Laufen (ots) - 2024 was a year of consolidation and transition for Ricola, including theacquisition of a production facility in Lenzburg. The generational handover on the Board of Directors was concluded at the Annual General Meeting on 14 May 2025. After two very successful years in 2022 and 2023, Swiss family company Ricola achieved moderate organic growth in 2024 in a challenging market environment. The US market grew ...
Los Angeles/DNA (ots) - Australia boasts some of the world's most sophisticated political institutions and one of its wealthiest economies. But this veneer of success masks deeper structural issues - and a "ticking time bomb" of overreliance on extractive industries must be addressed under Australia's next ...
Zurich (ots) - Swissmem has been in favour of the bilateral approach from the outset. The common understanding relating to the Bilaterals III was already a good basis; further improvements were achieved in the negotiations. At first glance, the important agreement appears advantageous for Switzerland. Swissmem will now analyse the result and expects to give an ...
Dübendorf (ots) - Starlab Space-a joint venture between Airbus, Voyager Space, Mitsubishi Corporation, and MDA Space-marks the arrival of a major industry partner at Switzerland Innovation Park Zurich (IPZ). Today, a Memorandum of Understanding was signed in Zurich between the partners Starlab Space GmbH (in the process of being established), the Switzerland Innovation Park Zurich Foundation, and the newly established ...
Zürich (ots) - The situation in the Swiss tech industry (mechanical and electrical engineering industries and related technology sectors) remains challenging. In the first nine months of this year, sales were down 4.2% compared with the same quarter of the previous year, with goods exports and new orders declining by 3.6% and 0.3%, respectively. The primary factor behind this situation is economic weakness in the EU and, in particular, Germany. Key indicators do not point ...
Zurich (ots) - The Swiss technology industry (mechanical and electrical engineering industries and related technology sectors) is currently not making any headway. In the first half of 2024 - and compared with the prior-year period - sales were down 5.1%, order intake declined by 3.3% and goods exports were 4.5% lower. The Purchasing Managers' Index (PMI) for the industry is at a very low level in most European markets; ...
Zurich (ots) - After a breather, the Swiss franc has appreciated again sharply against the euro since mid-July. The temporary strength of the Swiss currency had already had a major impact on Switzerland's technology sector (mechanical and electrical engineering industries and related technology sectors) at the end of last year. This renewed exacerbation has come at a ...
Zurich (ots) - More than 1,000 leaders from industry, politics and science accepted the invitation to the Swissmem Industry Day at Kursaal Bern. On this key occasion for the Swiss tech industry, Swissmem President Martin Hirzel called for a return to a pragmatic economic policy in order to address the formation of ...
Zurich (ots) - The association of the Swiss technology industry is pleased at the Swiss electorate's clear approval of the Electricity Act. It will make a key contribution to a secure, environmentally friendly and economically viable electricity supply, and the companies in the technology industry are counting on it. Swissmem supports the rapid expansion of all CO2-free electricity-generation technologies. However, ...
Zurich (ots) - The business situation in the Swiss tech industry (mechanical and electrical engineering industries and related technology sectors) remains challenging. In the first quarter of 2024, goods exports declined by 8.5%, sales by 5.4% and new orders by 2.3% compared with the same quarter of the previous year. However, there are now more and more signs that the bottom of the downturn will be reached this year. ...
Zürich (ots) - Swissmem welcomes the finalization of the free trade agreement (FTA) with India, which will significantly enhance the competitive position of the Swiss technology industry in this important growth market, as customs duties of up to 22% will be eliminated. This is particularly true with respect to the industry's competitors from China, the UK, the EU and ...
Zurich (ots) - The Swiss technology industry (mechanical and electrical engineering and related technology sectors) had a challenging year in 2023. Compared with 2022, new orders received were down by 8.4%, exports by 2.6%, and sales by 0.8%. The generally good order backlog from the previous year prevented a more serious fall in sales. The further course of business ...
Zurich (ots) - Following significant progress in the exploratory discussions, the Federal Council today adopted its position for negotiations with the EU. The time is ripe for securing and further developing the success of the bilateral approach: Swissmem supports the Bilaterals III negotiating package. The association for the Swiss technology industry (mechanical and electrical engineering industries and related ...
Zurich (ots) - The downturn in the Swiss technology industry (mechanical and electrical engineering and related technology sectors) that began in the first half of 2023 has intensified in the third quarter of the year. Compared to the same quarter of the previous year, new orders fell by 10.5%, goods exports by 5.5% and sales by 1.5% in the third quarter of 2023. The sometimes very low figures for the global Purchasing ...
Zurich (ots) - Swissmem welcomes today's decisions by the Federal Council: The completion of the exploratory discussions with the EU and the agreement to draft the negotiating position are key milestones in securing the success of the bilateral approach. The Federal Council did not allow itself to get distracted by disruptive actions. The task now is to translate the progress made into successful negotiations in 2024. ...
Zurich (ots) - The Swiss technology industry (mechanical and electrical engineering and related technology sectors) experienced a downturn in the first six months of 2023, with new orders falling by 9.6% overall compared to the same period last year. New orders declined significantly more in the second quarter than in the first (-14.3 % compared to -4.8%). First-half exports also fell, by 1.1%, while sales languished at ...
Zurich (ots) - The approval today of the main points of a negotiating position with the EU is a key stage in securing the bilateral approach. The progress made in the exploratory discussions now needs to be utilized quickly - with a negotiating position by the end of the year and an agreement by summer 2024. With regard to wage protection, a negotiated solution is ...
Zurich (ots) - The business situation in the Swiss technology industry (mechanical and electrical engineering industries and related technology sectors) is currently still good. Both sales (+4.9%) and exports (+2.8%) rose in the first quarter of 2023 compared with the previous year. However, the decline in new orders in the first quarter (-4.8%) and the low worldwide Purchasing Managers' Index (PMI) indicate considerably ...
Berlin (ots) - The funding will grow the company's AI-powered platform, helping companies build resilient supply chains. With manufacturers seeking an easier way to source industrial-quality parts, MakerVerse raised EUR9.4 million in series A funding to meet that need. MakerVerse will scale its AI-powered on-demand manufacturing platform for even faster growth. 9.5 ...
Zürich (ots) - The performance of the Swiss technology industry (mechanical and electrical engineering and related technology sectors) has improved in the past year. Compared with 2021, sales were up by 9.4%, exports by 5.6%, and new orders received by 2.4%. This partially offset the slump in orders experienced in the third quarter of 2022. For the current year, businesses' expectations are cautiously optimistic. Having ...
Singapore (ots) - EW Nutrition will participate in VIV Asia 2023 to showcase its newest solutions for the animal nutrition industry. “We are constantly innovating to provide best-in-class products and programs. Our participation in VIV Asia 2023 is a good opportunity to connect with our partners over EW ...
Zürich (ots) - Adam Gontarz and Noé Blancpain will be joining Swissmem's Executive Board from 1 April 2023 and 1 January 2024 respectively. Adam Gontarz has been Swissmem's Head of Industry Sectors & Technology since 2014. From 1 April 2023, he will be taking over the Digitalization & Innovation division and at the same time joining the Executive Board. Noé ...
Zurich (ots) - The situation in the Swiss mechanical and electrical engineering industries (MEM industries) is currently still good. Thanks to a strong first half of the year, sales rose by 9.6% in the first nine months of 2022 compared with the same period of 2021, while exports increased by 7.0% and order intake by 2.3%. However, the third quarter of 2022 saw a significant turnaround in order intake, which fell by 12.4% ...