Tag Archives: Zurich

Zalando Expands AI Fashion Assistant and Adds Trend Spotter to Four More Cities Across Europe

(IN BRIEF) Zalando has expanded its AI-powered fashion assistant across all 25 of its markets, now offering personalized fashion recommendations in local languages. This assistant, which integrates Zalando’s own models with OpenAI’s large language models, tailors advice based on factors … Read the full press release

Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release

Zurich Insurance Group announces its exit from the Russian insurance market

(PRESS RELEASE) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced the sale of its property and casualty insurance company in Russia to some members of the local team of the unit. According to … Read the full press release

Zurich Insurance Group anuncia su salida del mercado asegurador ruso

(COMUNICADO DE PRENSA) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), la aseguradora más grande de Suiza, ha anunciado la venta de su compañía de seguros de propiedad y accidentes en Rusia a algunos miembros del equipo local … Read the full press release

Zurich Insurance Group improves its capital utilization across its life back book with the sale of Italian life and pensions back book to Portuguese insurance company GamaLife

Transaction to release approximately USD 1.2 billion of capital and add 11 percentage points to the Group’s Swiss Solvency Test ratio1 Significant reduction in the Group’s exposure to credit risk Zurich will focus on protection and unit-linked solutions in the … 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

Zurich Insurance Group joins The Valuable 500, a global movement of CEOs and their companies working together for disability inclusion

(PRESS RELEASE) ZÜRICH, 3-Dec-2021 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced that it will join The Valuable 500, a global movement made up of 500 CEOs and their companies, innovating and working together for … Read the full press release

Siemens to deliver and install 45 eBus Sicharge UC charging stations for Zurich Public Transport Authority

Project helps Zurich’s public transport authority convert its bus fleet to electric drives Delivery of 45 charging stations for Hardau bus garage Charging cables routed through the hall ceiling allows for clear passageways (PRESS RELEASE) ERLANGEN, 16-Jul-2021 — /EuropaWire/ — … Read the full press release

Swiss Canton Zug cuts its corporate taxes and returns on top of 2020’s Credit Suisse Locational Quality Indicator

(PRESS RELEASE) ZURICH, 13-Oct-2020 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its Locational Quality Indicator annual study for 2020 that looks into the locational quality of Swiss … Read the full press release

Zurich to plant 1 million trees to restore biodiversity at Brazil’s Atlantic Forest

(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release

Zurich launches Global Business Platforms unit to expand digital services worldwide

Zurich accelerates development of digital services, creating a new unit to attract additional customers and meet their rapidly changing needs Jack Howell, CEO Asia Pacific (APAC), to lead the new Global Business Platforms unit focusing on digital services Ericson Chan, … Read the full press release

Zurich Insurance Group: UK’s Financial Conduct Authority to test policy wordings in the UK High Court

(PRESS RELEASE) ZURICH, 1-Jun-2020 — /EuropaWire/ — Swiss global general and life insurer Zurich Insurance Group (Zurich) announced it is welcoming the UK’s Financial Conduct Authority decision to test policy wordings from across the UK insurance industry in the UK … Read the full press release

PDA Explores the Transformation of Healthcare at 4th Annual European Meeting

PDA Explores the Transformation of Healthcare at 4th Annual European Meeting

EMA, MHRA and FDA among regulatory agencies participating (PRESS RELEASE) BERLIN, 10-Jun-2019 — /EuropaWire/ — The Parenteral Drug Association (PDA) is excited to host its 4th Annual European Meeting: Global Healthcare of the Present and the Future, June 25-26 in … Read the full press release

Global Talent Competitiveness Index (GTCI) 2019: Switzerland remains #1; Singapore leads Asia-Pacific; Europe dominates the top 10; China leader among BRICS nations

(PRESS RELEASE) MIDDLE EAST, ASIA, EUROPE, 23-Apr-2019 — /EuropaWire/ — The Adecco Group, Tata Communications and INSEAD have just released their annual benchmark report that looks into the ability of 125 countries around the world to compete for talent. According … Read the full press release

R.W. Chelsea Holdings Ltd Starts To Hold Fixed Income Investor Meetings In Vienna, Zurich, Geneva and London

(PRESS RELEASE) LONDON, 11-Feb-2019 — /EuropaWire/ — R.W. Chelsea Holdings Ltd (the “Issuer”), has mandated BMI International Europe Limited as Sole Global Coordinator to arrange a series of fixed income investor meetings in Vienna, Zurich, Geneva and London, commencing on 11 … Read the full press release

