Tag: Italy

New TNT Express depots in Germany and Italy

TNT Express has laid the foundation stone for a new logistics centre at Rostock airport in northern Germany, investing EUR 3.7 million in the new depot. In addition, the company opened two new branches in Italy this month.

In spring 2009, the current depot in Guestrow, which is 17 km away from Rostock, will be moved to the new site, which lies on a 12,000 sqm plot of land. Some 40 employees will work at the new facility.

Separately, TNT Express Italy has opened two new branches. The new depot at Verona, northern Italy, where about 200 staff are employed, is located in an industrial area close to the nearby motorway and benefits from the latest security facilities. The site is used for local distribution during the day and as a sorting hub for nationwide shipments during the night. TNT also opened a new branch at the coastal port of La Spezia following an investment of some EUR 400,000.

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EU OKs aid on Poste Italiane bond distribution

Remuneration paid by Italy to Poste Italiane for postal bond distribution between 2000 and 2006 did not constitute illegal state aid because it was in line with market rates, the European Commission ruled on Wednesday. .
The Commission started looking into Poste Italiane’s activities in postal bond distribution in 2006, following a complaint.
Poste Italiane is remunerated for distributing postal savings books and postal bonds on behalf of Cassa Depositi e Prestiti, whose mission is to foster the development of public investment, local utility infrastructure works and major public works of national interest.
Postal bonds are fund-raising instruments with a low risk profile, as reimbursement is state-guaranteed. The services of placement, management and redemption of postal bonds have to be free of charge for the subscribers.
The collection of postal savings through Poste Italiane on behalf of Cassa Depositi e Prestiti has been qualified as a Service of General Economic Interest since October 2004.
This means Poste Italiane is entitled to receive remuneration for the distribution of postal bonds as compensation for the provision of this public service obligation.
Since 2000, this remuneration has been based on successive Italian conventions.

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time:matters opens branch offices in Italy and Norway

time:matters is continuing to pursue its internationalisation strategy with the opening of two additional foreign branches in Italy and Norway.

The new branch offices are located at Milan and Oslo and both focus on the international time-critical spare parts logistics which the company sees as a growth segment within the logistics industry. time:matters is especially targeting customers from the medical technology, high-tech, engineering and automotive industries in Italy and Scandinavia due to the steadily growing need for customised solutions in all logistics segments.

The logistics provider is now represented in seven European countries, and also operates a branch in Singapore which is responsible for activities and customer relations in the Asia-Pacific region.

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