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Rescue plan presented for AOM and Air Liberté

This content was published on Apr 10, 2001 Union representatives said Rochet, appointed in February to oversee the restructuring of AOM/Air Liberté and sister airline, Air Littoral, proposed cutting the size of the combined group by 25 per cent. Unions said this would involve around 1500 redundancies. They said Rochet wanted his plans to be implemented by November. The two sides reportedly agreed…

Strong sales growth reported for Swisscom’s German subsidiary

This content was published on Apr 10, 2001 Its market share in Germany now stands at 14 per cent. But the company’s operating income fell seven per cent because of heavy investment. Debitel also said on Tuesday that it had reached an agreement with Vodafone to cooperate in offering the next generation of mobile phone services. Swisscom’s subsidiary withdrew from last year’s auction…

Swisscom’s net profit is up but operating income declines

This content was published on Apr 10, 2001 Reporting results on Tuesday, the former state monopoly said net earnings rose by more than 32 per cent to SFr3.2 billion ($1.88 billion) but that operating income was down 26.2 per cent to SFr1.8 billion. The healthy increase in net profit was due to asset sales such as the divestment of its Cablecom division. But…

Chiasso border post to stay open longer to ease Gotthard tailbacks

This content was published on Apr 10, 2001 The decision, announced by a special tansport ministry task force on Monday, will lift the night-time ban on traffic in the area, and will last until the tailbacks have been cleared. The Chiasso border post is expected to stay open from Wednesday to Friday. The measure has been approved in coordination with Italy. Hundreds of…

Magnetism makes waves in Winterthur

This content was published on Apr 9, 2001 “Our civilisation would not be at the point where it is today without magnetism,” said museum director, Remo Besio. “Just think of your credit card, your cellular phone or the whole of electricity. There would be no generators, no radio waves, no radar. Hardly any technology could exist without it.” The ancient Greeks knew about…

Swiss Federal Railways stay on track

This content was published on Apr 9, 2001 Figures released on Monday showed that both an increase in the number of passengers and more cargo traffic contributed to growth. The number of passengers rose 3.9 per cent to 286.8 million while goods transported expanded 5.6 per cent to 60.5 million tonnes. Turnover stood at more than SFr6 billion while operating profit reached SFr336.6…

ABB bids for France’s Entrelec

This content was published on Apr 9, 2001 In a statement released on Monday, ABB said the deal offered great potential for both companies. “This acquisition is a very effective strategic fit for both companies and will open significant new growth opportunities,” said ABB president, Jörgen Centermann. Entrelec is a supplier of industrial automation and control products, including electrical connecting devices, time relays,…

Sulzer urges shareholders to reject InCentive bid

This content was published on Apr 9, 2001 Sulzer’s recently appointed chairman, Leonardo Vannotti, told swissinfo that the InCentive bid is “too low and doesn’t correspond to the value of the enterprise”. On Friday, InCentive Capital, which is owned by financier Réné Braginsky, increased its offer for Sulzer’s industrial operations by SFr20 to SFr430 per share. It also sweetened its paper bid by…

World Health Day puts mental illness in spotlight

This content was published on Apr 7, 2001 A public symposium, organised by Geneva University Hospitals, brought together some of Switzerland’s leading doctors and mental health specialists to highlight scientific progress made during research into mental illness. A round table discussion about the relationship between human rights and mental health was held at Geneva’s Palais des Nations, while in Lausanne an open discussion…

Inventors offer solutions in Geneva

This content was published on Apr 7, 2001 Hundreds of exhibitors from more than 40 countries have displayed their products or ideas at Palexpo. Among this year’s entries are a machine for humanely killing lobsters, devices to screen radio frequency waves from portable phones or reduce the wear of the tyres of aircraft on landing, and an umbrella holder which serves to hold…

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Internal: Archive

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Rescue plan presented for AOM and Air Liberté

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Strong sales growth reported for Swisscom’s German subsidiary

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Swisscom’s net profit is up but operating income declines

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Chiasso border post to stay open longer to ease Gotthard tailbacks

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Magnetism makes waves in Winterthur

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Swiss Federal Railways stay on track

More

ABB bids for France’s Entrelec

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Sulzer urges shareholders to reject InCentive bid

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World Health Day puts mental illness in spotlight

More

Inventors offer solutions in Geneva

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