immo!nvest – Die Plattform für Standorte und Immobilien

Category: Company

  • Two Swiss property giants about to merge

    Two Swiss property giants about to merge

    Cham Group and Ina Invest, a property company listed on the SIX Swiss Exchange, have signed a letter of intent for a merger. This is to be completed as a “merger of equals” by 2025. The merger would create a new, strong force in the property sector that would be one of the industry leaders.

    A first-class portfolio in key locations
    The combined portfolio of the two companies comprises high-quality properties and development projects in Switzerland’s strongest economic regions, including Basel, Cham, Geneva, Lausanne, Winterthur and Zurich. Particularly impressive: the residential share will be over 50% after completion, which emphasises the focus on sustainable and future-oriented living in urban conurbations.

    Sustainability and synergies as success factors
    Both companies attach great importance to sustainability and plan to consistently implement these standards in the development and management of the properties. The merger not only brings a larger portfolio, but also clear advantages: economies of scale, greater flexibility in project realisation and improved financing options.

    The talks are currently still at an early stage. If the negotiations are successful, a vote on the merger will be held at the general meetings of the two companies in spring 2025. A merger would realign the forces in the Swiss property market and create opportunities for a sustainable future.

  • Solar fuels the future of energy

    Solar fuels the future of energy

    The company is taking a significant step towards sustainable mobility. Since August 2024, the company has provided its employees with a fully electrified fleet. This fleet, which was set up in collaboration with Urban Connect, will be expanded to 46 electric cars and 23 e-bikes and e-scooters by 2026. Wincasa is thus establishing itself in the field of shared company mobility and sending out a clear signal in favour of environmentally friendly action.

    Digital booking and flexible use
    The ease of use of the new mobility concept is particularly noteworthy. The vehicles can be booked conveniently and flexibly via an app – for both business and private journeys. Wincasa thus offers its employees not only a sustainable, but also a flexible mobility solution that can be used beyond normal working hours.

    CO₂ reduction and full transparency
    Wincasa is pursuing clear sustainability goals by switching to an electric fleet. Philipp Schoch, Head of Management at Wincasa, emphasises: “By working with Urban Connect, we can achieve our goals in the area of employee mobility, reduce fleet emissions at the same time and always have full transparency about our electrified fleet.” The solution impresses with its simplicity and the positive experiences that have already been gathered during the pilot phase.

    Partnership with Urban Connect
    Urban Connect, the leading provider of operational mobility solutions in Switzerland, is the key partner in this project. “We are delighted to be able to further electrify, digitalise and optimise the mobility landscape in Switzerland through this collaboration with Wincasa,” says Judith Häberli, co-founder of Urban Connect.

  • Successful return of ineltec with a focus on innovation

    Successful return of ineltec with a focus on innovation

    A new start that convinces
    The return of ineltec was a complete success. The trade fair, which took place on 11 and 12 September 2024 at Messe Zürich, attracted a large number of visitors and impressed both exhibitors and trade visitors. With a clear focus on efficiency and innovation, the trade fair presented its innovations on compact, focussed stands that encouraged direct interaction between visitors and suppliers.

    Enormous visitor interest and exciting innovations
    ineltec attracted an impressive number of visitors: the halls were already packed on the opening day. Professionals from all over Switzerland crowded around the exhibitors’ latest developments and products. Exhibition Director Noëlle Marti was overwhelmed by the response: “The enormous interest and positive feedback from our visitors exceeded all expectations. It’s a wonderful feeling when our intensive preparatory work pays off in this way.”

    Breadth and depth of the range – the right thing for everyone
    With a clearly structured trade fair layout and a wide range of exhibitors, ineltec offered something for everyone: whether it was about smart building, the circular economy, electromobility or innovative technologies – trade visitors were able to search specifically for the topics relevant to them and find what they were looking for. The clear layout, which enabled visitors to move efficiently through the various exhibition stands, was particularly appreciated.

    Expert knowledge in the Speakers Corner
    A highlight of the trade fair was the extensive lecture programme in the Speakers Corner. Here, industry experts presented their latest developments and tools, including on the topics of artificial intelligence, electrical systems and electromobility. The moderated innovation pitches, organised by Electrosuisse, tested the presented technologies for their practical suitability – a valuable source of knowledge for all participants.

    Focus on young talent
    ineltec paid particular attention to promoting young talent. A total of 16 training classes visited the trade fair and were given guided tours to gain an insight into the latest developments in the industry and potential career opportunities. The promotion of young talent was supported by EIT.swiss, which presented the winners of a competition with high-quality measuring devices – a motivational boost for the next generation of the electrical industry.

    Networking and interaction at the highest level
    In addition to the professional highlights, the trade fair also offered space for entertainment and interaction. At the second marketplace, visitors were able to take part in virtual reality simulations, skill tests and interactive demonstrations – an ideal opportunity to exchange ideas with colleagues and experience new technologies up close.

    A strong network and supportive partners
    EIT.swiss, the professional organisation for the electrical industry, was a strong partner of the trade fair and made a significant contribution to its success. Director Simon Hämmerli was delighted: “ineltec has once again proven that it is the perfect place to promote dialogue and networking within the industry. The large number of visitors shows that interest in technological development is unbroken.”

    Ineltec 2024 was a complete success and impressively demonstrated that the industry is lively and forward-looking. With the successful restart, the electrical industry is already looking forward to the next edition, which will take place on 9 and 10 September 2026.

  • Philipp Good joins the Board of Directors of Helvetica

    Philipp Good joins the Board of Directors of Helvetica

    Philipp Good joins the existing board, whose members include Peter E. Bodmer (Chairman), Dr Hans Ueli Keller (Vice Chairman), Dr Franziska Blindow-Prettl, Theodor Härtsch and Herbert Kahlich. He joins the management body at a time when sustainability is playing an increasingly important role in the property sector. His election is seen as a strategically important step for the future positioning of the Helvetica property funds, which aim to secure stable returns for investors in the long term through sustainable investment solutions.

    Focus on sustainable investments
    With his many years of experience in dealing with pension funds and specialised sustainability investments, Good strengthens Helvetica Property Investors AG’s commitment to responsible investing. His ability to develop investment strategies that achieve positive social and environmental impacts in addition to returns is particularly relevant. “His experience in the area of sustainable investment solutions will help to ensure that the Helvetica property funds are equipped for the future,” emphasised Chairman of the Board of Directors Peter E. Bodmer.

