CHF

Art Prize winner Anita Mucolli at LISTE 2022

Retrieved on: 
Friday, June 10, 2022

It has been enabling its customers to seize opportunities and minimise risks for all that time Helvetia is there for them when it matters.

Key Points: 
  • It has been enabling its customers to seize opportunities and minimise risks for all that time Helvetia is there for them when it matters.
  • The insurance group knows the business, from mobile phone insurance and insurance cover for the Gotthard Base Tunnel to the long-term investment of customer assets.
  • Helvetia develops and opens up new business models with enthusiasm and drives forward its own business in a powerful and future-oriented manner.
  • In the Europe segment comprising Germany, Italy, Austria and Spain, the company has firmly rooted market positions for generating above-average growth.

Santhera Reports 2021 Annual Results

Retrieved on: 
Friday, June 10, 2022

Based on the agreement with the French authorities, Santhera has supplied Raxone free of charge from August 2021 following its removal from the list of reimbursed drugs.

Key Points: 
  • Based on the agreement with the French authorities, Santhera has supplied Raxone free of charge from August 2021 following its removal from the list of reimbursed drugs.
  • In March 2021, Santhera announced promising clinical trial data from a Phase 1b trial of lonodelestat in cystic fibrosis (CF).
  • Additional details on the pipeline products and operational progress can be found in the Annual Report 2021.
  • CEO Dario Eklund, CFO Andrew Smith and CMO Dr. Shabir Hasham will discuss the 2021 financial results and comment on ongoing corporate developments.

Announcing Expanded Distribution in Latin America: Barry Callebaut Signs Long-Term Supply Agreement with Levapan

Retrieved on: 
Thursday, June 9, 2022

CHICAGO, June 9, 2022 /PRNewswire/ -- Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, announced today to expand further into Latin America via a new long-term agreement with the Colombian food ingredient supplier Levapan, which has wide distribution networks in Colombia, Ecuador, the Dominican Republic and other countries.

Key Points: 
  • Steve Woolley, President & CEO, Region Americas, Barry Callebaut, said, "This strategic supply agreement enables both companies to continue to drive strategic, long-term growth throughout Latin America.
  • The agreement will allow Levapan to increase capacity and service offerings including chocolate products from the global Barry Callebaut brands Mona Lisa, Callebaut and Sicao, to supply chocolate in Latin America.
  • Jess Carlos Valencia, Managing Director of Barry Callebaut Group for Northern Latin America, said, "This is just the beginning of our expansion in North Latin America and the Caribbean.
  • The Barry Callebaut Group is committed to make sustainable chocolate the norm by 2025 to help ensure future supplies of cocoa and improve farmer livelihoods.

Helvetia successfully issues two senior bond tranches totalling CHF 400 million

Retrieved on: 
Wednesday, June 8, 2022

It has been enabling its customers to seize opportunities and minimise risks for all that time Helvetia is there for them when it matters.

Key Points: 
  • It has been enabling its customers to seize opportunities and minimise risks for all that time Helvetia is there for them when it matters.
  • Helvetia develops and opens up new business models with enthusiasm and drives forward its own business in a powerful and future-oriented manner.
  • With a business volume of CHF 11.22 billion, Helvetia generated IFRS net income after tax of CHF 519.8 million in the 2021 financial year.
  • All forward-looking statements are based on information available to Helvetia Group on the date of its publication and Helvetia Group assumes no obligation to update such statements unless otherwise required by applicable law.

Julius Baer to expand into Qatar to drive the next phase of growth in the Middle East

Retrieved on: 
Tuesday, June 7, 2022

Julius Baer has announced its intention to set up an Advisory Office in Qatar, in an effort to expand its regional footprint in the Middle East.

Key Points: 
  • Julius Baer has announced its intention to set up an Advisory Office in Qatar, in an effort to expand its regional footprint in the Middle East.
  • Zurich/Dubai, 7 June 2022 Julius Baer has announced its plans to tap into the Qatar market by opening an Advisory Office in the Qatar Financial Centre, subject to regulatory approvals.
  • In his role at Julius Baer, he will report to Alireza Valizadeh, Chief Executive Officer, Julius Baer (Middle East) Ltd.
    Rgis Burger, Global Head Middle East & Africa at Julius Baer, comments: We have grown our Middle East business by leaps and bounds in the past decades and this move will support our next phase of growth and development in the region.
  • Alireza Valizadeh, Chief Executive Officer, Julius Baer (Middle East) Ltd. adds: Julius Baer is an established name in the Middle East with a strong position in the region.

