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Media Reports
Sorted alphabetically by company names by order of most recent date.
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Nestlé S.A. (Nestle)
Country: Switzerland
Exchange: Virt-x
BBC News | EUROPE | Swiss come clean on Nazi dealings
Swiss businesses were making use of slave labour, mostly imported by the Nazis from eastern Europe, in their German subsidiary companies. The research was carried out by an independent commission led by Swiss historian Jean Francois Bergier, mandated by parliament to shed light on the country's past.
The report says that companies like AIAG and BBC, which supplied basic materials, as well as food giant Nestle, were aware that forced labour was being used in their German subsidiaries. "As a rule they were not worried or uneasy about the situation, and as long as production was maintained they had no thoughts of intervening in the management or personnel policy of their subsidiaries," says the report.
Thursday, 30 August, 2001
Company names appearing in this article are:
  • ABB Ltd. (Brown Boveri & Cie, AG ("BBC")
  • Algroup/Alusuisse Group AG (ALIG) previous to that known as Swiss Aluminium Industrie AG (AIAG), now owned by Alcan, Inc. (Canada)
  • Nestlé S.A. (Nestle) (Switzerland)
BBC News | EUROPE | Swiss firms meet slave labour deadline
Swiss firms have been complying with a Friday deadline set by a judge in the United States to declare whether or not they benefited from slave labour during World War II. It is now believed at least 11,000 slave labourers were employed by Swiss companies with affiliates in Nazi Germany.
Some of the companies using slave labour remain among the most famous in Switzerland - for example engineering firm Brown Boveri, or food giant Nestle, whose German affiliate Maggi replaced the swastika flying over its factory with the Swiss flag just hours before the arrival of allied forces in 1944.
Friday, 25 August, 2000
Company names appearing in this article are:
  • ABB Ltd. (Brown Boveri & Cie, AG ("BBC")
  • Nestlé S.A. (Nestle) (Switzerland)
NARA - Holocaust-Era Assets - Turning History into Justice: Holocaust-Era Assets Records, Research, and Restitution
U.S. National Archives & Records Administration
War and Civilization Lecture University of North Carolina-Wilmington, North Carolina
April 19, 2001
Greg Bradsher
From the end of World War II until five years ago the Holocaust was primarily viewed as the greatest murder in history. And indeed it was. But since the spring of 1996 it has become ever more apparent that the Holocaust was also the greatest robbery in history. The Nazi-era witnessed the direct and indirect theft of well over $150 billion of tangible assets of victims of Nazi persecution.
Company names appearing in this article are:
  • Assicurazioni Generali (Italy)
  • Allianz AG (Germany)
  • Ford Motor Company (USA)
  • Nestlé S.A. (Nestle) (Switzerland)
Vatican Bank Claims
May 11, 2001
Ukrainians, Serbs, Russians and others who were forced to work for Swiss owned firms such as Nestle, Ciba-Geigy, Sandoz, Novartis, Hoffmann-La Roche, Maggi, Wander, and many other companies in Germany, Switzerland, Poland, Austria. Italy, France, Belgium, Romania, Czechoslovakia, Denmark, Hungary, and Norway now may be compensated.
Company names appearing in this article are:
  • Nestlé S.A. (Nestle) (Switzerland)
  • Ciba and Geigy (Novartis)
  • Sandoz (Novartis)
  • Novartis AG (Ciba and Geigy merged in 1970, Sandoz and Ciba integrated to form Novartis in 1996) (Switzerland)
  • Hoffmann-La Roche (Hoffmann-La Roche Inc. (Roche), based in Nutley, N.J., is the U.S. prescription drug unit of the Roche Group) (Switzerland)
  • Maggi (a subsidiary company of Nestlé S.A. (Nestle) (Switzerland)
  • Wander AG (Switzerland)
BBC News | EUROPE | Swiss bank exploited Nazi slaves
One of the world's biggest banks, UBS, admits for the first time that it exploited Nazi slave labourers from Auschwitz during World War II. It is the first time the bank, which prevented Holocaust survivors and their families from retrieving their wartime assets, has admitted exploiting slave labour.
Monday, 7 August, 2000
Company names appearing in this article are:
  • UBS (Union Bank of Switzerland)
  • Credit Suisse Group (Switzerland)
  • Nestlé S.A. (Nestle) (Switzerland)
  • Roche Holding AG now known as Roche Group (Switzerland)
  • Novartis AG (Switzerland)
Swiss firms block access to records of Nazi-era slave labor
Friday October 31, 1997 - Thursday November 6, 1997
Jewish Telegraphic Agency
Panel members cited the chocolate manufacturer Nestlé as an example, saying the company refused to cooperate when the commission sought records about its Maggi subsidiary, which employed thousands of war prisoners and Jewish slave laborers at its factory located in Germany near the Swiss border.
Company names appearing in this article are:
  • Nestlé S.A. (Nestle) (Switzerland)
IOM - Holocaust Victim Assets Programme
International Organization for Migration - Holocaust Victim Assets Programme
Slave Labour Class II List
Claimants who plausibly demonstrate that they performed slave labour for one or more of the companies on the Slave Labour Class II List are eligible for compensation.
Each company appearing on the list meets the following criteria:
  • (a) it timely identified itself to the Special Master as required by the Court's Order of 26 July 2000;
  • (b) it was Swiss-owned in whole or in part during the Nazi era; and
  • (c) it has provided the Special Master with names of persons believed possibly to have been slave labourers, or it has represented that such names are unavailable despite diligent investigation.
A company's appearance on the Slave Labour Class II List does not necessarily mean that it used slave labourers.
Slave Labour Class II List organized by parent company:
  • ABB Ltd. (Brown Boveri & Cie, AG (BBC), Germany; Österreichische Brown Boveri Werke, Vienna, Austria)
  • Albers & Co.
  • Algroup/Alusuisse Group AG (ALIG) previous to that known as Swiss Aluminium Industrie AG (AIAG), now owned by Alcan, Inc. as of year 2000 (Canada)
  • Bucher Industries
  • Bühler AG
  • Ciba Specialty Chemicals Holding Inc. (Ciba-Geigy Limited; Ciba AG; J.R. Geigy AG) Now Novartis AG (Switzerland)
  • Clariant AG Now Novartis AG (Switzerland)
  • Danzas Holding AG
  • GABA Holding (DOMA AG)
  • Georg Fischer AG
  • Hesta AG/Hesta Tex AG
  • Holderbank Financiére Glaris Ltd.
  • Lonza Group Ltd.
  • Nestlé S.A. (Switzerland)
  • Novartis AG (Sandoz AG; Ciba AG; J.R. Geigy AG, Durand Huguenin AG; Wander AG) (Switzerland)
  • Robt. Schwarzenbach & Co. AG
  • Roche Holding AG now known as Roche Group (Switzerland)
  • Schindler Holding Ltd. (Schindler Management Ltd.)
  • Sefar Holding, Inc.
  • Sihl AG
  • Sika Finanz AG
  • Stehli Seiden
  • Stromeyer & Co.
  • Sulzer AG (Gebrüder Sulzer)
  • Unaxis Holding AG (Werkzeugmaschinenfabrik Oerlikon AG)
  • Villiger Söhne Holding AG
  • Von Roll Holding Ltd. (Gesellschaft der Ludw. Von Roll'schen Eisenwerker AG

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