    Setting the strategic course for the future
    Philipp Good is highly motivated to put his expertise at the service of Helvetica: “I am looking forward to developing innovative and responsible investment solutions together with the Board of Directors. My aim is to create solutions that combine economic success with positive social effects.” This strategic decision will ensure that Helvetica remains a leading player in the field of sustainable property investments in an increasingly challenging market environment.

    With the election of Philipp Good, Helvetica is sending a strong signal for its future-oriented focus in the area of sustainable property investments. This strengthening of the Board of Directors will enable the company to focus even better on the challenges and opportunities of the property industry and secure attractive long-term returns for its investors.

  • Roche opens new centre for pharmaceutical research

    Roche opens new centre for pharmaceutical research

    A significant milestone has been reached at Roche’s headquarters in Basel. The inauguration of the new Pharma Research and Early Development Centre (pRED). The centre, which offers 1,800 state-of-the-art workstations for laboratory and office work, brings together experts from various fields of research. The aim is to increase the efficiency of research and development through close collaboration. Federal Councillor Guy Parmelin also attended the opening ceremony, which emphasises the national importance of this project.

    With the new pRED Centre, Roche is pursuing a clear vision of pooling expertise from areas such as chemistry, biology and data science in order to drive forward pioneering innovations. Thomas Schinecker, CEO of the Roche Group, emphasised the central role of the centre in the company’s global innovation network. “This centre will not only improve the efficiency of our research, but also help us to achieve the greatest possible benefit for patients worldwide.”

    Investing billions in the future
    The investment in the pRED Centre is part of Roche’s long-term commitment to the Basel site. Since 2009, the company has invested 4.6 billion Swiss francs in the expansion of the site. With the new four buildings – including two high-rise laboratory buildings, an office complex and a congress centre – Roche is sending another strong signal for the future.

    And this is just the beginning: a further 1.2 billion Swiss francs are being invested in modernising and expanding the site, which will strengthen Basel’s role as a global centre for pharmaceutical research and development in the long term.

    With the opening of the new pRED Centre, Roche is not only investing in its own innovative strength, but also in strengthening Basel as a business location. This billion-euro investment is a clear signal that the pharmaceutical company intends to further expand its leading role in global research and development – a significant step both for the industry and for the region.

  • Zurich power generators jointly train grid electricians

    Zurich power generators jointly train grid electricians

    According to a press release, Zurich’s two electricity suppliers are launching a joint training and communication campaign. Together, they want to train more grid electricians. The focus is on lateral entrants, according to a joint press release from EKZ and ewz.

    Instead of poaching skilled workers from each other, the electricity suppliers have now developed a joint training concept that is specifically tailored to lateral entrants. The programme is aimed at professionals who have already completed training in electrical engineering or another trade. The two energy companies are organising an information evening on this topic on 13 November.

    The programme is being run jointly by the two companies. During the internal training period, employees already receive a full salary. They are employed by either EKZ or ewz and receive their practical training on the job, supplemented by courses at the ewz training centre in Zurich-Schwamendingen. After around a year of further training, graduates receive an internal training certificate.

    In order to reach candidates for the lateral entry programme, the electricity suppliers are launching the Komm ins Team Power campaign. It addresses the target group with short videos on various online channels and directs them to a special website. Advertising campaigns at sporting events, activation via employees of the two energy companies and cooperation with the netzelektriker-forum association are also planned.

  • Educational institution moves to new location in Rotkreuz

    Educational institution moves to new location in Rotkreuz

    XUND is opening a location on the Suurstoffi site in Rotkreuz. This is the Central Switzerland Health Education Centre’s response to the limited space available for its health training courses in Alpnach. According to a press release, the XUND site there can no longer fulfil the requirements in the long term due to the expected growth and changing training models. It will therefore be replaced by the new Suurstoffi 45 building. It is scheduled to be occupied in 2028. The Lucerne site will remain unaffected.

    According to its own announcement, Zug Estates AG will construct the new building from the end of 2024 and complete it by mid-2027. The real estate company has signed a 30-year lease agreement with XUND for over 6,000 square metres of space. Alain Baumgartner, Head of Portfolio Management at Zug Estates, is quoted as saying that the company has found an “ideal partner in XUND, which fits in very well with the existing tenants on the Suurstoffi site”.

    XUND President Josef Widmer is convinced that the Rotkreuz site will strengthen XUND’s regional roots in Central Switzerland and significantly improve accessibility for many students and trainees: “It will enable synergies with other educational partners such as Lucerne University of Applied Sciences and Arts on site and open up opportunities for collaboration with practitioners and researchers. Thanks to the modern location and the innovative environment on the Suurstoffi site, training in the healthcare sector is becoming more attractive and is helping Central Switzerland’s training companies to secure the next generation of talent.”

  • Julius Baer fully acquires subsidiary Kuoni Mueller

    Julius Baer fully acquires subsidiary Kuoni Mueller

    Julius Baer has renamed its subsidiary Kuoni Mueller & Partner Ltd. as Julius Baer Real Estate Ltd. with effect from 1 September, the Zurich-based banking group announced in a press release. To this end, Julius Baer has now also acquired the remaining shares in the Zurich-based real estate services company, 83 percent of which were acquired in October 2021. The financial details of the complete takeover are not disclosed in the press release.

    Julius Baer Real Estate Ltd. is to be managed by Thomas Hodel from February next year. The designated Managing Director has “many years of sound experience in the transaction sector and in management positions in the real estate brokerage business relevant to Julius Baer Real Estate Ltd.”, according to the press release. Dominik Weber, the current Managing Director and former majority shareholder of Kuoni Mueller & Partner, is moving to the Board of Directors of Julius Baer Real Estate Ltd.

  • Taxes above the national average

    Taxes above the national average

    The Tax Burden Monitor 2024 confirms once again that the canton of Zurich is a high-tax canton when it comes to corporate taxes. Only the canton of Bern taxes corporate profits more heavily. This makes Zurich less attractive for companies, especially in comparison to neighbouring cantons with lower taxes, such as Schwyz and Zug, which also benefit from their geographical proximity to Zurich.

