Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

Stadler Expands Hydrogen Train Fleet for Italian Railway FdC

(IN BRIEF) Italian railway operator Ferrovie della Calabria (FdC) has ordered three additional hydrogen-powered narrow-gauge trains from Stadler as part of a framework agreement. These trains will run on regional and local routes in Italy’s Calabria region and are expected … 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

Siemens Joins HEINEKEN in Pioneering Global Net Zero Production Initiative

(IN BRIEF) HEINEKEN, the world’s leading brewer, has partnered with Siemens to advance its global Net Zero Production roadmap. The collaboration aims to achieve net-zero emissions in Scopes 1 and 2 across all production sites by 2030. Siemens will deploy … Read the full press release

SIC5 Launches as Swiss Payment System’s Next Generation, Paving the Way for Instant Payments

(IN BRIEF) SIX and the Swiss National Bank have unveiled SIC5, the new generation of the Swiss payment system, which sets the stage for instant payments, enabling electronic customer payments to be processed 24/7 in a matter of seconds. Over … Read the full press release

SGS Approved as Pre-Export Verification Provider for Oil and Gas Equipment in Uganda

(IN BRIEF) The Petroleum Authority of Uganda (PAU) and Uganda’s National Bureau of Standards (UNBS) have granted approval to SGS to offer Pre-Export Verification of Conformity (PVoC) services for equipment and materials intended for Oil and Gas projects in Uganda. … Read the full press release

Empa Researchers Develop Nanoparticle Soldering for Minimally Invasive Surgery

(IN BRIEF) Empa researchers have developed an innovative technique using nanoparticles for soldering wounds, potentially revolutionizing wound closure methods. This groundbreaking approach offers precise temperature control and can be applied in minimally invasive surgery. The nanoparticles enable gentle laser soldering, … Read the full press release

Hydro Expands Commitment to Green Transition with First Suppliers Hub Membership

(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release

Vattenfall Leaders to Discuss Climate Action at World Economic Forum in Davos

(IN BRIEF) Vattenfall’s CEO, Anna Borg, and Chairman of the Board, Mats Granryd, will participate in the World Economic Forum’s 54th Annual Meeting in Davos-Klosters, Switzerland, from January 15 to 19. The event’s theme, “Rebuilding Trust,” focuses on four interconnected … Read the full press release

Schneider Electric Highlights Role of Private Sector in Emissions Reduction at World Economic Forum

(IN BRIEF) Schneider Electric executives are participating in the World Economic Forum, highlighting the need for more immediate action to combat climate change. They stress that existing technologies should be widely deployed to address environmental concerns, as energy consumption accounts … Read the full press release

Basilea Pharmaceutica Acquires Novel Antibiotics Program Targeting Multidrug-Resistant Gram-Negative Bacteria

(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN), a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced an asset purchase agreement with Spexis AG (SIX: SPEX) for a preclinical antibiotics program aimed at combating Gram-negative bacteria, including … 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

Siemens Enhances eMobility Portfolio with Acquisition of Heliox, a Leader in DC Fast Charging Solutions

(IN BRIEF) Siemens AG has successfully acquired Heliox, a renowned provider of DC fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The Netherlands-based Heliox, with around 330 employees, brings a range of charging products from 40 kW to … Read the full press release

ABB to Enhance Smart Water Management with Acquisition of Real Tech’s Optical Sensor Technology

(IN BRIEF) ABB has announced its acquisition of Canadian company Real Tech, a leader in optical sensor technology for real-time water monitoring and testing. This strategic move will bolster ABB’s presence in the water sector and complement its product portfolio … Read the full press release

Italian Renewable Powerhouse GreenIT Expands Solar Portfolio with 140 MW Galileo Deal

(IN BRIEF) GreenIT, the Italian renewable energy joint venture backed by Plenitude (Eni, 51%) and CDP Equity (CDP Group, 49%), has entered into an agreement with Galileo, a pan-European renewable energy development platform, to develop eight photovoltaic projects totaling approximately … Read the full press release

SGS Launches New Rail Services Page: Your One-Stop Solution for Railway Industry Expertise

