As communicated in the ad-hoc announcement on December 13, 2023, the Criminal Chamber of the Federal Criminal Court acquitted two employees of Burckhardt Compression AG of all allegations of exploiting insider knowledge in the purchase of shares for the company’s ordinary employee stock ownership program. The Office of the Attorney General (OAG) has filed an…
Today, Burckhardt Compression successfully placed a bond of CHF 150 million on the Swiss capital market. The bond has a term of 4 years, an annual coupon of 1.5606% and matures in September 2028. The proceeds from the transaction will be primarily used to refinance the outstanding CHF 100 million bond and for general corporate…
The global biogas market is on the rise, expected to grow from 5% to 20% by 2040 according to the International Energy Agency (IEA), with higher growth rates expected in developing countries. Biogas installations play a crucial role in decarbonization by converting organic waste into valuable energy, reducing methane emissions, and contributing to the circular…
Burckhardt Compression, a leading provider of reciprocating compressor systems, has announced its intention to propose the election of Tatiana Gillitzer as a new board member at the General Shareholder Meeting on July 5, 2024. Tatiana Gillitzer, a US-citizen, is a business leader with over 25 years of working and management experience in international organizations. She…
Winterthur, October 12th, 2023 — Burckhardt Compression AG and PROGNOST Systems GmbH announce that they have earned the highly regarded IEC62443-4-1 certification, reaffirming their commitment to delivering top-tier cyber security for their cutting-edge Internet-connected products, including advanced data analytics solutions. This accomplishment underscores their dedication to safeguarding the integrity and reliability of their connected solutions….
Fiscal year 2023 is an important year, marking the beginning of our new Mid-Range Plan. In addition to delivering the substantial orders received in the last two years, the overarching theme in fiscal years 2023 to 2027 will be “transforming for a sustainable energy future”. Essentially this will involve strengthening our core business, developing new…
5 questions to Veronika Schelling, Hydrogen Mobility & Energy Leader Hydrogen has long been called the “fuel of the future”. Is it currently having its breakthrough moment? Yes, it has clearly taken off in the past 18 months. The Biden administration’s Inflation Reduction Act (IRA) and the EU’s Delegation Act (DA), passed in February 2023,…
Burckhardt Compression has been informed that the combined ownership of the MBO shareholder group is now reduced to 9.97%. The MBO group remains the largest shareholder of Burckhardt Compression and, as previously informed (News, dated December 15, 2020), has a renewed five year shareholders’ agreement in place with a term until May 2026. With a…
By taking over some of SPANs assets and about two dozen employees, Burckhardt Compression further strengthens its presence in Thailand and in Southeast Asia to optimally serve its customers in the region. SPAN Maintenance and Service Co., Ltd. has been servicing customers in Thailand since 2015 for the maintenance of various rotating equipment, especially reciprocating…