    Attractive tax policy
    In contrast to corporate taxes, the canton of Zurich performs significantly better in terms of income and wealth taxes for private individuals. Medium incomes of between CHF 60,000 and CHF 200,000 are taxed moderately in a cantonal and municipal comparison. Zurich’s municipalities occupy top places in this category. Middle-income couples and families in particular benefit from the tax structure.

    Around a third of Zurich’s municipalities recently lowered their tax rates. Nevertheless, the canton lost one place in the national comparison and is now in 13th place. Property taxes remain stable and rank 10th in the national comparison – below the Swiss average.

    Zurich has lost tax attractiveness for companies since 2006
    Since 2006, the canton of Zurich has dropped twelve places in the ranking of corporate tax burdens. While other cantons have lowered taxes for legal entities, in some cases significantly, Zurich has remained relatively rigid. As a result, competitor locations Basel-Stadt and Geneva, which are traditionally attractive for international companies, now have significantly lower tax burdens. A direct comparison with the cantons of Schwyz and Zug is also particularly critical for Zurich, which, unlike Zurich, benefit greatly from their proximity to the business centre without having to bear its tax burden.

    Zurich remains internationally attractive
    The situation is different in an international comparison. Despite the high national tax burden, Zurich remains competitive in the global competition to attract companies. Countries such as the USA and many Western European states (with the exception of Ireland) impose a much higher tax burden on their companies. Switzerland has been able to maintain this competitiveness even in times of economic crisis, although many OECD countries have increased their tax pressure in recent years.

  • Emergency management in the property sector

    Emergency management in the property sector

    Property inspections, recording defects, handing over keys and accepting flats are part of the everyday life of property experts. But behind these routine tasks lurk dangers such as assaults – verbal or physical – which are unfortunately a reality. The increasing housing shortage and the existential fears of tenants or buyers are leading to more and more threatening situations.

    It is essential for property professionals to be prepared for such emergencies. How can help be called quickly and reliably in a critical situation? In cooperation with e-emergency, SVIT Young Zurich has developed the “SVIT Emergency App” to assist employees in dangerous situations. This app bundles all the necessary alerting and communication options and provides clear instructions for various emergency scenarios.

    Modern technology for maximum safety
    The “SVIT Emergency App” offers property professionals extensive functions that are tailored to everyday working life. Relevant emergency services, colleagues or superiors can be alerted at the touch of a button. The current status is communicated in real time so that a quick and targeted response to the situation is possible. The app provides specific steps to be taken in an emergency situation.

    Property professionals are exposed to particular risks when working alone, for example when inspecting flats, recording defects or handing over keys. The motives for assaults are varied. They range from existential fears and power games to criminal instincts. It is therefore crucial to establish an effective emergency management system that provides employees with security and at the same time enables a rapid response.

    The four phases of emergency management – prevention and response
    Robust emergency management is divided into four phases. Each phase helps to ensure that companies and employees are optimally prepared for unexpected emergencies and can act quickly.

    1.Proactive measures for greater safety
    Prevention means identifying risks at an early stage and minimising them through targeted measures. Training and clear behavioural guidelines for employees are essential in order to identify potential hazards during property inspections or similar activities. The aim is to avoid dangerous situations before they escalate.

    2.Preparing for emergencies
    Emergency preparedness includes organisational and technical preparations to ensure that employees are able to act in emergency situations. This includes the establishment of communication plans and the definition of crisis teams. In the property sector, this means that employees can use the “SVIT Emergency App” as a central tool to react quickly and efficiently in an emergency.

    3.Immediate measures to contain risks
    If an emergency occurs, the third phase – hazard defence – is crucial. This is where emergency plans are used, which are stored directly in the “SVIT Emergency App”. They contain all the information needed to alert the emergency services, evacuate the building and ensure internal communication. Thanks to real-time communication in the app, colleagues and superiors can be informed immediately about the location and the situation in order to provide support quickly.

    4. Restore normal operations
    After an emergency has been dealt with, it is important to resume regular business operations as quickly as possible. The recovery phase also includes supporting the affected employees, for example by providing psychological support, and analysing the incident in order to minimise future risks. The “SVIT Emergency App” also plays an important role here by providing valuable data for the follow-up and improvement of emergency management.

    A decisive factor in future-proofing companies
    In a networked and dynamic world, comprehensive emergency management is an essential part of business continuity management. The “SVIT Emergency App” is a modern and efficient solution that not only ensures the safety of employees, but also strengthens the resilience of companies in crisis situations. Whether for property viewings, flat inspections or defect inspections – the app ensures that the right measures can be taken quickly and purposefully in an emergency.

    The future of security in the property sector
    Security risks in the property sector are increasing, and it is crucial that companies are prepared. The “SVIT Emergency App” provides property professionals with an innovative tool that covers all phases of emergency management and significantly increases security. Through a systematic approach to prevention, preparedness, hazard defence and recovery, the app helps companies remain capable of acting in any situation and optimally protect their employees.

    Link to the website: https://www.svit.ch/de/svit-zuerich/mitgliederinformation-sicherheit-bedeutet-vorbereitet-zu-sein

  • IneltecSwiss electrical industry celebrates a powerful comeback

    IneltecSwiss electrical industry celebrates a powerful comeback

    After a seven-year hiatus, ineltec opens its doors on 11 and 12 September and offers the Swiss electrical industry a central meeting place. Halls 1 and 2 of Messe Zürich are expecting 162 exhibitors and an expert audience who will be able to find out about the latest developments and trends on 11,000 square metres of exhibition space.

    Noëlle Marti, the new director of the electrical trade fair, is delighted with the response: “All participants can look forward to full halls at Messe Zürich. We are overwhelmed by all the positive feedback and the rush for tickets.” Ineltec 2024 is more than just a trade fair – it offers a platform for knowledge transfer, networking and innovative technologies.

    Focus on innovation and knowledge transfer
    The realignment of ineltec aims to concentrate on the essentials. Innovation, knowledge transfer and the direct exchange between people and technologies. In contrast to previous years, oversized stand areas have been deliberately avoided in order to make the event more compact and focussed. The motto “Back to the roots, but with a modern twist” aptly describes the spirit of this year’s trade fair.

