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Bankruptcies fall again

This content was published on May 18, 2001 The Federal Statistical Office said on Friday that bankruptcies last year involved losses of some SFr4 billion ($2.3 billion). The number of bankruptcies reached their high point in Switzerland in 1996 when 10,541 cases were opened. Since then, they have declined steadily. Last year’s figure is 17.8 per cent less than in 1996. The office…

Swisscom cuts connection with All Wireless

This content was published on May 18, 2001 The agreement will leave SwissConexx, which also operates in the telecommunications field, as the sole shareholder of All Wireless’s TELEPAGE provider. Swisscom said on Friday that the sale was a logical step because All Wireless’s area of operation did not form part of its core businesses. No financial details have been disclosed. A statement said…

Swiss launch early warning system for nature

This content was published on May 17, 2001 The programme, announced by the Swiss environment agency on Thursday, will not only identify changes in the diversity of species but also spot problems at an early stage and form the basis for an effective nature conservation policy. Erich Kohli from the environment agency said he hoped the programme would identify population trends early on…

Business leaders meet successor generation in St Gallen

This content was published on May 17, 2001 One thousand delegates, of whom 250 are students, were present for the opening of the meeting by Swiss justice minister, Ruth Metzler. She spoke of the symposium’s importance in the Swiss economic calendar as she opened the three-day event. The symposium is the second biggest gathering of business leaders in Switzerland after the World Economic…

Forum touts speed as key to business success

This content was published on May 17, 2001 The forum is the largest economic event for small and medium-sized companies, as well as for young business people, and is increasing in size every year. Some 1,250 people representing politics, the economy and science are expected to attend the two-day event, which ends on Saturday. The two founders of the event, Stefan Linder and…

Hüppi wins confidence vote

This content was published on May 17, 2001 Hüppi came through the motion with a two-to-one majority despite fierce criticism from many shareholders upset by a drop in earnings in 2000 and poor prospects for the current year. Hüppi did not hide the fact that the company faced further challenges ahead. He told shareholders that although its insurance arm had performed well in…

Rescue effort underway to save Swiss students trapped in cave

This content was published on May 17, 2001 Some 300 rescuers are working to free the group, which was taken by surprise when a flash flood sealed off the entrance to the cave. They entered the “Bief Paroux” cave near Goumois on the Swiss border at around 1900 local time on Wednesday evening. The swissinfo correspondent at the scene, Ramsey Zarifeh, said the…

Mountain rescue on top of the Säntis

This content was published on May 17, 2001 The exhibition (which runs from May 18 to October 21) is being put on by the Swiss Air Rescue service, Rega, together with the Swiss Alpine Club. The organisations want to give the public a glimpse into the often daring and dangerous world of mountain rescue. Accompanying the exhibition will be a collection of paintings…

Traditional barques back in service on Lake Geneva

This content was published on May 17, 2001 There are currently three renovated or replica barques, which are peculiar to the region, operating on Lake Geneva. They provide a poignant reminder of when these vessels were the principal means of transport in the region. But they could soon be joined by a fourth: another barque is currently being built in the port of…

Swisscom posts better than expected results for first quarter

This content was published on May 17, 2001 The 5.7 per cent increase in operating income to SFr1.21 billion ($697 million) was attributed to improvements in efficiency and higher traffic volume. However, the company maintained its forecast of lower operating income for the year as a whole. It is expecting higher profits, though, because of a huge sale of assets. Swisscom recently sold…

Internal: Archive

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Internal: Archive

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Bankruptcies fall again

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Swisscom cuts connection with All Wireless

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Swiss launch early warning system for nature

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Business leaders meet successor generation in St Gallen

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Forum touts speed as key to business success

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Hüppi wins confidence vote

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Rescue effort underway to save Swiss students trapped in cave

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Mountain rescue on top of the Säntis

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Traditional barques back in service on Lake Geneva

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Swisscom posts better than expected results for first quarter

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