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Swiss farms see rise in profits

This content was published on Apr 10, 2001 The average income of a farm reached SFr66,200 in 2000, despite the collapse of the meat industry last autumn following the second mad cow crisis. These results, based on a survey of 1,000 farms, are explained by good sales results for fruits and potatoes. The head of Switzerland’s Agriculture ministry, Manfred Bötsch, says that besides…

Swiss and Italian authorities grapple with traffic jams at Chiasso border

This content was published on Apr 10, 2001 The measure, announced this week by a government-appointed task force, is expected to ease kilometre-long tailbacks on Europe’s main north-south axis. It will remain in force until the A2 motorway has been cleared of commercial lorries. In the past month, hundreds of lorries have clogged the artery because of a bottleneck at the Chiasso customs…

Nokia signs deal with Orange

This content was published on Apr 10, 2001 The three-year agreement is worth SFr245 million ($144 million) and follows similar deals that Nokia has sealed in Australia, Britain, France, Germany and Italy. Nokia will build the core network as well as supplying a range of related support services. Orange, whose main shareholder is France Telecom, received one of four Swiss UMTS licences in…

Givaudan’s sales smelling of roses

This content was published on Apr 10, 2001 Fragrance sales increased 4.5 per cent to SFr298.5 million while flavours were up 5.5 per cent to SFr324.4 million. Givaudan said sales of fragrance ingredients more than compensated for a decline in the market for pharmaceutical raw materials and Ultraviolet sunscreen filters. Flavours sales in the Asia-Pacific region were particularly strong due to incoming orders…

Ascom reports drop in net income

This content was published on Apr 10, 2001 The company’s net profit for 2000 was down almost a quarter to SFr67 million ($39.5 million) on sales of SFr3.14 billion. Operating income was down to SFr80 million from SFr135 million. In a statement, Ascom said it remained confident about the future and that it would keep its dividend pay-out unchanged at eight per cent…

Rescue plan presented for AOM and Air Liberté

This content was published on Apr 10, 2001 Union representatives said Rochet, appointed in February to oversee the restructuring of AOM/Air Liberté and sister airline, Air Littoral, proposed cutting the size of the combined group by 25 per cent. Unions said this would involve around 1500 redundancies. They said Rochet wanted his plans to be implemented by November. The two sides reportedly agreed…

Strong sales growth reported for Swisscom’s German subsidiary

This content was published on Apr 10, 2001 Its market share in Germany now stands at 14 per cent. But the company’s operating income fell seven per cent because of heavy investment. Debitel also said on Tuesday that it had reached an agreement with Vodafone to cooperate in offering the next generation of mobile phone services. Swisscom’s subsidiary withdrew from last year’s auction…

Swisscom’s net profit is up but operating income declines

This content was published on Apr 10, 2001 Reporting results on Tuesday, the former state monopoly said net earnings rose by more than 32 per cent to SFr3.2 billion ($1.88 billion) but that operating income was down 26.2 per cent to SFr1.8 billion. The healthy increase in net profit was due to asset sales such as the divestment of its Cablecom division. But…

Chiasso border post to stay open longer to ease Gotthard tailbacks

This content was published on Apr 10, 2001 The decision, announced by a special tansport ministry task force on Monday, will lift the night-time ban on traffic in the area, and will last until the tailbacks have been cleared. The Chiasso border post is expected to stay open from Wednesday to Friday. The measure has been approved in coordination with Italy. Hundreds of…

Magnetism makes waves in Winterthur

This content was published on Apr 9, 2001 “Our civilisation would not be at the point where it is today without magnetism,” said museum director, Remo Besio. “Just think of your credit card, your cellular phone or the whole of electricity. There would be no generators, no radio waves, no radar. Hardly any technology could exist without it.” The ancient Greeks knew about…

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Swiss farms see rise in profits

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Swiss and Italian authorities grapple with traffic jams at Chiasso border

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Nokia signs deal with Orange

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Givaudan’s sales smelling of roses

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Ascom reports drop in net income

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Rescue plan presented for AOM and Air Liberté

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Strong sales growth reported for Swisscom’s German subsidiary

More

Swisscom’s net profit is up but operating income declines

More

Chiasso border post to stay open longer to ease Gotthard tailbacks

More

Magnetism makes waves in Winterthur

Popular Stories

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