Cluster: Archive

Nextrom changes strategy

This content was published on Nov 8, 2000 The company, based in Ecublens in canton Vaud, will reorganise its metallic cable, pipe and film equipment businesses into separate units and ultimately sell them. Nextrom said the restructuring, which should be completed within two years, would not cost any jobs either in Switzerland or abroad. The company estimates that demand for fibre optics should…

Swiss committed to helping southeast Europe

This content was published on Nov 7, 2000 Deiss said a commitment to the region was in Switzerland’s long-term interests. “The lasting stabilisation of south-eastern Europe is still one of the major tests facing Europe, and therefore Switzerland,” he said. He was speaking at the fifth annual government conference on co-operation with eastern Europe. This year, the event focused on the fifth anniversary…

CERN festival combats physics image problem

This content was published on Nov 7, 2000 The event, which coincides with European Science and Technology week, is being jointly organised by the three biggest physics research institutions in Europe: CERN, the European Space Agency and the European Southern Observatory. It is the first time they have worked together so closely. The catalyst has been the brain drain away from physics. “One…

Kuoni upbeat about profits

This content was published on Nov 7, 2000 Kuoni said on Tuesday that nine-month sales were up by 19.1 per cent to SFr3.06 billion and that group profits rose by 38.8 per cent to SFr97.3 million. A statement said the increase in turnover was due both to acquisitions and to internal growth, with currency fluctuations having only a negligible effect. Kuoni last month…

Swiss Life to launch integrated financial portal

This content was published on Nov 7, 2000 The redsafe.com site will offer a range of online services including banking, securities trading and funds and insurance products from Swiss Life as well as other companies. The service, to be launched at the beginning of next year, will be based in Zurich and will employ 40 people. If successful, it will quickly expand into…

Tamoil plans upgrade of Swiss refinery

This content was published on Nov 7, 2000 A management statement said modernisation of the plant was needed to assure its profitability. Some 40 jobs could be created as a result of the investment. Tamoil, which is part of the Oilinvest group of the Netherlands, said the Collombey plant no longer corresponded to the needs of the Swiss market. In future it is…

Swiss Life to launch Internet bank

This content was published on Nov 7, 2000 Under the name redsafe.com, the first exclusive online bank will provide a comprehensive range of online financial services. In a statement on Tuesday, Swiss Life said its Redsafe Bank would have its head office in Zurich and employ about 40 people. Apart from banking products and securities trading on various stock exchanges, redsafe.com will also…

Unemployment holding steady at nine-year low

This content was published on Nov 7, 2000 Figures from the State Secretariat for Economic Affairs in Bern show that 62,953 people are jobless, 624 more than at the end of September. Worst affected is canton Geneva where unemployment is 4.1 per cent. Joblessness is also above the national average in the other French-speaking cantons (except Fribourg and Jura), and in Italian-speaking Ticino.…

Swiss show strong interest in US election

This content was published on Nov 7, 2000 Swiss companies are firmly behind the Republican presidential challenger, George W Bush. Financial analysts say a Bush victory would strengthen the dollar, making Swiss exports more competitive. For its part, the Swiss government is hoping that the new administration will continue to maintain its involvement in peacekeeping operations abroad, especially in the Balkans. Neither Bush…

Switzerland signs free trade agreement with Mexico

This content was published on Nov 6, 2000 The four EFTA states (Liechtenstein, Norway, Iceland and Switzerland will now be able to tap into the Mexican market which has so far been the preserve of the United States and the European Union. “The accord covers all the issues related to commercial relations between the EFTA states and Mexico, including services and investments, rules…

Cluster: Archive

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Cluster: Archive

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Nextrom changes strategy

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Swiss committed to helping southeast Europe

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CERN festival combats physics image problem

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Kuoni upbeat about profits

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Swiss Life to launch integrated financial portal

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Tamoil plans upgrade of Swiss refinery

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Swiss Life to launch Internet bank

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Unemployment holding steady at nine-year low

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Swiss show strong interest in US election

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Switzerland signs free trade agreement with Mexico

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