Word: zuricher
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...business secrecy placed in the path of expanding business activity. He decided to shatter the secrecy with an organization that would function partly like a Wall Street brokerage house and, by necessity, partly like the French government's intelligence-hunting Deuxième Bureau. With a loan from Zurich's Swiss Credit Bank, he opened offices in his apartment: his staff used a bedroom and dining room, his secretary typed in the bathroom, and the mimeograph machine whirred in the kitchen. Eurofinance made a profit the second year, moved to its present elegant quarters on Paris' Avenue...
...overseas," says Dow Chairman Carl A. Gerstacker, who this week reported 1965 sales of $1.17 billion, 25% of them from outside the U.S. On Jan. 1, a reorganization plan took effect within Dow under which European operations, which account for $150 million of the sales, were folded into a Zurich-based division called Dow Chemical Europe. The new operating division is run by Zoltan Merszei, 43, a Hungarian-born Canadian citizen, who reports directly to Dow's Midland, Mich., headquarters rather than through an international division; he is responsible for his own budget, product % priorities, advertising and new-business...
...have pioneered the self-service supermarket, but the Swiss are leading the way toward putting it on the honor system. Last week the big Migros Federation (1965 gross: $450 million) announced that after a successful six-month trial in a suburban Zurich store, it was extending an honor-system checkout to other stores...
...stoic banking center of Zurich is the only city in stolid Switzerland that can claim to have fostered an art movement. Ironically, it was dadaism, which purported to prize meaninglessness over meaning. The movement was born one day in 1916 in Zurich's Cabaret Voltaire, where a couple of artistic types flipped open a dictionary and chose the first word that struck their...
Last week staid old Zurich celebrated dada's 50th anniversary. Over a thou sand gathered where the Cabaret Voltaire once stood (and Lenin once lived...