Tag Archives: Switzerland

Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China

(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release

Hydro Energi AS Secures Long-Term Power Deal with Swiss Provider Alpiq

(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release

Infineon Launches XENSIV™ Sensor Shield for Arduino, Enhancing Sensor-Based Solutions

(IN BRIEF) Infineon Technologies AG introduces the XENSIV™ Sensor Shield for Arduino, a versatile tool aimed at accelerating innovation in smart sensor systems for smart home and consumer applications. This shield, developed in collaboration with Sensirion, integrates a wide range … Read the full press release

Unitaid Grants Additional Funding to University of Liverpool-led LONGEVITY Project for Long-Acting Infectious Disease Therapeutics

(IN BRIEF) Unitaid has allocated over £6 million in new funding to the University of Liverpool-led LONGEVITY project, aimed at enhancing long-acting therapeutics for tuberculosis, malaria, and hepatitis C. Started in 2020, the project has achieved preclinical milestones for long-acting … Read the full press release

ANDRITZ Partners with Lignatherm AG to Advance Eco-Friendly Insulation Board Production in Switzerland

(IN BRIEF) International technology group ANDRITZ has secured an order from Lignatherm AG to provide a pressurized refining system for a new insulation board production facility in Küssnacht am Rigi, Switzerland. Set to utilize locally sourced wood chips exclusively, the … Read the full press release

ENTSO-E Optimistic as EU-Switzerland Electricity Agreement Talks Commence

(IN BRIEF) The European Network of Transmission System Operators for Electricity (ENTSO-E) expresses optimism as discussions between the European Union and Switzerland commence regarding an electricity agreement, emphasizing its critical importance for the secure and efficient operation of the European … Read the full press release

Climate Change Report: Urgent Adaptation Measures Needed to Stem Rising Economic Losses, Swiss Re Institute Finds

(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release

Outokumpu and V-ZUG Pioneer Green Stainless Steel for Sustainable Appliances

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release

Swiss Companies Coop and Emmi Unveil Innovative PET Bottles for Dairy Packaging

(IN BRIEF) Coop and Emmi have introduced environmentally friendly PET bottles for selected dairy products, such as milk and cream, as part of their sustainability efforts. These PET bottles are the only plastic food packaging in Switzerland that can be … Read the full press release

Swisscom Partners with NVIDIA to Build AI Supercomputers, Investing 100 Million Swiss Francs in AI Solutions

(IN BRIEF) Swisscom has announced a significant collaboration with NVIDIA to create generative AI (GenAI) full-stack supercomputers in Switzerland, utilizing NVIDIA accelerated computing and the NVIDIA AI Enterprise software platform, including the NeMo framework. This partnership aims to develop standard … Read the full press release

Rheinmetall’s Skyranger 30 Air Defence System Progresses Towards Series Production

(IN BRIEF) Rheinmetall’s mobile Skyranger 30 air defence system has achieved a significant milestone as it moves closer to series production. The successful testing and live-fire campaign of the Skyranger 30 A1 configuration in December 2023 marked an important step … Read the full press release

Losinger Marazzi Secures Four Sustainable Building Projects Worth €410 Million in Switzerland

(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release

Eni and Open Energy Platform AG Secure Gas Flow Agreement to Bolster Energy Security in Italy and Switzerland

(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release

Global Authorities Collaborate to Dismantle Ransomware Network Responsible for Widespread Attacks

(IN BRIEF) Judicial and law enforcement agencies from seven countries have joined forces to take action against a criminal network responsible for a series of damaging ransomware attacks worldwide. These attacks have affected over 1,800 victims in 71 countries, primarily … Read the full press release

Axel Springer Sells Stake in Ringier Axel Springer Schweiz as Part of Digital Strategy

(IN BRIEF) Axel Springer has divested its 35% stake in Ringier Axel Springer Schweiz (RASCH) to its joint venture partner, Ringier, as part of its digital strategy. This move allows Ringier to become the sole owner of a portfolio that … Read the full press release

Siemens Unveils Climate-Neutral R&D Campus in Zug, Switzerland, to Advance Sustainable Building Technologies

