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Innovative Slope Stabilization: Bauer Schweiz carries out Foundation Work for a Research and Laboratory Building in Zurich

 

The Swiss Federal Institute of Technology Zurich, ETH Zürich for short, is building a new research and laboratory complex. The seven-floor building with around 21,000 m² of floor space is planned to be operational in three years. Aside from office workplaces and seminar rooms, it will also include laboratories and catering options. Construction began in 2015 and the foundation work, with which Bauer Spezialtiefbau Schweiz AG was commissioned, took place from December 2016 to March 2017. "A unique concept for stabilizing the 110-meter-long north-eastern slope had to be developed for this", reported Bauer project manager Niklas Haag.

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Herrenknecht TBM constructs large Road Tunnel in Switzerland

 

The shell of the Belchen rehabilitation tunnel has been completed. Tunnelling ended successfully in Eptingen in the Swiss canton of Basel-Country on June 21, 2017, three months ahead of schedule.

The tunnel boring machine (TBM) (diameter 13.91 m) designed and manufactured specifically for this purpose at the Herrenknecht plant in Schwanau, Germany, excavated 3.2 km of tunnel through complex geology in only 16 months. The new structure is the prerequisite for rapid and economic rehabilitation of the two existing parallel road tunnel tubes.

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Sika AG appoints new CEO

Sika has appointed Paul Schuler, currently Regional Manager Europe Middle East Africa (EMEA), as Chief Executive Officer as of July 1, 2017. He succeeds Jan Jenisch who has accepted to become the new CEO at LafargeHolcim.

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New CEO of the Datwyler Group

As was announced in spring 2016, Dirk Lambrecht took over management of the Datwyler Group as CEO on 1 January 2017. Paul Hälg, who held the position from 2004, stepped down at the end of 2016 and will be recommended for election to the post of Chairman at the Annual General Meeting in March 2017. He will succeed Ulrich Graf, who will be stepping down from his post for age-related reasons after 12 years at the 2017 Annual General Meeting.

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Glencore: 2016 Half-Year Report - further Losses

"Delivering on our debt reduction plan, underpinned by industry-leading cost performance and robust operating cash flows"

Glencore's Chief Executive Officer, Ivan Glasenberg, commented: "Since we announced our measures to reduce debt levels last September, we have made considerable progress towards achieving our goals.

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Sika AG: dynamic Growth

  • Sales growth of 7.6% (6.9% in CHF) to CHF 2,806 million
  • Growth in all regions
  • Net profit up 24.8%
  • 2 new national subsidiaries; 6 new factories
  • Confirmation of annual targets: 6-8% sales growth and disproportionately high growth in profitability
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Dätwyler: Premier Farnell Publication of Scheme Document

On 14th June 2016 Datwyler Technical Components UK Limited, a wholly owned subsidiary of Dätwyler Holding AG, announced the proposed terms of a recommended cash offer for Premier Farnell plc to be effected by way of a scheme of arrangement (the “Scheme”) under Part 26 of the U.K. Companies Act 2006. The board of Premier Farnell has today published a Court-sanctioned scheme circular in relation to the Offer.

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Everything ready for the Opening of the Gotthard Base Tunnel

With the gathering this morning of the one thousand randomly selected representatives of the public for the first trips through the Gotthard Base Tunnel (GBT), the opening festivities for the world's longest railway tunnel have begun. For the festival involving half a dozen heads of state and government, everything is ready. More than 2,000 individuals from the army, police, federal government, Swiss Federal Railways, AlpTransit Gotthard (ATG) and private companies are in action. In addition, 300 media professionals have been accredited from around 20 nations, including the USA, Canada, China, Japan, Kuwait and Chile as well as Switzerland's neighbouring countries.

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2015 Annual Report of Glencore plc

Glencore has today:

  • published its Annual Report for the year ended 31 December 2015 on its website www.glencore.com as required by DTR 6.3.5 R (3); and
  • submitted a copy of the Annual Report to the UK National Storage Mechanism in accordance with LR 9.6.1 R.
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Datwyler with further consolidated Foundations for future Growth

The Datwyler Group had to contend with significant negative currency effects in 2015 following conversion of revenue and profit into Swiss francs. Net revenue amounted to CHF 1’165.2 million, which equates to organic growth of 1.8% (adjusted for currency effects). In spite of the challenging climate, the EBIT margin of 10.8% was almost as high as the previous year. The operating result (EBIT) was down slightly at CHF 126.1 million. At the previous year’s exchange rates this represents a slight increase. The net result decreased to CHF 82.2 million. Given the solid profitability and the promising prospects for the future, an unchanged cash dividend of CHF 2.20 per bearer share will be proposed to the General Meeting of Shareholders. Thanks to the new shared infrastructure platform in the Technical Components division and the strong market positions of the Sealing Solutions division, Datwyler is feeling confident about 2016.

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