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Officials yet to ascertain exact number and identity of those who died
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Several people have been killed following a small plane crash in central Switzerland.
Swiss police said the aircraft went down in a forest near the town of Hergiswil on Saturday morning and burst into flames upon impact.
A helicopter was subsequently dispatched to douse the wreckage in water before rescue workers arrived at the scene.
Officials have not yet been able to ascertain the exact number and identity of those who died.
Hergiswil is located about 10 km south of Lucerne, in the canton of Nidwalden.
Last year three people died after a plane crash-landed at a summer camp in the mountainous canton of Granbunden, in the east of the country.
Those killed included two 14-year-olds and the plane’s pilot.
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Meggen LU was voted the best municipality in Switzerland - thanks to low taxes
proximity to the center and a perfect location on the lake
The municipalities were compared with a total of 51 factors
childcare facilities and shopping opportunities
The data is based primarily on public statistics and real estate price models from Iazi AG
The major cities performed worse overall than in the previous year
Zurich is in 54th place (previous year 45th)
Basel is in 486th place (previous year 93rd) and Bern is in 491st place (previous year 199th)
The reasons for the lower scores can be attributed to the areas of housing and work
Val-de-Travers NE occupies last place in the ranking
after Mümliswil-Ramiswil SO was at the bottom for many years
The Neuchâtel municipality with 10,550 inhabitants is the place with the highest taxes in Switzerland
The municipality is also poorly connected and has a low job density
"The main levers for a top location in a municipality are low taxes
proximity to the center and a lake," says study author Donato Scognamiglio
co-founder and board member of real estate specialist Iazi
the cantons of Central Switzerland have: a successful tax policy."
is delighted with first place: "Living in Meggen is seen as a privilege by most people"
But it is not just the rich and privileged who live here
there is a diverse village life with living traditions and a colorful club culture
you walk through the village and are greeted on the street."
Zollikon ZH is the first municipality in Zurich to take 6th place in the Handelszeitung ranking
the population is growing steadily to currently 13,500 people
which also increases the tax base to CHF 6,500 per capita
the municipality has net assets of 102 million francs as at the end of 2023
we have always achieved a higher surplus than planned," says municipal president Sascha Ullmann
"Our healthy finances are a degree of freedom that helps us to guarantee a good infrastructure and good services."
Governments are increasingly using PPP schemes to source funds for infrastructure projects
Rönesans Healthcare Investment has invested in a number of these deals in Turkey
Many of the world’s governments face a long backlog of much-needed infrastructure and development projects
Debates surrounding the priority of these projects dominate election campaigns
and very few nations have the resources to complete everything they would like to achieve
the only feasible solution is to delay plans over and over again
much to the detriment of the communities that rely on them
governments are increasingly pursuing public-private partnerships (PPPs) to source additional funds
Such opportunities give private investors the chance to profit from the sector
while also providing a vital contribution to an often under-funded part of society
Rönesans Healthcare Investment has invested in a number of PPP deals in Turkey
including the Ikitelli Hospital and Elazig Hospital
Rönesans Holding has also acquired Dutch-based constructor Ballast Nedam
including: Hergiswil of Switzerland; Heitkamp of Germany; and a minority share purchase of Porr of Austria
Chairman of Rönesans Healthcare Investment
spoke to World Finance about how these deals represent an innovative new way of doing business
PPS give private investors the opportunity to profit from the sector
while also providing a vital contribution to a sometimes under-funded facet of society
After an in-depth assessment of models in the world
which has proven very efficient in terms of value for money for many other states
Since Turkey had sufficient private initiative to realise these investments
PPP schemes would give the Turkish Government a lot of leverage in terms of financing many new hospitals
while at the same time being able to extend its tenor of payment of these investments
the government decided this would be the best scheme
This was actually the beginning of a difficult process
The project agreement in its initial form was not considered robust enough
and non-recourse project financing seemed to be a difficult target
amendments to the legislation to clarify grey areas and line-by-line assessment of the agreements with the MoH
we finally achieved the agreements in their current form in 2014
banked various times by international financing institutions
I believe that the government’s decision to proceed with a PPP scheme was the correct decision
despite some bumps on the road at the very beginning
Turkey’s PPP adventure has become an example to many other countries aiming to adopt similar infrastructure development schemes
and the transition from construction to operation worked very well
Although we did experience the difficulty of being the first investor to open a PPP hospital in Turkey
Ministry of Finance and other stakeholders
We have been receiving payments in accordance with the agreements
we have now successfully entered phase two (operations) of these investments
We are the investor at the special purpose vehicles
If I put on my investor hat for this question
I would observe that the scheme has repeatedly proven itself to be robust – not only in Europe through our partnership with Meridiam and European banks
thanks to our partnership with Sojitz and our friends at JBIC
NEXI and other Japanese financing institutions
a new foreign investor should certainly seize this opportunity in Turkey and catch the train
It is also important to underline that when you get comfortable with the product or project itself
local partners are always crucial when you enter new regions
the private sector is required to procure a high set of standards for design
and then to provide services in accordance with well-defined standards
the revenues become subject to penalties defined under the project agreement
