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The Cornèr Group consolidates its growth
Lugano (ots) - Faced with an uncertain economic environment, driven by a restrictive monetary policy and declining interest rates, the Cornèr Group maintained a stable growth trajectory thanks to its prudent philosophy and solid equity position, with capital resources rising to CHF 1,223 million (+5.9 %). The 73rd financial year closed with a balance sheet ...
Ein DokumentmehrCompass acquires a majority share in BNPL technology provider HeidiPay
Milano (ots) - Compass has strengthened its franchise in Buy Now Pay Later (BNPL) operations by consolidating its partnership with HeidiPay AG, in which it has acquired a majority interest. The Mediobanca Group's consumer credit arm had already acquired a 19.5% stake in the holding company specialized in the development of digital platforms to support BNPL operations ...
mehrNow also on mobile phones: Cornèr Group launches enhanced version of the B2B payment solution Visa Commercial Pay
Lugano/Zurich (ots) - Cornèr Group, Europe's first banking group, has launched Visa Commercial Pay (VCP) for mobile devices. This innovative solution allows companies to use virtual cards not only online, but also on smartphones and smartwatches. The ...
Ein DokumentmehrAnother franc appreciation shock - SNB and politicians called on to act
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 ...
mehrBerlinger Group adopts new strategic alignment
Ganterschwil, SG / Beverly, MA, USA (ots) - +++ Cold chain monitoring systems business to be acquired by US-based Sensitech Inc. +++ Anti-doping product business to remain in family ownership +++ The Berlinger Group, which is internationally renowned for both its anti-doping products and its high-tech cold chain monitoring systems, is adopting a new strategic alignment. Berlinger & Co. AG, the group's cold chain ...
mehrSIFEM reaches milestone: active investment commitments surpasses USD 1 billion
Bern (ots) - For the first time in its history, SIFEM's active investment commitments surpassed USD 1 billion at the end of 2023. In 2023, SIFEM added a total of USD 143.8 million to 10 new investments and closed the year with a positive operating result of CHF 13.1 million. Thanks to growing commitments, SIFEM is effectively pursuing the development goals set by the ...
mehrCredit Exchange AG attracts new minority shareholder and mortgage lender Thurgauer Kantonalbank
mehrQuantum leap for personal financial planning: Caveo launches an app for all finances that offers simple, optimised control over pensions, insurance and taxes - with a reminder function
mehrSolid growth for Cornèr Group
Lugano (ots) - Faced with an uncertain geopolitical and economic situation, Cornèr Group's prudent policy and long-held pragmatic approach have once again proven to be winning qualities. Cornèr Group's 72nd financial year closed with revenues reaching CHF 506 million (+16 %) and a net profit of CHF 74.9 million (+41 %). This result allows the Group to further strengthen its capital solidity with its capital ...
2 DokumentemehrGovernment-owned SIFEM reports on its economic, social, and environmental impact achievements in developing countries/ SIFEM'S 2023 IMPACT REPORT
Geneva (ots) - In 2022, the Swiss Investment Fund for Emerging Markets (SIFEM) created important economic, social, and environmental impacts in developing countries. Over 600 companies in SIFEM's investment portfolio supported more than 483,000 jobs, increased their financing for microentrepreneurs by 7% and for ...
mehrBallenberg - Freilichtmuseum der Schweiz
Swiss Open-Air Museum posts a positive result
mehrClose to USD 100m of new investment commitments by SIFEM in 2022
Bern (ots) - In 2022, the Swiss Investment Fund for Emerging Markets (SIFEM) committed a total of USD 95 million to seven new investments and concluded the year with a negative operating result of minus CHF 13.1 million. The seven new investments will contribute directly to the achievements of SIFEM's development goals, especially in terms of job creation, climate ...
mehrCredaris to acquire Crédits Conseils and expand its position as the leading Swiss credit broker
mehrSERV Schweizerische Exportrisikoversicherung
Swiss Export Risk Insurance SERV creates and preserves jobs in Switzerland
Zurich (ots) - Swiss Export Risk Insurance SERV conducted a study on the export and employment effects it generates with Offenburg University's Institute for Trade and Innovation (IfTI). The analysis shows that SERV compensates for exporting and financing risks on a large scale, thus creating and preserving up to 21,000 jobs in Switzerland. SERV also makes additional ...
