Swiss Business News and Press Releases
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airBaltic Initiates Chapter 11 Financial Reorganisation; Flights and Customer Services Continue as Normal
Riga. Air Baltic Corporation AS (hereinafter – airBaltic or the company), the national airline of Latvia and leading carrier in the Baltic States, today announces that airBaltic and certain of its subsidiaries have voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the “U.S. Court”).
Is the UK state pension unaffordable? | BBC Newscast
New figures suggest the state pension will rise by 3.9% to up to £13,000 a year. The increase is based on earning figures as dictated by the triple lock, the policy the government uses to guarantee pension growth.
R&S Group publishes Semi-annual Report 2026
Strong H1 2026 results, a record order backlog of CHF 357.9 million and solid profitability provide strong visibility into 2027 and 2028. With a stronger second half expected, the company confirms its 2026 and mid-term guidance.
Manuela Staub appointed Head of Corporate Communications
Geneva – Manuela Staub will assume the position of Head of Corporate Communications at Skyguide on 1 October 2026. An experienced communications and leadership professional, she brings more than 25 years of experience in communications, corporate affairs, and transformation. Most recently, she served as Chief People & Communications Officer and a member of the Executive Board of Flughafen Zürich AG (Zurich Airport Ltd.).
Valora upgrades k kiosk vending machines – new partnership with Boost bar
Together with Zurich-based vending provider Boostbar, Valora is modernising its k kiosk vending machines in Switzerland. The partnership simplifies machine operations, improves the user experience for customers and lays the foundation for the sustainable expansion of the vending machine fleet.
Swiss Post strengthens its financial basis and reduces internal costs
Swiss Post is securing the long-term financing of a strong public service without taxpayers’ money and continuing to reduce its material and personnel expenses. The planned cost reduction measures affect employees in management and support functions and could result in a maximum of 110 redundancies. Where necessary, Swiss Post will conduct a consultation process. Services for customers and employees in operations are not affected.
Swiss Re sees growing protection needs as risks become more complex and interconnected
Monte Carlo – The reinsurance market enters Rendez-Vous de Septembre and the upcoming renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape. In this environment, Swiss Re is supporting clients in identifying evolving exposures and risk accumulations through data and analytics, underwriting expertise and tailored solutions to manage this complex environment.
R&S Group announces changes in the Executive Committee
The Board of Directors of R&S Group Holding AG (SIX: RSGN) and Eduardo Terzi have mutually agreed that he will step down from his position as CEO with immediate effect. Dr. Matthias P. Weibel has been appointed CEO ad interim, in addition to his responsibilities as Group CFO.
AEVIS VICTORIA SA (AEVS.SW) – Swiss Medical Network significantly improves profitability in the first half of 2026
EBITDAR up 18.8% and EBITDA up 32.6%, with further earnings improvement expected from ongoing restructuring.
Delen Private Bank Opens New Office in Zurich
Delen Suisse, part of the Delen Private Bank Group, is opening a new office in Zurich. It is the bank’s second location in Switzerland, following the opening of its Geneva office in 1996. With this expansion, Delen Private Bank is strengthening its presence in one of Europe’s most important financial centres. Zurich represents a logical next step in the Group’s international growth strategy.
Geneva Airport generates 3.3 billion in added value and nearly 22000 jobs
A new study confirms Geneva Airport’s major role in the regional economy. In 2024, activities linked to the airport generated some 3.3 billion francs in added value and supported 21,930 full- time equivalent jobs. The study also highlights the crucial importance of air connectivity for businesses, tourism and ‘International Geneva’.
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