Tag: switzerland
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📈Super Inflation of 🇨🇭 Swiss Housing Cost – 🇨🇭 Swiss housing costs know only one direction
Swiss housing costs know only one direction (data: Federal Office for Statistics). There was actually an unauthorised demonstration in Winterthur (Canton of Zurich) on Saturday about this (organised by AlternativeListe). Interestingly, the police press release did not state the reason and media just reported there was an unauthorised demonstration and many people were sanctioned. Politics…
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🇨🇭 Ringier and 🇨🇭 Tx planning to lay off 80 employees from IT department in 🇨🇭 Zurich and outsource their jobs to 🇷🇸 Serbia and 🇮🇳 India
The article reports that the Swiss Marketplace Group (SMG), a company owned by Ringier and Tx, is planning to lay off 80 employees from its IT department in Zurich and outsource their jobs to Serbia and India. This move is seen as a cost-cutting measure to prepare the company for an initial public offering (IPO)…
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🇨🇭 Federal Administrative Court finds Family Foundation’s purpose was not in accordance with the 🇨🇭 Swiss Civil Code (ZGB) – B-1749/2020
This is a summary of a judgment by the Swiss Federal Administrative Court (Bundesverwaltungsgericht) dated August 16, 2021. The case concerns a family foundation (Familienstiftung) that was established in 1939 and is seeking to be registered in the commercial register of the Canton of St. Gallen. The foundation’s purpose is to benefit exclusively its family…
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🇨🇭 Swiss Federal Administrative Court ruling regarding registration of a Family Foundation in the Commercial Register of the 🇨🇭 Canton of Zurich – B-5100/2020
The court decision is a ruling by the Swiss Federal Administrative Court (Bundesverwaltungsgericht) on a case involving the registration of a family foundation in the commercial register of the Canton of Zurich. The court’s decision is based on the following facts: The court’s decision is based on Article 335 of the Swiss Civil Code, which…
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🇨🇭 Swiss Family Foundations: EHRA’s decision to refuse registration was justified – 🇨🇭 Swiss Federal Administrative Court (BVGER) – B-951/2020
This is a summary of a judgment issued by the Swiss Federal Administrative Court (Bundesverwaltungsgericht) on August 16, 2021. The case involves a family foundation (Familienstiftung) that was established in 1918 and has been operating for over 100 years. The foundation’s purpose is to provide financial support to the descendants of one of the founders,…