News
News found: 10
2021
-
- 31.08.2021
- Air, Group
- Media release
RUAG International develops positively in the first half of 2021
RUAG International substantially improved its business performance in the first half of 2021. Order intake and sales developed positively for both Space and Ammotec, and the aerospace business stabilized. At CHF 575 million, consolidated net sales were on a par with the previous year (CHF 570 million). EBIT is again clearly positive at CHF 26.9 million (previous year CHF -41.7 million).... More
-
- 06.07.2021
- Air, Group
- Media release
fitINDUSTRY continues machining business of RUAG Aerostructures in Emmen
At the Emmen site, fitINDUSTRY Emmen AG is taking over all the machines and employees of the machining division and is seamlessly continuing production. Customers will continue to benefit from the many years of know-how as well as the broad industrial expertise of the new partner. RUAG Aerostructures in Emmen continues to act as a Tier 1 supplier and manages the entire associated value chain with competent partners.... More
-
- 26.02.2021
- Air, Group
- Media release
Ralf Drees appointed new Head of Aerostructures at RUAG International
A change in management is taking place in RUAG International's aerostructures business. Ralf Drees will take over as head of the business from March 15, 2021. His goal: to position Aerostructures for the future. Dirk Prehn has decided to leave RUAG Aerostructures after six years with the company.... More
2020
-
- 08.12.2020
- Air, Group
- Media release
The production site of RUAG Aerostructures in Hungary was approved as an independent production organisation by the European Union Aviation Safety Agency (EASA) in early December. The EASA Part 21G certificate enables the company to supply assemblies and structural parts directly to customers or to integrate them into aircraft. ... More
-
- 12.10.2020
- Air, Group
- Media release
RUAG International reacts to Covid-19 consequences
The effects of the Corona pandemic are forcing RUAG International to accelerate and expand the transformation it has begun following unbundling, in order to ensure the company's future viability. A rigorous austerity course and a reduction in the workforce, especially in support functions, are unavoidable.... More
-
- 28.08.2020
- Air, Group
- Media release
RUAG International reported negative EBIT and declining sales in the first half of 2020, due in particular to the COVID-19 pandemic. Net sales decreased by 10.9 % to CHF 570 million (previous year’s period: CHF 640 million). EBIT fell to CHF -42 million (CHF -11 million). ... More
-
- 17.06.2020
- Air, Group
- Media release
RUAG Holding becomes RUAG International Holding
Today, the shareholders’ meeting has decided to change RUAG Holding Ltd’s name to RUAG International Holding Ltd. In addition, the shareholders’ meeting has approved the 2019 annual report and grants discharge to the members of the board of directors and the group’s executive board. RUAG Holding does not distribute any dividend to the Swiss Confederation.... More
2019
-
- 30.08.2019
- Air
- Media release
Unbundling on course – special costs impact half-year result
For international technology group RUAG, the first half of 2019 was very much dominated by the process of unbundling and restructuring. As expected, this has a considerable impact on the half-year result. At CHF 19 million, the overall EBIT was lower than the previous year’s figure of CHF 41 million. The order book improved by 7.4% to CHF 1,819 million. Owing to exchange rate effects, net sales fell slightly by 1% year on year to CHF 944 million (previous year: CHF 954 million).... More
-
- 18.03.2019
- Air, Group
- Media release
Federal Council decides on the future of the RUAG technology group
At its meeting on 15 March 2019, the Federal Council approved RUAG's proposals and decided to further develop RUAG International into an aerospace technology group and fully privatise it in the medium term. ... More
2018
-
- 11.10.2018
- Air, Group
- Media release
Organisational and personnel decisions as part of the unbundling project
... More