so protection for standards is already written into the agreements
When you look at these projects from a general public benefit perspective
we act next to the public sector and work together with it to bring out the best possible results for the whole community
Since the rules are clear in the agreement from day one
I would not say that we have material conflicts of interest with the public sector in any of these projects
following our partner Meridiam’s experience in bond financing in other projects
This was a first-ever in Turkey in many senses and included very innovative components and new products from EBRD
the Multilateral Investment Guarantee Agency and IFC
the Elazıg bond would not have been possible
Together they set a very good example and pioneered an excellent scheme of financing other future projects
Being one of the largest PPP hospitals in Turkey
we had to find new resources to finance this project
we were able to tap Japanese financing resources
JBIC and NEXI have provided great support for this huge deal and have made it possible
who we now consider reliable business partners
have also provided a great deal of support
This deal also had some interesting and first-ever aspects
with newcomers including Standard Chartered
The deal was the largest infrastructure deal in Turkey for JBIC with 18 years tenor
and it was the first in Japanese currency in the pipeline
financial institutions and their support to all new projects are fundamental
and we believe in building trust and long-term relationships with financial institutions
The second most important responsibility is to operate the hospital professionally
Thousands of people will be using the hospital on a daily basis
and this could create a chaotic environment if not managed efficiently; an advanced level of facility management is required
By the time we open the Ikitelli PPP hospital
our facility management company will have gained wide experience running large-scale operations across other projects
We had already started training our staff before we opened Yozgat and those trainees have grown to become trainers in Adana
able to transfer experience and expertise from site to site
improving its processes and capability each time a new hospital is opened
Having been at the company for 15 years now
how does your experience influence the decisions you make
Having been more than 25 years in business life
I have always worked in environments where the balance can shift very fast and circumstances are perpetually changing
you have to think and act fast to seize critical opportunities and I learned from experience to do exactly that
while also making sensible decisions in high-pressure situations
Working for more than 25 years in the private sector
building partnerships with various international partners and developing various projects alongside international companies
Looking at things from different perspectives always helps innovative thinking and progression
I think the thorough consideration of political and economic circumstances are necessary in order to distinguish the right investments from the wrong ones
From melted cars and stampeding dinosaurs to a time-travelling bungalow, here are the highlights from the first ever virtual exhibition of Photo Basel 2020
From melted cars and stampeding dinosaurs to a time-travelling bungalow, here are the highlights from the first ever virtual exhibition of Photo Basel 2020
Photograph: Arnold Odermatt/Galerie Springer
Photograph: Robert Voit/Galerie Peter Sillem
Photograph: Cecilia Paredes/Blanca Berlin gallery
Photograph: Dirk Brömmel/Hengevoss-Dürkop
Photograph: Antoine d’ Agata/Magnum Photos
Photograph: Terri Loewenthal/Catherine & André Hug Galerie
Photograph: Xu Jiong/Per van der Horst gallery
Photograph: Ayana V Jackson/Gowen Contemporary
Photograph: Peter Bialobrzeski/Galerie Albrecht
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Founded in 1990 at Vsetin, Czech Republic, Glass Service is a leading provider of digital solutions for glass furnaces, including advanced control systems and simulation software.
Closing of the transaction is subject to antitrust approvals and is expected by the end of the first half of 2024.
It will complement Saint-Gobain’s range of digital services offering predictive, diagnostic, and data-driven solutions to improve energy efficiency for its customers and reduce the carbon footprint of their products and processes.
Saint-Gobain had recently invested in 3 start-ups for breakthrough innovation through its venture arm Nova:
*Sysdyne Technologies - to enhance productivity and traceability for ready-mix concrete production and delivery thanks to a cloud-native software platform, and
*Plantformance and Newboot to improve manufacturing performance thanks to a comprehensive suite of services and software programs as well as real-time data collection.
These partnerships enable Saint-Gobain to integrate cutting-edge technologies, such as IoT (Internet of Things), artificial intelligence (AI), and digital twins which can result in a reduction of up to 10% in a factory’s energy consumption.
Since its acquisition of GCP in October 2022, Saint-Gobain owns and operates Verifi in the US, Europe and Asia-Pacific: a concrete management system which leverages IoT technology to ensure consistent quality and sustainability in ready-mix concrete production and delivery.
In addition, the Solu+ and Cap Renov digital tools sold by Saint-Gobain’s merchanting businesses in France continue to see growing success with trade professionals and renovation companies with about 90% of worksites eligible for MaPrimeRénov’ having used the Cap Renov advisory, layout and estimation tool in 2023.
These digital solutions contribute to the goals of Saint-Gobain's “Grow & Impact” strategic plan aiming to provide end-to-end solutions to its customers and accelerate the decarbonization of their products and processe
Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
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Das Vermögen der Reichsten in der Zentralschweiz beläuft sich auf 150,7 Milliarden Franken. Rund 12 Prozent weniger als im Vorjahr.
Dieses Jahr mussten vor allem jene Federn lassen, deren Vermögen sich vornehmlich in an der Börse kotierten Unternehmen bündelt. Mit einer Vermögensschmelze von rund 7 Milliarden haben die Familien Schindler und Bonnard vom sehr konjunkturanfälligen Ebikoner Liftbauer Schindler dieses Jahr am meisten verloren. Der Aktienkurs des von ihnen kontrollierten Liftbauers ist im Rahmen der allgemeinen Börsenschwäche überdurchschnittlich stark abgestürzt.
Schwyz Luzern Zug Nidwalden Obwalden Alle Informationen für die Tabellen stammen von der Zeitschrift «Bilanz».