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Sonova
Sonova Holding AG (Phonak Holding AG before 1 August 2007) is an internationally active Swiss group of companies headquartered in Stäfa that specializes in hearing care ( hearing instruments, cochlear implants, wireless communication). The Sonova group operates through its core business brands Phonak, Unitron, Advanced Bionics, AudioNova and Sennheiser (Licensed). It is one of the largest providers in the sector worldwide. The group and its brands hold 24% of the global hearing aid market in sales. As of 11 September 2022, Sonova was a component of the Swiss Market Index. History The group traces its roots back to the Zürich-based AG für Elektroakustik, which was founded in 1947 with the participation of Ernst Rihs who acquired a majority shareholding in 1965, renaming the company Phonak AG in 1977. His two sons, Hans-Ueli and Andy Rihs, also went on to join the firm, along with Beda Diethelm; after Ernst Rihs' death, the two sons took over his shares while Beda Diethelm beca ...
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Sennheiser
Sennheiser electronic GmbH & Co. KG (, ) is a German audio equipment manufacturer headquartered in Wedemark. Sennheiser specializes in equipment for both the consumer and professional audio markets, including microphones, headphones, and loudspeakers. Founded in 1945 by Fritz Sennheiser, the company's professional media division has been under the leadership of third-generation co-CEOs Daniel Sennheiser and Andreas Sennheiser since 2013. The Sennheiser Group has over 2,800 employees worldwide, and reported total sales of €756.7 million in 2019. Sennheiser's consumer audio division was acquired by Sonova Holding AG in May 2021. History The company was founded in 1945 shortly after the end of World War II by Fritz Sennheiser and seven fellow University of Hannover engineers. Originally named Laboratorium Wennebostel (shortened as "Labor W"), named after the village of Wennebostel in the municipality of Wedemark, where it had been relocated during the war, the company's f ...
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Cochlear Implant
A cochlear implant (CI) is a surgically implanted Neuroprosthetics, neuroprosthesis that provides a person who has moderate-to-profound sensorineural hearing loss with sound perception. With the help of therapy, cochlear implants may allow for improved speech understanding in both quiet and noisy environments. A CI bypasses acoustic hearing by direct electrical stimulation of the auditory nerve. Through everyday listening and auditory training, cochlear implants allow both children and adults to learn to interpret those signals as speech and sound. The implant has two main components. The outside component is generally worn behind the ear, but could also be attached to clothing, for example, in young children. This component, the sound processor, contains microphones, electronics that include digital signal processor (DSP) chips, battery, and a coil that transmits a signal to the implant across the skin. The inside component, the actual implant, has a coil to receive signals, elect ...
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Swiss Market Index
The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends. The SMI was introduced on 30 June 1988 at a baseline value of 1,500 points. It closed above the symbolic level of 10,000 points for the first time on 2 July 2019. It reached the 12,000 point milestone on 17 June 2021. It is currently in a bear market, which it entered on 22 September 2022 after losing more than 20%. This ended the bull market that had reached an all-time record closing price short of 13,000 on 28 December 2021. Its composition is examined once a year. As of September 2022, it contains 18 large-caps and two mid-caps. Calculation takes place in real-time. As soon as a new transaction occurs in a security contained in the SMI, an updated index level is calculated and displayed. However, the inde ...
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Andy Rihs
Andy Rihs (2 November 1942 in Stuttgart – 18 April 2018 in Zürich) was a Swiss businessperson primarily in Medtech and Sports. Biography Andy Rihs' father Ernst had acquired the Zurich-based ''AG für Elektroakustik'' (founded: 1947) in 1965. Only one year later, after the father's passing, Andy took over together with a family friend Beda Diethelm. Andy Rihs' brother Hans-Ueli joined a few years later. The trio developed the company over the course of decades into the world's largest hearing aid company with 17,000 employees worldwide and an annual turnover of CHF 2.4 billion. The hearing aid company was renamed Phonak and in the new century, Sonova. In 1987, headquarters moved from Zurich to Stäfa. A fond cycling enthusiast, Rihs had a big impact on the sport. Rihs was a hobby rider himself who climbed the big Tour de France mountain passes on his bike. He took over the BMC Switzerland, BMC bicycle company in 2000 and created a carbon production facility in Grenchen where rac ...
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Stäfa
Stäfa () is a Municipalities of Switzerland, municipality in the district of Meilen (district), Meilen in the Cantons of Switzerland, canton of Zurich (canton), Zürich in Switzerland. Geography Stäfa has an area of . Of this area, 46.1% is used for agricultural purposes, while 18.8% is forested. Of the rest of the land, 34% is settled (buildings or roads) and the remainder (1%) is non-productive (rivers, glaciers or mountains). housing and buildings made up 26.7% of the total area, while transportation infrastructure made up the rest (7.2%). Of the total unproductive area, water (streams and lakes) made up 0.5% of the area. 35.8% of the total municipal area was undergoing some type of construction. It is located near Rapperswil on the north bank of the Lake Zürich in the Pfannenstiel (Zürich), Pfannenstiel region. Named after the Scottish Staffa#18th century, Island of Staffa by a monk from Iona, in the local dialect it is called ''Stäfa''. The early history of St� ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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Multinational Companies Headquartered In Switzerland
Multinational may refer to: * Multinational corporation, a corporate organization operating in multiple countries * Multinational force, a military body from multiple countries * Multinational state, a sovereign state that comprises two or more nations See also * International (other) * Transnational (other) * Supranational (other) * Subnational (other) Subnational or sub-national may refer to: * Administrative division, all administrative divisions are under the national level * Subnational legislature, a type of regional legislature, under the national level * Subnational state, a type of state, ...
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Companies In The Swiss Market Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Companies Listed On The SIX Swiss Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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Companies Based In The Canton Of Zürich
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporatio ...
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Hearing Aid Manufacturers
Hearing, or auditory perception, is the ability to perceive sounds through an organ, such as an ear, by detecting vibrations as periodic changes in the pressure of a surrounding medium. The academic field concerned with hearing is auditory science. Sound may be heard through solid, liquid, or gaseous matter. It is one of the traditional five senses. Partial or total inability to hear is called hearing loss. In humans and other vertebrates, hearing is performed primarily by the auditory system: mechanical waves, known as vibrations, are detected by the ear and transduced into nerve impulses that are perceived by the brain (primarily in the temporal lobe). Like touch, audition requires sensitivity to the movement of molecules in the world outside the organism. Both hearing and touch are types of mechanosensation. Hearing mechanism There are three main components of the human auditory system: the outer ear, the middle ear, and the inner ear. Outer ear The outer ear includ ...
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