CSEM Presents a Balanced Result

Despite the reserve of Swiss industries rendered cautious by the financial crisis in Europe, CSEM has managed to maintain its volume of services and concludes the 2012 financial year with a healthy balance sheet and a balanced result. At its Annual General Meeting (AGM), the center announced a significant increase in the number of mandates for industry and a turnover of nearly 70 million francs.

CSEM revenues for the year 2012 recorded only a very slight decline to CHF 69.9 million (2011: 70 million). The center also consolidated its level of services, especially to industry.

“Projects with industrial partners largely increased in 2012, which particularly pleased me,” said Mario El-Khoury, CEO of CSEM. Despite the less favorable economic climate, CSEM has maintained its number of direct industrial mandates at a high level, and is particularly satisfied by the significant growth in revenues from projects funded by the Commission for Technology and Innovation CTI (+133%). “This reconfirms the appropriateness of the initiative in times of crisis and our privileged position as an institution dedicated to innovation and technology transfer,” said El-Khoury.

With its regional sites in Alpnach, Landquart, Muttenz, and Zurich, CSEM led 185 projects, mostly in Switzerland.

“It is with confidence and enthusiasm that CSEM has started the year 2013,” concluded Claude Nicollier, Chairman of CSEM’s Board of Directors.