All entries located in Zürich (Switzerland), newest first. tag:eurotrack.ai,2026:en:en/regions/zuerich 2026-10-05T06:00:00Z Eurotrack tag:eurotrack.ai,2026:c0e76822:en 2026-10-05T06:00:00Z

Media group Tamedia is cutting 34 full-time positions in its news desks in Zurich, Bern, Basel, Lausanne and Geneva, 30 of them in the newsrooms and 4 on the print desk; 41 people are affected, 28 in German-speaking and 9 in French-speaking Switzerland. Tamedia cites the shrinking advertising market and the shift of advertising money to international platforms; those affected are to be informed by the end of October 2026, and a consultation is under way in French-speaking Switzerland. Its 2024 pledge not to lay off journalists before the end of September 2026 has thus expired; the earlier round of cuts from January 2026 is listed under id 5a799227 (Nau.ch, 05.10.2026; second source: NZZ, 05.10.2026). — Sources: https://www.nau.ch/news/schweiz/das-medienhaus-tamedia-streicht-34-vollzeitstellen-67184963 · https://www.nzz.ch/feuilleton/tamedia-baut-34-vollzeitstellen-ab-41-mitarbeitende-betroffen-ld.10026803

tag:eurotrack.ai,2026:8e8b27eb:en 2026-09-01T06:00:00Z

On 1 September 2026 Swiss Life announced plans to cut around 600 jobs by end of 2028 (about 300 in Switzerland, the rest at Swiss Life Asset Managers abroad), mostly via natural attrition. CEO Matthias Aellig called it the insurer's first major job reduction since 2009, citing advancing digitalization even as H1 2026 profit rose 8% (Netzwoche/finews, 1–2 Sep 2026). — Source: https://www.netzwoche.ch/news/2026-09-02/swiss-life-begruendet-stellenabbau-mit-digitalisierung

tag:eurotrack.ai,2026:63ebced6:en 2026-07-23T06:00:00Z

Cembra Money Bank is acquiring the substantial part of Santander Consumer Finance Schweiz's Swiss vehicle financing business: a lending portfolio of around CHF 800m plus nine partner relationships with manufacturers and importers. Cembra also becomes Santander's exclusive Swiss partner for pan-European leasing and vehicle financing programmes. To part-fund the deal the bank placed up to 601,801 treasury shares (around 2% of share capital) via accelerated bookbuilding. Closing is scheduled for November 2026; the announcement came alongside half-year results (net income +6%). — Source: https://www.eqs-news.com/news/ad-hoc/cembra-reports-6-increase-in-net-income-in-the-first-half-of-2026-and-acquires-the-substantial-part-of-santanders-swiss-auto-financing-business/8b10e4cc-569d-4cf0-819b-3f5c9b55c5bb_en

tag:eurotrack.ai,2026:0b8cfbd4:en 2026-07-16T06:00:00Z

ABB agreed on 16 July 2026 to acquire UK flow-control specialist Rotork — the largest acquisition in ABB's history. The cash offer of 503 pence per share represents a premium of about 60% and values Rotork at roughly $5.5bn; completion is expected in the first half of 2027 (second source: Bloomberg). Update (6 Aug 2026): Rotork published the formal scheme document. Shareholder meetings to vote on the takeover are set for 3 September 2026 (proxy deadline 1 September 2026); the deal is being implemented through a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. Completion is still expected in the first half of 2027. — Source: https://uk.finance.yahoo.com/news/rotork-agrees-5-5-billion-091013384.html

tag:eurotrack.ai,2026:38e271ae:en 2026-07-15T06:00:00Z

Swiss Sequotech Group (Jura, around 400 employees, founded in 2020 with backing from Verium) is acquiring Zurich-based IT services provider Tiag AG (managed services, cloud, modern workplace and VoIP for SMEs in German-speaking Switzerland). No purchase price was disclosed; management and staff stay on board. It is the group's second Zurich-area acquisition in 2026, after Zubler & Partner in the spring. — Source: https://www.netzwoche.ch/news/2026-07-15/sequotech-gruppe-uebernimmt-tiag