    Lectures, innovations and workshops will take centre stage from 9 a.m. to 5 p.m. on both days of the trade fair. The Speakers Corner will be the centre of professional exchange. After the trade fair closes, after-work events invite participants to network in a relaxed atmosphere and reflect on the day’s events.

    In-depth events for professionals
    The eleven events organised by industry associations and exhibitors offer detailed insights into current topics in the electrical industry. Whether new planning tools, electrical systems, artificial intelligence or electromobility – professionals can look forward to a wide range of innovations and trends that they can integrate directly into their day-to-day work.

    Special highlight
    At the Startup Pitch on Wednesday afternoon, innovative young companies will meet the professional audience. The Startup Academy Switzerland supports the companies through mentoring and promotes dialogue between creative minds and experienced industry experts.

    Promoting young talent at the centre of ineltec
    Young talent is also the focus of ineltec. Under the auspices of EIT.swiss, guided tours for young talent are organised, allowing students to interact with exhibitors in a fun way and gain insights into the latest technologies. This initiative enables young talents to make their first valuable connections for their professional future and lay the foundations for a career in the electrical industry.

    Ineltec offers valuable information and guidance not only to experienced professionals, but also to those just starting out in their careers. On the ineltec.ch website, all visitors will find specific information on 14 current topics in the electrical industry, new products, company profiles and events on offer.

  • District heating network in the canton of Aargau is growing

    District heating network in the canton of Aargau is growing

    Regionalwerke AG Baden(RWB) has acquired the shares of AEW Energie AG in Aarau in Fernwärme Siggenthal AG(FWS), according to an ad hoc announcement. In doing so, RWB intends to expand its commitment to sustainable energy supply in the region. AEW Energie specialises in solar power in the canton of Aargau. The sale price was not disclosed.

    RWB has reportedly been working successfully with FWS for many years. The acquisition of the 27.3 per cent stake in FWS is intended to deepen the partnership. FWS, which is based in Nussbaumen, is stable and financially independent and has developed very positively over the last few years since it was founded. It therefore describes RWB as an ideal partner.

    “The investment in Fernwärme Siggenthal AG fits in perfectly with RWB’s activities in the area of district heating,” Managing Director Michael Sarbach is quoted as saying. “Both companies attach great importance to the further expansion of district heating in the region.” Adrian Hitz, Chairman of the FWS Board of Directors, refers to the good cooperation with RWB to date: “Now that AEW has decided to sell its shares, we are relieved that we already know the future shareholder well, as we have already developed and realised a very good project together with the SIBANO connecting pipeline.” SIBANO is a 3.3 kilometre long district heating transport pipeline from the Turgi waste incineration plant to the Baden Nord heating centre.

  • New energy supplier for Uettligen

    New energy supplier for Uettligen

    CKW has taken over the Uettligen heating network with effect from 27 August 2024. According to a press release, the energy supplier from Central Switzerland, which is part of the Axpo Group, intends to expand its decarbonisation strategy. The plants of the heating network north of Bern will continue to be maintained on behalf of CKW by the previous operator and main shareholder a energie AG from Schüpfen BE. Due to an adjustment in a energie’s strategy and the pending further expansion of the heating network, a buyer for the heating network was reportedly being actively sought.

    The acquisition of the Uettligen heating network joins the existing CKW portfolio of district heating networks such as Schüpfheim LU and Meggen LU. According to the press release, CKW will focus on modernising the plants and expanding the district heating network.

    “CKW is looking forward to the collaboration and is proud to be able to continue and further develop the well-functioning Uettligen district heating network,” said Rafael Mesey, Head of New Energies at CKW. “With CKW AG, we will have a reliable and strong partner for our customers in the heating network in the future,” adds Christian Cappis, the outgoing Chairman of the Board of Directors of the Uettligen heating network.

  • Network meeting on the topic of sponge city and circular construction

    Network meeting on the topic of sponge city and circular construction

    The next TecLab network meeting on circular construction will focus on the concept of the sponge city. TecLab has invited a number of experts to speak at the event on October 28 from 6 p.m. at Jlcoweg 1 in Burgdorf. They will present the sponge city concept and answer questions about its implementation and the resolution of conflicting objectives.

    Michele Steiner from the Institute for Infrastructure and Environment and Moritz Gubler from the Institute of Geography at the University of Bern will kick things off. Pierre Papaux from Fribourg and Rudolf Holzer from Burgdorf will present examples of implementation in their municipalities. Anna-Gesa Meier from Holinger AG in Bern will explain how the concept works for companies and private landowners. Before the concluding discussion over an aperitif riche, a panel will discuss the path from concept to implementation.

    TecLab provides further details on the network meeting in the event announcement. There is also a link for registration.

    TecLab is the result of an initiative of the Bern University of Applied Sciences in collaboration with the Bern University of Applied Sciences, the Bern University of Teacher Education and other partners from the public and private sectors. It offers seminars and courses in mathematics, computer science, natural sciences and technology for school classes as well as events and further training for private individuals and companies on various topics. The focus is on the circular economy, energy and mobility.

  • Modern office design with innovative lighting installation

    Modern office design with innovative lighting installation

    Dietiker electrical company Jaisli-Xamax has completed the electrical installation in the new offices of household appliance supplier BSH in Geroldswil. According to a Facebook post, special attention was paid to the lighting installation in the BSH commercial building.

    An innovative office concept has been implemented there, according to the press release. This takes flexibility and efficiency to a new level. The newly designed office spaces are divided into different zones to create individual work areas and at the same time strengthen the sense of community within the team, the press release continues. The new office spaces enable employees to carry out their tasks in a flexible and pleasant environment that promotes both concentration and collaboration. The lighting installation plays a central role in this.

    The specialists from Jaisli-Xamax have been carrying out all of the electrical installations since October 2023. According to the company press release, the lighting now provides perfect illumination of the workstations.

    BSH stands for a portfolio of globally renowned household appliance brands as well as local brands. In the Swiss market, the Geroldswil-based company is represented by the household appliance brands Bosch, Siemens and Gaggenau, the ecosystem brand Home Connect and the service brands Foodfittery, Simply Yummy and WeWash.

