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Hiltl: Europe’s first vegetarian restaurant

This content was published on Mar 8, 2004 The entrepreneur who started the restaurant dynasty, Ambrosius Hiltl, would not recognise most of the oriental dishes dominating the menu today, but his innovative spirit is alive and well. “My great-grandfather, the founder, was sick when he was about 20 years old with arthritis,” explains Rolf Hiltl, the fourth generation of Hiltls to run the…

IMF tells Swiss to liberalise to boost growth

This content was published on Mar 8, 2004 It said the economy was on the path to recovery but warned that liberalisation and other market reforms were needed to stimulate growth. In its annual assessment of the Swiss economy, the IMF said that after having flirted with recession for the past three years, there were encouraging signs of growth, with Gross Domestic Product…

SIG takes a loss to pack its future

This content was published on Mar 8, 2004 Sales at the industrial concern, which is based in Neuhausen am Rhein, rose by one per cent to €1.896 billion. Operating profit in core activities slipped to €120 million, down from €139 million in 2002 when SIG reported a net profit of €10 million. SIG said in a statement on Monday that it expected growth…

Swiss feel new surge of patriotism

This content was published on Mar 5, 2004 The findings also showed that most people were willing to pay more for Swiss-made products. The GfS, which interviewed 1,006 people, says the findings point to a “new patriotism” among the Swiss. However, it stressed that this should not be confused with the recent political shift to the right. The rightwing Swiss People’s Party emerged…

Adecco sets date to come clean

This content was published on Mar 5, 2004 The company hopes to repair its image and boost its share value, which both took a battering when it disclosed accounting problems in January. In a statement, Adecco’s board of directors reiterated that to date there was no evidence demonstrating “major misappropriations or irregularities” that would be financially significant to the company as a whole.…

2003 was hottest summer in 500 years

This content was published on Mar 4, 2004 Their study, which was published in “Science” magazine, examined European temperatures over the past 500 years. The findings confirmed that global warming is indeed taking place. Not only was 2003 the hottest summer for 500 years, but winter and summer temperatures in the three decades from 1973 to 2003 were the highest since 1500 too.…

MPs cry foul as new investors move into football

This content was published on Mar 4, 2004 A Swiss parliamentarian has tabled a motion in the Council of Europe calling for stricter checks on the background of investors and into the origin of their money. In July, Ukrainian investors bailed out the ailing Swiss team, FC Wil, acquiring a 51 per stake in the club for SFr1.1 million. In the same month,…

Unique reports slim 2003 profit

This content was published on Mar 4, 2004 On Thursday the firm said earnings before interest and taxes rose to SFr84 million, up from SFr69 million in 2002, beating market expectations. René Zahner, an analyst at Aargau Cantonal Bank, said the result “looked good” but was influenced by an extraordinary gain of SFr43 million from the early redemption of company bonds. Zahner said…

Business angels seek new investments in Zurich

This content was published on Mar 3, 2004 They hope to attract capital and coaching from some of the region’s experienced entrepreneurs who are actively investing in young companies as members of the angel network. There has been no diminishment of interest by the wealthy individuals who participate at similar events across the region. BrainsToVentures, which hosts such events three times a year,…

Carmakers have women in their sights in Geneva

This content was published on Mar 3, 2004 Organisers of the event’s 74th edition say this year’s show reflects the rapidly growing buying power of women, as well as their influence on design. The show, which was opened by the Swiss president, Joseph Deiss, has 56 concept cars on display and 17 prototypes. “One of the stars among the world premieres being unveiled…

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Hiltl: Europe’s first vegetarian restaurant

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IMF tells Swiss to liberalise to boost growth

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SIG takes a loss to pack its future

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Swiss feel new surge of patriotism

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Adecco sets date to come clean

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2003 was hottest summer in 500 years

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MPs cry foul as new investors move into football

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Unique reports slim 2003 profit

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Business angels seek new investments in Zurich

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Carmakers have women in their sights in Geneva

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