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Swiss gold trader launches Crypto Vreneli / New Vreneli coin defines a new class of investment by fusing physical and digital value
mehr Good Results for the Cornèr Group
Lugano (ots) - Following a highly turbulent year, which saw the outbreak of the war in Ukraine and abrupt interest rate rises by the main central banks around the world, the Cornèr Group has now posted good results in its 71st Annual Report. Revenues increased to CHF 436 million, whilst the net profit rose to CHF 53.2 million, representing a strong increase compared to the previous year (CHF 22.7 million). ...
2 DokumentemehrInnovation Park Zurich / Development company IPZ Property Ltd's shareholder base receives boost / The Angst+Pfister Group is acquiring substantial share
Zurich (ots) - Following the successful completion of the political process, the Innovation Park Zurich is registering another import step in its development - the Angst+Pfister Group, which operates internationally, is coming on board as a major investor in the generation project. This process is now well under way ...
mehrCornèr Group launches Visa Commercial Pay as first banking group in Europe
Lugano/Zurich (ots) - Starting from Switzerland, Cornèr Group introduces Visa Commercial Pay (VCP), supporting companies to quickly digitize B2B payments. The increasing pace of digitalisation in business processes creates new demands for payment capabilities of companies. A comprehensivesolution by ...
Ein DokumentmehrSwissmem media release: MEM industries: gratifying order situation - substantial risks
Zürich (ots) - The Swiss mechanical and electrical engineering industries (MEM industries) continued to grow in the first half of 2022. New orders rose by 10.1% year-on-year, sales by 12.1%, and exports by 9.0%. This is only part of the picture, though. Supply chain problems and soaring energy and commodity prices have pushed up production costs significantly in some ...
mehrLKQ Corporation Announces Results for Second Quarter 2022
mehrAkman Finance ensures succession via sale to Credaris
mehrCredaris and Milenia join forces
mehrSIC and euroSIC: Secure Swiss Finance Network (SSFN) protects more critical infrastructures
mehrSeries A financing round lays foundation for international growth of digital cancer therapeutics Mika
Berlin/Lausanne/Barcelona/Munich (ots) - New investors with a successful track record in digital oncology support German Digital Therapeutics (DTx) company Fosanis to broaden patient access of Mika - an app-based DTx platform empowering people affected by cancer. Berlin-based digital health company Fosanis, the ...
mehrPositive operating result for SIFEM in 2021 - and new investment cooperation with SDC
Bern (ots) - In 2021, the Swiss Investment Fund for Emerging Markets (SIFEM) committed a total of USD 84 million to seven new investments and concluded the year with a positive operating result of CHF 40.3 million. Also, 2021 marked the beginning of a new type of cooperation between SIFEM and the Swiss Agency for Development and Cooperation (SDC). The two partners have ...
mehr4ARTechnologies launches its unique NFT+ marketplace for physical and digital artworks with next generation features
mehrDEBIOPHARM IINVESTS IN VERISIM LIFE’S $15M SERIES A ROUND TO ADVANCE AI-ENABLED DRUG RESEARCH
Lausanne, Switzerland - San Francisco (ots) - Funding to support BIOiSIMTM computational platform to reduce the need for animal testing by selecting compounds showing promise to cure a disease prior to research in humans Debiopharm (www.debiopharm.com), a Swiss biopharmaceutical company, announced today their co-investment in California-based start-up VeriSIM Life’s ...
mehrVeriSIM Life Secures $15 Million Series A Funding
San Francisco, CA (ots) - Financing led by Morpheus Ventures supports further revenue growth for the company’s next-generation AI platform, redefining the preclinical translational drug development landscape by accurately predicting and accelerating clinical outcomes VeriSIM Life (VeriSIM) www.verisimlife.com, the leading artificial intelligence (AI)-enabled, unique R&D decisions de-risker for breakthrough drug ...
mehrFirst SIFEM investment in Nepal - and first cooperation between SIFEM and SDC
Bern (ots) - The Swiss Investment Fund for Emerging Markets (SIFEM) made its first investment in Nepal, a focus country of Switzerland's development cooperation.SIFEM supports NMB Bank Limited with a loan of USD 12 million that will be used for lending to local businesses.This investment will give micro, small and medium enterprises (MSMEs) access to finance and will ...
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