Tag: Europe

3I SEEKS TO SHAKE OFF TECH SECTOR HANGOVER

Posted by | Feb 11, 2002 | |

Corporate profile of 3i, one of Britains top 100 companies.
Its interests lie across all industrial sectors occupied by its fellows in the index of the UK’s largest companies. The company is also a global business, so it reflects the international activities of Britain’s biggest firms. A close association with technology also means 3i has shared in probably the most powerful trend to have affected British business in the past decade. Few companies did not try to hitch themselves to the dot-com bandwagon in the late 1990s. Many are enduring the hangover after the bust.

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Belgiums logistics sector still predicts modest growth

Posted by | Feb 11, 2002 | |

Logistics companies in Belgium are forecasting continued growth, despite flat conditions elsewhere in freight industry.
The biggest Belgian multinational logistics company, ABX Logistics, has recently won a contract with publishing organisation Boek.be which will involve distribution in Belgium. “We have won new international customers in the past year in areas such as healthcare, pharmaceuticals and textiles, which all have Belgian operations,” says a company spokesman. Another speciality is the tailor-made packages the company offers to the white and brown goods industries.

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CSC sheds 30 jobs

Posted by | Feb 11, 2002 | |

Cargo Service Centre is shedding more than 30 jobs from its handling operat ion at Heathrow. alongside a restructuring of the business under new MD Paul Arnold.
The moves are a response to a drop in business at Heathrow.
Its four-person customer service division has been scrapped. l)utv managers will take over customer service.

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Post free-for-all 'Threat to heart of rural economy'

Posted by | Feb 11, 2002 | |

Rural businesses and communities in the Midlands could be crippled by the decision to open up postal services to competition, it was claimed yesterday.
The Country Land and Business Association claimed the two key aspects of the postal service – the national network of 17,500 post offices and the universal service obligation – were threatened by the proposals.

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Consignia talks at Acas despite strike threat

Posted by | Feb 11, 2002 | |

CONSIGNIA, the troubled postal group, has told union leaders that it will tolerate token industrial action as a means of keeping protracted pay talks going.
The Communication Workers Union last week won a ballot for industrial action and has 28 days to implement it. Union leaders are due to meet tomorrow to discuss what type of action might be taken.
Both sides have said they want to carry on negotiations at Acas which today enter their third week. If the union takes no action within 28 days it will lose its mandate and will be forced to reballot.

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