Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

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

Siemens Powers Sustainable Mobility at Lisbon’s Infinity Building with Innovative EV Charging Solution

(IN BRIEF) Siemens Smart Infrastructure has installed 200 VersiCharge wallboxes and an intelligent charging management system at Lisbon’s Infinity building, a prestigious residential site known for its commitment to sustainability. This solution, customized by Siemens engineering teams, enables dynamic and … Read the full press release

Stadler and SBB Expand Rail Connectivity with Five New Giruno High-Speed Trains

(IN BRIEF) Swiss rail operator SBB has placed an order for five additional Giruno high-speed trains from Stadler, aiming to bolster its international services to Italy and enhance accessibility and comfort for passengers. Manufactured at Stadler’s production plant in Bussnang, … 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

AI IN JAN 2024 ACROSS EUROPE: THE LATEST IN AI (ARTIFICIAL INTELLIGENCE) RESEARCH, DEPLOYMENTS, DEVELOPMENTS, DEALS, ETC.

(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release

Groundbreaking Report Offers Insights into Minimizing Environmental Impact of Tire Wear

(IN BRIEF) Empa and wst21, in response to postulate Po 19.3559, have collaborated to address the significant environmental impact of tire wear, which accounts for a substantial portion of microplastics in the environment. Their comprehensive report, published recently, compiles various … Read the full press release

Glencore PLC Implements Care and Maintenance Plan for Koniambo Nickel SAS

(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release

Swiss Banks Boost Financing to Egypt’s Textile Modernization Program to EUR 375 Million

(IN BRIEF) Credit Suisse AG, UBS Switzerland AG, and other Swiss banks have collectively increased their financing commitment to the Cotton, Spinning, Weaving & Garment Holding Co in Cairo, Egypt, to EUR 375 million as part of the country’s textile … Read the full press release

Researchers Develop Improved Perovskite Quantum Dots for Brighter Light Emission and Quantum Technologies

(IN BRIEF) Researchers at Empa and ETH Zurich have developed innovative methods to enhance the efficiency and brightness of perovskite quantum dots, which can emit light of specific colors and single photons, critical for quantum technologies and displays. They created … Read the full press release

The Future of Cancer Detection: Multi-Cancer Blood Tests Raise Hope and Questions

(IN BRIEF) Multi-cancer early detection (MCED) blood tests hold the promise of revolutionizing cancer screening by providing a comprehensive, minimally invasive screening option for multiple types of cancer in a single blood sample. These tests offer the potential to increase … 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

Holcim Appoints Miljan Gutovic as New CEO, Jan Jenisch to Focus on Chairman Role and US Listing

(IN BRIEF) Holcim’s Board of Directors has named Miljan Gutovic as the new Chief Executive Officer (CEO), effective from May 1, 2024, succeeding the current CEO Jan Jenisch, who will concentrate on his role as chairman and lead the planned … Read the full press release

Holcim Announces Intent to List North American Business, Creating Leading Building Solutions Company

(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release

Zurich Insurance Group’s CEO Mario Greco Named Insurance Leader of the Year 2023

(IN BRIEF) Zurich Insurance Group’s CEO, Mario Greco, has been honored with the prestigious Insurance Leader of the Year Award for 2023 by St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science. The award ceremony, … Read the full press release

Executives Discuss Software Supremacy and AI’s Transformative Power at World Economic Forum

(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release