Zurich Insurance plc to transfer its pre-2007 UK legacy employers’ liability policies to Catalina

Portfolio includes gross liabilities of USD 2 billion Transaction will be completed in two steps Transaction is expected to have a small negative impact on business operating profit in the fourth quarter of 2018 and a small positive impact on … Read the full press release

Zurich to nominate Jasmin Staiblin for a position on its Board

Election will take place at the next Annual General Meeting David Nish will not stand for re-election ZURICH, 14-Dec-2018 — /EuropaWire/ — Ms. Staiblin is currently the Chief Executive Officer of Alpiq, a leading Swiss energy services provider and electricity … Read the full press release

Zurich and Capgemini joint Robotic Process Automation (RPA) projects won the Information Services Group (ISG) Paragon Award

PARIS/ZURICH, 13-Jul-2017 — /EuropaWire/ — Zurich Insurance Company Ltd (Zurich), a leading multi-line insurer, and Capgemini, a global leader in consulting, technology and outsourcing, won the Information Services Group (ISG) Paragon Award™ Europe in the “Collaboration” category for their joint Robotic Process … Read the full press release

Zurich gets approval for the renovation of its headquarters at Mythenquai 2 in Zurich

Zurich has received approval for the renovation of its group headquarters at Mythenquai 2 in Zurich. The dismantling of those buildings that are not on the registry of protected artistic and cultural sites has already begun. Construction will be completed … Read the full press release

Aegon, Allianz, Munich Re, Swiss Re and Zurich launch the Blockchain Insurance Industry Initiative B3i

Aegon, Allianz, Munich Re, Swiss Re and Zurich have launched the Blockchain Insurance Industry Initiative B3i aiming to explore the potential of distributed ledger technologies to better serve clients through faster, more convenient and secure services. If Blockchain technology proves … Read the full press release

Lindner Fassaden: Skyscraper Hard Turm Park in Zurich awarded the „facade industry’s Oscar“

ZURICH, 22-Aug-2016 — /EuropaWire/ — The Swiss Central Windows and Facades awarded the „facade industry’s Oscar“ for the third time in 2015. Three of the 26 competitors convinced – amongst others the Lindner Fassaden GmbH. The company won the third place … Read the full press release

Iconic Aston Martin Sports Cars Get Special Swiss Treatment

ZURICH, Switzerland, 22-5-2015 — /EuropaWire/ — Aston Martin St. Gallen builds a new dealership that combines features of the iconic sports car brand with typically Swiss characteristics to create a unique and luxurious ambience. What makes this dealership even more … Read the full press release

Zurich 2014 SME survey: Most SMEs concerned about the risks of high competition and the associated impact of dumping on sales margins and weak consumer demand/overstocking

Zurich, 26-11-2014 — /EuropaWire/ — While SMEs globally are generally optimistic about the future, they remain concerned about the risks of high competition and the associated impact of dumping on sales margins, and weak consumer demand/overstocking. The Zurich 2014 SME survey … Read the full press release

Accenture to optimize Zurich Insurance Group’s global finance IT function under five-year application services agreement

Zurich, Switzerland, 7-11-2013 — /EuropaWire/ — Accenture (NYSE: ACN) is assisting Zurich Insurance Group (Zurich) to streamline Zurich’s global finance IT function under a five-year application services agreement signed in 2012. The initiative, which is being implemented through Accenture Finance and Risk … Read the full press release

Barry Callebaut’s first chocolate factory in Turkey inaugurated in Eskişehir

Barry Callebaut establishes local presence to further tap into a fast-growing chocolate market New state-of-the-art chocolate factory with initial annual production capacity of 14,000 tonnes of chocolate Moving closer to local Turkish customers and creating an additional foothold for the … Read the full press release

Zurich Insurance Group’s Chairman Josef Ackermann announced resignation

Zurich, 03-9-2013 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces that the Chairman, Josef Ackermann, has informed the Board of Directors that he is resigning from all his functions as a Board member with immediate effect. The Board of Directors respects and … Read the full press release

The UBS consumption indicator: new cars registrations during H1-2013 was weak in Switzerland

The UBS consumption indicator moved sideways in June. The first half of the year was weak for registrations of new cars. Zurich/Basel, 20-8-2013 — /EuropaWire/ — The UBS consumption indicator remained stable for the most part in June at 1.44 index … Read the full press release

Swiss National Bank’s stabilisation fund repaid the loan granted by the SNB parent company

Zurich, 19-8-2013 — /EuropaWire/ — On 15 August 2013, the stabilisation fund (StabFund) of the Swiss National Bank (SNB) repaid the loan granted by the SNB parent company in full. Under the terms of the agreement, UBS may exercise an option … Read the full press release

The leading power and automation technology group ABB announced it acquired French software company Newron System S.A.