    BSH was founded in 1967 as a joint venture between Robert Bosch GmbH in Stuttgart and Siemens AG in Munich and has been wholly owned by the Bosch Group since January 2015. BSH operates 37 factories worldwide and, according to its own figures, achieved a turnover of 14.8 billion euros in 2023.

  • New strategic partnership

    New strategic partnership

    The strategic partnership was established to significantly advance the production and distribution of the cement-free binder. This cooperation combines innovation, technical expertise, industry experience and market reach to make the product widely available on the Swiss construction market. This material, which is based on the reuse of demolition materials, has the potential to serve up to 10 % of the Swiss concrete market while significantly reducing the environmental impact of the construction industry.

    Partnership for a sustainable future
    Cement production accounts for around 5% of Switzerland’s annual greenhouse gas emissions, making the need for sustainable alternatives urgent. The partnership is an example of how circular and decarbonised technologies can be scaled up and introduced to the market. Christoph Duijts, CEO of KIBAG, emphasises that this collaboration is a clear sign of the common goal to promote sustainable practices in the construction industry.

    Holcim, a leading provider of sustainable construction solutions in Switzerland, sees this partnership as an important step towards realising its sustainability goals. Clemens Wögerbauer, Head Commercial and Sustainability at Holcim Switzerland, emphasises that the combination of circular economy and decarbonisation is the focus of the collaboration.

    Sustainable construction practices in response to environmental challenges
    The launch comes at a crucial time as the construction industry is increasingly looking for solutions to reduce its carbon footprint and improve resource efficiency. The product not only promotes the reuse of construction demolition waste, but also offers a decarbonised alternative to conventional cement. This contributes to the circular economy and significantly reduces the environmental impact of construction activities.

    “The combined expertise and resources of our partners allow us to effectively scale our technology and make sustainable construction practices more accessible across the Swiss market,” say Gnanli Landrou and Thibault Demoulin, co-founders of Oxara. “Together, we strive to achieve resource efficiency and support Switzerland’s net-zero targets.”

    This strategic partnership is a significant step towards a more sustainable future for the Swiss construction industry.

  • Reorganisation of solar cell production

    Reorganisation of solar cell production

    Meyer Burger is initiating comprehensive restructuring measures. The plan communicated in the spring to relocate the entire solar cell production to the USA in the medium term appears to be off the table. In an ad hoc release, the company announced that the construction of a solar cell production facility in Colorado Springs in the US state of Colorado has been cancelled. This has proved to be unfinanceable at present.

    It had been announced in July that it would be opened as soon as possible. Meyer Burger had secured a former semiconductor factory as a location and concluded a long-term lease agreement. Production machines that were intended for the expansion of the solar cell factory at the Thalheim site in Bitterfeld-Wolfen, Saxony, were to be redirected to Colorado Springs.

    Instead, the largest Swiss manufacturer of solar modules is now reportedly focussing on the operation of the plant in Goodyear in the US state of Arizona with a capacity of 1.4 gigawatts, which is currently being ramped up. However, its planned expansion by 0.7 gigawatts has been suspended for the time being, but remains an option.

    In contrast to previous plans, the existing cell production site in Thalheim will remain in full operation and will continue to form the backbone of Meyer Burger’s solar cell supply in the future. According to the press release, these solar cells are the most economical option for supplying module production in Goodyear under the current market conditions. Due to the poor operating result in 2023, Meyer Burger announced the closure of the plant in Freiberg, Saxony, which according to Meyer Burger is the largest operating solar module production facility in Europe with around 500 employees, in January 2024 and implemented it in mid-March.

    The Board of Directors assumes that, as a result of this reorganisation, the company’s financing requirements as well as the medium-term EBITDA level and the Group’s gearing ratio will be significantly lower than previously expected. The Board has instructed the Executive Board to draw up a comprehensive restructuring and cost-cutting programme.

    Board member Mark Kerekes has announced his resignation. The restructuring of the company requires a reorganisation of the Board of Directors.

  • Award for innovative security products in design

    Award for innovative security products in design

    Security specialist Securiton AG has received the prestigious Red Dot Design Award 2024 for two products, according to a press release. The Zollikofen-based company, which specialises in security solutions, presented the STC 701 control unit for the SecuriSafe Expert intruder alarm system and the APR 70x reader for the SecuriGate access control system. According to the press release, the jury was impressed by the coherent design reduced to the essentials and the intuitive operability with a high level of user-friendliness.

    Securiton is supported by the design specialists at creative matters, based at Technopark Winterthur. The collaboration between Securiton and Meyer-Hayoz Design Engineering goes back over two decades, according to the press release. creative matters emerged from Meyer-Hayoz. For health reasons, Wolfgang Meyer-Hayoz, founder, CEO and first tenant at Technopark Winterthur, handed over a number of current projects and the corresponding data material to two long-standing employees in 2023 after prior consultation with his customers. Julian Wilczek and Dominic Kernen have been working with creative matters GmbH since the beginning of 2023. According to the press release, they had already carried out design work for Securiton at Meyer-Hayoz Design Engineering in previous years.

    The Red Dot Design Award is probably the world’s most prestigious design award. The reach and recognition of the award have a demonstrably direct and lasting influence on the market success of the award-winning products.

  • Fresh capital for the decarbonisation of real estate

    Fresh capital for the decarbonisation of real estate

    The software service provider Optiml has secured fresh capital totalling USD 4 million in a pre-seed financing round. According to a press release published on LinkedIn, the company intends to continue supporting the property market with software as it takes steps towards decarbonisation in the sector. As a service provider (Software-as-a-Service/SaaS), Optiml wants to develop programmes that facilitate data management and provide tools for asset and portfolio decisions. In doing so, the company takes into account constantly changing regulations and market conditions, according to the press release. With software supported by artificial intelligence, property companies and owners can plan their refurbishment and renovation work in line with the market and incorporate decarbonisation targets for their properties.

    The refurbishment and decarbonisation software from the spin-off of the Swiss Federal Institute of Technologyin Zurich(ETH), which was founded in 2022, is based on years of research in the ETH Sustainability and Technology Group (SusTec). It uses science-based optimisation algorithms.

