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Swisscom slashes prices

This content was published on Jan 24, 2000 Swisscom has announced sweeping price cuts. The company said phone calls will drop by up to 70 per cent from March 1. The cuts mark a new round in the battle for market share in the liberalised Swiss telecommunications market, and follows a similar move by rival operator, Sunrise, earlier in the month. Swisscom will…

Baggage handlers at Zurich airport stage wildcat strike

This content was published on Jan 24, 2000 Baggage handlers at Switzerland’s largest airport, Zurich Kloten, have gone on strike, forcing passengers to carry their own luggage onto their planes. The surprise strike started at 5:30 this morning, local time, when about 150 baggage handlers walked off the job. The porters, who are employed by the SAir subsidiary, Swissport, are upset by the…

Clariant makes take-over bid for BTP

This content was published on Jan 24, 2000 The Swiss speciality chemicals company, Clariant, has confirmed that it is making a take-over bid for the British BTP Group, offering 600 pence for each BTP share. This would value BTP at £1.08 billion (around SFr2.8 billion). The 600 pence per share offer represents a premium of more than 72 per cent above the middle…

Swiss railways join chorus of discontent with ADtranz

This content was published on Jan 23, 2000 The Swiss Federal Railways have expressed concern at ADtranz’s failure to supply 24 new tilting trains as planned. Eight of the trains should already have been delivered, but testing procedures have only just begun, causing a delay of six months. The Federal Railways are worried about the situation, confirmed Theo Weiss, who is head of…

Clariant to pay large premium for British chemical firm

This content was published on Jan 23, 2000 Clariant, the largest speciality chemicals group in Switzerland, is expected to announce an agreed takeover bid for BTP on Monday. According to the Sunday Times newspaper, Clariant will pay a huge premium of 72 percent for the British chemicals company. The Swiss group will pay about 600 pence a share for BTP, in a deal…

Swiss railways joins chorus of discontent with Adtranz

This content was published on Jan 23, 2000 The Swiss Federal Railways have expressed concern at Adtranz’s failure to meet a commitment to supply 24 new tilting trains. Eight of the trains should already have been delivered, but trials with the second unit have only just begun. In a television interview, Adtranz spokesman Werner Bohli blamed the delays on “unfortunate circumstances”, including problems…

Denner announces expansion plans

This content was published on Jan 22, 2000 The discount supermarket chain, Denner, has announced an expansion plan which aims to more than double the number of branches by 2004. “In four years time we hope to have 650 Stores, comprising of 400 Denner-Top-Discount stores and 250 spin offs,” explained the 28-year-old Denner Chief, Phillippe Gaydoul, in an interview in the Basler Zeitung…

Swiss economy in good shape, says Villiger

This content was published on Jan 22, 2000 The finance minister, Kaspar Villiger, has given an upbeat report on the present state of the Swiss economy at a Radical Party conference in Basel. “Our country is doing better than we think,” he said. Overall, conditions in the country “are good”, but there remains a lot to be done. Villiger explained to the delegates…

Bad weather hampers Swiss balloon festival

This content was published on Jan 22, 2000 Gusty winds and freezing conditions put a dampener on the hot air balloon festival at Chateau D’Oex on Saturday with over half of the 70 balloons failing to lift off. Even the Swiss round-the-world balloonist, Bertrand Piccard, was grounded. His teammate, Brian Jones, a British pilot who circumnavigated the globe with Piccard, had more luck…

Expo bosses tell government they have met conditions

This content was published on Jan 21, 2000 Organisers of the planned but troubled national exhibition, Expo.02 – headed by Radical Party president, Franz Steinegger (pictured) – believe they have now met the government’s conditions to ensure the project gets the go-ahead. The board of Expo.02 gave details at a news conference in Berne of a new streamlined budget, saying it had met…

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Swisscom slashes prices

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Baggage handlers at Zurich airport stage wildcat strike

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Clariant makes take-over bid for BTP

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Swiss railways join chorus of discontent with ADtranz

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Clariant to pay large premium for British chemical firm

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Swiss railways joins chorus of discontent with Adtranz

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Denner announces expansion plans

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Swiss economy in good shape, says Villiger

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Bad weather hampers Swiss balloon festival

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Expo bosses tell government they have met conditions

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