Transaction is in line with ABB’s expansion strategy in automation solutions for buildings Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, has acquired French software company Newron System S.A. to expand its market reach and … Read the full press release

High-quality cocoa and chocolate producer Barry Callebaut opened its first Cocoa Center of Excellence in Côte d’Ivoire

Center in Pacobo, Côte d’Ivoire, to offer advanced farmer training programs starting July 2013  Integrated “showcase farm” designed to demonstrate optimal farm management practices including advanced techniques to increase cocoa crop yields and quality Training curriculum includes focus on intercropping … Read the full press release

Barry Callebaut intends to offer $600m Senior Notes due 2023 to finance acquisition of Cocoa Ingredients Division from Petra Foods

Zurich/Switzerland, 10-6-2013 — /europawire.eu/ — Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, takes another step towards the closing of the acquisition of the Cocoa Ingredients Division from Petra Foods by announcing that it intends to offer USD … Read the full press release

Lenovo prüft Effizienz seiner Marketingkampagnen und Erfolg seiner Produkte mit SAS Visual Analytics

Lenovo positioniert neues Yoga 11S Ultrabook mit SAS Visual Analytics Zürich, 7-6-2013 — /europawire.eu/ — Lenovo, zweitgrößter PC-Hersteller weltweit, setzt SAS Visual Analytics ein, um die Attraktivität seines neuen Yoga 11S Ultrabook im Markt zu testen und die Wirksamkeit seiner Marketingkampagnen … Read the full press release

UBS AG announced the results of its Annual General Meeting held in May 2013

Zurich / Basel, 4-6-2013 — /europawire.eu/ — At the Annual General Meeting held on May 2, 2013, UBS’s shareholders confirmed in their offices those members of the Board of Directors who had stood for re-election, and voted Reto Francioni onto the Board … Read the full press release

ABB CTO Prith Banerjee to leave the company

Banerjee to leave in next few weeks; Successor to be announced in due course Zurich, Switzerland, 16-5-2013 — /europawire.eu/ — Chief Technology Officer, Prith Banerjee, who joined ABB in 2012, has decided to leave ABB for family reasons. He will be … Read the full press release

ABB & Jiangsu Jingke formed joint venture in China

New joint venture to produce high voltage instrument transformers to serve growing demand Zurich, Switzerland,  13-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group has entered into an agreement with Jiangsu Jingke Smart Electric Company in China to … Read the full press release

ABB CEO Joe Hogan decided to leave ABB for private reasons

Date for departure has not yet been decided; successor to be announced in due course Zurich, Switzerland, 10-5-2013 — /europawire.eu/ — ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons. A date for his departure has … Read the full press release

ABB to supply Stadler Rail trains with traction equipment

Next generation orders to install ABB traction and onboard equipment on 76 trains Zurich, Switzerland, 8-5-2013 — /europawire.eu/ —  ABB, the leading power and automation technology group, has received orders worth more than $60 million from Swiss train manufacturer, Stadler … Read the full press release

ABB to supply electrical and automation system for one of the world’s largest single-axis PV power plants in the Northern Cape province of South Africa

Zurich, Switzerland, 7-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has won an order worth around $25 million to supply electrical and control systems for a new 75 megawatt (MW) photovoltaic (PV) power plant in the Northern … Read the full press release

ABB to supply power transformers to Saudi Electricity Company, worth of $120M

Transformers to augment transmission grid and boost power supply to meet growing demand  Zurich, Switzerland, 6-5-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has won orders worth around $120 million from the Saudi Electricity Company, to supply … Read the full press release

MIT Technology Review recognized ABB’s hybrid high-voltage direct current (HVDC) breaker among top 10 technologies

Zurich, Switzerland, 29-4-2013 — /europawire.eu/ — ABB, the leading power and automation technology group, has been recognized by MIT Technology Review for its hybrid high-voltage direct current (HVDC) breaker, placing it among the ten most important technology milestones of the past year. … Read the full press release