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Sulzer continues upward trend

This content was published on Aug 24, 2000 Orders at the Winterthur-based technology group rose by five per cent to SFr2.9 billion during the same period. Sales were more or less unchanged at SFr2.5 billion. Sulzer chairman, Ueli Roost, said the figures showed the company was “well on course with the ‘Performance’ restructuring programme”. He added that when exceptional items from the previous…

Switzerland steps up moves to protect environment

This content was published on Aug 24, 2000 Addressing the conference on Thursday, Roch said a multitude of projects to promote sustainable development on both local and federal levels were gathering pace. Participants at the two-day conference in Berne took stock and exchanged views on projects which are part of the “Agenda 21” adopted by 179 countries at the United Nations environmental summit…

Emmental to benefit from sustainable development project

This content was published on Aug 24, 2000 “Agenda 21”, adopted by 179 countries at the United Nations environmental summit eight years ago, aims to preserve and promote sustainable development. There are currently 48 projects across Switzerland. The project in Emmental region, which is known worldwide for its cheese, aims to keep the landscape intact and make the region more attractive for the…

Bribes no longer tax deductible

This content was published on Aug 23, 2000 The government announced on Wednesday that changes to federal laws on direct taxation would come into effect on January 1, 2001. The change will affect both private individuals and companies, which will no longer be to able list bribes among legitimate business expenses. The right has been recognised by law since 1946, but was a…

Switzerland bans uncut diamonds from Sierra Leone

This content was published on Aug 23, 2000 The decision, announced on Wednesday, follows a similar move by the United Nations in July, and is aimed at preventing rebels in the west African country from using gem sales to fund their war against the government. The ban will not apply to stones that have a certificate of origin and have been approved by…

Swiss scientists build cheaper supercomputer

This content was published on Aug 23, 2000 Supercomputers have traditionally been powerful machines that lurk in computing centres, and carry out tasks according to demand. Customers supply applications that only the number-crunching capacities and speed of a supercomputer can handle. The main drawback is cost – supercomputers are very expensive to run, and the cost of developing more powerful machines can be…

Rising numbers at Schindler

This content was published on Aug 23, 2000 The group, which produces elevators and escalators, saw orders rise in the first half of 2000 by 19 per cent to reach SFr4.3 billion. Growth was 14 per cent in local currencies. The group’s healthy performance was not matched by the systems business of its ALSO unit, which posted a first-half operating loss of SFr6…

Strong growth for Switzerland’s main exporters

This content was published on Aug 23, 2000 At a news conference in Berne on Wednesday, Swissmem said growth in orders for the first half were up by 18.6 per cent over 1999 figures. Sales were up by 7.9 per cent. The strongest improvement was in the domestic market, with second quarter orders recording growth of 52.6 per cent. Orders from abroad rose…

Nestlé profits beat analyst forecasts

This content was published on Aug 23, 2000 Trading profit at the canton Vaud-based multinational rose 23 per cent to SFr4.3 billion on sales of SFr39 billion, up from SFr35 billion. All the figures beat the consensus analyst forecast for the group. In a statement, Nestlé said the strong sales performance reflected the group’s emphasis on internal growth. It attributed profit growth to…

Profits plunge at SAirGroup

This content was published on Aug 22, 2000 However, in a statement from its headquarters in Zurich, the group forecast that it would end the year in profit. SAirGroup blamed the profit fall on a “massive rise” in fuel prices and negative currency influences. It said the group’s airline-related activities could only partially offset the high costs in the air transport sector. “If…

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Sulzer continues upward trend

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Switzerland steps up moves to protect environment

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Emmental to benefit from sustainable development project

More

Bribes no longer tax deductible

More

Switzerland bans uncut diamonds from Sierra Leone

More

Swiss scientists build cheaper supercomputer

More

Rising numbers at Schindler

More

Strong growth for Switzerland’s main exporters

More

Nestlé profits beat analyst forecasts

More

Profits plunge at SAirGroup

Popular Stories

Most Discussed