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 ...
Basel (ots) - The Geneva Convention Bureau (GCB) and the conference organiser Congrex Switzerland have signed a three-year partnership agreement. With direct membership, Congrex is continuing to pursue its market development strategy in a targeted manner. Over the past few years, Congrex has organised numerous congresses in Geneva and knows the region's infrastructure ...
Lausanne, Switzerland (ots) - A new study shows self-centered CEOs who "crave acclaim and applause" are more likely to keep their companies at the forefront of technological innovation. Additionally, the desire for attention from self-absorbed CEOs fuels the willingness to make daring decisions that less confident counterparts might shy away from, especially during a period of radical change. Conducted by professors at ...
Geneva, Switzerland (ots) - Since 2008 WISeKey has been working to bring Mobile Banking to millions of people with active projects targeting the BRIC countries. At the 2011 India Economic Summit, WISeKey announces it will be expanding efforts in India with new strategic partnerships in the coming months. WISeKey has ...
Altdorf/Andermatt, Switzerland (ots) - Andermatt Swiss Alps is celebrating a milestone today as the outer shell of The Hotel Chedi Andermatt is completed and the roof is placed in position. Over the last seven months, 250 construction workers have completed the outer shell of the building and were at the heart of the celebrations today. The Chedi Andermatt is a unique ...
Zurich (ots) - Major milestone achieved in the commercial launch of new technology in the treatment of patients with refractory ascites due to liver cirrhosis. Sequana Medical, the Medical University of Vienna and Vienna General Hospital (AKH Wien) reported that the first two commercial implants worldwide of the ...
Geneva (ots) - High-Tech Bridge SA ( https://www.htbridge.ch/ ), a leading Swiss information security company, joins Online Trust Alliance (OTA) as a General Member. OTA's mission is to develop and advocate best practices, training and advance public policy to mitigate emerging privacy, identity and security ...
Bern, Switzerland (ots) - Mobile money services have more chance of being successful when bundled with profiled offers. Sicap innovation, revealed at the Mobile Money Transfer Global Conference in Dubai today, can significantly improve the return on investment of them. Given that many mobile money services are way off-track to reach breakeven timelines, Aleeda Fazal, who leads sicap's mobile money team ...
Yverdon-Les-Bains (ots) - Bacula Systems®, the world's leading worldwide provider of commercial open source backup and restore software, today announced the appointment of Frank Barker as its new CEO. Mr. Barker succeeds Dr. Kern Sibbald, who has served as interim CEO since May 2011. Dr. Sibbald will remain active ...
Plan-les-Ouates, Switzerland (ots) - Viroblock S.A., a company with a highly innovative, broadly applicable anti-viral air filtration technology, initially focused on development and commercialization of anti-viral face-masks, today announced the successful closure of a 3.3 million CHF Series C financing round. Dr Jamie Paterson, CEO of Viroblock, said "these funds allow Viroblock to complete the development of our ...