Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

Nestlé Introduces KitKat Made with Cocoa from Its Income Accelerator Program

(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release

Basilea’s Antifungal Cresemba Sales in Latin America Trigger Milestone Payment from Partner Knight Therapeutics

(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) has announced that its partner Knight Therapeutics Inc. (TSX: GUD) exceeded the sales threshold for the antifungal Cresemba (isavuconazole) in Latin America in 2023, triggering the first sales milestone payment for the region. … Read the full press release

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release

ETH Domain Showcases Research Highlights to Distinguished Guests During World Economic Forum

(IN BRIEF) In conjunction with the World Economic Forum (WEF) in Davos, the six institutions of the ETH Domain hosted a special event at the WSL Institute for Snow and Avalanche Research (SLF) to present their cutting-edge research to high-ranking … Read the full press release

BTRY, Empa, and ETH Zurich Spin-Off, Raises CHF 900,000 for Rapid-Charging Thin-Film Solid-State Batteries

(IN BRIEF) Swiss startup BTRY, a spin-off from Empa and ETH Zurich, has secured CHF 900,000 in its initial funding round. Led by High-Tech Gründerfonds (HTGF) and Zürcher Kantonalbank (ZKB), the startup focuses on developing thin-film solid-state batteries capable of … Read the full press release

AI Governance Alliance Releases Comprehensive Reports on Responsible AI Development and Access

(IN BRIEF) The AI Governance Alliance (AIGA) has published three significant reports addressing advanced artificial intelligence (AI) topics, including generative AI governance, responsible AI development, and deployment frameworks. AIGA, a collaborative initiative involving governments, businesses, and experts, seeks to ensure … Read the full press release

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