Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

Swissgrid: Drop in frequency on the synchronously interconnected Continental Europe system registered on 10 January 2019

AARAU, 17-Jan-2019 — /EuropaWire/ — TSOs of ENTSO-E Continental Europe Regional Group are taking collective actions to restore frequency as foreseen in such cases and continue their technical analysis of the incident. A drop in frequency on the synchronously interconnected … Read the full press release

Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year

Confederation and cantons to receive distribution of CHF 2 billion ZURICH, 09-Jan-2019 — /EuropaWire/ — According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year. The … Read the full press release

Novatek’s next generation TV chipsets will natively support both NAGRA Connect and TVkey Cloud

NAGRA Connect and TVkey Cloud bring pay-TV services directly to internet-connected Smart TVs without the need for any external device Operator branded user experiences featuring instant service activation leveraging standard HbbTV2.0 middleware Wide range of broadcast, IPTV and OTT service … Read the full press release

Record high number of ETH Zurich spin-offs in 2018

ZURICH, 07-Jan-2019 — /EuropaWire/ — ETH Zurich can look back on an exceptionally good year for spin-offs: 27 companies were founded in 2018, more than any year previously. Financing rounds totalling over CHF 170 million and the listing of Sensirion … Read the full press release

Swissgrid acquires additional transmission grid systems for CHF 10.0 million

Aarau, Switzerland, 07-Jan-2019 — /EuropaWire/ — With the entry in the commercial register on 3 January 2019, Swissgrid has taken over additional facilities belonging to the transmission grid. At the same time, additional share capital was recorded in the commercial register, as … Read the full press release

WEF / Oxford Martin School: balancing meat consumption with alternative sources of protein can lead to significant health and environmental benefits

New research by the Oxford Martin School for the World Economic Forum finds that balancing meat consumption with alternative sources of protein can lead to significant health and environmental benefits A sustainable food industry and healthier human life can be … Read the full press release

SGS: European Union to regulate 33 carcinogenic, mutagenic or reprotoxic (CMR) category 1A or 1B substances under new entry 72 to Annex XVII of REACH

The European Commission has published a guideline with methods to assist the industry to comply with CMRs under entry 72 to Annex XVII of REACH. The stricter limits apply for different concentration limits in other entries to Annex XVII of … Read the full press release

SGS: 15 provinces and cities in China updated their monthly minimum wage standards

According to the official data for 2018 from China’s National Bureau of Statistics (NBS) & Ministry of Human Resource and Social Security, 15 provinces and cities have updated their monthly minimum wage standards, to varying degrees. GENEVA, 28-Dec-2018 — /EuropaWire/ … Read the full press release

Luigi De Siervo to leave Infront Italy to take up his new role as CEO of Italian football league Lega Serie A

MILAN/ZUG, 21-Dec-2018 — /EuropaWire/ — Luigi De Siervo, President & CEO of Infront Italy, has been appointed CEO of Italian football league Lega Serie A at their General Assembly on Thursday. De Siervo will be leaving Infront to take up … Read the full press release

LafargeHolcim awarded infrastructure contracts by the British Columbia Ministry of Transportation and Infrastructure

Jona, Switzerland, 21-Dec-2018 — /EuropaWire/ — LafargeHolcim has been awarded infrastructure contracts worth over CAD 100 million as part of a major highway improvement project in Vancouver, Canada. The Highway 1 area is a vital local, regional and provincial corridor for … Read the full press release

Sika installs new production lines for mortars and acrylic liquid applied membranes in Palin, Guatemala

BAAR, 18-Dec-2018 — /EuropaWire/ — Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company’s market position in the emerging countries of the region. The … Read the full press release

EBU welcomes the publication in the European Official Journal of the European Electronic Communications Code

By 20 December 2020, car radio sets will have to be equipped to allow digital terrestrial radio reception. Le Grand-Saconnex, Switzerland, 18-Dec-2018 — /EuropaWire/ — Today’s (17 Dec 2018) publication in the European Official Journal of the European Electronic Communications Code paves … Read the full press release

Centrica Consumer division CEO Mark Hodges will be the new CEO of ReAssure from 1 March 2019

As part of the preparation towards a potential initial public offering (IPO) of ReAssure, Swiss Re announces Mark Hodges, currently Chief Executive Officer of Centrica Consumer division, as new CEO of ReAssure from 1 March 2019. The new CEO will … 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

IEDM2018: STMicroelectronics presents architecture and performance benchmarks of technology based on 28nm FD-SOI with embedded ePCM designed for its automotive microcontrollers

Innovative embedded Phase-Change Memory (ePCM) for automotive MCUs sampling now Initial performance benchmarks presented at IEDM 2018 Will support faster and more complex computing needs in automotive systems GENEVA, 11-Dec-2018 — /EuropaWire/ — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across … Read the full press release

Basilea to receive sales milestone payments from Astellas based on exceeding certain thresholds from the sales of antifungal Cresemba®

BASEL, 11-Dec-2018 — /EuropaWire/ — Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today that the sales of the antifungal Cresemba® (isavuconazole) by Astellas Pharma Inc. (“Astellas”) in the United States exceeded the threshold triggering a milestone payment to Basilea in the amount of … Read the full press release

