Vaduz (ots) - For decades, Liechtenstein has been actively engaged in the combat against money laundering and terrorist financing and has been guided by the international standard of the Financial Action Task Force (FATF). Since 1999, Liechtenstein has been a member state of MONEYVAL, which is a regional body ...
Lausanne (ots) - For over a year now, many associations and bodies involved in the areas of social welfare, sport and culture have been battling to deal with repercussions from the public-health crisis. In response to this challenging predicament, Loterie Romande is delighted to announce it will be distributing CHF 224.7 million for public-interest projects, on a par with the figure for the previous year, even though ...
Laufen (ots) - Ricola realized a satisfactory overall result in 2020, despite the worldwide Corona pandemic and the associated restrictions. The company further expanded its position in various markets and achieved good progress in the promising areas of sustainability and innovation. After a dynamic start to 2020 with high sales in the first quarter, the global impact ...
Zurich (ots) - The Covid pandemic has seriously impacted the Swiss mechanical and electrical engineering industries (MEM industries). Compared with 2019, new orders received were down by 6.5%, sales by 9.8% and exports by a substantial 11.2%. Relaxations of Covid global containment measures led to a gradual recovery of business in the second half of 2020. Both the PMI trend and companies' expectations give grounds for ...
Zürich (ots) - - Operating income climbs to record CHF 2,513 million - Customer assets rise to CHF 362 billion - Strong net inflow of new money of CHF 22.1 billion - Ordinary dividend of CHF 356 million and additional coronavirus special dividend of ...
Laufen (ots) - Ricola looks back on a good business year 2019 with pleasing growth in various export markets and successful launches of new products. 2019 was also a year of change for the traditional family-owned Swiss company. In May 2019, Thomas P. Meier took over the responsibility as CEO from Felix Richterich, who has since been focusing on his strategic role as Chairman of the Board of Directors. "Multi-Active" and ...
Bern (ots) - In 2019, the Swiss Investment Fund for Emerging Markets (SIFEM) committed a total of USD 104.5 million across nine different projects and concluded the year with a positive operating result of CHF 5.1 million. However, the outlook for SIFEM's portfolio in 2020 has taken a sudden negative turn in the ...
Zürich (ots) - - Second-highest net profit in the 150-year history of Zürcher Kantonalbank - Record income of CHF 2,414 million (+4%) - Client assets reach all-time high of CHF 333.3 billion - Pleasing net inflow of new money of CHF 11.7 billion - Significantly improved cost/income ratio of 59.9% - Total profit distribution to Canton and municipalities of ...
Zürich (ots) - In 2019, Helsana Insurance Company Ltd recorded an outstanding result of CHF 436 million. This comprises a very strong investment performance and a solid underwriting result. Customer growth for 2020 once again clearly exceeded the prior year and the new corporate strategy was successfully launched at the start of 2020. In 2019, Helsana Insurance Company Ltd recorded an outstanding result of CHF 436 ...
Vaduz (ots) - Liechtenstein complies with the international standards of the OECD on the exchange of information for tax purposes. The report by the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) finds that the legal framework and practice in Liechtenstein are to a large ...
Zürich (ots) - - Very good operating performance driven by solid income of CHF 2,320 million and strong cost discipline - Significant growth in operating profit of 14% to CHF 892 million - Strong net inflow of new money totalling CHF 18.0 billion, with pleasing inflows across all business areas - Customer assets increase to CHF 295.2 billion - Capital ...
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Zurich (ots) - Zürcher Kantonalbank grew its group operating profit by 5% to CHF 761 million in 2016. Higher commission and fee income and a strong performance in trading were the main drivers of this result. The distribution to the canton and ...
Geneva (ots) - - - Union Bancaire Privée, UBP SA (UBP) has announced a 10% year-on -year rise in its assets under management to CHF 87.7 billion (USD 98.6 billion) as at 31 December 2013 (CHF 80 billion at the end of 2012). - The Group's operating profit came to CHF 218.3 million (USD 245.5 million), up more than 20% on the previous year, attesting to the business' ...
Zürich-Oerlikon (ots) - Qnective AG ( http://www.qnective.com/ ) is looking back on a very successful first 6 months of 2012. The Swiss based company, founded in 2006, offers services in communications security and secure Voice over IP solutions to customers all over the world. The business development pipeline is ...
Lugano (ots) - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). CHF 77.7 billion in assets under management - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). Assets under management stood at CHF 77.7 billion, up 1.9% despite the appreciation of the Swiss franc and the continuing negative trend on the financial markets - Continued successful expansion in fast-growing markets: Asia, Latin ...
Altdorf/Andermatt (ots) - The development of the Andermatt Swiss Alps tourist resort continues to progress in leaps and bounds. Further important construction phases are planned for 2012 including the building of the first villa, the first apartment building and the Golf Clubhouse as well as final façade work on the 5-star hotel The Chedi Andermatt, completion of the 18-hole golf course and further development of the new ...
Geneva (ots) - - - Seeing healthy prospects in the private banking industry, Union Bancaire Privée, UBP SA (UBP) strengthened its presence in that area of the Swiss market with the acquisition of ABN AMRO Bank (Switzerland) AG in the second half of 2011 - UBP booked consolidated profit of CHF 198 million (USD 211.7 ...
Geneva, Switzerland (ots) - WISeKey Shareholders voted on and unanimously approved all Ordinary General Assembly agenda items on Wednesday, following an opening presentation delivered by Chairman and CEO Carlos Moreira. The Company and the Board received undivided support for their work by the Company shareholders. ...
Lausanne (ots) - Gaznat SA held its 4th AGM on May 30, 2011. In 2010, the consolidated turnover reached 557 million francs (+10.6%) representing a sales volume of 11.36 billion kilowatt-hours (+18.4%). Natural gas is seen as a quickly mobilisable, safe and flexible alternative now that the progressive phasing out of nuclear power is under consideration. The Chairman ...
Geneva (ots) - Union Bancaire Privée (UBP) achieves net profits of CHF 216 million (USD 230 million) for the 2010 financial year as it implements its new strategies for Private Banking and Asset Management. - Assets under management totalled CHF 65 billion (USD 69 billion) as at 31 December 2010, mainly ...
Berne (ots) - Shareholders of BKW FMB Energy Ltd were presented with robust revenue figures for fiscal 2009 at the 107th General Shareholders' Meeting in Berne. The General Meeting approved the 2009 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 2.50 per share ...
Zurich-Volketswil (ots) - - Indication: The complete press release can be downloaded free of charge under: http://www.presseportal.ch/de/pm/100016920/?langid=2 - After a weak start in the first two quarters due to the economic downturn and retailer stock reduction, the La Prairie Group ...
Paudex, Switzerland (ots) - Nestlé Nespresso SA announced strong 2009 business results, delivering sales of CHF 2.77 billion achieving sales growth of more than 22%. In 2009, the company also grew its retail network to more than 190 boutiques and launched CitiZ, a new machine range, while for the first time Nespresso Club Members exceeded seven million. "In ...
Lugano (ots) - - Indication: The Key Figures of the Cornèr Bank Group can be downloaded free of charge under: http://www.presseportal.ch/de/pm/100019252/?langid=2 - The 58th business year of the Cornèr Bank Group, with registered offices and ...
Zurich (ots) - The first business year following the management buyout of the business unit "Engineering and Innovative Products EIP" from Siemens Switzerland AG to Albis Technologies AG was characterized by continuity, quality, and productivity. Customers continued to trust in the experience and know-how of both management and employees. And more than ever ...