Zühlke simplifies employee participation with digital shares
The Zühlke Group digitizes its shares via the digital share platform daura. This enables Swiss SMEs to simplify and streamline processes in the areas of corporate governance and finance.
To simplify the administration of employee shares for its approximately 60 partners, the Zühlke Group will work with daura. daura AG operates a platform for the digitalization of Swiss SME shares. By using the platform, different classes of shares, e.g. specifically for employees, can be digitally represented with supplementary agreements. This enables shareholders to obtain and manage their shares directly via the Internet – free of charge and independent of their domicile. For the company, the administrative effort involved in managing the share register and corporate actions is reduced, at the same time. daura relies on a trustworthy blockchain infrastructure operated in Switzerland by Swisscom and Swiss Post.
«The Zühlke Group is growing steadily – and therefore the number of partners as owners of the company. From a governance point of view, it is essential for us to maintain a secure share register. The solution from daura is innovative, fits our needs and reduces our administrative workload», says Marco Pizzorusso, CFO of the Zühlke Group.
Peter Schnürer, CEO daura adds: «Employee shares are particularly important to us. They are an expression of modern corporate and personal management. The handling of employee shares is significantly simplified and supported by daura.»
The technology company daura digitises the shares of small, medium-sized and established companies from Switzerland using blockchain technology. The daura platform will make the processing of capital increases more convenient, simplify ledger management and increase the efficiency of shareholder meetings. It allows large groups of people to be linked by shares to the company. Shareholders on the platform can access new opportunities to invest in Swiss SMEs and can use daura to digitally manage their company shares themselves. daura is a joint venture by the established and innovative Swiss partners Swisscom, SIX, Sygnum Bank, Luka Müller (MME) and Christian Wenger (Wenger & Vieli).
Find out more: www.daura.ch
As a global innovative service provider, Zühlke creates new ideas and business models for customers in a wide range of industries. Based on new technologies, Zühlke creates and transforms services and products – from the initial vision through development to deployment, production and operation. In addition, the venture capital arm Zühlke Ventures provides start-up financing in the high-tech sector. Zühlke was founded in Switzerland in 1968 and is owned by partners. Its 1200 employees are based in Bulgaria, Germany, United Kingdom, Hong Kong, Austria, Switzerland, Serbia and Singapore.
Find out more: www.zuehlke.com