WIR Bank becomes main shareholder of Cargo sous terrain
Cargo sous terrain (CST) AG has taken on WIR Bank Genossenschaft as its new main shareholder. At the Annual General Meeting, bank CEO Bruno Stiegeler was elected to the Board of Directors.
WIR Bank Genossenschaft is the new main shareholder of Cargo sous terrain (CST) AG. It thus joins the ranks of other well-known Swiss companies supporting the total logistics system of the future. The commitment is also underlined in terms of personnel: Bruno Stiegeler, Chairman of the Management Board of WIR Bank, has been elected to the Board of Directors of CST AG by the General Meeting of Shareholders - and the bank's Chief Financial Officer Mathias Thurneysen will sit on the Finance Committee. "We want to actively participate in a sensible and promising solution," says Stiegeler about the Swiss cooperative bank's commitment.
With CST, Switzerland is to have a privately financed and digitally controlled overall logistics system from 2031 that will ensure the competitiveness of the economy and the quality of life for residents in the long term. "This project is in the interest of all Swiss companies," says Stiegeler - accordingly, he wants to bring the "SME spirit" to the project.
CST AG emerged in 2017 from the sponsoring association that has existed since 2013. Numerous Swiss companies from the transport, logistics, retail, telecom, finance, industry and energy sectors are involved in the implementation of Cargo sous terrain as investors, shareholders and project partners and are collaborating on the solution concept. In January 2020, the Federal Council had created the legal basis for Cargo sous terrain - A corresponding message to parliament is to be prepared by the second half of the year. (bw)
