AGP Executive Report
Last update: 5 hours agoRetail Restructuring: Migros is considering merging its 10 regional cooperatives and moving its headquarters fully to Zurich. The overhaul could cut thousands of administrative jobs, with a vote expected in 2027. Energy Expansion: Swiss energy group MET has set up a legal entity in Kazakhstan to pursue petroleum operations, wholesale fuel trading and local investments. Biotech Leadership: Basel-based Nouscom promoted Loredana Siani to CTO as it prepares for commercial-scale manufacturing; Zug-based Oculis appointed a Roche neuroscience leader as chief scientific officer. Air Defence: Switzerland has shortlisted Israel’s Barak MX and the Franco-Italian SAMP/T NG for a planned CHF6 billion air-defence upgrade alongside its Patriot systems. Trade and Manufacturing: An upgraded China–Switzerland trade deal aims to eliminate tariffs on more than 99% of imports. Stadler, meanwhile, won an order for 21 additional trains from Finland. Construction: Implenia secured a roughly $200 million contract for hospitals in Schaffhausen.
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