Dutch mail, express and logistics company, TPG N.V. Wednesday said that through its business unit TNT Logistics Italy, the company has started an official procedure in Italy to obtain the approval for a 12-month work stoppage for 665 employees at Fiat Auto’s Torino Mirafiori plant.
Read MoreDeal Survey
Read MoreThe Italian post office is to add €250 million to its existing issue of bonds, which mature on 3 July 2012 with a coupon of 5.25 per cent. Deutsche Bank and J. P. Morgan Securities are to lead manage the operation.
Read MoreFacing competition in low volumes
Read MoreHays has opened a new parts-management distribution centre in Madrid for Iveco –the £10 million investment in Spain is the latest move in a £200 million, five-year pan-European logistics solution developed by Hays in partnership with Iveco.
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