TNT plans USD1 million Bahrain expansion
The investment comes as the company anticipates a 40% surge in business from the Kingdom through its Middle East Road Network (MERN).
‘These new facilities will enable us to refine and expand our existing operations and allow us to deliver even more value added services to our customers,’ said Ahmed Gamal, Country Manager – Bahrain, TNT Express.
TNT Express, the world’s leading B2B express delivery company, has unveiled plans to invest US $1 million in additional bonded warehouse facilities and new offices in Bahrain.
‘This expansion is also a direct response to growing region-wide demand for end-to-end logistics solutions and to accommodate TNT’s annual growth rate of 30% in our express business. We are focusing on our core express business and networks and success in this area is dependant upon high quality bonded facilities.’
TNT’s planned investment is expected to create an additional 20 jobs for Bahraini nationals.
‘We are determined to create competitive advantage through recruiting, maintaining and developing high quality employees,’ added Gamal.
‘We have created a number of new positions and promoted several Bahrainis into key roles. We believe this trend will continue in line with our business growth and provide great opportunity for high calibre nationals.’
TNT’s most recent Bahraini recruits are Habib Abdulla Habib who was appointed Hub Controller, where he will be responsible for all inbound and transhipment consignments and Mohammed Al Madhoob who has been promoted to Operations Controller after five years in the company as Warehouse Agent in Manama.
TNT Express is the world’s leading business to business express delivery company. The company delivers 3.4 million parcels, documents and pieces of freight a week to over 200 countries using its network of nearly 900 depots, hubs and sortation centres. TNT Express operates over 19,000 road vehicles and 42 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.
TNT Express employs 45,000 staff worldwide and is the first ever organisation to achieve global recognition as an Investor in People. The company reported sales in 2004 of €4.7 billion. Profits of €96 million earned by TNT Express during Q3 2005 were higher by 37.1% than the same period in 2004 (€70 million). The TNT Express website is: www.tnt.com
TNT N.V. is a global provider of mail, express and logistics services. The group employs over 162,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of €12.6 billion. TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt. The TNT N.V. website is: http://group.tnt.com
For further information please contact:
Sarada Chellam
MCS/Action, PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
Or
May Mohr
MCS/Action, P.O. Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
