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Swiss motorway service stations heavily criticised

This content was published on Jun 27, 2001 Six Swiss service stations were among 95 facilities surveyed by an association of European automobile associations, including Switzerland’s Touring Club of Switzerland (TCS). It found that three failed to meet minimum standards. “As a whole the Swiss motorway service stations, which were once so exemplary, obtained catastrophic results,” the testers said in their report. “Fifty…

Lake Geneva welcomes back oar-inspiring medieval galley

This content was published on Jun 27, 2001 With the arrival on the water of La Liberté, an important part of this region’s maritime heritage, which many believed had been lost forever, has been revived. “Galleys actually existed here on the lake. They’re an important part of this region’s heritage,” says Jean-Pierre Hirt, the driving force behind the project. “This is a fantastic…

Swiss biologist wins prestigious science award

This content was published on Jun 27, 2001 The prize, worth SFr1.8 million ($1 million), was given to Busslinger in recognition of his research into the formation of blood cells. Busslinger, who was presented the award by the Austrian research minister, Elisabeth Gehrer, is attached to the Vienna-based Research Institute of Molecular Pathology (IMP). The Swiss scientist is one of a team of…

Village evacuated in Zermatt valley

This content was published on Jun 26, 2001 The water reached Täsch late on Monday evening, washing away a bridge crossing the stream. Up to 150 people had to leave their homes, and by Tuesday a dozen had still not returned. The “Weingartensee”, the lake which caused the flooding, lies above 3,000 metres. The layer of snow and ice which normally covers the…

Holcim gains approval to take control of Indonesian cement producer

This content was published on Jun 26, 2001 After a wide-ranging restructuring process, Holcim’s stake could now increase to 74.5 per cent from its current 12.5 per cent. The plan will involve Holcim assuming debts with a discounted value of SFr310 million ($175 million). Holcim is one of three leading world cement companies aiming to acquire struggling Indonesian firms which fell into liquidity…

New interactive guide to national park

This content was published on Jun 26, 2001 The CD-ROM, in English and all four Swiss national languages, contains 450 pages and over 800 illustrations, along with virtual flights and interactive panoramas, covering much of Switzerland’s alpine terrain. The head of the National Park Commission, parliamentarian Andrea Hämmerle, said the CD-ROM guide heralded a new era for nature reserves in Switzerland. Franz-Sepp Schulz,…

Blaser urges social responsibility on Swiss business

This content was published on Jun 26, 2001 In his speech to the association’s annual meeting in Zurich, Blaser spoke about a growing lack of credibility for business leaders. He said the recession of the 1990s had resulted in mass redundancies, mergers and restructuring that had often been badly communicated. He said the pressure for short-term returns had often led to knee-jerk reactions…

Hotel trade records best ever winter season

This content was published on Jun 26, 2001 The Federal Office for Statistics reported on Tuesday the number of overnight stays between November and April rose by just over half a million – 3.5 per cent more than the 2000 winter season. It was the best result since records began in 1934, and underlined the extent to which the tourist trade in Switzerland…

Temenos makes stock exchange debut

This content was published on Jun 26, 2001 Temenos shares began trading at SFr23 ($13) each, valuing the company at around SFr1.19 billion. The group expects its initial public offering to raise around SFr231 million. The flotation is considered a litmus test for tech IPOs in today’s more sober environment where investor expectations have become more realistic after last year’s inflated valuations. The…

Swiss blue chips make successful move to London

This content was published on Jun 25, 2001 Stock exchange spokesman Leo Hug said the launch, featuring 29 leading Swiss companies in the Swiss Market Index, including such names as Nestlé and Swissair, had gone smoothly and without problems. Traders expressed satisfaction after the start of virt-x, adding that it had a good potential for success. However, they warned that its efficiency could…

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Swiss motorway service stations heavily criticised

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Lake Geneva welcomes back oar-inspiring medieval galley

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Swiss biologist wins prestigious science award

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Village evacuated in Zermatt valley

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Holcim gains approval to take control of Indonesian cement producer

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New interactive guide to national park

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Blaser urges social responsibility on Swiss business

More

Hotel trade records best ever winter season

More

Temenos makes stock exchange debut

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Swiss blue chips make successful move to London

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