Growth strategies in wholesale distribution
Growth strategies in wholesale distribution
Read MoreTag: Spain
Spain's MRW grows revenues 9%
Spanish express company MRW said its revenues grew to EUR 564 million in 2006, over 9% higher than the EUR 517 million it posted in 2005.
MRW also announced it has continued its network expansion by opening a new branch in Seville.
The new outlet, in Bollulos de la Mitación, is the 32nd MRW has opened in Spain since the beginning of last year – at a rate of over one a fortnight – taking its total number of franchises in Spain, Portugal, Gibraltar and Andorra to 768.
MRW now has 34 in Seville province, 12 of them in the city. Earlier this month, it announced new branches in Murcia and Toledo. It also has 39 logistics distribution platforms totalling around 90,000 sqm, 10,500 staff, 5,000 vehicles and three aircraft.
The company is celebrating its 30th anniversary this year and has used the occasion to upgrade its corporate image.
Read MoreCentreing on Europe’ s “most wanted” list
Centreing on Europe’ s “most wanted” list
Read MoreDHL and MIT-Zaragoza forge logistics research agreement
DHL has concluded an agreement with the MIT-Zaragoza International Logistics Program to discover and develop innovative solutions for international supply chains. The MIT-Zaragoza International Logistics Program is a partnership between the Massachusetts Institute of Technology (MIT) and the Zaragoza Logistics Center in Spain.
The collaborative venture has already launched research projects in three key areas: in-transit visibility, reverse logistics, and postponement strategies.
The three research projects now underway typify the venture’s focus on real-world issues for international supply chains. The in-transit visibility project is determining where and how to generate value from the capability to track the whereabouts and condition of assets in “real-time” while they are moving through the supply chain. The reverse logistics project is investigating ways of optimizing the logistics for both warranty- and repairprograms used by manufacturers in various industries and for regulations such as the WEEE Directive for end-of-life products. The third project is identifying which products, industries, and locations benefit most from a postponement strategy where value-added services, such as product differentiation or assembly, occur closer to the consumer rather than at off-shore facilities. Initial results for the projects are expected in the summer of 2007.
The partnership has already obtained financial support from the EU and from InnovAragón, an initiative of the government of Aragón in northern Spain.
Read MoreCorreos (Spain) launches `Flexible Deposit Extra'
BanCorreos – the new bank brand of Correos – launches to the market a new product, `Flexible Deposit Extra’. It is a traditional deposit, with guaranteed capital and without commissions, and has a yield of Euribor 0.30% less. It allows investing of very flexible form, from only 7 days up to 1 year. The minimum imposition is 600 euros. In addition, it allows anticipated cancellation recovering the invested initial capital.
This formula of customized saving comes to complete the product range of investment of the new brand of financial services of Correos and Deutsche Bank and it is characterized because of its advantageous and competitive conditions (for example, its current accounts without administration commissions nor maintenance), as much for the present clients of BanCorreos like for new potentials users.
From the 15th of February this deposit can be contracted in the 2.000 post multi-service offices of Correos in Spain.
BanCorreos has improved, as well, the conditions of his `Increasing Deposit’. From now on, it remunerates the placed deposits, from a minimum subscription of euro 2.000, with an interest of 3.7% the first year that raises until 3.9% the second year. These new conditions locate the `Increasing Deposit BanCorreos’ between the traditional products of saving that offer a greater yield of the Spanish market.
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