Team to Spread the Message of Better Hearing Across the Country - and Beyond Stäfa, Switzerland (ots) - On July 1, the Phonak Cycling Team will set out to win the 3653.6 kilometer-long Tour de France, the world's most prestigious and difficult cycling ...
The founder of the Oettinger Davidoff Group, Dr. Ernst Schneider, has decided to step down as the chairman of the Oettinger Imex AG board of directors effective July 1, 2006 in order to unburden himself. He remains a member of the Oettinger Imex AG board of directors and president of the superordinate holding company SIP Schneider Investment & Participations SA. He will be succeeded by Riccardo Gullotti. Basel ...
- Further Information can bo downloaded at 18.00 hrs on: http://www.presseportal.ch/de/story.htx?firmaid=100010455&lang=2 - Basel (ots) - The metropolitan areas of Western Europe benefited disproportionately from the dot.com boom in the second ...
Clear signs of growth and a return to profit Luterbach (ots) - The Schaffner Group increased its net sales by 14.8% to CHF 91.0 million in the first six months of fiscal 2005/2006 (first half 2004/2005: CHF 79.3 million) and achieved a net profit of CHF 0.8 million (CHF -1.5 million), despite extraordinary costs related to the divestment of its test systems activities. As a result of the divestment process and the ...
Euler Hermes Kreditversicherung
- Pictures can be downloaded free of charge under: http://www.presseportal.ch/de/story.htx?firmaid=100009350 - Zurich (ots) - Peter Silberschmidt, Managing Director of ERG (Swiss Export Risk Guarantee), is to join Euler Hermes, Switzerland's leading credit insurer. Peter Silberschmidt has been active ...
Alinghi relies on Phonak's innovative technology to ensure seamless communication during its bid to win the America's Cup again in 2007 Stäfa (ots) - Phonak Hearing Systems today announced that it will be Official Supplier of Alinghi in its bid to win the America's Cup for the second consecutive time. The 32nd America's Cup - the oldest trophy in sporting history and sailing's most prestigious award - will be held in ...
Zurich (ots) - UPC Broadband, parent company of Cablecom in Switzerland, has reached the million threshold for telephony customers within its European footprint. This success of doubling the number of telephony customers over the last 18 months is mainly driven by the accelerated growth of UPC's VoIP (Voice over IP) based Digital Telephony service. In Switzerland ...
Berne (ots) - BKW FMB Energy Ltd has recorded gratifying results for fiscal 2005, with a further improvement in profit for the year. Total operating revenue rose by 12.4% or CHF 218.9 million to CHF 1,989.1 million, while profit increased year-on-year by 40.9% to CHF 306.7 million. The results were positively impacted by solid performance on the home market, a clear ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) is selling the power electronics business line of its test system division to US-based Intepro America, LLC., Santa Ana, California, for an undisclosed sum. Intepro America, LLC., which specializes in the marketing of power electronics test systems in the North American market, is acquiring Schaffner ...