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Row breaks out in mobile phone dispute

This content was published on Feb 21, 2000 A fresh row has broken out between Switzerland’s mobile phone companies and environmental groups. In the latest twist in an increasingly acrimonious dispute over issues such as electrosmog, the electromagnetic microwaves generated by the phones, the phone companies have invited their detractors to attend round table talks to try to reconcile their positions. The three…

Profits down at Agie Charmilles

This content was published on Feb 21, 2000 The Agie Charmilles group, the world’s leading producer of electric discharge machining (EDM) systems and accessories, has reported a drop in net profit of 23.3 per cent last year to SFr37.2 million (1998 SFr 48.5million). Sales were down by almost four per cent at SFr901.3 million. However, a statement from the company’s Zug headquarters said…

Swisscom brings Internet to the mobile phone

This content was published on Feb 21, 2000 The country’s largest telecommunications company, Swisscom, has launched a new service combining the Internet and mobile phone technology. Through the Wireless Application Protocol (WAP), mobile phone users can now have internet access to more than 20 information and communication services, including Swissinfo, the Internet service of Swiss Radio International. Other services include Swisscom’s telephone directory,…

Internet ban on Zurich kidney sale

This content was published on Feb 20, 2000 An internet auction firm has banned a Zurich-based man from selling one of his kidneys on-line. The anonymous seller advertised on the website of the United States company, eBay. eBay’s managing director in Europe, Jörg Rheinboldt, said the auction had been shut down on Sunday. He said eBay provided sellers with an open and free…

What’s on in the world of business this week

This content was published on Feb 20, 2000 The coming week will see a clutch of Swiss blue chip companies releasing their annual results for 1999. Among them are the food group, Nestlé, the industrial group, Georg Fischer, and the chemicals company, Ciba. The Schaffhausen-based comany, Georg Fischer, will be first to reveal its figures on Tuesday. A survey of analyst forecasts predicts…

The business week in Switzerland

This content was published on Feb 19, 2000 * Novartis executives had something to smile about this week, after a difficult period for the pharmaceuticals giant, while Microsoft found itself under fire again. * Novartis released much better than expected yearly results with net profit up 11 per cent to SFr 6.66 billion. Turnover was up two per cent to SFr 32.5 billion.…

Swissair resumes flights to Belgrade

This content was published on Feb 18, 2000 The Swiss national airline, Swissair, is resuming flights to Belgrade, following the European Union’s decision to lift a ban on air links with Serbia. A spokesman said Swissair would fly to the city five times a week from the end of February, and resume daily flights with the introduction of its summer timetable on March…

Swiss Post Office studies future role of Postfinance

This content was published on Feb 18, 2000 The financial arm of the state-owned Swiss Post Office, Postfinance, is looking at ways of repositioning itself for the future. A project group set up by the Post’s board of directors has been studying all possible options, including the controversial question of privatisation of the Postbank. Privatisation is a thorny political issue. The economics minister,…

UBS announces major reorganisation

This content was published on Feb 18, 2000 Switzerland’s largest bank, UBS, has announced a major reorganisation of its structure, designed to unlock the banking giant’s growth potential. Analysts say the move is designed to create a leaner and more streamlined organisation. Private banking, which has faced problems expanding its business, is to be merged with the division UBS Switzerland headed by Stephan…

Atraxis signs deal with South African Airways

This content was published on Feb 17, 2000 The Swiss based information technology group, Atraxis, has signed a deal worth more than SFr1 billion with Africa’s largest airline, South African Airways (SAA). Atraxis, which is SAirGroup’s specialist information technology (IT) subsidiary, is to upgrade and maintain the airline’s IT infrastructure. As part of the deal, which is scheduled to run for 12 years,…

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Row breaks out in mobile phone dispute

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Profits down at Agie Charmilles

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Swisscom brings Internet to the mobile phone

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Internet ban on Zurich kidney sale

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What’s on in the world of business this week

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The business week in Switzerland

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Swissair resumes flights to Belgrade

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Swiss Post Office studies future role of Postfinance

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UBS announces major reorganisation

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Atraxis signs deal with South African Airways

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