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Allied Zurich gets unified share structure

This content was published on Jun 21, 2000 “The shareholders of Allied Zurich approved by a large majority the planned unification of the Group structure as approved by the Board,” the company said in a statement on Tuesday. The move came as no surprise following a separate vote in favour by shareholders of the co-holding company Zurich Allied in May. The votes pave…

Safra clan take over Swiss bank

This content was published on Jun 21, 2000 The deal is the work of one of the famous Safra brothers, Joseph. “Switzerland is an important strategic base for international banking business,” he said in a statement, “and the bank can build on 150 years of experience and tradition of the Safra family.” The new institution is to be renamed Bank Jacob Safra after…

WHO gives Swiss health system only average marks

This content was published on Jun 21, 2000 The WHO based the results on the general health of countries’ populations, their access to medical services, and the cost and efficiency of those services. The report found that “virtually all countries are under-utilising the resources available to them. This leads to large numbers of preventable deaths and disabilities, unnecessary suffering, injustice, inequality and denial…

Swiss employers warn against raising tax burden

This content was published on Jun 20, 2000 Speaking at the Association’s annual meeting in Berne, Fritz Blaser, said extra revenue should remain inside companies to the benefit of both employers and employees. Blaser said he was pleased that for the first time in ten years, the meeting was taking place in a climate of confidence. “You as entrepreneurs and managers have obviously…

High-speed Internet tests to begin next month

This content was published on Jun 20, 2000 The trial will begin in Geneva and Zurich on July 17, and will be extended to other metropolitan areas if successful. During the two-month experiment, KPNQwest will introduce a technology known as Asymmetric Digital Subscriber Line (ADSL), which brings high bandwidth information to homes and businesses using ordinary copper lines and offers access to the…

Swisscom wields axe in bid to streamline operations

This content was published on Jun 20, 2000 The former state monopoly is to close 17 regional logistics centres across the country with the loss of 165 jobs. The country’s biggest telecommunications company, Swisscom, is shedding more jobs as it continues its policy of slimming down to concentrate on its core businesses. The former state monopoly is to close seventeen regional logistics centres…

EFTA eases trade with eastern European countries

This content was published on Jun 20, 2000 Ministers from the EFTA countries – Norway, Iceland, Liechtenstein and Switzerland – on Monday signed a free trade agreement with Macedonia, and agreed to work more closely with Croatia and Ukraine. The meeting, chaired by Switzerland, focussed on relations with countries outside the European Union. EFTA is currently holding talks with 10 countries on ways…

Study finds Swiss values losing ground

This content was published on Jun 20, 2000 The report collated research from surveys into all aspects of Swiss life over the last three decades. Some of the findings are not a big surprise; the fact that more women now work has naturally affected their role in society, and it has changed family structures. In addition, both men and women are seeking more…

Selling it with creativity

This content was published on Jun 19, 2000 The number of Swiss entries has doubled since last year, with more than 250 television and cinema commercials and 120 posters. They’re competing for numerous awards at what is the biggest rendezvous for marketing and advertising executives. Switzerland spends around SFr6 billion a year on publicity, so it’s an important event for the industry. As…

ABB wins large order for London substation

This content was published on Jun 19, 2000 A communiqué from ABB headquarters in Zurich said that the Swiss subsidiary, ABB Switzerland, would have a SFr50 million stake in the deal. The contract has been placed by National Grid (NGC) ansd is the largest value high-voltage substation order placed by NGC to date. The project is part of NGC’s programme to upgrade the…

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Allied Zurich gets unified share structure

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Safra clan take over Swiss bank

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WHO gives Swiss health system only average marks

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Swiss employers warn against raising tax burden

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High-speed Internet tests to begin next month

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Swisscom wields axe in bid to streamline operations

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EFTA eases trade with eastern European countries

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Study finds Swiss values losing ground

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Selling it with creativity

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ABB wins large order for London substation

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