Switzerland, June 29 -- ABB has become one of the guarantors from the private sector to Switzerland's bid to host the Olympic and Paralympic Winter Games in 2038, joining the community of "flag bearers" of the project that already includes On and Sunrise. The company has committed to provide CHF 20 million to the delivery guarantee undertaken by private companies. The guarantee would be called upon if a deficit were to arise after the 2038 Olympic and Paralympic Games take place.Switzerland is currently in a 'privileged dialogue' with the International Olympic Committee (IOC) reserving it the right to develop its candidacy for the Olympic and Paralympic Winter Games 2038 until the end of 2027. With its application, Switzerland would become ...