tag:eurotrack.ai,2026:25341e57:en 2026-07-14T06:00:00Z

Winterthur-based compressor maker Burckhardt Compression completed its acquisition of Italian biogas/CNG compression specialist Fornovo Gas (approx. 120 employees) on 2026-07-14, first announced on 2026-05-13. Purchase price undisclosed; strengthens its position in the growing biogas/CNG compression market. — Source: https://www.cash.ch/news/top-news/burckhardt-schliesst-ubernahme-von-fornovo-gas-ab-953052

tag:eurotrack.ai,2026:6232351d:en 2026-02-13T06:00:00Z

Acrevis Bank AG (St. Gallen, total assets CHF 5.1 bn) is acquiring Regiobank Männedorf AG (RBM), the smallest bank in the Lake Zurich region (total assets ~CHF 440 m, 11 employees). Announcement on 13 February 2026. Terms: RBM shareholders receive 17 Acrevis shares (after a share split) plus a CHF 200 cash settlement per share – around 29.9% above the 60-day average price. General meetings of both banks at the end of March 2026. If approved, the merger will take effect retroactively as of 1 January 2026 and is to be completed by mid-2026. All RBM employees are to be retained. Acrevis has already successfully integrated Sparkasse Wiesendangen and Sparkasse Trogen. Update (10 Oct 2026): FINMA approved the absorption merger and the commercial register entries have been made; since 29 June 2026 Regiobank Männedorf trades as Acrevis Bank, the Männedorf site stays open and technical integration is planned for spring 2027 (finews.ch, 26 Jun 2026). — Sources: https://www.nau.ch/news/wirtschaft/regiobank-mannedorf-fusioniert-mit-acrevis-67096336 · https://www.finews.ch/news/banken/72708-acrevis-regiobank-maennedorf-vollzug-zusammenschluss-fusion

tag:eurotrack.ai,2026:c004ab48:en 2026-02-12T06:00:00Z

Newrest, the ÖBB's contractor for ticket checks and service on Nightjet trains, is dismissing up to 30 employees at its Zurich site; the whole travelling staff of the Zurich Nightjet unit is affected. After the legally required consultation, the company is ready to agree measures resembling a social plan with the SEV union, including severance pay of 1.5 monthly salaries, a notice period for train staff extended by one month to 30 April 2026 and higher allowances in March and April. The SEV calls the dismissals management failure and the compensation necessary but limited. (LOK Report, 12 Feb 2026) — Source: https://www.lok-report.de/news/europa/schweiz/65103-schweiz-newrest-entlaesst-nachtzugpersonal-in-zuerich.html

tag:eurotrack.ai,2026:eb9b1259:en 2026-01-13T06:00:00Z

Globus is cutting 48 of 150 jobs at its Zurich headquarters (32%). Affected: administration and management (not the 1,200 employees in department stores/logistics). Reason: despite revenue growth and improved margins in 2025, there is still a loss of ~CHF 30 mn/year. Centralisation: management/support functions (procurement, marketing, IT) are being relocated abroad (to the parent company's European department-store business in Italy, among others). Goal: to be in the black by 2027. Socially responsible solutions are planned (early retirements, a social plan). The branch network remains unchanged. — Source: https://www.bluewin.ch/de/news/wirtschaft-boerse/globus-stellenabbau-zuerich-hauptsitz-jobs-weg-3048556.html

tag:eurotrack.ai,2026:c2285072:en 2026-01-07T06:00:00Z

Knorr-Bremse has completed the acquisition of the Duagon Group of Dietikon, Switzerland, a developer of embedded electronics, hardware and software for the rail sector with about 1,000 specialists. The Rail Division thereby strengthens its know-how in electronics and signalling, above all for its Selectron (control and communication) and KB Signaling businesses. Duagon grew by about 15% a year on average in 2022–2025; for 2026 Knorr-Bremse targets an operating margin (EBIT) of about 16% before integration costs there and expects annual synergies of EUR 5–10 million from 2028; Selectron and Duagon together generate about EUR 250 million in revenue a year. The report gives neither a purchase price nor the closing date, so the date of the report is used. (LOK Report, 7 Jan 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/64229-knorr-bremse-kauf-von-duagon-abgeschlossen.html

