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Kloten airport passes into private hands

This content was published on Mar 30, 2000 Switzerland’s biggest airport, Zurich Kloten, is passing into private hands. The formal handover on Thursday follows a vote in favour of privatisation by the canton’s voters last year. It was a decision that many saw as vital for the airport to remain competitive. The man running the new company is a former executive of the…

Roche posts record profits

This content was published on Mar 30, 2000 The pharmaceuticals company, Roche, has posted record results, with net profit for 1999 up 31 per cent to SFr 5.764 billion. Excluding exceptional factors net profit was up 15 per cent to just over SFr 5 billion. This was broadly in line with analysts’ expectations. Exceptional factors included the sale of part of Roche’s stock…

Demand for cement boosts Holderbank profits

This content was published on Mar 30, 2000 The cement maker, Holderbank, has posted solid annual results which show net profit for 1999 up 16.5 per cent to SFr795 million. Sales rose to SFr12.2 billion from SFr11.3 billion in 1998. Deliveries of cement and clinker, a stony residue from a furnace, rose to 74.6 million tonnes from 64.8 million in 1998. Sales of…

“Beresina” most successful Swiss film

This content was published on Mar 30, 2000 The most popular Swiss film in 1999 was “Beresina or the last days of Switzerland”, according to figures just released by a government-sponsored body for promoting the national film industry. With box office sales totalling nearly 118,000, the political satire directed by Daniel Schmid helped the industry improve its share of the home market from…

Banking authorities to publish names of Holocaust-era accounts

This content was published on Mar 30, 2000 The Swiss banking authorities have decided to release the names of the owners of 26,000 dormant accounts dating back to the Holocaust era. The decision should now pave the way for compensation payments to Holocaust victims from a settlement reached between Swiss banks and international Jewish organisations in 1998. The Federal Banking Commission was asked…

Natural well-being comes under the spotlight in Lausanne

This content was published on Mar 29, 2000 Natural medicine, organic agriculture and wellness – these are the three main ingredients of the 12th annual Mednat International health fair, which has opened its doors at Lausanne’s Beaulieu exhibition and conference centre. The last decade has seen a tremendous increase in Switzerland in the popularity of traditional approaches to maintaining health, and in organically-grown…

Alternative Bank breaks the mould

This content was published on Mar 29, 2000 Many Swiss banks have been reporting record profits over the past few weeks but one financial institution with a difference made just SFr90,000 last year. It’s the Alternative Bank which believes that making money is not its main priority. Founded ten years ago this year and based in Olten, the Alternative Bank has been growing…

New measures aim to improve building site safety

This content was published on Mar 29, 2000 The government has announced measures aimed at increasing safety on building sites. The announcement comes one month after the Swiss Construction Workers Union released figures suggesting that one-in-four workers fall victim to an accident on a building site. The new legislation, which is due to come into effect in July, replaces regulations in force since…

Feldschlösschen calls time on drinks division

This content was published on Mar 29, 2000 Switzerland’s biggest brewery, Feldschlösschen, is to stop making beer. The company said it planned to sell its beer and soft drinks division by the end of the year. Feldschlösschen said in a statement it was looking for a buyer with knowledge of the beer business and international experience. It said it planned to auction off…

Switzerland’s biggest brewer calls time

This content was published on Mar 29, 2000 The Swiss brewing giant, Feldschlösschen, is to sell off its entire drinks division, which produces almost half the country’s beverages. The company says it intends to concentrate fully on its property business. Feldschlösschen’s chairman, Robert Jeker, announced that the firm planned to sell both its beer and soft drinks divisions by the end of the…

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Kloten airport passes into private hands

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Roche posts record profits

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Demand for cement boosts Holderbank profits

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“Beresina” most successful Swiss film

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Banking authorities to publish names of Holocaust-era accounts

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Natural well-being comes under the spotlight in Lausanne

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Alternative Bank breaks the mould

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New measures aim to improve building site safety

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Feldschlösschen calls time on drinks division

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Switzerland’s biggest brewer calls time

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