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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, Hansaton, Advanced Bionics, AudioNova and Sennheiser. 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 is a component of the Swiss Market Index. History The group traces its roots back to the Zurich-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. Ernst Rihs acquired a majority shareholding in 1965, renaming the company ''Phonak AG.'' His two sons, Hans-Ueli and Andy Rihs, also went on to join the firm, along with Beda Diethelm; ...
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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 index ...
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Beat Hess
Beat W. Hess (born 6 July 1949) is a Swiss lawyer and businessman. He is the chairman of the Holcim Group and the vice chairman of Sonova. Early life Beat W. Hess was born on 6 July 1949. He graduated from the University of Geneva in 1972 and a JD in Legal Management in 1974. He earned a master of laws from the University of Miami School of Law in 1976, and a doctorate in Laws from the University of Fribourg in 1977. Career Hess began his legal career as a clerk to Swiss courts in 1972. He was the legal counsel of Brown, Boveri & Cie from 1977 to 1986, and its general counsel from 1986 to 1988. He was the general counsel of the ABB Group from 1988 to 2003. He was the legal director and a member of the execute committee of Royal Dutch Shell from 2004 to 2010. Hess joined the board of directors of the Holcim Group in 2010 and currently serves as its chairman. Hess is also the vice chairman of Sonova. Additionally, he serves on the board of directors of Nestlé. He also serves on t ...
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Stäfa
Stäfa is a municipality in the district of Meilen in the canton of 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 region. Named after the Scottish Island of Staffa by a monk from Iona, in the local dialect it is called ''Stäfa''. The early history of Stäfa is closely linked to Einsiedeln Abbey. 972 King Otto II confirmed in documents possessions of the abbey on the lake, including Ste ...
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Ken Bolingbrokes Cochlear Implant (cropped)
Ken or KEN may refer to: Entertainment * ''Ken'' (album), a 2017 album by Canadian indie rock band Destroyer. * ''Ken'' (film), 1964 Japanese film. * ''Ken'' (magazine), a large-format political magazine. * Ken Masters, a main character in the ''Street Fighter'' franchise. People * Ken (given name), a list of people named Ken * Ken (musician) (born 1968), guitarist of the Japanese rock band L'Arc-en-Ciel * Ken (SB19 musician) (born 1997), stage name of Felip Jhon Suson of the Filipino boy group, SB19 * Ken (VIXX singer) (born 1992), stage name of Lee Jae-hwan of the South Korean boy group, VIXX * Naoko Ken (born 1953), Japanese singer and actress (Ken as surname) * Thomas Ken (1637–1711), English cleric and composer * Tjungkara Ken (born 1969), Aboriginal Australian artist * Ken Zheng (born April 5, 1995) is an Indonesian actor, screenwriter and martial artist Other * Kèn, a musical instrument from Vietnam. * Ken (doll), a product by Mattel. * ''Ken'' (unit) (間), a Jap ...
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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) Supranational or supra-national may refer to: * Supranational union, a type of multinational political union * Supranational law, a form of international law * Supranational legislature, a form of international legislature * Supranational curr ... * Subnational (other) {{disambig ...
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Companies Listed On The SIX Swiss Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In The Canton Of Zürich
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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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 inclu ...
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Medical Technology Companies Of Switzerland
Medicine is the science and practice of caring for a patient, managing the diagnosis, prognosis, prevention, treatment, palliation of their injury or disease, and promoting their health. Medicine encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness. Contemporary medicine applies biomedical sciences, biomedical research, genetics, and medical technology to diagnose, treat, and prevent injury and disease, typically through pharmaceuticals or surgery, but also through therapies as diverse as psychotherapy, external splints and traction, medical devices, biologics, and ionizing radiation, amongst others. Medicine has been practiced since prehistoric times, and for most of this time it was an art (an area of skill and knowledge), frequently having connections to the religious and philosophical beliefs of local culture. For example, a medicine man would apply herbs and say prayers for healing, or an ancie ...
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Punitive Damages
Punitive damages, or exemplary damages, are damages assessed in order to punish the defendant for outrageous conduct and/or to reform or deter the defendant and others from engaging in conduct similar to that which formed the basis of the lawsuit. Although the purpose of punitive damages is not to compensate the plaintiff, the plaintiff will receive all or some of the punitive damages in award. Punitive damages are often awarded if compensatory damages are deemed an inadequate remedy. The court may impose them to prevent undercompensation of plaintiffs and to allow redress for undetectable torts and taking some strain away from the criminal justice system. Punitive damages are most important for violations of the law that are hard to detect. However, punitive damages awarded under court systems that recognize them may be difficult to enforce in jurisdictions that do not recognize them. For example, punitive damages awarded to one party in a US case would be difficult to get recogn ...
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Cochlear Limited
Cochlear is a medical device company that designs, manufactures, and supplies the Nucleus cochlear implant, the Hybrid electro-acoustic implant and the Baha bone conduction implant. Based in Sydney, Cochlear was formed in 1983 as a subsidiary of Nucleus with finance from the Australian government to commercialise the implants pioneered by Dr. Graeme Clark, although the company later became separate. As of 2022, the company holds 50% of the cochlear implant market, with more than 250,000 people receiving one of Cochlear's implants as of 2015. Cochlear was named Australia's most innovative company by the Intellectual Property Research Institute of Australia in 2002 and 2003, and one of the world's most innovative companies by ''Forbes'' in 2011. History Corporate affairs Cochlear was originally founded in 1983 as a subsidiary of Nucleus, a medical electronics company founded in 1964. Previously in 1981 Nucleus received a grant from the Australian government to commercial ...
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MED-EL
MED-EL is a global medical technology company specializing in hearing implants and devices. They develop and manufacture products including cochlear implants, middle ear implants and bone conduction systems.   MED-EL is a privately owned company and is run by its co-founder and CEO Ingeborg Hochmair, an internationally acclaimed scientist and researcher in the field of hearing implants. The company headquarters are in Innsbruck, Austria. History In the mid-1970s, Ingeborg and Erwin Hochmair were research scientists at the Technical University of Vienna, working on the development of cochlear implants. In 1977, the first microelectronic multichannel cochlear implant was implanted by Dr Kurt Burian in Vienna. Two years later in 1979, a modified version of that implant enabled a female patient to understand words and sentences without lip-reading via a small, body-worn sound processor used in a quiet environment. In 1989, the Hochmair’s decided to create their own hearing im ...
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