tag:eurotrack.ai,2026:a1323801:en 2025-11-30T06:00:00Z

Regensberg (one of the smallest municipalities in the Canton of Zurich) is voting on 30 November 2025 on entering into merger talks with neighbouring municipalities. The vote concerns only whether investigations into the costs/benefits of a possible merger should be carried out. A concrete merger is still open. — Source: https://www.tagesanzeiger.ch/regensberg-abstimmung-ueber-fusionsgespraeche-mit-nachbarn-682975228090

tag:eurotrack.ai,2026:4c2b2090:en 2025-08-17T06:00:00Z

Advent is submitting a cash offer for the Swiss IoT and chip specialist u-blox; the offer values the company at around CHF 1.05 bn. Update (06.05.2026): Advent completed the takeover of u-blox in November 2025; after a court cancelled the untendered shares, the stock was delisted from SIX with effect from 18.05.2026 (AWP via TradingView, 06.05.2026: https://de.tradingview.com/news/awp:11319347cb237:0/). — Source: https://www.reuters.com/markets/europe/private-equity-group-advent-acquire-u-blox-13-billion-2025-08-17/

tag:eurotrack.ai,2026:0f3d52be:en 2025-07-01T06:00:00Z

In the Hochbord development area of Dübendorf, near Stettbach station, the UBS "Sima" real estate fund (UBS (CH) Property Fund – Swiss Mixed) completed the "Younic" residential and commercial complex: 228 rental apartments (1.5 to 5.5 rooms), 396 m² of ground-floor retail space, and 150 underground parking spaces. Construction ran from spring 2022 to summer 2025, with an investment volume of about CHF 200 million; the development holds the SNBS Gold sustainability label. Note: the source (owner fund UBS) states 228 apartments rather than the 233 given in the original list; other project parties (e.g. developer Mettler2Invest/zirkulit) cite around 240 residential units in total across several buildings. — Source: https://www.ubs.com/ch/de/assetmanagement/insights/asset-class-perspectives/real-estate/immo-update/articles/sima-younic.html

tag:eurotrack.ai,2026:a64c7c0a:en 2023-02-01T06:00:00Z

Westhof is a housing cooperative development by Wogeno Zürich (cooperative of self-managed buildings) together with Palmahus AG in the Hochbord neighborhood between Dübendorf and Zurich, close to Stettbach railway station, built on the former Gärtnerei Kohler nursery site (Zukunftstrasse 3, 8600 Dübendorf). According to the project website, the settlement comprises around 83 apartments of various types (including studio, family and cluster apartments) plus 11 commercial/communal units, a multipurpose hall for up to 100 people, and is certified under the Swiss Sustainable Building Standard (SNBS). Following groundbreaking in July 2020, occupancy took place in early/mid-2023; the website does not disclose investment costs. — Source: https://www.westhof.ch/

tag:eurotrack.ai,2026:24314188:en 2021-12-12T06:00:00Z

On 12 December 2021, SBB, the Canton of Zurich and the City of Winterthur opened the new North passenger underpass at Winterthur station, widened from 4.5 to 17.5 metres, together with a separate bicycle underpass adding more than 700 covered bike parking spaces. Around CHF 90 million was invested in the project over four years, jointly funded by SBB, the canton and the city. It formed a central part of the ongoing modernisation of the Winterthur station area. — Source: https://www.bahnonline.ch/16768/bahnhof-winterthur-neue-unterfuehrungen-fuer-reisende-und-velos-oeffnen/

