Companies

SBM, Monte Carlo, London and Morocco

Monte Carlo SBM may invest in London.

New CEO for Mecaplast

Christine Benard at the wheel.

Louis Dreyfus bets on Mangas Gaming

French commodities trader is about to become a shareholder in the online gambling company jointly owned by Monaco's Societe des Bains de Mer (SBM) and French TV producer Stephane Courbit's company Financieres Lov.

Monaco Telecom plans for 2010

What can we expect in the New Year.

Monaco motors on electricity

Electric vehicles are quietly gaining space on the road.

Monte Carlo SBM's shareholder meeting

Shareholders met at the end of September to review the 2008-09 results.

Step aside for Mont Charles de Monaco

Most of the fashion houses packed their bags at the end of Paris Fashion Week last Friday, but one company stayed on.

SBM takes a dive

Monte Carlo SBM has reported its financial results shrank by 57% during 2008/09.

CMB sets up in Switzerland

Compagnie Monegasque de Banque (CMB) has opened a branch in Switzerland.

Open air casinos

Gambling in Monte Carlo gets a breath of fresh air.

Monte Carlo SBM opened its first open air casino in April this year. It's a sort of mini-casino attached to the Cafe de Paris, with about 100 slot machines. The 800 000 euros investment will pay for itself by helping to turn around declining attendance in SBM's casinos. Due to the combined effects of the global economic downturn and last November's introduction of the smoking ban in Monaco there's been a 13% drop in the number of visitors.

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