Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

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

Swissport Launches Operations at Palma de Mallorca Airport, Pledges to Drive Sustainability

(IN BRIEF) Swissport has commenced operations at Palma de Mallorca (PMI), Spain’s third-largest airport and a significant European tourist destination. With a workforce of 300, including 64.9 percent electrically powered vehicles, Swissport aims to contribute to sustainable air traffic in … Read the full press release

Holcim Initiates CHF 1 Billion Share Buyback Program

(IN BRIEF) Holcim is set to commence its share buyback program on March 18, 2024, allocating a total of CHF 1 billion until the end of 2024, subject to share cancellation approval at the 2025 Annual General Meeting. Funded from … Read the full press release

AFRY Spearheads Germany’s Clean Energy Transition with SuedOstLink Cable Planning

(IN BRIEF) AFRY has been appointed as the technical advisor by 50Hertz, the transmission system operator, for the critical SuedOstLink project, a key grid expansion endeavor to accelerate Germany’s energy transition. The project involves planning a 540-kilometer underground cable, set … Read the full press release

SIX Reports Strong Operational Performance Despite Non-Cash Value Adjustments

(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release

Swiss Re Proposes New Chairman and Enhances Board Composition Ahead of AGM

(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release

ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release

STMicroelectronics Unveils Next-Gen STM32H7R/S Microcontrollers for Smart Home and Industrial Systems

(IN BRIEF) STMicroelectronics, a leading semiconductor manufacturer, introduces the new STM32H7R/S microcontrollers, blending the performance and scalability of microprocessors with the simplicity of microcontrollers. These high-performance devices cater to diverse applications such as smart appliances, industrial automation, and eHealth systems, … Read the full press release

Basilea Pharmaceutica Celebrates Milestone Payment as Cresemba® Sales Soar in Asia Pacific and China

(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) announced a significant milestone with a USD 1.25 million payment triggered by the robust sales performance of its antifungal medication, Cresemba® (isavuconazole), in the Asia Pacific region and China by its license partner … Read the full press release

David Brupbacher Appointed Head of IT at SIX, Succeeding Christoph Landis

(IN BRIEF) David Brupbacher is set to take on the role of Head of IT and Member of the Executive Board at SIX Group starting July 1, 2024, replacing Christoph Landis, who will retire later in the year. Brupbacher, with … Read the full press release

What’s new in cancer care across Europe in early 2024 (1 Jan – 5 Mar 2024): Advancements, Innovations, Research, Awareness

(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release

Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release

SGS Launches Comprehensive Solution for MoCRA Compliance

(IN BRIEF) SGS has introduced a comprehensive solution to support organizations in complying with the Modernization of Cosmetics Regulation Act (MoCRA) in the United States. MoCRA, which expands the FDA’s authority over cosmetic products, imposes new requirements on manufacturers and … Read the full press release

Swisscom Launches Enterprise Mobile: Enhanced Subscriptions for SMEs with Microsoft Teams Integration

(IN BRIEF) Swisscom introduces Enterprise Mobile, a tailored mobile subscription service designed to cater to the diverse needs of Swiss SMEs. With premium data speeds of up to 2 Gbit/s and unlimited data options, businesses can enjoy seamless connectivity and … Read the full press release

Novartis Unveils Promising Results from SMART Study: Zolgensma’s Efficacy Confirmed in Older and Heavier SMA Patients

(IN BRIEF) Novartis has presented compelling data from the SMART study, reinforcing the clinical advantages of Zolgensma® (onasemnogene abeparvovec) in treating spinal muscular atrophy (SMA) patients weighing ≥ 8.5 kg to ≤ 21 kg, with a mean age of 4.69 … Read the full press release

Kuehne+Nagel Strengthens Cross-Border Road Logistics with City Zone Express Acquisition

(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release

Siemens Launches Revolutionary Circuit Protection Device: SENTRON ECPD

(IN BRIEF) Siemens introduces SENTRON ECPD (Electronic Circuit Protection Device), a groundbreaking innovation in circuit protection technology. The device offers ultra-fast, wear-free switching, up to 1,000 times faster than conventional circuit breakers, enhancing safety and minimizing short-circuit energy. It provides … Read the full press release

Syngenta Teams Up with IBM and Maxygen to Revolutionize Agricultural Technology

(IN BRIEF) Syngenta Group, a leading global agriculture technology company, has announced key collaborations stemming from its innovation accelerator platform, Shoots by Syngenta, launched in 2023. These collaborations involve partnerships with IBM Research and US biotech firm Maxygen, aiming to … Read the full press release

Holcim Nominates Michael H. McGarry, Former PPG Industries Chairman and CEO, for Board of Directors

(IN BRIEF) Holcim has proposed the election of Michael H. McGarry, former Chairman and Chief Executive of PPG Industries, to its Board of Directors at the upcoming Annual General Meeting in May 2024. With a background in global business leadership … Read the full press release

Holcim Surpasses Expectations with Record-Breaking 2023 Results, Achieving Strategy 2025 Milestones Ahead of Schedule

(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release

Breaking Boundaries: Siemens Launches Gridscale X Network Model Manager for North American ISOs and TSOs

(IN BRIEF) Siemens launches Gridscale X Network Model Manager, a revolutionary software for ISOs and TSOs in the US and Canada. This cutting-edge tool enables efficient grid management through a Digital Twin of the power grid, streamlining planning, development, and … 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

Siemens Unveils Gridscale X DER Insights Software to Enhance Grid Visibility and Support Net-Zero Goals in the US

