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the swiss times

Business & Finance

Swiss electricity prices
Swiss Electricity Prices to Dip Slightly in 2025, Uvek Reports
29 February 2024
Swiss electricity prices are poised for a modest drop, driven by DETEC's decision to lower the capital cost rate for electric grid investments, benefiting mainly large corporations.
Flixbus
Flixbus Total Sales Over Two Billion Euros For the First Time
29 February 2024
Flixbus marks a milestone with over 2 billion euros in turnover, expanding its global footprint.
Swiss economic outlook
Swiss Economic Outlook: Still Above Average Despite Decline
29 February 2024
Switzerland's economic horizon shows resilience despite a slight dip in the KOF Economic Barometer.
Zambon Group
Zambon Group: Exclusive Licensing Deal for IPX203 in Europe
29 February 2024
Keystone/SDA - DARRON CUMMINGS Amneal Pharmaceuticals, aligning with Zambon Group, announces an exclusive licensing pact for IPX203 in key European regions.
Default intrest switzerland
National Council Reverses Course: No Changes to Default Interest
29 February 2024
The National Council holds the federal default interest rate at five percent, opting for stability in uncertain economic times Keystone/SDA - PETER KLAUNZER The federal default interest rate will remain at five percent and will not be calculated using a new system.
Sandoz Settlement
Sandoz Pays $265 Million for Settlement in the USA
29 February 2024
Sandoz Resolves Legal Battles: Pays Settlement to Direct Sellers. Keystone/SDA - URS FLUEELER The generics specialist Sandoz is clearing up its legal legacy.
Holcim
Holcim to List North American Division in the US
28 February 2024
Holcim's US listing of its North American business aims for market separation, promising a focused approach in the building sector.
Ramseier Suisse
Ramseier Suisse Achieves 4% Sales Growth
28 February 2024
Despite unpredictable weather conditions, Ramseier Suisse sees a 4% increase in sales, reaching CHF 167 million, driven by product expansion and market share gains.
Implenia
Implenia Record New Profit Highs, Dividends Rise
28 February 2024
Implenia record-breaking net profit of 141.8 million Swiss francs in 2023, marking the highest in its history amidst a modest sales increase.
Swisscom
Swisscom Want to Buy Vodafone & Merge it With Fastweb
28 February 2024
Swisscom is planning an 8 billion euro takeover of Vodafone Italia to merge with Fastweb, enhancing its European presence.
Galaxus
Galaxus Expands with New Logistics Hub in Southern Germany
28 February 2024
Galaxus expands its logistics network with a third center in Neuenburg am Rhein, Germany, ensuring efficient distribution for Swiss and European markets.
Alpiq
Alpiq Achieves Profit of CHF 1.3 Billion
28 February 2024
The Swiss energy giant's focus on core operations and adept risk management fuelled its success.
Swiss Construction
Swiss Construction Industry to Slowdown This Year
28 February 2024
Swiss construction firms predict a downturn in sales due to rising interest rates and escalating construction costs, despite a modest growth in 2023.
Swiss corruption
One in Three Swiss Companies Admits to Bribery Abroad
28 February 2024
Despite heightened anti-corruption efforts, over half of Swiss companies face demands for illicit payments abroad, with a significant portion conceding to these requests, reveals a recent study.
Aktiia
Aktiia Secure CHF 27 Million in Funding to Fight Hypertension
27 February 2024
Aktiia receives a significant CHF 27 million investment, aiming to revolutionize hypertension care with its advanced wearable technology.
Arbonia
Arbonia Focus on Doors, Selling AC Division: Shareholders in for a Big Pay Day?
27 February 2024
Arbonia's Strategic Shift: Paving the Way for European Door Market Leadership KEYSTONE/SDA - Gian Ehrenzeller Construction supplier Arbonia is putting its air conditioning subsidiary up for sale, thereby losing over half of its sales volume.
Swiss SaaS
Swiss SaaS Acquisition: Datasite Buys Sherpany
27 February 2024
Datasite acquires Zurich's Sherpany, the undisclosed deal will go through pending final conditions.
Big Increase in Sulzer Stock Price in February 2024
27 February 2024
Detailing the recent uptick in profits, sales growth, and stock price elevation.

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