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Migros CEO wants to improve profitability with "a lot of projects" | 06/17/18

Zurich (awp) – Migro's chief Fabrice Zumbrunnen wants to improve the reseller's profitability with a "large number of projects". In fact, Migros has missed its financial goals, Zumbrunnen said in an interview published on Saturday with the "Neue Zürcher Zeitung" (NZZ). "I can not be happy with that." Falling margins in Migro's core business would have to do with falling …

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RBC Capital Markets doubles its Frankfurt team

RBC Logo The EU Headquarters of the Canadian Bank will settle in Frankfurt. (Photo: Reuters) Frankfurt Zurich, Frankfurt and Paris – these were the stations on Doug McGregor's European trip last week. For clients and employees, the head of the Canadian investment bank RBC Capital Markets had two messages in his luggage: Invest in the region and expand the business …

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Big tractor parade at John Deere – Südplus

It broke yesterday in central Mannheim, because the John Deere factory celebrated a big tractor parade the 100th anniversary of the tractor. More than 30 tractors started on Saturday at the factory gate and drove to the water tower in the city center . To admire, it was not only vintage and classic cars from John Deere and Lanz, but …

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Hanover Re is clearly considering a higher payout ratio | 06/17/18

Hannover Re is considering an increase in the dividend rate. Profitability has developed so positively in recent years that it would be meaningful to adjust the regular dividend upwards, says CFO Roland Vogel from Börsen-Zeitung, So far, the distribution corridor has been between 35% and 40% of consolidated net profit. The upper limit of 40 percent has always been reached …

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So many tons of drugs are sent daily at the Euro Airport – Basel City – Basel

For Roche and Novartis, Euro-Airport (EAP) has become the central European hub for transporting its drugs. Mathieu Haman, Logistics Manager at Roche, says: "Our entire European production is managed by EAP. 99 percent is for export and goes worldwide." 15,000 tonnes of freight should be shipped through EAP every year. "It's important to us." At Novartis it is 12,000 tonnes. …

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20 minutes – Coop raises milk prices

Coop plans a big change in the milk range. "By the end of the year there will be no regular milk left on our shelves," said Coop CEO Joos Sutter in an interview with SonntagsZeitung. The dealer wants to raise animal welfare standards for conventional continuous milk and UHT. Together they account for 60 percent of the milk area. Survey …

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«Syrup did not own its own engine»

A dedicated web shop for Coop City will go further. "We will not enter the online area with department stores as soon as we planned, because it is very complex," says Sutter. Before that, you use the sales channels for Microspot.ch and Coop @ home. Coop CEO describes modernization efforts for some competitors through high tech and chatbots as "quite …

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"Yes, the milk is more expensive" – ​​SonntagsZeitung

OVS is broken, the skull chain Karl Vögele is sold to Poland. What goes through your head on these eternal horror news? You have not really surprised me. With OVS, it was already possible to conclude that Switzerland's involvement may not be too large due to the rather modest investments. The crucial to me is the issue of Coop is …

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