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More than one third of firms in Switzerland are founded by foreigners
2025-09-30
More than one in three new companies in Switzerland will have been founded by foreigners by 2025. According to an analysis by the Institute for Young Entrepreneurs (IFJ), 37.5% of the total 40,867 new entries in the commercial register between January and September were made by people without a Swiss passport. +Get the most important …
Nestlé appoints new Nespresso head
2025-09-26
Nestlé has appointed Alfonso Gonzalez Loeschen as CEO of Nespresso and member of the Executive Board. He will succeed Philipp Navratil, who was appointed as new group CEO following a scandal at the food giant. +Get the most important news from Switzerland in your inbox Loeschen, who is currently head of Nespresso North America and …
Swiss Senate backs foreign investment controls
2025-09-24
Switzerland’s Senate has backed plans to control foreign investment in Swiss companies. +Get the most important news from Switzerland in your inbox After the House of Representatives, the Senate adopted the government bill to this effect on Wednesday by 27 votes to 11, against the advice of its committee. The project aims to introduce a …
Swiss firm suspected of violating gold sanctions against Russia
2025-09-20
The State Secretariat for Economic Affairs (Seco) has launched an investigation into Open Mineral, a commodities trader based in Baar. The company is suspected of violating sanctions against Russia in relation to gold, Reuters reported on Friday. Open Mineral allegedly traded the precious metal from Russia, violating sanctions against Moscow after the start of the …
Roche buys US firm 89bio for up to $3.5 billion
2025-09-18
Swiss pharma giant Roche is acquiring the California-based liver and cardiovascular disorders specialist 89bio for an initial sum of $2.4 billion (CHF1.9 billion). The Basel-based pharmaceutical giant expects to make additional payments of up to $1.1 billion. +Get the most important news from Switzerland in your inbox In particular, the deal enables the Basel-based multinational …
Zurich airport trials autonomous buses for employees
2025-09-16
Zurich airport could become the first in Europe to use autonomous buses to transport employees around the runway. The system is currently being tested with a driver on board in case of problems. The pilot project has been underway since March, Zurich airport said on Tuesday. Since June, employees have been able to board an …
UN in Geneva calls for reform of tariffs on plastics
2025-07-31
The United Nations is calling for a reform of customs tariffs on plastics, which are lower than those imposed on alternatives. If it succeeds in Geneva in the next few weeks, an international treaty must address this issue, the UN said on Thursday. In a report published in Geneva, the UN Conference on Trade and …
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