Bern (ots) - Groupe E has this morning submitted an application to the municipal au-thorities for approval to construct a power plant at Cornaux (NE). With an output of 420 MW, the planned facility should produce between 2 and 2.5 terawatts of electricity a year, together with between 50 and 100 MW of heat. The site is located in an industrial zone near the gas-fired ...
Bern (ots) - BKW Inc. today signed an agreement to acquire a wind farm in Castellaneta (Apulia, Italy) with a total capacity of 56 MW. The acquisition will expand BKW's position as a leading Swiss operator of wind farms in Switzerland and abroad. To date, BKW has invested close to CHF 1 billion in wind power: with an installed capacity of close to 400 MW, BKW generates ...
Parsippany, NJ (ots) - - Creates 3rd largest global generics company - - ~$8.0 billion anticipated pro forma combined revenue in 2012 - - Significantly increases scale of Watson's ex-U.S. generic business- - Accelerates revenue and earnings growth - - Immediately accretive to non-GAAP earnings, before synergies - - Greater than $300 million annual synergies anticipated within 3 years - - Strong combined cash flow allows ...
Geneva (ots) - WISeKey, using its leadership in Digital Identity Management, has developed the Social Media Security Graph methodology for personal information protection. The security company advocates that personal data protection need not be neglected for the enjoyment of social media or surrendered to the ...
Zurich, Switzerland/Moscow, Russia (ots) - The Swiss Federal Criminal Court has rejected in full the objection lodged by Oleg Deripaska and UC Rusal to the decision by the Federal Attorney General's Office not to investigate their allegations. The objection was lodged in response to the decision (and corresponding decree) by the Federal Attorney General's Office not to pursue the criminal complaint against Interros and ...
Bern (ots) - As the holding company, BKW Inc. constitutes the BKW Group's window to access the capital markets and, in this capacity, takes over this function from BKW FMB Energy Ltd. In this context the BKW Board of Directors of BKW has decided to transfer the BKW FMB Energy Ltd. bonds to BKW Inc. Going forward the BKW Group will henceforth be primarily financed via BKW Inc. Effective 30 April 2012, BKW Inc. will take ...
Bern (ots) - In December 2011 the public exchange offer of BKW Inc. for registered shares in BKW FMB Energy Ltd. in free float was successfully completed with 99.31% of the shares having been tendered. Following the exchange offer, BKW Inc. launched the squeeze-out for the 365,189 untendered shares in BKW FMB Energy Ltd. In its decision dated 21 March 2012, the Canton ...
Lugano (ots) - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). CHF 77.7 billion in assets under management - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). Assets under management stood at CHF 77.7 billion, up 1.9% despite the appreciation of the Swiss franc and the continuing negative trend on the financial markets - Continued successful expansion in fast-growing markets: Asia, Latin ...
Bern (ots) - The BKW Group is planning for the future. The Board of Directors has approved the BKW 2030 corporate strategy, the key planks of which are energy efficiency and renewable energy. By investing in smart grids, BKW intends to exploit the ...
Bern (ots) - In the challenging economic and regulatory environment of fiscal 2011, the BKW Group generated lower operating profit. At CHF 2,632.8 million, consolidated operating revenue was 5.6% below the prior-year figure. Low market prices coupled ...
Bern (ots) - The Federal Administrative Court (FAC) requires BKW to draw up a maintenance concept for Mühleberg nuclear power plant (KKM). BKW has already started work on such a concept. However, the FAC ruling also raises fundamental questions which ...
Bern (ots) - The Federal Administrative Court has lifted the existing time limit on the operating permit for Mühleberg nuclear power plant (KKM) and simultaneously ruled on a new time limit up to 28 June 2013. The Federal Administrative Court has also decreed that a comprehensive maintenance concept for the long-term operation of the KKM be submitted to the Federal ...
Lausanne (ots) - Growing consumer demand in 2011 fuelled the momentum for Nespresso as the engine of the dynamic portioned coffee segment. Nestlé Nespresso SA achieved sales above CHF 3.5 billion and organic growth of around 20%. "Last year, consumers seeking moments of pleasure continued to choose Nespresso ...
HWZ Hochschule für Wirtschaft Zürich
Zürich (ots) - A global study carried out by the brand value rating agency BV4, in cooperation with the Department of Social Media Management of the HWZ University of Applied Sciences in Business Administration Zurich, ranks for the first time the most valuable social network brands. Facebook takes the top of the ...
Zurich (ots) - NUB grants approval for fifteen leading hepatology centres in Germany. Sequana Medical announced today that its ALFApump® System has received German Neue Untersuchungs und Behandlungsmethode (NUB) approval which allows participating hospitals to receive reimbursement for innovative new products. ...
Geneva, New York, Paris (ots) - Union Bancaire Privée, UBP SA ("UBP"), one of Switzerland's leading and best-capitalised private banks and a leader in the hedge fund industry, announced today that it has signed a definitive agreement to acquire Nexar Capital Group ("Nexar"), a global alternative investment manager. The combined UBP-Nexar alternative investment group will boast a broader platform, established global ...
Bern (ots) - In a challenging economic and regulatory environment, the BKW Group recorded total consolidated operating revenue of CHF 2,633 million for the 2011 financial year: 5.6% lower than in 2010. Electricity sales dropped by 7.9% to 20,721 ...
Lausanne, Switzerland (ots) - New research has uncovered consistent evidence of how good corporate governance is recognized and rewarded by the markets. A commonly-held assumption is that costs of voluntarily adopting and implementing better governance practices outweigh benefits to a company. But a study by IMD business school, suggests market prices positively reflect such a move. The finding is of particular ...
Altdorf/Andermatt (ots) - The development of the Andermatt Swiss Alps tourist resort continues to progress in leaps and bounds. Further important construction phases are planned for 2012 including the building of the first villa, the first apartment building and the Golf Clubhouse as well as final façade work on the 5-star hotel The Chedi Andermatt, completion of the 18-hole golf course and further development of the new ...
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 ...