tag:eurotrack.ai,2026:23200ce0:en 2021-08-31T06:00:00Z

SBB widened the main pedestrian underpass at Zurich Altstetten station from 4 to 12.5 meters, added four new elevators for step-free access, and raised several platforms to 55 cm to accommodate growing passenger volumes of about 46,500 boardings/alightings per day. The widened underpass reopened on 5 November 2020 after nearly three years of construction, with remaining finishing work continuing into summer 2021. Total project cost was approximately CHF 64 million. — Source: https://www.bahnonline.ch/3594/sbb-bahnhof-zuerich-altstetten-mehr-platz-dank-verbreiterter-unterfuehrung/

tag:eurotrack.ai,2026:d001694a:en 2020-12-18T06:00:00Z

As part of the "Railway Access 2023" (BZU23) program, SBB raised the central platform at tracks 3/4 in Dübendorf station to the new standard height of 55 cm to enable step-free, accessible boarding onto S-Bahn trains. Construction began in March 2020 and was scheduled for completion by the end of 2020, at a cost of CHF 5.7 million financed by the federal government via the performance agreement. After completion, the platform sector layout was revised and a new Sector F introduced (confirmed as of November 2020). — Source: https://www.zo-online.ch/news/2020-03-11/jetzt-beginnen-in-duebendorf-die-bauarbeiten

tag:eurotrack.ai,2026:8db0e302:en 2020-11-05T06:00:00Z

The Circle opened on 5 November 2020 at Zurich Airport after more than five years of construction, jointly developed by Flughafen Zürich AG and Swiss Life. Built on what the operator calls Switzerland's largest construction site, it comprises two hotels (Hyatt Regency, Hyatt Place) with a convention centre for 2,500 people, office space for international companies, retail and restaurants, and a University Hospital Zurich health centre. Investment figures reported range from roughly CHF 1 to 1.2 billion depending on the source. — Source: https://newsroom.flughafen-zuerich.ch/the-circle---das-neue-quartier-im-flughafen-zurich-offnet-seine-tore/

tag:eurotrack.ai,2026:a40da13f:en 2019-09-02T06:00:00Z

Stage 1 of the Limmattalbahn runs from Zurich-Altstetten station via Farbhof to Schlieren Geissweid (2.9 km) and was festively inaugurated on 30 August 2019; scheduled service (VBZ tram line 2, 7.5-minute frequency) began on 2 September 2019. Total cost of the complete Limmattalbahn (both stages combined) was around CHF 755 million according to the source; no separate construction budget for stage 1 alone is given. The endpoint Spreitenbach named in the original list is only reached with stage 2 (Schlieren–Killwangen-Spreitenbach), which did not open until December 2022. — Source: https://de.wikipedia.org/wiki/Limmattalbahn

tag:eurotrack.ai,2026:15b3fb33:en 2017-12-10T06:00:00Z

After roughly two and a half years of construction, the new tram connection across the Hardbrücke was officially opened on 8 December 2017, with regular service on the extended line 8 (Hardplatz–Hardbrücke–Escher-Wyss-Platz–Hardturm) starting with the timetable change on 10 December 2017. About 4.7 km of tram tracks and a new interchange hub at Hardbrücke station were built, at a total budget of CHF 130 million. — Source: https://www.stadt-zuerich.ch/vbz/de/die-vbz/medien/medienmitteilungen/2017/12/tvh.html

tag:eurotrack.ai,2026:d7e731dd:en 2016-12-04T06:00:00Z

The Buchholz indoor pool in Uster was renovated and expanded with a new 50m Olympic pool with 10 lanes (replacing four 25m lanes); voters approved the CHF 38.2 million gross-cost credit on 30 March 2014. After about 1.5 years of construction (starting spring 2015), the pool reopened on the first weekend of December 2016 and, with 2,015 m² of water surface, is considered Switzerland's largest public indoor pool; it also serves as a national training center for Swiss Aquatics. — Source: https://www.uster.ch/anlagen/9526