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Manpower index highlights healthy Swiss economy

This content was published on Jun 28, 2000 Manpower’s survey reports that job offers in the Swiss press rose in nine out of the 13 regions covered by the index. It also said the domestic employment market is tightening even more as the gap between job offers and those actively seeking work is narrowing. The best performance was seen in canton Schaffhausen (…

Government ponders what to do with spare gold

This content was published on Jun 28, 2000 A further 500 tonnes have already been earmarked for the Solidarity Foundation, which, subject to acceptance by the people in a referendum, will finance charitable projects at home and abroad. The government is proposing two variants for the 800 tonnes. The first, and it is clearly the cabinet’s favourite, is to finance a programme of…

Social benefits can beat poverty

This content was published on Jun 27, 2000 Central to the report and summit is the belief that social justice and equality must run parallel with globalisation. The report found that Switzerland’s old age pension scheme and social benefits are very effective in combating poverty amongst the elderly. The study also said that state benefits, which account for one third of revenue for…

Top salaries continue growing

This content was published on Jun 27, 2000 This increase is twice as much as was seen in the previous year, according to the annual survey on executive salaries carried out by the Swiss financial newspaper, HandelsZeitung, and the German management consultancy, Kienbaum. On average the top level of executive salaries rose to SFr243,000, up SFr2,000 on the previous year. Executives in the…

Unaxis rapped over the knuckles

This content was published on Jun 27, 2000 Instead the Commission wants Unaxis, formerly Oerlikon-Bührle, to proceed with a public offer to the remaining shareholders, even though their shares are not required by Unaxis to hold a majority stake. Following the November 1999 acquisition by Unaxis of roughly 27 per cent of the share capital of Esec, it had intended to exercise the…

Day receives two new key orders

This content was published on Jun 27, 2000 In a communiqué, Day said it would be creating intranet solutions for the Swiss Ministry of Defence, Protection of the Population and Sport (DDPS), and for the Extratel company which is Switzerland’s largest outsourcing call centre. Both projects will use Communiqué 2, the software developed by Day for the management of complex websites. Day said…

Gavazzi boosts sales and earnings

This content was published on Jun 27, 2000 Sales increased 17 per cent to SFr449.2 million, while operational profits doubled to SFr27.1 million. Thanks to this improved performance net profit rose SFr900,000 to SFr10.6 million. As a result, the group is proposing increasing its dividend from SFr30 to SFr40. In addition, shareholders at the electronics group based in canton Zug will be asked…

Banking secrecy non-negotiable, says minister

This content was published on Jun 27, 2000 Couchepin made the statement after attending a meeting of ministers from the Organisation for Economic Cooperation and Development, which groups the world’s industrialised nations. The meeting covered a range of issues, but banking secrecy was by far the most sensitive for the Swiss. The position that banking secrecy is not up for discussion had already…

Nestlé silent as food giants make their move

This content was published on Jun 27, 2000 The acquisition of Nabisco will enable Philip Morris to retain its position as the world’s second largest food company after the Swiss giant, Nestlé. The agreement comes amid a wave of food industry consolidation. Nestlé, when contacted by swissinfo, declined to make any comment on a deal done by its competitors. Experts are paying close…

Planned Expo scores low marks on environmental impact

This content was published on Jun 26, 2000 The exhibition – Expo.02 – is due to take place around the lakes of Biel, Neuchâtel and Murten. In its third independent report on environmental controlling, the Aquarius company of Neuchâtel says there is a need for a rapid solution to the issue of pricing policy. “The fixing of fees which are really attractive and…

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Manpower index highlights healthy Swiss economy

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Government ponders what to do with spare gold

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Social benefits can beat poverty

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Top salaries continue growing

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Unaxis rapped over the knuckles

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Day receives two new key orders

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Gavazzi boosts sales and earnings

More

Banking secrecy non-negotiable, says minister

More

Nestlé silent as food giants make their move

More

Planned Expo scores low marks on environmental impact

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