  • Strategic realignment at Implenia with new management team

    Strategic realignment at Implenia with new management team

    Implenia is facing a change of leadership. The internationally active construction and real estate company from Opfikon announced in a press release that current CEO André Wyss will retire from operational business at the end of March 2025. According to information from SBB, the outgoing Wyss will join the Board of Directors of Swiss Federal Railways in April 2025 and will take over the chairmanship from Monika Ribar in 2026. Implenia’s Board of Directors has appointed Jens Vollmar as Wyss’ successor. The current Head Division Buildings and Country President Switzerland has been with Implenia since 2013.

    “I am delighted that in Jens Vollmar we have been able to appoint an ideal internal successor as future CEO,” said Hans Ulrich Meister, Chairman of Implenia’s Board of Directors, in the press release. “The Board of Directors is convinced that with his strategic, business and construction expertise, his experience and his personality, he will lead the Group successfully into the future.” Implenia will decide on a successor for Wyss at the head of the Buildings division at a later date.

    The Civil Engineering Division will also be restaffed. Erwin Scherer will succeed Christian Späth, who is leaving the company, on September 1, 2024. Scherer has been responsible for tunnel construction and related infrastructure projects in the European markets at Implenia since 2019.

    In a further press release, Implenia announces its results for the first half of 2023. According to the statement, revenue increased year-on-year from CHF 1.72 billion to CHF 1.74 billion. At the same time, the operating result at EBIT level rose from CHF 49.9 million to CHF 50.5 million. For the year as a whole, Implenia expects EBIT of around CHF 130 million.

  • Advanced wood processing technology presented in Switzerland

    Advanced wood processing technology presented in Switzerland

    Federal Councillor Guy Parmelin visited Strüby ‘s expanded production center in Root on 15 August 2024. He and his delegation from the Federal Department of Economic Affairs, Education and Research and the Federal Office for Housing experienced a world premiere, according to a press release from the Seewen-based timber construction company.

    In the presence of visitors, the first solid wood elements were produced on the fully automated board stacking machine, which according to Strüby is the only one of its kind in the world. It was manufactured for Strüby by Weinig, a Baden-Württemberg company specializing in woodworking machines. Strüby intends to significantly increase the production of natural wood ceilings.

    The delegation was impressed by the four-hectare plant and Strüby’s product range, the press release continues. This ranges from project development, architecture, engineering, production and realization to customer service and building maintenance.

  • Rolex invests one billion francs in new giant factory in Bulle

    Rolex invests one billion francs in new giant factory in Bulle

    The world-famous luxury watch manufacturer Rolex is planning a massive expansion in western Switzerland. A gigantic production facility is to be built in Bulle, in the canton of Fribourg, by 2029. Covering an area of 104,000 square metres – the equivalent of almost 15 football pitches – Rolex plans to produce luxury watches from 2029 to meet the growing demand for its products. The new factory is expected to create 2,000 jobs and thus make a significant contribution to the regional economy.

    Land sale approved
    The General Council of Bulle has approved the sale of the construction site to the Rolex Group by a large majority. Rolex is investing a total of one billion francs in the project and paid 31.4 million francs for the 100,000 square metre site. The planning application has now been submitted and the first visualisations of the planned buildings have been published.

    Innovative construction concept and sustainability
    The new plant will consist of four production buildings connected by a central building. In addition to the administration, this central area will also house catering facilities as well as meeting and rest areas. A striking head-end building at the southern end of the site will house the main entrance.

    Rolex attaches particular importance to environmental friendliness and sustainable design. The factory is to achieve the highest standard of the British Breeam label – a first for an industrial building in Switzerland. The buildings will be arranged so that they are integrated into a park that serves as protection from emissions from the nearby motorway.

    Fifth Rolex production site
    With the new site in Bulle, Rolex is expanding its already highly integrated production chain. The luxury watch manufacturer already operates production sites in Geneva, Chêne-Bourg, Plan-les-Ouates and Biel. Most of the watch components, from movements and cases to dials and bracelets, are produced in-house at these sites.

    Temporary solution in Romont
    In order to expand production capacity before 2029, Rolex will temporarily set up a factory in Romont. Around 250 to 300 employees are to be employed there from the beginning of 2025, most of whom will be newly recruited and trained. These employees will move there once the factory in Bulle is completed.

    With the new factory in Bulle, Rolex is strengthening its position as one of the world’s leading luxury watch manufacturers and investing in the future of the Swiss production site.

  • New Board of Directors of SBB André Wyss

    New Board of Directors of SBB André Wyss

    André Wyss will join the Board of Directors of Swiss Federal Railways. The Federal Council approved Wyss’ election at its meeting on 21 August 2024. His new role will be officially confirmed at the SBB Annual General Meeting in April 2025. Wyss, a renowned Swiss business leader and CEO of construction and real estate services provider Implenia, is set to take over as Chairman of the Board of Directors from Monika Ribar in 2026.

    Wyss has an impressive career that has prepared him excellently for this task. After training as a chemical technician, he completed a degree in economics and continued his education at the renowned Harvard Business School. Before joining Implenia, he gained extensive international experience at Novartis, where he most recently headed up global production and central services with over 40,000 employees. His involvement on various boards of directors and as President of the Basel Statistical and Economic Society also underline his wide-ranging expertise. In addition to his business experience, Wyss was a major and commander in the Swiss army, which gave him a deep understanding of the political and economic environment in Switzerland.

    A well thought-out election process
    The members of the SBB Board of Directors are traditionally elected at the Annual General Meeting for a term of office of two years. As the sole shareholder, the Confederation exercises the right to vote at the General Meeting. Monika Ribar, who has served as Chair of the SBB Board of Directors for twelve years, will step down in 2026 due to the term limit. The current member of the Board of Directors, Véronique Gigon, will step down at the 2025 Annual General Meeting.

    To ensure a seamless succession at the top of SBB, a comprehensive search process was initiated by the federal government at an early stage. The SBB Board of Directors then decided at an extraordinary meeting in August 2024 to propose the election of André Wyss to the Federal Council. Wyss’ previous experience and his extensive network in the Swiss economy make him the ideal choice for this challenging task.

