News

55M CHF Alleged Fraud at Zug High Court
Zug's High Court hears a major fraud case, with CHF 55 million at stake in a pharmaceutical scam.
Huge Rain Falls in Certain Regions of Ticino
Unprecedented Easter weekend precipitation drenches Ticino and surrounding regions.
Swiss Media Group TX Restructure
Zurich's TX Group is reshaping its structure for efficiency, eliminating intermediate boards for agility and direct management.
Sunday, March 3rd – Weekly Round-Up
Swiss milk industry's call for a 3 centime increase per liter sparks debate, amidst falling farm numbers, tractor registrations surge, while crimes by asylum seekers and the CS takeover legal dismissals draw attention.
Kuehne+Nagel Future
Kuehne+Nagel Stabilise in 2023: Plans For Expansion
After a booming period during the pandemic, Kuehne+Nagel prepares for growth normalization in 2023.
Swiss electricity prices
Swiss Electricity Prices to Dip Slightly in 2025, Uvek Reports
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.
Swiss economic outlook
Swiss Economic Outlook: Still Above Average Despite Decline
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
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
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
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
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
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
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
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
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
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
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
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.

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