Foreign investment updates about Switzerland
Update
LEM (SIX: LEHN), a leading manufacturer of current and voltage sensors, is making a significant investment in its future with the opening of a new factory in Penang, Malaysia. This expansion reflects the growing global demand for LEM's products, driven by the increasing need for decarbonization across various
Update (Divestment)
According to Reuters, Swiss bank UBS is reducing its presence in China's private funds market, shutting down a significant portion of its existing funds and laying off staff. The move comes amid cost pressures, fierce competition, and sluggish returns in the Chinese market. * Fund Closures and Staff Reductions:
Update
Sulzer, an industrial leader in fluid engineering, recently celebrated the grand opening of a new pump test and assembly center in Mexico City. This state-of-the-art facility sits next to their existing pump manufacturing plant and boasts impressive features designed to meet the growing demand for infrastructure projects across the Americas.