SCHWEIZ

ABB Ltd: Tarak Mehta to leave ABB

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Mercoledì, Aprile 10, 2024

ABB announced today that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company.

Key Points: 
  • ABB announced today that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company.
  • Tarak will leave ABB at the end of July this year.
  • Tarak joined ABB in 1998 and has since then held a number of positions of increasing responsibility in the United States, Sweden and Switzerland.
  • I wish the ABB team a continued bright future,” said Tarak Mehta.

ALSO Holding AG: thirteenth consecutive dividend increase

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Mercoledì, Aprile 10, 2024

In the spirit of the circular economy, the company provides all services from provision to remanufacturing from a single source.

Key Points: 
  • In the spirit of the circular economy, the company provides all services from provision to remanufacturing from a single source.
  • With the guiding principle "execution - following the rules of art", the group is a pioneer in execution-oriented corporate development.
  • In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries.
  • The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.

ISS supports voting proposal of SoftwareOne’s Board of Directors

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Mercoledì, Aprile 10, 2024

ISS supports the proposal of the Company’s Board of Directors.

Key Points: 
  • ISS supports the proposal of the Company’s Board of Directors.
  • ISS, a global provider of independent and objective shareholder meeting research and recommendations, recommends voting FOR all nine nominees proposed by the Board of Directors, including three non-independent nominees representing the 29% block shareholders group.
  • ISS recommends to vote AGAINST the full replacement of the Board of Directors as proposed by the 29%-block shareholders.
  • The Board of Directors thus sees its position confirmed, that a balanced board would be in the best interests of all stakeholders.

Julius Baer successfully places CHF 460 million domestic senior unsecured bonds

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Mercoledì, Aprile 10, 2024

Zurich, 19 March 2024 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed 7-year CHF 460 million domestic senior unsecured bonds with Swiss investors.

Key Points: 
  • Zurich, 19 March 2024 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed 7-year CHF 460 million domestic senior unsecured bonds with Swiss investors.
  • The securities carry a fixed-rate, annually payable coupon set at 2.375% per annum and have been issued in Swiss standard denominations of CHF 5,000 and multiples thereof.
  • The bonds are expected to be included in the domestic segment of the Swiss Bond Index (SBI).
  • This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.

S&P confirms Helvetia's 'A+' rating

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Mercoledì, Aprile 10, 2024

The rating agency S&P has confirmed Helvetia Group's financial strength rating of "A+" with a stable outlook.

Key Points: 
  • The rating agency S&P has confirmed Helvetia Group's financial strength rating of "A+" with a stable outlook.
  • Standard & Poor's Global Ratings (S&P) has affirmed Helvetia Group's "A+" rating with a stable outlook.
  • As part of the update, S&P now rates Helvetia's financial risk profile with the highest rating of "Excellent".
  • "By confirming the rating, S&P recognises Helvetia's strong balance sheet and solid earnings power", explains Annelis Lüscher Hämmerli, Group CFO of Helvetia.

Annual General Meeting of Intershop Holding AG approves all proposals of the Board of Directors

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Mercoledì, Aprile 10, 2024

71.35 percent of total shares respectively 92.11 percent of all shares registered in the share registrar with voting rights were represented at today's 61st Annual General Meeting of Intershop Holding AG.

Key Points: 
  • 71.35 percent of total shares respectively 92.11 percent of all shares registered in the share registrar with voting rights were represented at today's 61st Annual General Meeting of Intershop Holding AG.
  • All proposals tabled by the Board of Directors were approved.
  • During the subsequent meeting of the Board of Directors, Ernst Schaufelberger was appointed chairman of the Remuneration Committee.
  • Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties.

u-blox incorporates newest Nordic Semiconductor Bluetooth chips in two new compact modules

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Mercoledì, Aprile 10, 2024

The modules are based on the latest generation nRF54 Series Systems-on-Chip (SoCs) from Nordic Semiconductor.

Key Points: 
  • The modules are based on the latest generation nRF54 Series Systems-on-Chip (SoCs) from Nordic Semiconductor.
  • They both support Bluetooth LE 5.4 and Thread/Matter technologies in a compact, power-efficient, and secure format.
  • With more than twice the processing power of previous Bluetooth LE modules, ALMA-B1 can even replace general-purpose MCUs in a compact solution.
  • u-blox (SIX:UBXN) provides semiconductor chips, modules, and IoT services that reliably locate and connect every thing.

