Banking & Fintech

EuroAirport in Basel flies high

This content was published on Jul 13, 2000 The management of the EuroAirport said in a statement that the number of planes using the airport also increased over the same period by three per cent. The figures are a boost to the Franco-Swiss airport that operates on the Swiss-French border near the Swiss city of Basel. The airport also reported an increase in…

Business booms for BB Biotech

This content was published on Jul 13, 2000 The net asset value of the Schaffhausen-based group’s shares rose 45 per cent over the period, driven by the good results of a majority of the companies in the group’s portfolio. Since the launch of BB Biotech in November 1993, its shares have increased an average of 35 per cent per year. During the first…

Fust strikes deal with Service 7000

This content was published on Jul 13, 2000 Based in Netstal in canton Glarus, Service 7000 saw a turnover of SFr20 million in the previous financial year. Jelmoli said in a statement that this latest deal for Fust opens up a new segment of the market for the company, with potential for synergies for both firms in logistics, administration and sales. Martin Reithebuch…

Geneva attracts French investor

This content was published on Jul 13, 2000 FNAC will open the store in the centre of Geneva in October or November, with a second store opening just outside the city in the Balexert shopping centre in the spring of 2001. The managing director of FNAC Switzerland, Philip Gelay, said the move to Geneva was the opening of a bridgehead into the Swiss…

Crossair plane skids off runway at Zurich airport

This content was published on Jul 13, 2000 All 32 passengers and seven crew members were unharmed. However, they were told to leave the plane immediately, once it had come to a standstill on a grassy area, next to the runway. The Jumbolino plane veered to the right off the runway while travelling at a speed of around 70 kilometres an hour. The…

UBS takeover of PaineWebber – a match made in heaven

This content was published on Jul 12, 2000 The takeover is a bid by Switzerland’s largest bank to cement its position in the lucrative American market. James Mitchell of the New York investment firm Putnam Lovell Securities said if UBS wants to be a global player it has to have a sizeable presence in the United States. “The trend in financial services has…

Government rejects calls to import computer specialists

This content was published on Jul 12, 2000 The government’s statement is in response to calls by the industry to further open up the labour market. It acknowledged there is a high demand for information technology (IT) and e-commerce specialists but said the size of the labour shortage – 25,000 people – had been exaggerated. It added that only about half the quota…

Solar energy to power next generation of lake vessels

This content was published on Jul 12, 2000 The 33-metre vessel is designed to take advantage of the latest development in solar power technology. It will be developed at a cost of SFr2 million in the Bernese Jura region, which is the home of Switzerland’s major solar research and development centre. Martin Pfister, president of the company at the at the centre of…

Leica Geosystems launches on Swiss bourse

This content was published on Jul 12, 2000 The group specialises in the development, production and distribution of systems for the capture and processing of spatial data for surveying, mapping and positioning. The placement of 1.54 million shares, with a nominal value of SFr50 per share, was carried out by Credit Suisse First Boston. The company, which has its headquarters in Heerbrugg, will…

Vorort changes to face the future

This content was published on Jul 12, 2000 At 130 years old, Vorort is older than any of Switzerland’s current political parties and not much younger than the Confederation itself. It was founded in 1870 to represent commercial and industrial interests to the federal government. However, times have changed and Vorort and the Society for the Development of the Swiss Economy are joining…

Banking & Fintech

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Banking & Fintech

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EuroAirport in Basel flies high

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Business booms for BB Biotech

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Fust strikes deal with Service 7000

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Geneva attracts French investor

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Crossair plane skids off runway at Zurich airport

More

UBS takeover of PaineWebber – a match made in heaven

More

Government rejects calls to import computer specialists

More

Solar energy to power next generation of lake vessels

More

Leica Geosystems launches on Swiss bourse

More

Vorort changes to face the future

Popular Stories

Most Discussed