Holcim and Norman Foster Foundation rethink emergency shelters

Retrieved on: 
Tuesday, June 7, 2022

Holcim and the Norman Foster Foundation are partnering to rethink emergency shelters to turn them into sustainable and resilient homes.

Key Points: 
  • Holcim and the Norman Foster Foundation are partnering to rethink emergency shelters to turn them into sustainable and resilient homes.
  • We are excited to collaborate with the Norman Foster Foundation to put our solutions as well as our expertise in affordable housing to work to achieve this goal.
  • Lord Norman Foster, President, Norman Foster Foundation: The Norman Foster Foundation is delighted to be working with Holcim in paving the way towards sustainable and reusable emergency housing.
  • The Foundation holds the Norman Foster Archive and Library, which provide a window into the larger narrative and history of our built environment through the work of Norman Foster.

Valora opens new avec hybrid store at Zurich Altstetten station

Retrieved on: 
Tuesday, June 7, 2022

Staffed during the day and autonomous at night, Valora already operates five avec hybrid stores in Switzerland.

Key Points: 
  • Staffed during the day and autonomous at night, Valora already operates five avec hybrid stores in Switzerland.
  • Now the foodvenience provider is rolling out its successful 24/7 concept coordinated with the train timetable at its new avec outlet in the SBB station in Zurich Altstetten and so extending the availability of its offering.
  • Customers can then use the avec 24/7 app, which works as a kind of personal key to the store.
  • In addition to the now six avec stores in Switzerland, the hybrid solution is also used at a ServiceStore DB in Dsseldorfs main station.

Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated Bonds

Retrieved on: 
Tuesday, June 7, 2022

Zurich, 1 June 2022 Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 400 million transaction with private banks and institutional investors in Asia and Europe.

Key Points: 
  • Zurich, 1 June 2022 Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 400 million transaction with private banks and institutional investors in Asia and Europe.
  • The transaction will help to optimise Julius Baer Groups capital structure and add flexibility.
  • This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.
  • Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients.

Implenia builds new connecting tunnel for Stockholm metro

Retrieved on: 
Tuesday, June 7, 2022

Implenia wins contract for connecting tunnel to metro depot in Stockholm | large, complex and sustainable infrastructure project | expertise in tunnelling and concrete works | total contract volume of around CHF 98 million

Key Points: 
  • Implenia wins contract for connecting tunnel to metro depot in Stockholm | large, complex and sustainable infrastructure project | expertise in tunnelling and concrete works | total contract volume of around CHF 98 million
    Glattpark (Opfikon), 3 June 2022 Region Stockholm, Frvaltning fr utbyggd tunnelbana the state-owned company responsible for Stockholms subway infrastructure, awarded Implenia the contract to build the connecting tunnel to the expanded metro depot in Stockholm, Hgdalen.
  • The rock tunnel consists of approximately 2000 m of track tunnel and a 500 m long underground parking area for trains.
  • Implenia will also equip the tunnel with the required installations for electrical and telecommunication systems, control systems, ventilation and fire sprinklers.
  • Visualization of the BIM model of the connecting tunnel for Stockholm metro (image: Implenia).

Julius Baer Group sells Fransad Gestion SA in a management buyout

Retrieved on: 
Tuesday, June 7, 2022

Julius Baer has decided to sell Geneva-based Fransad Gestion SA (Fransad) to the management team of the independent wealth manager, who seized this opportunity to pursue its own growth strategy.

Key Points: 
  • Julius Baer has decided to sell Geneva-based Fransad Gestion SA (Fransad) to the management team of the independent wealth manager, who seized this opportunity to pursue its own growth strategy.
  • Julius Baer, the leading Swiss wealth management group, and Fransad, a major Swiss independent wealth manager, will continue to work closely together.
  • Zurich / Geneva, 2 June 2022 Julius Baer Group and Fransad jointly announce the sale of Fransad by Julius Baer to the management of the independent wealth manager and an industrial partner.
  • While, as a result of the transaction, Fransad will no longer belong to the Julius Baer Group, both parties will maintain a partnership going beyond traditional custodian services.