(IN BRIEF) SGS, a leading provider of testing, inspection, and certification services for the railway sector, has introduced its Rail Services page on SGS.com, offering a wealth of information on its comprehensive services tailored to the railway industry. Recognizing the … Read the full press release

Kuehne+Nagel Paves the Way for Electric Trucks with Innovative Carbon Insetting Solution

(IN BRIEF) Kuehne+Nagel has introduced a new carbon insetting solution for electric vehicles (EVs), becoming the first logistics service provider to offer this solution, which was previously limited to low-emission fuels. This initiative aligns with Kuehne+Nagel’s Roadmap 2026 Living ESG … Read the full press release

Historic 100% Sustainable Aviation Fuel Transatlantic Flight Supported by Kuehne+Nagel

(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release

SGS Farmingdale Laboratory Receives US Coast Guard Approval for Flammability Testing

(IN BRIEF) SGS’s flammability testing laboratory in Farmingdale, New York, has received approval from the United States Coast Guard (USCG) as an Accepted Independent Laboratory. This accreditation allows SGS to offer a comprehensive range of flammability testing, inspection, and certification … Read the full press release

Roche’s Xolair Nears FDA Approval for Reducing Allergic Reactions to Multiple Foods

(IN BRIEF) Roche has announced that the U.S. Food and Drug Administration (FDA) has accepted its supplemental Biologics License Application (sBLA) for Xolair® (omalizumab) under Priority Review. The sBLA is for the reduction of allergic reactions, including anaphylaxis, caused by … Read the full press release

SIX Launches ETF QOD Europe, Expanding Access to European ETF Markets

(IN BRIEF) SIX Swiss Exchange has introduced a new service extension to its Exchange Traded Funds (ETF) franchise called “Quote-on-Demand Europe” (QOD Europe). This innovative trading service allows clients to trade ETFs listed on primary exchanges like the London Stock … Read the full press release

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release

Breakthrough Discovery: New Proteins Enhance Botox Effectiveness in Medical Treatments

(IN BRIEF) Researchers at PSI have made a surprising discovery that could expand the medical applications of botulinum toxin A1, commonly known as Botox. They have developed antibody-like proteins called DARPins that unexpectedly accelerate the toxin’s impact on nerve signal … Read the full press release

Roche Achieves Top Sustainability Rankings in Pharmaceuticals Index for 15th Consecutive Year

(IN BRIEF) Roche (SIX: RO, ROG; OTCQX: RHHBY) has once again secured its position as one of the leading sustainable companies in the Pharmaceuticals sector within the Dow Jones Sustainability Indices (DJSI). In the latest rankings, Roche secured the third … Read the full press release

Sika’s Suzhou Technology Center: A Catalyst for Innovation in Sustainable Construction and E-Mobility

(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release

STMicroelectronics Unveils Advanced Time-of-Flight Ranging Sensor for Human Presence, Gesture Recognition, and Robotics

(IN BRIEF) STMicroelectronics has introduced the VL53L8CX, its latest-generation 8×8 multizone time-of-flight (ToF) ranging sensor, designed for various applications including human-presence sensing, gesture recognition, robotics, and industrial uses. The sensor features a 940nm vertical cavity surface emitting laser (VCSEL), a … Read the full press release

Claudia Cordioli Appointed as Zurich Insurance Group’s New CFO

(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release

R&S Group and VT5 Make History with First Swiss SPAC on SIX Exchange

(IN BRIEF) R&S Group Holding AG (“R&S Group”) has successfully listed its shares on SIX Swiss Exchange with the ticker symbol RSGN. The initial market capitalization reached approximately CHF 267 million, with 25,901,413 registered shares issued at CHF 0.10 per … Read the full press release

Alfa Laval and WinGD Forge Partnership to Accelerate Ammonia-Fueled Engine Development for Carbon-Free Shipping

(IN BRIEF) Alfa Laval, a leading provider of separation and fluid handling solutions, is teaming up with Swiss engine designer WinGD to advance the development of ammonia as a future fuel for marine vessels. As part of their ongoing ammonia … Read the full press release

Fire Safety Gets a Digital Boost with Siemens Building X Upgrades

(IN BRIEF) Siemens Smart Infrastructure has expanded its fire safety offerings within the Building X platform, introducing new applications and an application programming interface (API). This development aims to enhance transparency, reduce response times to incidents, and streamline maintenance processes. … Read the full press release

