Bern (ots) - With the consultation procedure with social partners now concluded, the BKW Group has finalised decisions on the personnel and organisational measures to be implemented as part of the cost reduction programme announced in December 2011. The workforce will reduced in phases by around 255 jobs and across all divisions and subsidiaries, wherever possible ...
Zürich (ots) - The latest Retail Market Study carried out by the Location Group examined the 65 most noteworthy international fashion capitals, together with Switzerland, Germany and Austria. As part of this study, 850 retailers, 600 High Streets and ...
theScreener Investor Services AG
Zurich, Switzerland (ots) - In a time when funds and ETFs are being traded more actively than ever, theScreener, market leader in independent stock analysis, launches a new service by evaluating funds and ETFs in a directly comparable way. For the first time, it is possible to comprehensively recognize where passive investments beat active ones and vice ...
Geneva, Switzerland (ots) - High-Tech Bridge ( https://www.htbridge.ch/pages/company/overview.html ), a leading provider of information security services headquartered in Geneva, increases its nominal share-capital to CHF 3M (approximately USD 3.3M), and announces its development strategy for 2012. High-Tech Bridge remains a privately held company funded by Swiss ...
JTI Japan Tobacco International AG
Warsaw, Poland (ots) - Actavis and Bioton (WSE:BIO) announced today that they have formed a joint venture company for the development and registration of insulins, including analogue insulins. Within the framework of the joint-venture, Bioton will be responsible for the development and manufacture of insulin ...
Bern (ots) - The Elektra Baselland Cooperative (EBL), EKZ Renewables AG - a subsidiary of the electrical utilities of the canton of Zurich (EKZ) - and SN Erneuerbare Energie AG (SNEE) have become partners in the HelveticWind joint venture. The partnership was founded in March 2010 by Energie Wasser Bern and BKW Inc. with the aim of building up a wind power portfolio with a capacity of 170 Megawatts (MW) over the next few ...
Davos, Switzerland (ots) - WISeKey, the Swiss digital security company has become a Global Growth Company Partner of the 2012 World Economic Forum. WISeKey is the first startup in Switzerland to become a member in such a short time; other technology companies with the distinction include Google and Facebook. WISeKey is using its new status with the WEF to promote Swiss ...
Davos, Switzerland (ots) - WISeKey has been named a Global Growth Company Partner of the World Economic Forum (WEF), granting the company full participation at the 2012 Annual Meeting in Davos. WISeKey is recognized as a role model for innovative cyber-security technology and efforts to protect individuals, businesses, and governments on the Internet. The WEF ranks ...
Geneva (ots) - - - Seeing healthy prospects in the private banking industry, Union Bancaire Privée, UBP SA (UBP) strengthened its presence in that area of the Swiss market with the acquisition of ABN AMRO Bank (Switzerland) AG in the second half of 2011 - UBP booked consolidated profit of CHF 198 million (USD 211.7 ...
Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. were offered one new share in BKW Inc. with the same par value. Since 12 December 2011 BKW ...
Bern (ots) - Based on an assessment of the future market trend, the BKW Group will charge impairments and make provisions for onerous energy contracts to the 2011 financial statements. As a result of this measure, the Group expects to post a net loss of around CHF 150 million for the 2011 financial year, contrary to earlier expectations. The impairment charges concern ...
Riyadh, Saudi Arabia (ots) - WISeKey launches the WISeID special edition app designed for "Generation C" and coordinates its release with the participation of Carlos Moreira at the Sixth Annual Global Competitiveness Forum (GCF). Hundreds of business leaders, politicians, and intellectuals will converge in Riyadh from January 21-24 to take part in the GCF 2012 probing ...
Geneva, Switzerland (ots) - WISeKey announces the appointment of Abel Linares as a member of its Advisory Committee with the objective of reinforcing its Security-as-a-service (SaaS) Strategy. The group has a key role to advise WISeKey senior management on matters of strategic business and revenue growth. Abel Linares is a predominant Spanish business leader, formerly ...
St. Gallen (ots) - In the Swiss newspaper "SonntagsZeitung" of 08.01.2012, two questions were raised in regard to the controversy between the US authorities and the Swiss financial centre: what would happen to a bank structured as a limited partnership - such as Wegelin & Co. - firstly if one of its Partners were indicted by the USA, and secondly, if the bank itself were indicted by the USA. The answer to these ...
Geneva, Switzerland (ots) - WISeKey announces the appointment of Mr. Philippe Pascal to its Advisory Committee. The committee provides advice to the Company's senior management regarding matters of strategic business development and future revenue growth. Philippe Pascal headed LVMH Moët Hennessy Louis Vuitton ...
Bern (ots) - BKW FMB Energy Ltd. (BKW) is acquiring five small run-of-river power plants from Italian energy utility Sorgenia. Located in the Aosta valley, the run-of-river power plants have a collective installed capacity of close to 8 Megawatts (MW). The acquisition expands BKW's presence in Northern Italy. Since ...
Geneva, Switzerland (ots) - WISeKey Shareholders voted on and unanimously approved all Ordinary General Assembly agenda items on Wednesday, following an opening presentation delivered by Chairman and CEO Carlos Moreira. The Company and the Board received undivided support for their work by the Company shareholders. ...
Geneva, Switzerland and Wilmington, DE (ots) - WISeKey and The Bancorp, Inc. ("Bancorp") (Nasdaq: TBBK) have signed a memorandum of understanding to establish a joint venture to deploy and secure financial services internationally via the WISeID platform (http://www.wiseid.mobi ). Bancorp and WISeKey reached an agreement that would result in the integration of ...
Zurich, Switzerland (ots) - NHS National Innovation Centre supports the cost effectiveness of Sequana Medical's ALFApump System Sequana Medical announced today the findings of an independent economic assessment of the ALFApump System commissioned by the National Innovation Centre, the NHS organization which supports ...
Bern (ots) - After nine successful years in charge of Mühleberg nuclear power plant (KKM), Patrick Miazza is to stand down as managing director of the plant on 1 January 2012 for personal reasons. He will be succeeded by his current deputy, Martin Saxer. Walter Lehmann, currently Head of Operations, will take over as deputy managing director. Patrick Miazza joined BKW ...
JTI Japan Tobacco International AG
Geneva, Switzerland/San Francisco, California (ots) - Japan Tobacco International (JTI) and Ploom announced today that they have entered into a strategic agreement. Under the exclusive long-term cooperation agreement, JTI will commercialize Ploom's new generation smoking alternative products outside the United ...
Bern (ots) - BKW FMB Energy Ltd. (BKW) is to acquire two wind farms, Holleben and Bippen, from Germany's leading wind project developer and wind farm operator wpd of Bremen. The two wind farms have a collective installed capacity of 53 Megawatts (MW). The acquisition expands BKW's foreign wind portfolio to 270 MW and strengthens its position in the field of wind power. Holleben wind farm in Saxony-Anhalt has an installed ...
Bern (ots) - In October the BKW Group announced a Groupwide productivity enhancement and cost reduction programme with a view to further developing its market position. It has now launched an additional package of measures which, when implemented, will enable BKW to achieve the targeted reduction in controllable costs and ensure the company's economic stability. A planned reduction of around 200 jobs will affect all ...
Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for a 1:1 exchange of all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. will receive one new ...
Hitachi Medical Systems Europe Holding AG
Zug (ots) - Aloka Co., Ltd., Japan, became a 100% subsidiary of Hitachi Medical Corporation, Japan, on 3 March 2011, followed by a corporate name change to Hitachi Aloka Medical, Ltd., on 1 April 2011. With this step, Hitachi Medical Corporation and Hitachi Aloka Medical, Ltd., announced the integration of their ...
Geneva (ots) - 2011 was the year of black swans - those highly improbable occurrences that turn the world economy on its head. So what black swans could be in store for 2012? Central banks losing control over inflation, as a result of their policy of monetising sovereign debt to excess; or perhaps European growth in excess of 1.2%, a positive scenario that no economist is forecasting on today. The end of a cycle According ...
Geneva (ots) - WISeKey announced it closed the second of its three-tranche $110 million pre-IPO financing round announced last year (googl/qOPsC). The $35 million second-tranche includes $12 million raised over 15 months from new and current qualified investors. The third and final- tranche will start December 2011, ...
Bern (ots) - Every five years the estimate of decommissioning and disposal costs for all Swiss nuclear power plants is comprehensively reviewed and updated. In this context, BKW FMB Energy Ltd. (BKW) has also drawn up a new cost estimate for the post-shutdown phase and dismantling of Mühleberg nuclear power plant. The estimated costs for the phase immediately following the shutdown of the nuclear power plant, as well as ...