(IN BRIEF) Siemens has introduced Gridscale X DER Insights software, aiming to revolutionize grid management and support the US’s goal of achieving net-zero emissions by 2050. As distributed energy resources (DERs) proliferate, utilities face operational challenges in managing grid stability … Read the full press release

Siemens Unveils Gridscale X Software to Accelerate Grid Decarbonization and Digital Transformation

(IN BRIEF) Siemens has introduced Gridscale X, a groundbreaking software solution aimed at revolutionizing grid management and facilitating the energy transition. Gridscale X empowers utilities to rapidly scale grid capacity, manage the complexity of distributed energy resources (DERs), and enhance … Read the full press release

Kuehne+Nagel Enhances Sea Freight Customer Platform with End-to-End Lead Times

(IN BRIEF) Kuehne+Nagel has bolstered its seaexplorer customer platform by integrating pre- and on-carriage lead times for both full container loads (FCL) and less than container loads (LCL), offering shippers comprehensive insights into the global shipping network. The platform now … Read the full press release

ABB Releases Integrated Report Showcasing Record-Breaking Year and Sustainability Progress

(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release

ABB Appoints Morten Wierod as CEO Successor to Lead Company’s Next Chapter

(IN BRIEF) ABB, a global technology leader in electrification and automation, has announced the appointment of Morten Wierod as its new Chief Executive Officer (CEO), succeeding Björn Rosengren. Wierod, currently serving as President of the Electrification Business Area, will assume … Read the full press release

ABB Announces Annual General Meeting 2024: Key Details and Agenda Revealed

(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release

STMicroelectronics Unveils Advanced 3D LiDAR and ToF Sensors, Targets Diverse Applications

(IN BRIEF) STMicroelectronics (NYSE: STM) introduces cutting-edge Time-of-Flight (ToF) sensors, including a high-resolution 3D LiDAR module and the world’s smallest 500k-pixel indirect ToF sensor. These sensors offer enhanced depth-sensing capabilities for smart devices, home appliances, and industrial automation. The VL53L9, … Read the full press release

Graphene Flagship Culminates with Groundbreaking Findings and Innovations

(IN BRIEF) The Graphene Flagship, Europe’s largest-ever research initiative with a one billion Euro budget, concludes its ten-year journey, yielding significant insights into the health and environmental impacts of graphene and related materials. Empa researchers, including Peter Wick, have played … Read the full press release

Green Shipping Advancement: WinGD and Mitsubishi Shipbuilding Finalize Ammonia Fuel System Design

(IN BRIEF) Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding Co., Ltd. have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s ammonia-fueled engines. This collaboration aims to develop solutions for … Read the full press release

Nestlé Nominates Geraldine Matchett for Board of Directors, Bids Farewell to Long-Serving Members

(IN BRIEF) Nestlé has announced its proposal of Geraldine Matchett, former Co-Chief Executive Officer and CFO of DSM-Firmenich AG, for election to its Board of Directors at the upcoming Annual General Meeting on April 18, 2024. This move comes as … Read the full press release

Landis+Gyr Unveils Cutting-Edge Energy Management Technologies at DISTRIBUTECH International 2024

(IN BRIEF) Landis+Gyr, a leading provider of energy management solutions, is set to showcase innovative technologies aimed at enhancing flexibility in managing the energy transition at the DISTRIBUTECH International 2024 conference in Orlando, FL. Through high-resolution data and automated controls, … Read the full press release

Siemens Unveils Innovative Solutions for Sustainable Building Technology at MCE 2024

(IN BRIEF) Siemens Smart Infrastructure will showcase its innovative and sustainable heating, cooling, and ventilation solutions at the Mostra Convegno Expocomfort (MCE) trade show in Milan from March 12 to 15. Among the highlights is the MVL702 magnetic expansion valve, … Read the full press release

SGS Attains A- Leadership Score in CDP 2023 Assessment, Demonstrating Environmental Excellence

(IN BRIEF) SGS has once again achieved an outstanding A- Leadership score in the Carbon Disclosure Project (CDP) 2023 assessment, positioning itself among the top 17% of companies in the specialized professional services sector. This recognition underscores SGS’s commitment to … Read the full press release

UBS Forges Strategic Alliance with University of St.Gallen, Elevating Innovation and Talent Development

(IN BRIEF) Continuing the trajectory initiated with Credit Suisse in 2021, UBS is set to become a strategic partner of the University of St.Gallen (HSG). Emphasizing Switzerland’s position as an international innovation hub, the collaboration aims to foster innovation, entrepreneurship, … Read the full press release

Kuehne+Nagel Expands Logistics Operations with New Cross-Dock Centre at Port of Gdansk

(IN BRIEF) Kuehne+Nagel, a leading global logistics provider, has inaugurated a state-of-the-art cross-dock centre near the Deepwater Container Terminal (DCT) at the port of Gdansk, Poland. Spanning over 3,300 square meters with additional office space, the facility caters to the … Read the full press release

ABB to Expand Electrification Service Portfolio with SEAM Group Acquisition

(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release

Swiss Re Reports Strong Financial Performance and Plans for Growth in 2024

(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release

Empa Researcher Awarded Entrepreneur Fellowship to Harness Industrial Waste Heat with Innovative Technology

(IN BRIEF) Empa researcher Andyn Omanovic, in collaboration with etavalve GmbH, a spin-off of Empa and ETH Zurich, is poised to revolutionize the utilization of industrial waste heat. Omanovic’s innovative piston machine, equipped with an electro-hydraulically actuated valve control system, … Read the full press release