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RFID firm Datamars finds new investors

This content was published on Apr 1, 2005 A consortium of private-equity investors from France, Switzerland, Belgium and Germany announced on Thursday that they had bought a majority stake in the radio frequency identification (RFID) company for €12 million ($15.56 million). Datamars, located near Lugano, is best known for making tiny radio tags containing chips with unique 12-digit codes. Read at a short…

Swiss biotech firms have edge over neighbours

This content was published on Apr 1, 2005 Publication of the Swiss Biotech Report 2005 comes as a major biotech multinational, Amgen, considers building a new production centre at Galmiz in western Switzerland. Amgen’s plans have sparked outrage among environmentalists who are incensed that former farming land might be used for such a centre. But local government is keen to attract the firm,…

Wage dumping held in check

This content was published on Apr 1, 2005 The measures were introduced to accompany the free movement of people agreement with the European Union, which has raised fears of wage dumping. Friday’s government report comes two months after trade unions accused cantons and employers of not doing enough to protect working conditions and minimum salaries. However, the State Secretariat for Economic Affairs (Seco)…

Swiss technology keeps an eye on A380 engines

This content was published on Apr 1, 2005 vibro-meter based in Fribourg in western Switzerland has supplied a system that provides a detailed image of engine condition. It is designed to give vital data about the “health” of the engines, as well as saving maintenance costs. vibro-meter is supplying the so-called Engine Monitoring Unit, which is installed on each of the A380’s four…

Costs rise for transalpine rail tunnels

This content was published on Apr 1, 2005 The transport ministry said on Friday that difficult geological conditions were partly to blame for the rise in costs. The Gotthard and Lötschberg tunnels are key to the Swiss government’s goal of moving north-south freight traffic through the Alps from road to rail. The Lötschberg is due to open in 2007, while the 57km Gotthard…

Majority of Swiss back aid to developing world

This content was published on Mar 31, 2005 At the same time the number of people in favour of slashing federal funds for development assistance has risen compared with five years ago. The report, published on Thursday, was carried out for the Swiss Agency for Development and Cooperation (SDC) and the Swiss Coalition of Development Organisations – a group of non-governmental organisations. It…

Swiss Post announces record profit

This content was published on Mar 31, 2005 The state-owned giant reported positive figures across all sectors of the company, adding that it had made inroads into new and highly competitive markets. “Swiss Post was able to massively increase its profit to SFr837 million compared with SFr366 million for the year before,” the company said in a statement on Thursday. It said the…

Basel ticks to the rhythm of the watch world

This content was published on Mar 31, 2005 The event is the world’s leading meeting place for specialists in watches, jewellery and precious gems, and this year looks set to give a further boost to the luxury sector. “This exhibition is of significant importance for both national and international economies,” commented Jacques Duchêne, president of the exhibitors’ committee. “Very significant revenues are achieved…

Aid experts report huge devastation on Nias

This content was published on Mar 30, 2005 They say almost half the buildings in the main town of Gunungsitoli have been razed to the ground and people are using their bare hands to search for survivors owing to a lack of heavy equipment. According to the United Nations, more than 500 people have died on the island following the earthquake, which measured…

Government closes chapter on book agreement

This content was published on Mar 30, 2005 According to the book industry, the move will destabilise the market in German-speaking parts of the country and cause many small bookshops to close. The government announced its final decision on Wednesday stating that it did not wish to oppose the Swiss Competition Commission (Comco), which had banned the agreement in March 2005, and added…

Internal: Archive

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RFID firm Datamars finds new investors

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Swiss biotech firms have edge over neighbours

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Wage dumping held in check

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Swiss technology keeps an eye on A380 engines

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Costs rise for transalpine rail tunnels

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Majority of Swiss back aid to developing world

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Swiss Post announces record profit

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Basel ticks to the rhythm of the watch world

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Aid experts report huge devastation on Nias

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Government closes chapter on book agreement

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