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Medtronic to create 200 jobs in Switzerland

This content was published on Jan 26, 2000 The United States company, Medtronic, says it plans to create another 200 jobs in Switzerland by 2006. Medtronic, the world leader in cardiac stimulators, said it would invest SFr50 million to expand its plant at Tolochenaz, in canton Vaud. The head of Medtronic Europe, Barry Wilson, said the investment would allow the company to double…

Trade unions raise stakes in battle with employers

This content was published on Jan 26, 2000 Trade unions in Switzerland are refusing to resume negotiations on a pay dispute with employers in the construction industry, after the employers rejected a compromise reached last year. The unions said they would organise strikes in April, if their demands were not met by then. Vasco Pedrina, the president of the Industry and Construction union,…

Davos prepares for World Economic Forum

This content was published on Jan 26, 2000 Several hundred of the world’s top political and business leaders are gathering in the Swiss town of Davos for Thursday’s opening of the annual summit of the World Economic Forum. The meeting will be opened by the Swiss president, Adolf Ogi. Entitled “New Beginnings: Making a Difference” the five-day meeting is billed to focus on…

Ascom revenues fail to keep pace with profits

This content was published on Jan 26, 2000 The telecommunications group, Ascom, says its revenues increased by ten per cent last year to SFr3 billion. Incoming orders were up seven per cent to SFr2.96 billion. Ascom has already revealed that net profit in the first half of 1999 jumped by 95 per cent to SFr39 million. First-half sales had been up seven per…

Herbal remedy takes root in US

This content was published on Jan 26, 2000 A little-known Swiss company is having success with the production of a herbal remedy based on a traditional Tibetan medicinal formula. Padma has been on the market in Europe for years, but has now been given the go-ahead to sell its main product in the United States. Padma’s US representative, Martin Wolf, told Swiss Radio…

Switzerland gripped by Arctic freeze

This content was published on Jan 26, 2000 Temperatures in Switzerland have plummeted to their lowest levels this winter, as frozen air from the Arctic forces its way into Europe’s usually temperate regions. The chill started after heavy snowfalls at the weekend, and by mid-week some areas were reporting temperatures below minus 30 degrees. Across the country, thermometers recorded new lows for the…

Interactive atlas offers new way of looking at Switzerland

This content was published on Jan 25, 2000 Cartographers in Switzerland have added a new dimension to the way the country can be viewed. A new CD Rom allows the viewer to zoom into a three-dimensional landscape, where they can see how population statistics change, or inspect the lay of the land from altitudes as high as 7,000 metres. This new way of…

Hidden cost of inequality in the workplace

This content was published on Jan 25, 2000 The introduction of performance-related pay is in danger of widening discrimination between men and women at the workplace, according to the Office for Equal Opportunities. In an effort to prevent this happening, the office has published a manual for bosses conducting assessment interviews. The manual is based on research conducted by Professor Christof Baisch, which…

Luxury Luxor hotel helps Mövenpick boost bottom line

This content was published on Jan 25, 2000 The Mövenpick group has announced that sales rose 11 per cent to SFr1.26 billion last year. The company, which owns a chain of restaurants, hotels and makes premium foods, described the result as “very satisfactory”. “Hotels and resorts have been especially successful in the Middle East, where Egypt is recovering very quickly, that was fantastic…

Swisscargo split from Delta Air Cargo

This content was published on Jan 25, 2000 Swisscargo, a unit of the SAir Group, has announced that it is ending its co-operation deal with Delta Air Cargo from February 29. The move is part of the decision late last year by Delta Airlines to cancel its alliance with SAir, Swissair’s parent company. SAir Group and Delta Airlines had been working together since…

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Medtronic to create 200 jobs in Switzerland

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Trade unions raise stakes in battle with employers

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Davos prepares for World Economic Forum

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Ascom revenues fail to keep pace with profits

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Herbal remedy takes root in US

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Switzerland gripped by Arctic freeze

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Interactive atlas offers new way of looking at Switzerland

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Hidden cost of inequality in the workplace

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Luxury Luxor hotel helps Mövenpick boost bottom line

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Swisscargo split from Delta Air Cargo

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