Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. were offered one new share in BKW Inc. with the same par value. Since 12 December 2011 BKW ...
Bern (ots) - Based on an assessment of the future market trend, the BKW Group will charge impairments and make provisions for onerous energy contracts to the 2011 financial statements. As a result of this measure, the Group expects to post a net loss of around CHF 150 million for the 2011 financial year, contrary to earlier expectations. The impairment charges concern ...
Bern (ots) - In 2011 the Mühleberg power plant (KKM) of BKW Inc. generated 2,605 million Kilowatt hours (kWh) of electricity: 16% less than in 2010 (3,109 million kWh). The reduction is due to the extended revision of the plant in the summer of 2011. Since the early 1970s the KKM has generated more than 105,733 million kWh of electricity. Compared to a modern ...
Bern (ots) - BKW FMB Energy Ltd. (BKW) is acquiring five small run-of-river power plants from Italian energy utility Sorgenia. Located in the Aosta valley, the run-of-river power plants have a collective installed capacity of close to 8 Megawatts (MW). The acquisition expands BKW's presence in Northern Italy. Since ...
Bern (ots) - After nine successful years in charge of Mühleberg nuclear power plant (KKM), Patrick Miazza is to stand down as managing director of the plant on 1 January 2012 for personal reasons. He will be succeeded by his current deputy, Martin Saxer. Walter Lehmann, currently Head of Operations, will take over as deputy managing director. Patrick Miazza joined BKW ...
Bern (ots) - BKW FMB Energy Ltd. (BKW) is to acquire two wind farms, Holleben and Bippen, from Germany's leading wind project developer and wind farm operator wpd of Bremen. The two wind farms have a collective installed capacity of 53 Megawatts (MW). The acquisition expands BKW's foreign wind portfolio to 270 MW and strengthens its position in the field of wind power. Holleben wind farm in Saxony-Anhalt has an installed ...
Bern (ots) - In October the BKW Group announced a Groupwide productivity enhancement and cost reduction programme with a view to further developing its market position. It has now launched an additional package of measures which, when implemented, will enable BKW to achieve the targeted reduction in controllable costs and ensure the company's economic stability. A planned reduction of around 200 jobs will affect all ...
Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for a 1:1 exchange of all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. will receive one new ...
Bern (ots) - Every five years the estimate of decommissioning and disposal costs for all Swiss nuclear power plants is comprehensively reviewed and updated. In this context, BKW FMB Energy Ltd. (BKW) has also drawn up a new cost estimate for the post-shutdown phase and dismantling of Mühleberg nuclear power plant. The estimated costs for the phase immediately following the shutdown of the nuclear power plant, as well as ...
Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for a 1:1 exchange of all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. will receive one new share in BKW Inc. with the same par value. The ...
Bern, Switzerland (ots) - Mobile money services have more chance of being successful when bundled with profiled offers. Sicap innovation, revealed at the Mobile Money Transfer Global Conference in Dubai today, can significantly improve the return on investment of them. Given that many mobile money services are way off-track to reach breakeven timelines, Aleeda Fazal, who leads sicap's mobile money team ...
Bern (ots) - On 26 October 2011, BKW FMB Energy Ltd. (BKW) signed an agreement for a syndicated loan (as yet unused) of CHF 300 million at attractive conditions. With this move, BKW has created a financing framework to strengthen its liquidity reserves. This will allow BKW in future, if the need arises, to raise funds from the banks in order to help finance its net ...
Bern (ots) - With a view to further developing its market position and as part of the economising programme already announced, BKW FMB Energy Ltd. (BKW) has taken measures to reduce the workforce in the Networks Division. The move was prompted in particular by the changed regulatory environment and increased pressure on costs. In mid-April 2011, the Federal Electricity ...
Ittigen/Bern, Switzerland (ots) - Pevion Biotech AG today announced latest results from the ongoing clinical study of its therapeutic Candida vaccine PEV7, showing high levels of specific antibodies and a 100% mucosal immune response rate. The announcement further included the results of the largest, international ...
Bern, Switzerland (ots) - Long term partners, sicap and telecom services company T-Hrvatski Telekom, have extended the reach of the sicap Device Management Centre (http://www.sicap.com/en/Device_Management_Centre.58.0.html) (DMC) to serve mobile customers of Crnogorski Telekom in Montenegro, the second operator of the group whose customers benefit from the DMC ...
Bern (ots) - As already announced, BKW Group intends to introduce a holding structure to enable a more flexible response in future to changing market requirements and new regulatory challenges. This will be done in the form of a share exchange, whereby the new BKW Group holding company, BKW Inc., submits a public exchange offer to BKW FMB Energy Ltd. shareholders to exchange all registered shares in BKW FMB Energy Ltd. on ...
Bern (ots) - Following completion of the annual revision and optimising work on the inlet structure of Mühleberg nuclear power plant (KKM), BKW FMB Energy Ltd. (BKW) restarted the facility at the weekend. Prior to the restart, the Federal Nuclear Safety Inspectorate (ENSI) approved the upgrades and authorised the ...
Bern (ots) - The adventure continues - the American climber and writer John Harlin III begins the third and final chapter of his attempt to travel the entire 2,000km Swiss border on July 6. After paddling and cycling along the northern and western borders, this summer he will climb the thin, and often dangerous, alpine line that separates Switzerland from its southern neighbours. Follow John's adventure through his ...