Cluster: Archive

Swiss Federal Railways stay on track

This content was published on Apr 9, 2001 Figures released on Monday showed that both an increase in the number of passengers and more cargo traffic contributed to growth. The number of passengers rose 3.9 per cent to 286.8 million while goods transported expanded 5.6 per cent to 60.5 million tonnes. Turnover stood at more than SFr6 billion while operating profit reached SFr336.6…

ABB bids for France’s Entrelec

This content was published on Apr 9, 2001 In a statement released on Monday, ABB said the deal offered great potential for both companies. “This acquisition is a very effective strategic fit for both companies and will open significant new growth opportunities,” said ABB president, Jörgen Centermann. Entrelec is a supplier of industrial automation and control products, including electrical connecting devices, time relays,…

Sulzer urges shareholders to reject InCentive bid

This content was published on Apr 9, 2001 Sulzer’s recently appointed chairman, Leonardo Vannotti, told swissinfo that the InCentive bid is “too low and doesn’t correspond to the value of the enterprise”. On Friday, InCentive Capital, which is owned by financier Réné Braginsky, increased its offer for Sulzer’s industrial operations by SFr20 to SFr430 per share. It also sweetened its paper bid by…

World Health Day puts mental illness in spotlight

This content was published on Apr 7, 2001 A public symposium, organised by Geneva University Hospitals, brought together some of Switzerland’s leading doctors and mental health specialists to highlight scientific progress made during research into mental illness. A round table discussion about the relationship between human rights and mental health was held at Geneva’s Palais des Nations, while in Lausanne an open discussion…

Inventors offer solutions in Geneva

This content was published on Apr 7, 2001 Hundreds of exhibitors from more than 40 countries have displayed their products or ideas at Palexpo. Among this year’s entries are a machine for humanely killing lobsters, devices to screen radio frequency waves from portable phones or reduce the wear of the tyres of aircraft on landing, and an umbrella holder which serves to hold…

Traffic builds up around Gotthard Tunnel

This content was published on Apr 7, 2001 On Friday, a 12-kilometre tailback at the northern entrance to the tunnel led to even longer delays. The traffic flow has improved on the situation one week ago, when more than 850 trucks were blocked on the road heading towards the Chiasso frontier post on the border with Italy. Last week, the Swiss government announced…

Swiss bank tells staff to tighten their belts

This content was published on Apr 7, 2001 Bosses at CSFB were reported to have sent a memo to colleagues saying: “Given current market conditions, try to keep dinners below $10,000, particularly when no travel is involved.” CSFB refused to comment on the report in Britain’s Financial Times newspaper, which says that the bank has also ordered employees to put a stop to…

Swiss mudslide village offered cruise by Greek tycoon

This content was published on Apr 6, 2001 Georges Poulides, chairman and chief executive of Festival Cruises, issued the invitation to the 150 inhabitants of Gondo as a gesture of solidarity. He said he had driven through the village on many occasions on his way to the nearby resort of Crans Montana. Around 90 villagers seemed keen to take up the offer. They…

Swiss NGO guarantees fair deal for carpet makers

This content was published on Apr 6, 2001 Step says there are now 32 companies in Switzerland which adhere to its code of conduct. Their sales account for 25 per cent of the Swiss market, and they sell a total of 90,000 square meters of oriental carpets a year. Step’s efforts to improve the living and working conditions of carpet makers involve random…

Swiss firm to participate in building of new Ariane rocket

This content was published on Apr 6, 2001 Under the deal with Arianespace, Contraves Space is to produce eight payload fairings per year for the new Ariane 5 heavy-lift launcher. The satellites are due to be sent into orbit starting this summer. The Zurich firm has a long history of links with European space programmes. It developed the payload fairings for the first…

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Swiss Federal Railways stay on track

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ABB bids for France’s Entrelec

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Sulzer urges shareholders to reject InCentive bid

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World Health Day puts mental illness in spotlight

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Inventors offer solutions in Geneva

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Traffic builds up around Gotthard Tunnel

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Swiss bank tells staff to tighten their belts

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Swiss mudslide village offered cruise by Greek tycoon

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Swiss NGO guarantees fair deal for carpet makers

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Swiss firm to participate in building of new Ariane rocket

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