Cluster: Archive

Novartis to transfer 1,250 staff

This content was published on Jun 29, 2000 Negotiations are currently taking place with the French groups Elyo and Videndi for the management of Novartis’s energy procurement and waste disposal operations. Talks are also being held with the Swiss-Swedish technology group ABB and Johnson Controls of the United States to take over Novartis’s technical services operation. In a statement, Novartis said that no…

Swisscom reaches agreement with staff

This content was published on Jun 29, 2000 The measures, which have yet to be negotiated in detail, aim to make the restructuring process in the group’s core domestic business as socially acceptable as possible. Swisscom announced plans in March to cut 6,000 jobs between 2001 and 2003. It has taken Swisscom and the staff associations six weeks to reach agreement on the…

Scana sells Belgian unit

This content was published on Jun 29, 2000 The shareholders of Scana Noliko International are two groups specialised in the area of risk capital (LRM and NesBic Investment Fund). Management of Scana Noliko will remain the same. No financial details were released on the deal. Scana Noliko manufacturers and distributes vegetables, oven-ready meals and jams, and is number one in its field in…

Rules of globalisation have to change, ILO chief says

This content was published on Jun 29, 2000 Somavia said that the rules of globalisation, currently being discussed at a United Nations summit in Geneva, would need to be changed. “If we want the Social Summit to work, we have to change the policies that have accompanied globalisation,” Somavia said in an exclusive interview with swissinfo. “We have the political capacity to do…

Space biology unit wins prestigious contract

This content was published on Jun 28, 2000 The Paris-based Agency is decentralising its activities on the space station, expected to be operational by the year 2004, to several sites across its 14 member countries. The Federal Institute’s space biology group will provide back-up in the fields of space biology and biotechnology. That means arranging projects and experiments on the station, providing information…

Federal Railways face competition from Italy

This content was published on Jun 28, 2000 After approval of the bilateral agreements with the European Union, Switzerland will recognise the licence, says Davide Demicheli from the Swiss federal transport ministry. However, this cannot take place before the bilateral accords come into force. Ferrovie Nord, based in the northern Italian region of Lombardy, now has to apply to the Swiss Transport Ministry…

Moody’s downgrades Swiss Re

This content was published on Jun 28, 2000 In a statement from London, Moody’s said that the decision was as much a reflection of company-specific factors as of powerful market forces affecting all industry participants. “The change in outlook reflects mounting evidence that market and shareholder pressures are driving Swiss Re to take a comparatively aggressive stance in capital management, acquisitions and business…

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International financial institutions fight their corner at social summit

This content was published on Jun 28, 2000 “We are all on a very steep learning curve,” World Bank managing director Mamphela Ramphele told swissinfo. “No one agency is responsible for globalisation. Globalisation has been a marching force, which has forced all of us to rethink the world we live in.” “Development is a risky business. Anyone who thinks you can have development…

Basel confident on Roche environmental record

This content was published on Jun 28, 2000 Under a new environmental cooperation agreement signed by both parties on Wednesday, the canton is released from absolute control while still retaining ultimate responsibility. The accord regulates what data Roche has to collect and hand over to the authorities, and at what intervals. “More and more firms are in a position to understand the effect…

Construction industry warns recovery must be backed by restructuring

This content was published on Jun 28, 2000 The Alliance of Construction Industry Organisations, created by the three groups two years ago, said in Zurich on Wednesday that machinery purchases for the construction sector had increased sharply. Fritz Haldimann, president of the Swiss Construction Industry Group, one of the members of the alliance, said that over the first quarter of the year businesses…

Cluster: Archive

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