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Disetronic boosts sales

This content was published on Aug 9, 2001 The Burgdorf-based company said it felt confident that it would achieve sales growth of between 20 and 25 per cent for the year as a whole with a slightly higher rise in net earnings. It gave no profit figures for the first quarter. It said second half sales should speed up and even accelerate depending…

Consumers less confident about economy

This content was published on Aug 9, 2001 The fall was sharper than economists had expected and is a further sign that Switzerland’s economic situation is worsening. Although the country is still far from entering a recession, growth is quickly falling from last year’s robust 3.4 per cent. The consumer confidence index has been in retreat since January 2001 when the reading was…

Sabena remains grounded

This content was published on Aug 9, 2001 Sabena cancelled around 60 flights on Wednesday as workers demanded immediate discussions of newspaper reports that have leaked details of the restructuring programme. Management intends to discuss its plans with union leaders on Thursday. Media reports say Sabena will cut 2,000 staff from its 12,000 workforce, scrap two intercontinental and six European routes, reduce its…

Workers action disrupts Sabena flights

This content was published on Aug 9, 2001 A spokesman for Sabena – which is half-owned by Swissair – said the flights were cancelled after workers in cleaning, catering and baggage control downed tools on Wednesday morning. The airline said it was re-routing passengers to other airlines and added that none of its intercontinental flights was affected. A spokeswoman for the Christian Democratic…

Workers’ action disrupts Sabena flights

This content was published on Aug 8, 2001 A spokesman for Sabena – which is half-owned by Swissair – said the flights were cancelled after workers in cleaning, catering and baggage control downed tools on Wednesday morning. The airline said it was re-routing passengers to other airlines and added that none of its intercontinental flights was affected. A spokeswoman for the Christian Democratic…

“Too clean” Swiss lakes threaten fish stocks

This content was published on Aug 8, 2001 Last year’s fish catch of 1,700 tonnes was down by 10 per cent compared to the past decade’s average results, according to the Swiss Environment Agency. Fishermen’s earnings also dropped by about one-third in comparison to the 1980s. Erich Staub, head of the fisheries division at the agency, told swissinfo the decrease in fish had…

Cormorants return to nest in Switzerland

This content was published on Aug 8, 2001 The nests, discovered by canton Vaud ornithologists, Michel Antoniazza and Pascal Rapin, contained two and three hatchlings respectively. The bird experts came upon the nests while making their regular check on the nesting sites of seagulls and herrings in the Fanel reserve. The cormorant regularly comes to Switzerland around winter time but has chosen neighbouring…

Mövenpick profits melt in slowdown

This content was published on Aug 8, 2001 Sales rose 2.2 per cent to SFr458 million while operating profit slipped to SFr10.1 million from SFr12 million. Mövenpick said its business had been affected by an increasingly difficult economic climate in its core markets. It said operating income decreased mainly as a result of restructuring costs of its Fine Foods Division in Asia. “Changes…

Unemployment heads back up

This content was published on Aug 8, 2001 Although the unemployment rate is still historically low, the upwards movement will worry politicians and economists at a time when several companies have announced profit warnings and job cuts. In recent weeks, the Swiss-Swedish engineering concern, ABB, said it planned to cut 12,000 jobs worldwide with an unknown number to go in Switzerland. The American…

Inquiry opens into Ticino canyoning accident

This content was published on Aug 8, 2001 A 42-year-old man and his 16-year-old daughter died after canyoning on Tuesday in the Ticinese valley. Their bodies were located in the evening, after a rescue team and helicopter were dispatched to the area. The victims had been taking part in an expedition with three other people. Police in Ticino said the accident apparently occurred…

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Internal: Archive

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Disetronic boosts sales

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Consumers less confident about economy

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Sabena remains grounded

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Workers action disrupts Sabena flights

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Workers’ action disrupts Sabena flights

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“Too clean” Swiss lakes threaten fish stocks

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Cormorants return to nest in Switzerland

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Mövenpick profits melt in slowdown

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Unemployment heads back up

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Inquiry opens into Ticino canyoning accident

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