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Ad hoc announcements

AIT Group makes acquisition in the HVAC sector

Zürich-based Atel Installationstechnik (AIT) Group is acquiring Luwa Schweiz AG, a leader in premises ventilation and air conditioning, from Zellweger…


Atel, EOS form new leading Swiss energy group in association with EDF

The agreements on the disposal by UBS of its majority shareholding in Motor-Columbus to a predominantly Swiss-owned consortium, and on the planned…


Atel’s full-year results for 2005

Aare-Tessin Ltd. for Electricity (Atel) ended the 2005 financial year on a high note. Over 8,300 employees in more than 20 trading and sales companies…


Atel: new management responsibilities for the Energy Services segment


New Atel / EOS energy group

Swiss and European Union (EU) competition authorities have granted unconditional approval to the disposal by UBS of its majority shareholding in…


Final 2005 results

Aare-Tessin Ltd. for Electricity (Atel) ended the 2005 financial year in encouraging form. The energy group increased sales by 25% to CHF 8.6 billion,…


Successful Fiscal Year 2005

For fiscal 2005, the Motor-Columbus Group’s consolidated sales rose 25% to CHF 8.58 billion and net income including minority interest increased 22%…


Atel strengthens its industrial automation activities

Atel Installationstechnik AG, Zürich, is taking over Indumo AG in Buchs (AG) with its 50 employees effective 31 December 2005. This acquisition…


Takeover Board recommendation

The three companies Motor-Columbus AG of Baden, Aare-Tessin Ltd. for Electricity (Atel) of Olten, and Società Elettrica Sopracenerina S.A. (SES) of…


Operating results for Q3 2005

The business results for Aare-Tessin Ltd. for Electricity (Atel) for the first nine months of 2005 are better than the results for the corresponding…


Atel acquires power plant in the Czech Republic

Olten-based Aare-Tessin Ltd. for Electricity (Atel) has acquired the Moravske Teplarny thermal power plant in the Czech Republic. Located near the…


Reinhold Frank new member of Atel's Executive Board


Motor-Columbus purchase negotiations finalised

On 29 September 2005, a consortium with Swiss majority signed the contracts for the purchase of UBS’s 55.6% stake in Motor-Columbus. The conditions…


First Half Results of the Motor-Columbus Group

The Motor-Columbus Group, in particular Atel and its group companies as the principal subsidiary operations, posted a solid result for the first half…


Atel Group results for the first half of 2005

Aare-Tessin Ltd. for Electricity (Atel) turned in a positive performance for the first half of 2005. Turnover grew by 12 percent to CHF 3.8 billion…