OC Oerlikon Corporation AG Pfaeffikon (OERL.S)
22 Jun 2018
* Drive systems unit profitability lags that of surface solutions (Adds quote from CEO, analyst, details about trade row, oligarch)
* Vekselberg influence wanes at Sulzer, left with three allies
ZURICH, May 22 The Swiss blue-chip SMI was seen opening 0.3 percent higher at 8,967 points on Tuesday, according to premarket indications by bank Julius Baer .
ZURICH/FRANKFURT Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.
ZURICH/FRANKFURT, May 4 Swiss technology group OC Oerlikon is preparing to list its drive systems business by the middle of the year, aiming to raise cash for other parts of its business, people close to the matter told Reuters.
ZURICH, May 2 Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.
* Schmolz & Bickenbach's chairman terminates contract with Renova
ZURICH, April 11 Big banks UBS and Credit Suisse halted trading shares in Swiss pumpmaker Sulzer, traders in Zurich said on Wednesday, amid uncertainty over U.S. sanctions on its largest shareholder, Russian billionaire Viktor Vekselberg.
ZURICH, April 11 Swiss pump maker Sulzer expects to be "freed" from U.S. sanctions within days after a deal meant to trim Russian oligarch Viktor Vekselberg's stake to less than 50 percent, Chief Executive Greg Poux-Guillaume told Swiss newspaper Finanz und Wirtschaft in an interview on Wednesday.
* OERLIKON AND BOEING TO CREATE STANDARD PROCESSES FOR 3D-PRINTED STRUCTURAL TITANIUM AEROSPACE PARTS