A total of 20 Idea Teams presented their concepts at the Altes Kino in Vaduz this year. Overall, 12 of these are being supported within the framework of the Ideenkanal initiative. At the end of the process, three teams will be chosen to receive prize money.

LLB Group has set out its new strategy for the next five years. It focuses on growth, efficiency and sustainability. The ACT-26 strategy will reduce the number of business areas from six to five. Digital transformation will also be boosted.

The Liechtenstein Bankers Association is joining the UN-convened Net-Zero Banking Alliance. It is thus committing to reduce its operating emissions to net zero by 2030. All of the major banks in the Principality of Liechtenstein have joined the alliance.

Schaan/Vaduz - Liechtensteinische Kraftwerke (LKW) and the LIFE Climate Foundation have launched a new impulse program for the installation of charging infrastructure. The aim is to put in place 40 basic installations in apartment buildings and workplaces at a cost of 400,000 Swiss francs overall.

Schaan – The ravioli with ricotta di bufala e spinaci produced by Hilcona, a company based in Schaan in Liechtenstein, has won a Bestseller award. It is conferred annually for successful new products by the Rundschau für den Lebensmittelhandel. Hilcona’s product triumphed in the group of chilled manufactured products.

Vaduz – Many private households in Liechtenstein have high levels of debt. However, the low vulnerability of deposits and financing help to mitigate risks. These are the findings of the country’s Financial Market Authority in a recent report. It hopes to increase awareness of risks.

Bad Ragaz SG/Balzers – INFICON has registered double-digit growth year on year for sales and net profit in the third quarter of 2021. However, procurement bottlenecks have had a negative effect on the growth course. In spite of this, the measurement technology company with a site in Balzers, Liechtenstein, is increasing its sales target.

Vaduz - Liechtenstein has another Gold Label Energy City. Following Planken and Ruggell, the capital city Vaduz has now also been awarded a gold medal.

A research group from the University of Liechtenstein has developed a novel approach to process management at the construction machinery manufacturer Hilti. The researchers were recently awarded an innovation prize in Italy for their work.

Hilti, a company based in Liechtenstein, took eleventh place among the world’s best employers for 2021. This is the fifth time in ten years that Great Place to Work, a research and consultancy institute for workplace culture, has named Hilti on its list of the World's Best Workplaces.

Bank Frick will be awarding a scholarship for a Blockchain and FinTech certificate program. The course was established by the University of Liechtenstein at the initiative of the private bank. The focus is on a technological redesign of existing financial management systems.

VP Bank is joining forces with the center for Artificial Intelligence at the Swiss Federal Institute of Technology in Zurich (ETH AI Center). The Vaduz-based bank is planning to exploit the potential offered by Artificial Intelligence in the financial sector.

A total of seven start-ups and growth firms will have the opportunity to present their business models to a top-level audience at the Investor Summit Liechtenstein. Prince Max von und zu Liechtenstein and the investor Carsten Maschmeyer have been announced as speakers at the event, which will take place on November 30.

The Green Mountain is expanding its range of vegan meat substitutes. The Graubünden startup, which is part of Hilcona AG in Liechtenstein, is launching a plant-based schnitzel on the market.

VP Bank has joined the Net-Zero Banking Alliance founded by the United Nations. In so doing, the Liechtenstein-based private and intermediary bank has committed to aligning its lending and investment portfolios with net-zero emissions. The aim is to achieve this by 2050 at the latest.

In terms of the attention garnered by its publications, the University of Liechtenstein ranks among the elite. In the 2021 rankings from U-Multirank, it placed in the top 25 for the category “top cited publications”.

LGT Private Debt has worked together with the Parisian private investment platform Capza on a unitranche facility for the acquisition of Groupe Blanchon. IK Investment Partners will be the majority shareholder.

The Liechtenstein Bankers Association will in future be cooperating with the Blockchain Research Institute. The think-tank, which is based in the Canadian city of Toronto, aims to empower business leaders to become catalysts of the blockchain transformation.

The cover ratio for Liechtenstein pension funds developed positively over the course of the pandemic year of 2020. All 17 pension funds registered a cover ratio of more than 100 percent. On average, this value rose from 113.5 percent to 114.0 percent in comparison with the prior year.

LGT Private Debt hat provided unitranche financing for the takeover of the Paris-based building renovation specialist Résilians by Motion Equity Partners. Résilians offers renovation services after a building has suffered fire or water damage.