Ericsson to enhance the consumer experience for Swisscom subscribers through deployment and integration of the Ericsson Expert Analytics

Swisscom, the largest telecommunications service provider in Switzerland, selects Ericsson Expert Analytics solution to enhance experience for subscribers  Solution to provide data analysis and actionable insights for Swisscom’s 5.3 million mobile broadband subscribers using video and other OTT applications STOCKHOLM, … Read the full press release

Pepper IoT, Kudelski Group collaborate to protect IoT service providers and retailers from cybersecurity risks

Cheseaux-sur-Lausanne, Switzerland, Phoenix (AZ) and Kansas City (MO), USA, 06-Dec-2018 — /EuropaWire/ — The Kudelski Group (SIX: KUD.S), the world leader in digital security, and Pepper IoT, the Internet of Things platform and service provider, announced today a long-term collaboration to … Read the full press release

SIX: Swiss Federal Council adopts new “recognition regime” for foreign trading venues which trade Swiss shares

ZURICH, 03-Dec-2018 — /EuropaWire/ — Based on the new “ recognition regime”, FINMA will only grant recognition if the jurisdiction, in which the foreign trading venue is located, permits investment firms in that jurisdiction to trade in Swiss shares in Switzerland … Read the full press release

Worldline completes SIX Payment Services acquisition; SIX now holds 27% equity stake in Worldline

As communicated in May 2018, SIX, the parent company of SIX Payment Services, announced today the completion of the acquisition of SIX Payment Services by Worldline. As part of this transaction SIX now holds a 27% equity stake in Worldline … Read the full press release

EHF EURO 2018: Infront works with European Handball Federation (EHF) to raise the bar in terms of digital services delivered

New initiatives designed to increase content and expand reach ZUG, 30-Nov-2018 — /EuropaWire/ — At the Women’s EHF EURO 2018 in France from 29 November – 16 December, Infront – as the exclusive media and marketing partner of the EHF … Read the full press release

Infront subsidiary XLETIX GmbH acquires BARMER Women’s Run series from Motor Presse Stuttgart

ZUG, 30-Nov-2018 — /EuropaWire/ — Infront subsidiary XLETIX GmbH has acquired the BARMER Women’s Run series from Motor Presse Stuttgart, expanding its presence within Germany’s running series market. The new agreement means Infront now owns the two biggest women-only running … Read the full press release

Barry Callebaut to supply another 7,000 tonnes of compound chocolate per year to Garudafood’s biscuit factory in Rancaekek, Indonesia

Expanding its footprint in the world’s 4th most populous country: Garudafood and Barry Callebaut signed a long-term agreement for the supply of an additional 7,000 tonnes of compound chocolate per year Barry Callebaut will build a “plant in the plant” … Read the full press release

SGS partners with EuroPrivacy to deliver certification services that demonstrates GDPR compliance

Data protection has been at the forefront of corporate and regulatory discussions over the past several years. It reached a pivotal moment with the entry into force of the EU General Data Protection Regulation (GDPR) in May 2018. GENEVA, 28-Nov-2018 … Read the full press release

SGS ready to provide testing and/or certification services in accordance with ANSI/CAN/UL-2743 (2nd Ed) for the North American Market

UL 2743, the new safety standard for portable power packs set out stringent technical requirements to ensure risks are minimized and products are safe to use. GENEVA, 28-Nov-2018 — /EuropaWire/ — With lead-acid or lithium battery energy storage technology portable power … Read the full press release

SGS Digicomply paves the way for future intelligent compliance management systems

SGS Digicomply, the regulatory intelligence network for regulatory compliance and risk management, announced today the features of its Winter ’18 release. GENEVA, 28-Nov-2018 — /EuropaWire/ — SGS Digicomply experts are working with AI (artificial intelligence) to provide new functionalities and a … Read the full press release

Airbus: astronaut assistant, CIMON (Crew Interactive Mobile CompanioN) passed its first tests in space with flying colours

Small talk with Alexander Gerst on board the ISS makes aerospace history FRIEDRICHSHAFEN/ BREMEN, 19-Nov-2018 — /EuropaWire/ — The astronaut assistant, CIMON* (Crew Interactive Mobile CompanioN), developed and built by Airbus on behalf of the German Aerospace Center (DLR), has passed its first … Read the full press release

CHINA: ABB inaugurates its largest and one of its most advanced manufacturing sites, The Xiamen Hub

US$300 million investment in the hub which is ABB’s largest innovation and manufacturing site at 425,000m2 Employs 3,500 people, covering the full range of business activities Strong symbol of ABB’s ongoing commitment to China, where it has invested more than … Read the full press release

ABB awarded a $79m contract for the upgrade of the Bab Onshore Field in Abu Dhabi

ZURICH, 15-Nov-2018 — /EuropaWire/ — ABB has been awarded an integrated automation, electrification and telecommunication order in Q2 2018, valued at US$79 million, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleum Engineering and Construction … Read the full press release