(IN BRIEF) Siemens has officially opened its new Research and Development (R&D) facility in Zug, Switzerland, marking the completion of a seven-year, CHF250 million investment in its climate-neutral campus. The inauguration ceremony was attended by Swiss Economy Minister Guy Parmelin, … Read the full press release

Volkswagen Unveils All-Electric ID.X Performance Sports Limousine at ID. Treffen Event

(IN BRIEF) Volkswagen is unveiling the ID.X Performance show car, an all-electric sports limousine, at the ID. Treffen event in Locarno, Switzerland. The vehicle features powerful all-wheel drive, a performance-oriented suspension, and an expressive design. The car showcases the potential … Read the full press release

Switzerland’s First Proton Radiotherapy for Oesophageal Cancer Conducted in Landmark Clinical Trial

(IN BRIEF) The Paul Scherrer Institute (PSI) has administered proton radiotherapy to a 67-year-old patient with oesophageal cancer, marking the first time this treatment has been used in Switzerland for such a case. The treatment is part of a collaborative … Read the full press release

Webuild Group’s Swiss Subsidiary Wins Record-Breaking Highway Maintenance Project in Ticino

(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release

BASF’s Swiss and US manufacturing sites receive ISCC PLUS certification for plastic additives

(IN BRIEF) BASF has received the International Sustainability and Carbon Certification (ISCC) PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and the United States. This certification allows BASF to offer more sustainable grades of … Read the full press release

Roche and Eli Lilly join forces to improve Alzheimer’s diagnosis

(IN BRIEF) Roche has announced a collaboration with Eli Lilly to support the development of its Elecsys Amyloid Plasma Panel (EAPP) which is an innovative blood test that aims to facilitate the earlier diagnosis of Alzheimer’s disease. The EAPP test … Read the full press release

Nestlé Sets New Standard in Corporate Transparency with Nutritional Value Benchmarking

(IN BRIEF) Nestlé publishes its 2022 Annual Report and reports on the nutritional value of its global portfolio. The reports also highlight Nestlé’s progress on its Net Zero roadmap and its focus on creating shared value through sustainable practices. The … Read the full press release

ABB Robotics invests $20M in Michigan expansion, creating 72 jobs

(IN BRIEF) ABB has commenced construction on an expansion of its North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan. The $20m investment is expected to be completed by November 2023 and is supported by a $450,000 Michigan … Read the full press release

Henkel presenta las últimas soluciones para la fabricación sostenible y de alta eficiencia de no tejidos en INDEX 2023

(NOTICIA EN BREVE) Henkel está listo para exhibir sus últimas soluciones no tejidas sostenibles y de alta eficiencia en INDEX 2023, que se llevará a cabo del 18 al 21 de abril en Palexpo, Ginebra. En el stand 2255, Henkel … Read the full press release

Henkel presents latest solutions for sustainable and high efficiency Nonwovens manufacturing at INDEX 2023

(IN BRIEF) Henkel is set to showcase its latest sustainable and high efficiency nonwovens solutions at INDEX 2023, which is scheduled to be held from April 18 to 21 at Palexpo, Geneva. At stand 2255, Henkel will display Technomelt DM … Read the full press release

Two-thirds of chief economists surveyed by WEF expect a global recession in 2023

(PRESS RELEASE) GENEVA, 16-Jan-2023 — /EuropaWire/ — The World Economic Forum, an international NGO committed to improving the state of the world, has announced that according to a survey conducted by the World Economic Forum’s Community of Chief Economists, a … Read the full press release

eBill, Switzerland’s digital invoicing solution, sees tremendous adoption across the country

(PRESS RELEASE) ZURICH, 11-Jan-2022 — /EuropaWire/ — SIX Group, the operator and developer of the infrastructure services for the Swiss and Spanish Stock Exchanges, has announced a serious increase of the usage of its digital invoicing solution eBill across Switzerland. … Read the full press release

Henkel Adhesive Technologies to invest in Smartz AG, a Swiss adult care IoT hardware and software medical startup

