News
25 Aug 2021
The meeting between finance ministers of the German-speaking countries took place in Liechtenstein for the third time in 2021. The consequences of the pandemic were the main focus of the session between the finance ministers of Austria, Germany, Liechtenstein, Luxembourg and Switzerland.
24 Aug 2021
The business volume of the LLB Group exceeded 100 billion Swiss francs for the first time in the first half of 2021. At just over 71 million Swiss francs, the bank recorded its best half-year result for Group net profit of the past decade. Client assets under management also increased significantly in the half year under review.
24 Aug 2021
Under the aegis of Liechtenstein Marketing, Liechtenstein will be making a guest appearance at the Swiss Green Economic Forum this year. The innovation forum on September 2 at the ZHAW is being held under the motto: “Liechtenstein: How can an entire economic area become sustainable?”.
24 Aug 2021
VP Bank has launched a platform for private market investments. The Vaduz-based banking group will make its own services in addition to those from third parties available via the platform. There is no requirement for users to have a custody account with VP Bank in order to use the ORBIT ecosystem.
18 Aug 2021
Hilti has welcomed a total of 18 new apprentices at the start of the educational year. Two are taking Way-up Apprenticeships as design engineers at the Liechtenstein-based tool manufacturer. Third-year apprentices at Hilti are currently gaining experience at a junior enterprise.
17 Aug 2021
More than nine in every ten companies have assessed the general economic landscape at the end of the first half of 2021 as good or satisfactory. No fundamental changes to the situation are expected during the current quarter.
17 Aug 2021
At just under 30 million Swiss francs, the VP Bank Group has doubled its Group net income in the first half of 2021. The cost-income ratio improved to 79.4 percent. Client assets under management also rose significantly during the reporting period.
10 Aug 2021
An environmentally friendly heating system has been installed on the roof of the health center in Dielsdorf. This should result in savings of 29 tons of CO2 per year. The system was installed by the Liechtenstein firm Hoval.
30 Jul 2021
The Liechtenstein Cryptoassets Exchange (LCX) is joining forces with the company Hedera Hashgraph. This partnership will aim to develop a new infrastructure for security tokens and tokenized digital assets.
29 Jul 2021
INFICON recorded significant increases in sales, operating profit, and gross profit in the first half of 2021 year on year. Furthermore, the measurement technology company with a site in Balzers in Liechtenstein saw growth in Q2 2021 versus Q1 2021.
23 Jul 2021
Students from the University of Liechtenstein have developed innovative business concepts in tandem with start-ups and small firms that aim to convey normal shopping experiences. These experiences from physical retail were transferred over to online channels.
21 Jul 2021
Liechtenstein’s international trade has grown strongly in both directions in the second quarter of 2021. Growth of exports was twice as strong as imports. Germany remains the most important trade partner in both directions.
16 Jul 2021
Hilcona now also supplies to Swedish school caterers. The fit@school concept, which has already seen success in Switzerland, England, Germany, Austria, and France, will now be implemented there with a large logistics company.
15 Jul 2021
LGT, the bank owned by the royal family of Liechtenstein, is acquiring a stake in the German digital asset manager LIQID. The partners also agreed on a collaboration, which will see LGT jointly shaping LIQID’s investment strategy for its asset management offering in future.
8 Jul 2021
LGT Private Banking launched its impact investment fund in May. After oversubscription five times the target size, the Lightrock Evergreen Fund has now closed fundraising with a volume of 900 million US dollars. LGT clients and staff were able to invest in it.
8 Jul 2021
Amnesty International, Swiss Section is now accepting cryptocurrency donations. These are being processed by Bank Frick of Liechtenstein. It has developed a model that can be used to check the origin of these transactions.
1 Jul 2021
The economy of Liechtenstein has not suffered greater losses from the pandemic than other developed countries. In particular, the country’s finance sector showed a high level of resilience.
30 Jun 2021
Hilcona has been able to steadily increase the organic share within its pasta products in recent years. Currently, organic pasta makes up a share of 30 percent. Organic is a key market for the food manufacturer from Schaan.
25 Jun 2021
NSF is launching its first product in the field of digital lending. A new investment fund from the asset management and trust company NSF is to make diversified investments in Swiss and Liechtenstein SME loans. For this, NSF will use the software developed by i2 invest.