In the first four months of 2022, the Hilti Group generated total sales in excess of 2 billion Swiss francs, which equates to a rise of 5.6 percent on the same period of the previous year. High growth rates were observed in the Americas and Eastern Europe, Middle East and Africa sales regions.

Hilti has been recognized as a top employer in Switzerland and Liechtenstein for the seventh time. The company was placed sixth in the ranking by the Great Place to Work Institute. The Institute captures the perspective of both the employees and the organization.

Bank Frick is now offering investors trading and secure custody services for the cryptocurrencies Cardano, Polkadot and Tezos. In so doing, the bank, which specializes in financial services for professional clients, is expanding the range of cryptocurrencies it offers for trading and storing purposes.

The Liechtenstein trust sector generated gross value added of just under 1 billion Swiss francs in 2018. Its direct share of gross value added of slightly over 11 percent was the third-highest by sector. This is a finding from a study published on behalf of the Liechtenstein Institute of Professional Trustees and Fiduciaries.

Liechtensteinische Landesbank (LLB) has launched this year’s competition for small and medium-sized enterprises (SMEs). Interested companies from Liechtenstein can now register for the LLB KMU Award 2022.

Vaduzer Medienhaus AG will publish the second issue of its Made in Liechtenstein magazine in July. It provides local companies with the opportunity to present interesting products and services.

LGT Bank is expanding its offering of direct investments in cryptocurrencies. To do so, the bank owned by the princely House of Liechtenstein is collaborating with SEBA Bank from Switzerland. This offer is limited to certain client groups during the initial phase

The UN General Assembly adopted the veto initiative launched by Liechtenstein without a vote. This sets down that the General Assembly will automatically meet within 10 days if veto is used in the Security Council by one of its five permanent members.

VP Bank will in future act as the Presenting Partner for the Marmite Youngster competition for young talents in the gastronomic sector. By sponsoring the event organized by the Zurich-based publishing house Marmite, VP Bank is expanding its cultural commitment to include culinary pursuits and is seeking to promote talented young chefs from Switzerland and Liechtenstein.

The location initiative digital-liechtenstein.li has comprehensively revised its digital roadmap. In this, network partners from politics, business and science define activities to make Liechtenstein a leading digital business location.

Liechtensteinische Post has presented a positive operating result for the fifth consecutive year. Growth in the area of parcel traffic has offset declines in the mail business. Payment transactions and philately also continued to lose ground. However, the customer base for logistics was successfully expanded.

Liechtensteinische Kraftwerke (LKW) has closed financial year 2021 with a profit of 8.4 million Swiss francs. The sharp rise in electricity prices observed at the end of the year was mitigated by in-house production in Liechtenstein and abroad. In this context, LKW primarily relied on renewables.

The dental hygiene firm Bonyf has issued a warning against the potential dangers of conventional adhesive agents for dentures that are developed on the basis of petrochemicals. The company has now developed an alternative adhesive cream in the form of OlivaFix Gold based on olive oil.

The University of Liechtenstein has presented the graduates from its Digital Legal Officer study program with their degree certificates. The next intake of Digital Legal Officers will start their studies this coming May. Nägele Rechtsanwälte is offering a scholarship for this certificate program.

The VP Bank has bestowed awards on four graduates of its Compliance Officer course at the University of Liechtenstein. The VP Bank Compliance Award involves finding solutions for relevant case studies. The winning team receives prize money of 5,000 Swiss francs.

Liechtenstein offers the best environment in the world for philanthropic engagement. This is a finding from the Global Philanthropy Environment Index 2022 compiled by the University of Indiana.

The three large Liechtenstein banks are providing refugees from Ukraine with a fee-free account connection until further notice. With this free access to banking, they are helping persons from Ukraine with protection status “S” cope with their daily lives in Liechtenstein as quickly as possible.

As of now, start-ups in Liechtenstein can access the Innosuisse Start-up Coaching platform. The Swiss Innovation Agency is offering three programs in this context. Under each program, experienced entrepreneurs or specialists will consult with the participating start-ups.

The Bell Food Group is dividing its Convenience business area into three independent divisions: Eisberg, Hügli und Hilcona. The division heads will also join the Group Executive Board. The restructuring is aimed at facilitating more direct market cultivation for Bell Food

Three ambassadors from Benelux countries have met the Liechtenstein Bankers Association for the first time during their visit to Vaduz. In addition to issues relating to the European market, sustainability, and digitization, the war in Ukraine was a central topic.