(PRESS RELEASE) DÜSSELDORF, 6-Jan-2022 — /EuropaWire/ — Henkel (ETR: HEN3), a German chemical and consumer goods company, has announced that Henkel Adhesive Technologies, the company’s adhesives, sealants and functional coatings business, has made an investment in Smartz AG, a medical … Read the full press release

Credit Suisse’s Swiss Office Property Market 2022 study: home working trend is likely to keep impacting the office property market for several more quarters

(PRESS RELEASE) ZÜRICH, 8-Dec-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the publication of its study on the Swiss office property market. The full report made in English and called … Read the full press release

Credit Suisse’s digital bank service CSX turns 1: now Switzerland’s best-known brand for digital banking

(PRESS RELEASE) ZÜRICH, 26-Nov-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced that its digital banking offering CSX [https://csx.credit-suisse.com] is taking off just one year since its launch. Now the digital … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

SecurLine Certified to Protect Classified Communications

SecurLine Certified to Protect Classified Communications

(PRESS RELEASE) ZUG, Switzerland, 28-May-2020 — /EuropaWire/ — Privus, the Swiss-based cyber-security firm, announced today that SecurLine, its flagship secure communications application, has been formally certified by Portugal’s Gabinete Nacional de Segurança (National Security Office) to protect classified communications. Deploying … Read the full press release

Extra-high voltage line in the Rhône Valley now taking shape and work is underway

(PRESS RELEASE) MUNICH, 24-Mar-2020 — /EuropaWire/ — The preparations for the construction of the new 380kV line in the Rhône Valley started by TSCNET shareholder Swissgrid, the Swiss transmission system operator (TSO) in early 2018. The new power line, which … Read the full press release

Sika further invests in waterproofing membrane manufacturing in Switzerland

(PRESS RELEASE) BAAR, 17-Mar-2020 — /EuropaWire/ — Sika operates a new production facility for the SikaProof® structural waterproofing membrane at its existing site in Sarnen, Switzerland. The expansion will increase the manufacturing efficiency and will allow Sika to serve the … Read the full press release

CEDRIC KOUKJIAN’S SCULPTURE, “LIAISON” TO BE EXHIBITED IN PUBLIC BY CULTURAL COMMISSION OF COLOGNY IN SWITZERLAND

(PRESS RELEASE) GENEVA, 31-Jul-2019 — /EuropaWire/ — Geneva-based multi-ethnic artist Cedric Koukjian of the Swiss design studio SINCE, which has a focus on creating contemporary arts, today announced that his submission to a recent competition by the Cultural Commission of … Read the full press release

INSEAD to sponsor the UN’s Sustainable Development Goals Tent during the World Economic Forum (WEF) annual meetings in Davos, Switzerland

New INSEAD institute to host thought leaders, chief executives and experts to seek solutions that achieve the UN Sustainable Development Goals (PRESS RELEASE) Fontainebleau, France, 17-Jan-2019 — /EuropaWire/ — INSEAD, the Business School for the World, is partnering to sponsor the … Read the full press release

KUKA Group: Swisslog strengthens its position as the leading integrator in the AutoStore field with two new contracts in Switzerland

AUGSBURG, 30-Oct-2018 — /EuropaWire/ — Swisslog, a member of the KUKA Group, strengthens its position as the leading integrator in the AutoStore field. In addition to an order from Winterhalter + Fenner AG, a leading Swiss electrical goods wholesaler, the company … Read the full press release

DHL to develop its own parcel network in Switzerland

DHL is in the process of developing its own parcel network in Switzerland.  PRATTELN/BONN, 10-Sep-2018 — /EuropaWire/ — DHL is in the process of developing its own parcel network in Switzerland. The newly formed company DHL Parcel (Switzerland) AG is focusing … Read the full press release

Switzerland and Sri Lanka signed MoU with a view to establishing a migration partnership

BERN, 09-Aug-2018 — /EuropaWire/ — On 6 August, Federal Councillor Simonetta Sommaruga signed a Memorandum of Understanding (MoU) in Colombo with Sri Lankan Interior Minister Seneviratne Bandara Nawinne with a view to establishing a migration partnership. By signing this MoU, Switzerland … Read the full press release