Avolta wins nine-year contract for 26 stores in Istanbul’s Sabiha Gökçen International Airport

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Mercoledì, Aprile 10, 2024

Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.

Key Points: 
  • Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.
  • Now, Avolta is set to enhance its portfolio with four exciting new stores, blending global and local flavors and designs to create a sense of place for every traveler.
  • Avolta will also open a proprietary bar to be fueled by Anadolu Efes, a popular Turkish beer producer and Europe’s fifth largest brewer.
  • It marks a significant milestone in the company’s partnership with Sabiha Gökçen International Airport, and reinforces Avolta’s commitment to the airport’s continued growth and evolution in the years ahead.

Swiss Life successfully places Senior Bonds totalling CHF 600 million

Retrieved on: 
Mercoledì, Aprile 10, 2024

Today, Swiss Life Holding Ltd successfully placed three tranches of senior bonds:

Key Points: 
  • Today, Swiss Life Holding Ltd successfully placed three tranches of senior bonds:
    The bonds were placed with investors in the Swiss franc market.
  • The net proceeds of the bonds will be used for general corporate purposes, including potential future debt refinancing.
  • All the above-referenced bonds have been placed, and this announcement constitutes neither an offer to sell nor a solicitation to buy bonds or other securities of Swiss Life Holding Ltd or its subsidiaries.
  • SUBJECT TO CERTAIN EXCEPTIONS, THE BONDS ARE BEING OFFERED AND SOLD ONLY OUTSIDE THE UNITED STATES IN ACCORDANCE WITH REGULATIONS UNDER THE SECURITIES ACT.

Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany

Retrieved on: 
Mercoledì, Aprile 10, 2024

Walter Seib, CEO Northern, Central and Eastern Europe, Avolta said: "This tender win marks a significant milestone, as we enter into a new long-term partnership with Flughafen Köln/Bonn GmbH. We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport. It is a great example of our Destination 2027’s strategy for growth in EMEA, with a focus on long-term partnerships in areas where we can leverage our existing presence. A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract. Our aim is to transform the experience of travelers passing through Cologne Bonn Airport over the next ten years, and make travelers happier.”
“The new partnership with Avolta is a milestone and will permanently change the face of the airport," says Thilo Schmid, Chairman of the Managing Board at Flughafen Köln/Bonn GmbH. "The versatile concepts for a total of 17 gastronomic areas are part of a completely new retail and gastronomy concept in the terminals, with an unmistakable regional connection to our destination. We are proud to have won the renowned company Autogrill under the umbrella of the globally active Avolta AG as a new partner of Flughafen Köln/Bonn GmbH as part of a Europe-wide tendering process, whose innovative plans reflect our idea of the future design of our airport in the best possible way.”
The 17 new F&B stores will open in Terminals 1 and 2 of Cologne Bonn Airport, establishing a retail footprint of approximately 3800 m². Travelers will discover a range of proprietary stores, including Brewgate, Le Crobag, and Two Tigers, as well as iconic franchise brands including Burger King, Espresso House and Simit Saray amongst others. Avolta’s offering will include quick service restaurants and grab & go solutions, supported by digital kiosks and Order & Pay systems via QR code, to make ordering more efficient for travelers with less time. Travelers looking for a quiet space to wind down or work between flights can enjoy table service restaurants like Terracotta or heritage restaurant Früh bis Spät, which serves local Kölsch beer.
-----About Cologne Bonn Airport
Cologne Bonn Airport is one of the most important commercial airports in Germany. In 2023, around 9.8 million passengers used the airport. Around 870,000 tonnes of air cargo were handled here. Every year, more than 120 destinations in Europe and beyond are served. 
The Airport lies at the heart of one of the biggest import and export regions in Europe. Cologne Bonn Airport is a major economic factor and one of the biggest places of employment in the region. Climate protection and sustainability are an important part of the corporate strategy. By 2045 at the latest, the airport intends to be completely carbon neutral. 

Key Points: 
  • Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany
    Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding its presence in Europe, by entering into a new partnership with Flughafen Köln/Bonn GmbH.
  • The contract win sees Avolta open 17 new food and beverage stores at Cologne Bonn Airport, located between the cities of Cologne and Bonn, Germany.
  • We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport.
  • A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract.