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Speculation grows over SAirGroup’s future

This content was published on Apr 1, 2001 Ever since SAirGroup plunged into crisis just over two months ago, dealers on the Swiss market have been waiting for news of just how bad the situation at the airline really is, and the media has been full of speculation over the company’s future. On Monday, the group’s newly-appointed chairman and chief executive, Mario Corti,…

Traffic returns to normal around Gotthard Tunnel

This content was published on Mar 31, 2001 At one stage on Friday, more than 850 trucks were blocked on the road heading towards the Chiasso frontier post on the border with Italy. Facilities at Chiasso have been stretched to the limit by large numbers of trucks – up to 5,500 a day – since a new heavy goods vehicle tax was introduced…

Switzerland and Europe look toward increasing scientific ties

This content was published on Mar 30, 2001 The EU’s research commissioner, Philippe Busquin, said in Bern on Friday he hoped Switzerland would take an active role in a four-year European scientific research programme, scheduled to run from 2002 to 2006. During talks with the Swiss home affairs minister, Ruth Dreifuss, Busquin said the Swiss scientific community “was one of the best in…

Russia calls for more investment by Swiss companies

This content was published on Mar 30, 2001 Couchepin is leading a delegation of industry leaders to Russia to assess whether reforms initiated by President Vladimir Putin have made the country a safer place to do business. “We want Swiss investors to feel at home here,” Gref said after his meeting with Couchepin. Russia and Switzerland on Friday signed an agreement worth SFr4.9…

Fresh calls for gene technology moratorium

This content was published on Mar 30, 2001 They say proposals by the Senate to impose tight controls on growers of GM plants do not go far enough. Organisations including Pro Natura and the Swiss branch of the World Wide Fund for Nature want a clearly defined, legal moratorium. During their discussion on legislation governing gene technology, members of the Senate said their…

Switzerland joins criticism of United States over Kyoto climbdown

This content was published on Mar 30, 2001 During bilateral talks in Geneva with the French president, Jacques Chirac, Leuenberger said he was “very disappointed with the decision taken by the United States” and guaranteed that Switzerland would honour the agreement signed in Japan in 1997. “The climate protocol is connected with the issue of human rights,” Leuenberger said after this meeting. “If…

SAirGroup shares come under heavy pressure

This content was published on Mar 30, 2001 Shares in the company, which is due to announce its long-awaited financial figures at a news conference in Zurich on Monday, plunged by more than eight per cent during the course of the day. Market players believe that there are some people who know “something more” than others, ahead of the scheduled meeting. Figures showing…

Switzerland’s Alternative Bank celebrates 10th birthday

This content was published on Mar 30, 2001 Formed in 1991 by a group of like-minded people, the ABS then attracted the financial support of such organisations as the World Wide Fund for Nature (Switzerland) and other socially responsible groups. The deputy chief executive of the ABS, Claudia Nielson, told swissinfo that business had grown tremendously in the past two or three years,…

Swisscom sells off further real estate

This content was published on Mar 30, 2001 The former monopoly, which is still 65 per cent owned by the Swiss government, has sold 162 buildings to PSP Real Estate Group for SFr1.28 billion ($740 million). Earlier this month it sold 28 buildings to a consortium led by Credit Suisse Asset Management in a deal worth SFr1.27 billion. Swisscom says it will make…

Opportunity knocks for Swiss business in Asia

This content was published on Mar 30, 2001 One organisation which has been trying to counteract this imbalance is the Swiss Export Association, which was started as an industry-funded concern in 1973. Christoph Häner, a member of Swiss Export’s executive board, told swissinfo: “We’re trying to assist small and medium-sized Swiss companies who are planning to export but lack the expert knowledge within…

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Speculation grows over SAirGroup’s future

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Traffic returns to normal around Gotthard Tunnel

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Switzerland and Europe look toward increasing scientific ties

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Russia calls for more investment by Swiss companies

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Fresh calls for gene technology moratorium

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Switzerland joins criticism of United States over Kyoto climbdown

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SAirGroup shares come under heavy pressure

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Switzerland’s Alternative Bank celebrates 10th birthday

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Swisscom sells off further real estate

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Opportunity knocks for Swiss business in Asia

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