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 ...
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 ...