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Comet chaser faces lengthy delay

This content was published on Jan 15, 2003 The Rosetta spacecraft, which carries an instrument designed at Bern University, was due to embark on its ten-year journey before the end of the month. The European Space Agency (ESA) and its rocket operator, the Arianespace consortium, announced the project would be postponed because of lingering concerns about the reliability of the Ariane 5 launcher.…

Swiss pop gets the hard sell

This content was published on Jan 15, 2003 But a new organisation, known as Swiss Music Export (SME), is hoping to change all that. Officially launched in both Zurich and Lausanne this week, SME has set itself the challenging task of increasing international awareness of contemporary Swiss music. The association’s director Marc Ridet insists there’s plenty of talent in Switzerland, particularly in the…

Big rise in bankruptcies

This content was published on Jan 15, 2003 The Swiss business information agency, Creditreform, said a total of 8,802 bankruptcies were registered in 2002, up eight per cent on the previous year. Corporate bankruptcies were up 11 per cent, the first rise since 1997, while private bankruptcies were six per cent higher than in 2001. Creditreform blamed the “worse than anticipated” economy and…

Railway stations undergo transformation

This content was published on Jan 15, 2003 Swiss Federal Railways hopes that by turning once drab and dingy stations into bright, clean shopping centres it will attract more passengers. Zurich, Basel, Lausanne, Geneva, Winterthur and Lucerne stations are all scheduled for major makeovers, with renovation work in Bern main station almost complete. “If we want to move more people on to the…

Comet chaser prepares for take-off

This content was published on Jan 15, 2003 The mission will involve the first attempt to try to land a robot on a comet. The Rosetta spacecraft, whose payload includes an instrument designed at Bern University, is embarking on a ten-year journey. It will be the most detailed study of a comet ever undertaken and should reveal much about how the solar system…

Swiss top in attracting venture capital in Europe

This content was published on Jan 14, 2003 Innovative firms have raised more venture capital than firms in Belgium and the Netherlands. The total of €225 tracked by Windmill Reports, the organisation that conducted survey, was very close to the amounts raised in Denmark and Sweden. Observers familiar with the Swiss investment scene say that the country outperforms its size due to strong…

Where angels thrive

This content was published on Jan 14, 2003 It is a good thing too because the venture capital investors are not. Angel investors are active in the information technology sector in Switzerland giving young companies, too small or too risky for venture capital investors, the needed cash to develop the business. Startup companies, such as TelcoPay AG, AlpVision SA, SVOX AG, Seclutions AG,…

Swisscom to cut 1,050 jobs

This content was published on Jan 14, 2003 Trade unions have condemned the job losses, which are part of a wider cost-cutting programme that was decided in 2000. Swisscom announced on Monday that a further 600 jobs were to be shed – four per cent of the workforce – on top of the 450 already planned for this year. The company said in…

Switzerland remains second most globalised nation

This content was published on Jan 13, 2003 The third annual Globalisation Index revealed that only the Republic of Ireland performed better in 2001. The index – jointly compiled by the management consulting firm, AT Kearney, and Foreign Policy Magazine – measures economic, social, political and technological integration in 62 countries, using available data through to the end of 2001. Switzerland’s second place…

Rough ride for Swiss horses

This content was published on Jan 11, 2003 Swiss Animal Protection (SAP) claims that many horses are being neglected both by their owners and by Swiss law. “The Federal Veterinary Office only produces guidelines for how horses should be kept,” explains SAP spokesman Mark Rissi. “Unlike with other farm animals, there are no binding laws related to the keeping of horses. “The cantonal…

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Comet chaser faces lengthy delay

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Swiss pop gets the hard sell

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Big rise in bankruptcies

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Railway stations undergo transformation

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Comet chaser prepares for take-off

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Swiss top in attracting venture capital in Europe

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Where angels thrive

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Swisscom to cut 1,050 jobs

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Switzerland remains second most globalised nation

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Rough ride for Swiss horses

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