ABB Partners with Gravitricity to Advance Gravity Energy Storage in Abandoned Mines

(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release

SGS Appoints Ariel Bauer as Group Vice President for Investor Relations, Communications & Sustainability

(IN BRIEF) SGS, a leading global inspection, verification, testing, and certification company, has named Ariel Bauer as the Group Vice President of Investor Relations, Communications & Sustainability. In his new role, Ariel will be responsible for devising and executing communication … Read the full press release

Roche Presents Promising Data on Innovative Lymphoma Treatments at ASH Annual Meeting

(IN BRIEF) Roche, a global pharmaceutical company, has shared compelling data from its CD20xCD3 T-cell engaging bispecific antibody program during the 65th American Society of Hematology (ASH) Annual Meeting & Exposition held in December 2023. The data includes extended follow-up … Read the full press release

Holcim’s “Carbon2Business” Receives Recognition and Awards for Groundbreaking Carbon Capture Project at COP28

(IN BRIEF) Holcim, the global building materials company, has been honored with two prestigious awards at COP28 in Dubai for its innovative “Carbon2Business” project in Lägerdorf, Germany. The first accolade names Holcim as an “Energy Transition Changemaker,” recognizing the project’s … Read the full press release

Roche’s Kadcyla Demonstrates Long-Term Survival Benefit in HER2-Positive Early Breast Cancer

(IN BRIEF) Roche has released positive long-term follow-up data from the Phase III KATHERINE study, evaluating Kadcyla® (trastuzumab emtansine) as adjuvant therapy for people with HER2-positive early-stage breast cancer (eBC) who have residual invasive disease following neoadjuvant treatment. The study … Read the full press release

Roche Reports Positive Phase III Results for Inavolisib Combination Therapy in PIK3CA-Mutated Breast Cancer

(IN BRIEF) Roche has announced promising results from the Phase III INAVO120 study, which evaluated inavolisib in combination with palbociclib (Ibrance®) and fulvestrant as a first-line treatment for individuals with PIK3CA-mutated, hormone receptor (HR)-positive, HER2-negative, endocrine-resistant, locally advanced, or metastatic … Read the full press release

IATA: Global Air Cargo Demand Continues to Grow, but Challenges Loom in the Economic Horizon

(IN BRIEF) Global air cargo demand increased by 3.8% in October 2023 compared to the same month in 2022, marking the third consecutive month of stronger year-on-year demand, according to the International Air Transport Association (IATA). However, capacity, measured in … Read the full press release

CERN’s Successful Niobium–Tin Magnet Test Opens New Possibilities for High-Luminosity LHC Upgrade

(IN BRIEF) Engineers at CERN have successfully tested an improved design of a quadrupole magnet using niobium–tin (Nb3Sn) technology. These magnets are crucial for controlling particle beams in the Large Hadron Collider (LHC). The tests confirm that the newly designed … Read the full press release

Surprising Discovery: Excited Electrons Straighten Perovskite Nanocrystals

(IN BRIEF) Researchers from ETH Zurich, Empa, and Stanford University have made a remarkable discovery that excited electrons can straighten the crystal lattice of perovskite nanocrystals, increasing their symmetry rather than causing disorder. This unexpected finding could pave the way … Read the full press release

Barry Callebaut’s Sweet Success: One Year of Chocolate Manufacturing in Casablanca, Morocco

(IN BRIEF) Barry Callebaut, a prominent chocolate manufacturer, has celebrated the one-year anniversary of its chocolate and compound factory in Casablanca, Morocco. The factory, established in partnership with Attelli SARL, has become a hub for manufacturing excellence and innovation in … Read the full press release

Roche to Acquire Carmot Therapeutics for USD 2.7 Billion, Expanding Its Portfolio in Obesity Treatment

(IN BRIEF) Roche, a leading pharmaceutical company, has announced its definitive merger agreement to acquire Carmot Therapeutics, a privately owned US-based company specializing in obesity treatment and related metabolic diseases. The acquisition includes Carmot’s portfolio of clinical stage subcutaneous and … Read the full press release