Wabco car systems manufacturer moves HQ to Switzerland
Car systems manufacturer Wabco Automotive has opted to move its global headquarters from Brussels to the Swiss capital, Bern. The company has plans to set up a competence centre in autonomous driving in collaboration with Swiss universities.
This content was published on
1 minute
swissinfo.ch/mga
“Switzerland is world-renowned for providing a highly favorable environment for breakthrough innovations and offers many distinct advantages for corporate headquarters,” said chairman and CEO Jacques Esculier in a statementExternal link on Friday.
The company, which had 16,000 employees and sales of $3.8 billion (CHF3.8 billion) at the end of last year, is one of the world’s leading supplier of braking systems and safety applications for commercial vehicles.
The company will initially transfer 40 top managers to its new Bern HQ but aims to build up its research into autonomous driving systems in the region. A spokesman from Bern’s business development agency said the centre could eventually employ up to 200 people.
The company’s old Brussels HQ will in future house its newly formed Europe, Middle East and Africa division.
Protein in abdominal fat could help shape obesity treatment
This content was published on
The study analysed fat cells from different locations in the body, and found that those in the abdomen have unique properties.
North African asylum claims fall after rapid Swiss processing
This content was published on
The accelerated procedure, now out of its test phase, has resulted in a significant drop in applications from North African countries.
This content was published on
The artist's song "The Code" focuses on their journey as a nonbinary individual. It is one of the favourites to win this year's contest.
Swiss climate activists block vehicles near Gotthard tunnel
This content was published on
Around ten climate activists briefly blocked the A2 motorway near the northern entrance of the Gotthard tunnel on Thursday.
Watches belonging to Michael Schumacher up for auction
This content was published on
Schumacher's family is auctioning off eight rare watches from his collection in Geneva. The Christie's auction will take place on Monday.
Joya Marleen and Baschi named best solo acts at Swiss Music Awards
This content was published on
St. Gallen singer Joya Marleen and Baschi from Basel were named artists of the year at the Swiss Music Awards 2024 on Wednesday night.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Alcon to move global headquarters to Geneva
This content was published on
Alcon, the eyecare unit of Novartis that will be spun off in 2019, will move its corporate headquarters from Texas to Geneva.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.