    A clear transition at Implenia and SBB
    Wyss will end his role as CEO of Implenia at the end of March 2025. He will then concentrate fully on his new role on the SBB Board of Directors. For one year, he will serve on the Board of Directors together with the current Chairwoman Monika Ribar and prepare intensively for taking over the chairmanship. This smooth transition will ensure continuous and stable leadership at SBB and safeguard the company’s strategic direction for the future.

    With the election of André Wyss, SBB is relying on a strong leader who is up to the challenges of the future and can successfully develop the company further.

  • Zug Estates places third green bond

    Zug Estates places third green bond

    Zug Estates Holding AG has taken another significant step in its sustainable finance strategy. Following the successful launch of green bonds in 2019 and the complete conversion of the bond portfolio to green bonds in 2022, the company has now placed another green bond for CHF 100 million. The issue, which will be paid out on 30 September 2024, has a coupon of 1.65% and a term of seven years. This increases the proportion of unsecured bonds in relation to all interest-bearing financing to around 45%.

    More flexibility for sustainable investments
    In the run-up to the issue, Zug Estates expanded its existing Green Bond Framework into a Green Finance Framework. This innovation enables the company to access other green financial instruments in addition to green bonds. Zug Estates is thus expanding its flexibility in financing sustainable projects and sending a strong signal in favour of the future of green investment.

    Under the new, strict selection criteria, buildings and sites are classified as green if they either emit less than 1 kg of CO2 equivalents per square metre of energy reference area or have prestigious sustainability certificates such as BREEAM, DGNB/SGNI, SNBS or Minergie. Despite these demanding requirements, 95% of Zug Estates’ entire portfolio can be categorised as green properties – proof of the company’s consistent strategy in the area of ecological sustainability.

    The Suurstoffi showcase for sustainable real estate
    A large proportion of Zug Estates’ green properties are located on the Suurstoffi site. This ultra-modern, almost CO2-free development site has also been allocated to the existing and newly launched green bond. As at 30 June 2024, the market value of the Suurstoffi properties earmarked for the green bonds is CHF 418.4 million. This site is an outstanding example of the implementation of Zug Estates’ sustainable development strategies and sets new standards in the field of sustainable construction and operation of real estate.

    Confirmation from international rating agencies
    Zug Estates has received high recognition for its green finance framework from ISS Corporate Solutions, one of the world’s leading ESG research and rating agencies. This Second Party Opinion (SPO) strengthens investor confidence in the company’s sustainability strategy. In addition, Zug Estates was awarded a “C” rating and “Prime” status by ISS (International Shareholder Services) on 23 August 2024. This underlines the high value Zug Estates places on environmental, social and governance-based sustainability.

    Successful placement of the green bond
    The placement of Zug Estates’ new green bond met with great interest from institutional investors. They particularly appreciate the fact that the funds are invested directly in properties that meet the highest sustainability requirements and are already operated almost entirely CO2-free. UBS AG and Basler Kantonalbank acted as joint lead managers for the issue. Admission to trading on the SIX Swiss Exchange has been applied for, which further increases the attractiveness of the green bond.

    Sustainability as a strategy for the future
    With the placement of its third green bond and the expansion of its green finance framework, Zug Estates is once again demonstrating its leading role in the field of sustainable property financing. The company shows how a consistent ecological focus can not only increase the value of the portfolio, but also make an important contribution to reducing CO2 emissions and promoting sustainable development. Zug Estates is thus setting a new standard for the entire property sector.

  • Zurich Investment Foundation plans capital increase

    Zurich Investment Foundation plans capital increase

    The Zurich Investment Foundation is planning to expand its ZAST Real Estate Residential Switzerland investment group. To this end, around CHF 300 million is to be raised from pension funds domiciled in Switzerland between 1 and 30 October. Existing investors have preferential rights, Zurich Invest Ltd. announced in a press release. The Zurich Insurance Group subsidiary will manage the investment foundation.

    Zurich Investment Foundation intends to use the new funds for the acquisition of 19 properties with a total residential share of 90 per cent. Around two thirds of the properties are located in Geneva and Lausanne, as well as properties in Zurich and Berne. In addition to its good location, the portfolio offers attractive rental potential, according to the press release. The issue price for units in the new portfolio will be the net asset value as at 31 October 2024 plus a 2.5 percent issue premium.

  • Neur.on AI gewinnt Swiss Fintech Award 2024

    Neur.on AI gewinnt Swiss Fintech Award 2024

    Fribourg-based AI start-up Neur.on AI, founded by Paula Reichenberg, emerged as the winner in the “Early-Stage Start-up of the Year” category at the Swiss Fintech Awards 2024. Neur.on AI has developed a specialized, AI-based translation solution that focuses on financial documents. This solution offers a more cost-effective and accurate alternative to existing translation services, addressing a market worth 10 billion dollars in the financial and legal sectors. In recognition of her innovation, Paula Reichenberg received prize money of 36,000 Swiss francs.

    In addition to Neur.on AI, Climada Technologies was also in the running for the award. Climada offers financial service providers transparent and regulatory-compliant reporting on climate risks.

    GenTwo wins in the Growth Stage category
    The Zurich-based company GenTwo came out on top in the “Growth Stage Start-up of the Year” category. GenTwo uses innovative securitization and tokenization technologies to enable the assetization of previously inaccessible assets. The company has already created financial products worth 5 billion dollars for over 300 customers in 26 countries. Payrexx, which was also a finalist, offers access to more than 200 payment options via its platform and now counts 60,000 merchants among its customers.

    Johannes “Johs” Höhener honored as Fintech Influencer of the Year
    Johannes “Johs” Höhener was honored as “Fintech Influencer of the Year” for his many years of commitment to the Swiss fintech industry. Höhener has made a significant contribution to the development of the fintech sector in Switzerland, particularly through his work at Swisscom and his involvement in e-commerce at the cantonal banks. His mandates on various boards of directors, including Swiss Stablecoin and daura, have had a lasting impact on the Swiss fintech community.

    The Swiss Fintech Awards, which were launched in 2016, have established themselves as the most important award in the Swiss fintech sector. This year, the outstanding start-ups and personalities were honored at the ninth Swiss Fintech Awards Night in Zurich. A jury of 20 decision-makers selected the winners from over 100 applications.

