Banking & Fintech

Unique Zurich Airport reports a successful financial year

This content was published on Mar 27, 2001 However, profit before taxes increased by 10 per cent to SFr113.2 million, according to a statement released on Tuesday. Turnover rose to SFr522.5 million. The year 2000 was the first time that the company paid taxes after its privatisation. The statement added that the number of passengers using the airport last year increased by 8.4…

Lindt & Sprüngli reports strong growth

This content was published on Mar 27, 2001 Sales increased by 6.7 per cent to SFr1.537 billion, much above the market average, according to a statement on Tuesday from company headquarters at Kilchberg near Zurich. It added that the United States, with its two subsidiaries Lindt & Sprüngli (USA) Inc. and Ghirardelli Chocolate Company, had become the most significant market for the group…

Detective work helps restoration of paddle steamer

This content was published on Mar 27, 2001 Rolf Lemberg climbs onto the lower deck of the Lötschberg, in dry dock at the shipyard in Interlaken, and opens a small metal flap on the outside wall of the engine room. Behind the door is an empty compartment. “If you’re working with an old boat, you discover things that nobody can explain,” he says.…

Roost steps down as head of Sulzer Medica

This content was published on Mar 27, 2001 His resignation comes at a time when Sulzer is trying to ward off a hostile takeover bid from InCentive Capital, owned by the financier, Réné Braginsky. Roost said he was strongly identified with the failed merger last year between Sulzer and Sulzer Medica and that InCentive Capital could use him as a weapon in its…

Switzerland bans shipment of arms to Venezuela

This content was published on Mar 26, 2001 The State Secretariat for Economic Affairs (SECO) informed the company, SAN Swiss Arms, that it would not be allowed to proceed with the sale of nine-millimetre pistols to the Venezuelan army. Instability in Venezuela, coupled with a fear that the arms might fall into the hands of Colombian rebels, were the main reasons behind the…

“From Heidiland to high-tech land”

This content was published on Mar 26, 2001 Couchepin took the hard-sell approach at CeBIT 2001 in Hannover, describing Switzerland as a world leader in technological innovation for more than 100 years. He said that when Johanna Spiri was writing her classic tale “Heidi” in 1880, the label “Made in Switzerland” was already associated with the highest standards of quality, and that the…

Ascom races ahead with Internet access using electricity supply

This content was published on Mar 26, 2001 The announcement was made at the world’s largest technology trade fair, CeBIT 2001, which is taking place in Hannover, Germany. Ascom has already signed a contract with Germany’s biggest power supplier, RWE, and has agreed to provide tens of thousands of adapters by the middle of May. Spokesman, Stephan Howeg, said the group was also…

Swiss square up to tackle cyber crime

This content was published on Mar 26, 2001 Recent high profile cases of Internet crime in Switzerland – hackers accessing a World Economic Forum (WEF) database, a paedophile CD-Rom and homophobic and neo-Nazi websites – have highlighted the need for action against cyber-criminals. The proposed force being considered by cantonal police chiefs would be charged with monitoring the Internet for illegal activities on…

SGS improves performance despite internal strife

This content was published on Mar 26, 2001 Net profits for last year increased more than 13 per cent to SFr128.7 million ($75 million). The figures were in line with analysts’ expectations. The company said it expected still higher earnings for the current year thanks to the benefits of a restructuring programme and the development of new products. SGS hit the headlines recently…

Brighter prospects ahead for interior design industry

This content was published on Mar 26, 2001 With the economy in a healthier condition, it appears that people are spending more on their homes. Sales of furniture increased by 3.8 per cent last year and the export business grew by more than 10 per cent. The title of this year’s “Home 01” is “Everything new for the Home” and designers are hoping…

Banking & Fintech

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Banking & Fintech

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Unique Zurich Airport reports a successful financial year

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Lindt & Sprüngli reports strong growth

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Detective work helps restoration of paddle steamer

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Roost steps down as head of Sulzer Medica

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Switzerland bans shipment of arms to Venezuela

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“From Heidiland to high-tech land”

More

Ascom races ahead with Internet access using electricity supply

More

Swiss square up to tackle cyber crime

More

SGS improves performance despite internal strife

More

Brighter prospects ahead for interior design industry

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