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Leuenberger makes key policy announcement

This content was published on Jan 7, 2000 The Minister for Transport, Energy and Communication, Moritz Leuenberger, has set out his policies until 2003. A 33-page document produced by the Ministry says that the central plank of his programme is the principle of sustainable development. Defining this, the document says that development is only sustainable if it meets current needs without harming the…

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Saas Fee in pilot project to help travellers

This content was published on Jan 6, 2000 The scenic resort of Saas Fee is taking part in a ground-breaking project in Switzerland aimed at reducing the amount of visitors using their own cars to get there. The project will save a many a traveller’s muscles as well. Under a pilot project, travellers arriving by bus or train in Saas Fee, canton Valais,…

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Boom predicted for Swiss online book trade

This content was published on Jan 6, 2000 Switzerland has seen a major boom in online book shopping in the past months, and experts predict a veritable explosion of the market as up to 30 per cent of all books will likely be bought via the Internet by 2003. From a technological point of view, the preconditions for a market explosion are set…

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Globus reports sales of over SFr2 billion for first time

This content was published on Jan 6, 2000 The Swiss retail chain, Globus, says its profit for 1999 nearly doubled from the SFr14.5 million ($9.35 million) reported in 1998. Sales exceeded the SFr2 billion ($1.3 billion) mark for the first time. No exact figure was released. But the company says increased customer confidence, especially leading up to the Christmas period, saw sales breach…

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Globus reports sales of over SFr2 billion for first time

This content was published on Jan 6, 2000 The Swiss retail chain, Globus, says its profit for 1999 nearly doubled from the SFr14.5 million ($9.35 million) reported in 1998. Sales exceeded the SFr2 billion ($1.3 billion) mark for the first time. No exact figure was released. But the company says increased customer confidence, especially leading up to the Christmas period, saw sales breach…

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Timber sector demands steps after Lothar devastation

This content was published on Jan 5, 2000 The Swiss timber industry has called for emergency measures to be implemented to keep it on an even keel, after Hurricane Lothar devastated the country’s forests. The Timber Trade Commission also wants to see a nationwide ban on logging imposed. Tree-felling has already been stopped in canton Basel-country. The commission, which is concerned that a…

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Two companies announce major deals

This content was published on Jan 5, 2000 The Georg Fischer industrial corporation and the cement producer, Holderbank, have announced separate deals aimed at strengthening their market positions. Fischer of Schaffhausen said it had won an order worth SFr30 million from DaimlerChrysler US to supply automobile engine connecting rods. The nodular cast iron components will be manufactured on largely automated production lines and…

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Mergers cost record amount last year

This content was published on Jan 5, 2000 The merger “virus” continued to hit Switzerland last year, with companies using a record amount of money to put the mergers into place, according to the Zurich weekly “Handelszeitung” newspaper. In its first issue of the year, the newspaper reports that there were 343 mergers involving Swiss firms last year, 12 less than in 1998.…

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Strong showing for retail trade

This content was published on Jan 5, 2000 Swiss retail sales rose four per cent in November year on year, a further indication that the economy is staging a strong recovery. Sales were up by 1.5 per cent when adjustments were made for the number of shopping days, according to the federal statistics office. It said November 1999 had one more shopping day…

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Archive – Banking & Fintech

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Denner chief Schweri hands over control of daily business

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Leuenberger makes key policy announcement

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Saas Fee in pilot project to help travellers

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Boom predicted for Swiss online book trade

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Globus reports sales of over SFr2 billion for first time

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Globus reports sales of over SFr2 billion for first time

More

Timber sector demands steps after Lothar devastation

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Two companies announce major deals

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Mergers cost record amount last year

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Strong showing for retail trade

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