The company Swiss E-Prix Operations, which last year organised a Formula E electric car race through the streets of Bern, will be liquidated, according to the Swiss Official Gazette of CommerceExternal link (SOGC).
This content was published on
1 minute
Keystone-SDA/ts
The announcement was reported on Wednesday in the Berner ZeitungExternal link. The SOGC said the bankruptcy judge of the Zurich district court had opened proceedings against Swiss E-Prix Operations on January 15. The company has been dissolved.
Since the race through Bern in June 2019, many small and medium-sized enterprises (SMEs) in the region have been awaiting payment of their invoices.
Last October it turned out that Swiss E-Prix Operations, which had also organised a race through Zurich in June 2018 was experiencing financial difficulties linked to a lack of liquidity. It denied rumours that it owed millions of francs.
The city of Bern, as the creditor, was not affected by the liquidity problems. Its engagement is ensured by a bank guarantee.
The race through the Swiss capital attracted 130,000 people and was described in a city report as “generally positive”, despite a protest two days before the race against its environment impact.
More
More
Motor racing returns to Switzerland via Formula E
This content was published on
Zurich is hosting its first Formula E electric championship race on Sunday, in the nation’s first motor race since the sport was banned 60 years ago.
Swiss authorities announce cost-cutting in asylum sector
This content was published on
The government notably wants to improve integration into the labour force, particularly for people with protection status S.
Various leaders confirm participation at Ukraine peace conference
This content was published on
The presidents of Poland, Finland, and Latvia and the prime ministers of Spain and Belgium will be at the Swiss-hosted talks in mid-June.
This content was published on
In the winter season up to April 2024, railway and cable car operators ferried 3% more visitors compared to the previous winter, and 5% more than the five-year average.
Rhine flooding: Swiss to invest CHF1 billion with Austria
This content was published on
As part of an international agreement with Austria, the Swiss government wants to pump CHF1 billion ($1.1 billion) into flood protection measures along the Rhine over the next three decades.
Swiss government proposes CHF10 million UNRWA donation
This content was published on
After months of debate, Switzerland plans to give CHF10 million ($11 million) to the UN agency this year, rather than the CHF20 million initially foreseen.
Swiss study: insects mainly migrate at midday and dusk
This content was published on
A study led by the Swiss Ornithological Institute in canton Lucerne is helping to better understand the movement patterns of migratory insects.
Red Cross: 22 staff killed in Middle East since October
This content was published on
The Red Cross and Red Crescent network in Gaza and Israel has lost 22 staff members since last October, the Swiss Red Cross (SRC) said on Wednesday.
Dortmund’s Kobel is first Swiss goalie in Champions League final
This content was published on
Borussia Dortmund’s Gregor Kobel has achieved history by becoming the first Swiss goalkeeper to reach a Champion’s League final.
University students in Switzerland join Gaza protest wave
This content was published on
Pro-Palestinian activists occupied university buildings in Lausanne, Geneva and Zurich on Tuesday, widening the protest movement in the Alpine nation.
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
Government report outlines criticisms of Bern Formula E race
This content was published on
This summer’s Formula E race in Bern was generally positive, but a different track should be envisaged in the future, the authorities say.
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.