  • Growth in the construction industry in Southeast Asia

    Growth in the construction industry in Southeast Asia

    Sika has more than doubled its production capacity in Bekasi, the globally active specialty chemicals group for construction and industry announced in a press release. Sika’s largest production facility in Indonesia produces mortar products such as tile adhesives and grouting mortar as well as system solutions for walls and facades. The plant, which functions as a distribution center for Indonesia, has also been equipped with more storage capacity.

    According to Sika’s estimates, the construction industry in Indonesia will achieve annual growth of around 6 percent over the next few years. In the last two years, the company has expanded its distribution network in the country from around 10,000 to around 30,000 sales outlets. As this has proven successful, Sika is planning to expand its distribution networks in other important markets such as China and India.

    “The significant expansion of our supply chain in Indonesia will enable us to better meet the strong demand in one of the most dynamic markets in Southeast Asia,” said Philippe Jost, Regional Head Asia/Pacific at Sika, in the press release. “In addition, Sika is positioning itself for further growth in this important market, which is driven by rapid urbanization and strong population growth.”

  • Major order for company in the Middle East

    Major order for company in the Middle East

    Schindler has landed a major order from Riyadh. Schindler Olayan, a subsidiary in which the Schindler Group holds a majority stake, is to supply a total of 293 elevators, escalators and moving walks for The Avenues – Riyadh, Schindler announced in a press release. No details are given about the order volume.

    The Avenues – Riyadh is a multi-purpose project with a total area of 1.8 million square meters. It comprises a shopping center of around 380,000 square meters as well as five multi-purpose high-rise buildings with hotels, apartments and offices. Schindler is contributing 134 Schindler 5500 elevators, one Schindler 2600 elevator, eight Schindler 9500 moving walks and 150 Schindler 9300 escalators to the project. All installations are connected to the cloud and can be monitored via the Schindler ActionBoard.

    “The Avenues – Riyadh is an impressive project that will offer Riyadh residents and visitors a better quality of life,” said Danilo Calabrò, Head of Southern Europe, Middle East and Africa at Schindler Group Management, in the press release. “Thanks to our installations, visitors will be able to move quickly and comfortably through the complex.”

  • New Board of Directors of SBB André Wyss

    New Board of Directors of SBB André Wyss

    André Wyss will join the Board of Directors of Swiss Federal Railways. The Federal Council approved Wyss’ election at its meeting on August 21, 2024. His new role will be officially confirmed at the SBB Annual General Meeting in April 2025. Wyss, a renowned Swiss business leader and CEO of construction and real estate services provider Implenia, is set to take over as Chairman of the Board of Directors from Monika Ribar in 2026.

    Wyss has an impressive career that has prepared him excellently for this task. After training as a chemical technician, he completed a degree in economics and continued his education at the renowned Harvard Business School. Before joining Implenia, he gained extensive international experience at Novartis, where he most recently headed up global production and central services with over 40,000 employees. His involvement on various boards of directors and as President of the Basel Statistical and Economic Society also underline his wide-ranging expertise. In addition to his business experience, Wyss was a major and commander in the Swiss army, which gave him a deep understanding of the political and economic environment in Switzerland.

    A well thought-out election procedure
    The members of the SBB Board of Directors are traditionally elected at the Annual General Meeting for a term of office of two years. As the sole shareholder, the Confederation exercises the right to vote at the General Meeting. Monika Ribar, who has served as Chair of the SBB Board of Directors for twelve years, will step down in 2026 due to the term limit. The current member of the Board of Directors, Véronique Gigon, will step down at the 2025 Annual General Meeting.

    To ensure a seamless succession at the top of SBB, a comprehensive search process was initiated by the federal government at an early stage. The SBB Board of Directors then decided at an extraordinary meeting in August 2024 to propose the election of André Wyss to the Federal Council. Wyss’ previous experience and his extensive network in the Swiss economy make him the ideal choice for this challenging task.

    A clear transition at Implenia and SBB
    Wyss will end his role as CEO of Implenia at the end of March 2025. He will then concentrate fully on his new role on the SBB Board of Directors. For one year, he will serve on the Board of Directors together with the current Chairwoman Monika Ribar and prepare intensively for taking over the chairmanship. This smooth transition will ensure continuous and stable leadership at SBB and safeguard the strategic direction of the company in the future.

    With the election of André Wyss, SBB is relying on a strong leader who is up to the challenges of the future and can successfully develop the company further

  • Implenia announces management change

    Implenia announces management change

    Implenia, the leading Swiss construction and real estate services provider, will have a new CEO at the helm in spring 2025. André Wyss, who has led the company through a far-reaching transformation since October 2018, has decided to step back from operational activities. Wyss explains: “After six and a half years at Implenia, it’s time for me to focus on existing and new mandates. Implenia is in an excellent position following the transformation and is ready for the next strategic phase.” The successful handover to Jens Vollmar, who has played a key role in shaping the company’s development, is an important step for Wyss.

    Hans Ulrich Meister, Chairman of Implenia’s Board of Directors, praised Wyss’ achievements: “With far-sighted and courageous action, he has shaped Implenia into a financially sound, integrated multinational construction and real estate services provider.” The company is now optimally positioned to continue to grow profitably in the long term.

    Jens Vollmar to take over from April 2025
    The Board of Directors has appointed Jens Vollmar, currently Head Division Buildings, as the new CEO. Vollmar has been with Implenia since 2013 and has made a decisive contribution to the company’s positive development through his role in the Buildings Division and as Country President Switzerland. Meister is convinced that Vollmar will successfully lead the Group into the future with his expertise.

    Vollmar’s successor as Head Division Buildings will be announced at a later date.

    Change in the Civil Engineering division
    In addition to the change in CEO, there will also be a new appointment in the Civil Engineering division. Christian Späth, who has successfully led this division through challenging times, will leave the company at the end of August 2024. Erwin Scherer, previously Global Head Tunnelling, will take over the management of the division from September. Scherer, who has been responsible for tunnel construction at Implenia since 2019, is a proven leader with extensive experience in international tunnel construction. Wyss and the management team are convinced that Scherer will continue to lead the division successfully and make an excellent addition to Implenia’s Executive Committee.

    This comprehensive change of leadership marks an important milestone in Implenia’s future development and sets the course for the continuation of its successful growth trajectory.