Tag: TNT

TNT Portugal sees 2005 turnover up 12 Pct Y/Y

Posted by | Oct 7, 2005 | |

TNT Portugal projects to generate a turnover of 39 mln euro (USD47.5 mln) for full 2005, up 12 pct year-on-year, it was reported on October 3, 2005. In comparison, the company’s turnover totalled 34.5 mln euro (USD42 mln) in 2004.
TNT Portugal projects also to process some 60,000 tonnes of parcels in 2005. Letters processed by the company are estimated to round 2.6 million at the end of 2005, compared to 2.3 million in 2004. The number of the company’s clients is expected to increase by some 15 pct compared to 2004, when they totalled 11,042.

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TNT Romania sees 40percent rise in 2005 turnover

Posted by | Oct 7, 2005 | |

Express delivery services company TNT Romania, a subsidiary of the Dutch TNT Express, said on Friday it expects a 40% rise in turnover this year, to 23 million euro (USD27.9 million), due to higher number of clients and bigger transported volume. The company gave no profit or loss projections for the current year. “The results we registered in the first six months confirmed the forecast of a 40% rise we made as early as the beginning of this year,” a TNT Romania marketing expert, Monica Anita, said in a statement. The company’s turnover rose 33% last year.

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TNT says it finds evidence of illegal acts in tax

Posted by | Sep 23, 2005 | |

TNT NV said it has found evidence past tax transactions were handled illegally, sending the shares down as much as 8.1 percent, the most in four years. The company, based in the Dutch city of Hoofddorp, is probing tax matters in the UK as well as the tax position of some non-UK subsidiaries, TNT said a statement on its Web site. TNT spokeswoman Daphne Andriesse declined to give further details. TNT, which employs 161,000 people and delivers packages around the world, in March last year took a charge of 59 million euros (USD72 million) for underestimating UK tax liabilities. TNT may face tax claims of as much as 400 million euros, including interest and possible fines, Dutch daily De Telegraaf reported, without saying where it got the information.

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TNT eyes new mail, express partnerships with China

Posted by | Sep 15, 2005 | |

TNT NV said it hopes to expand its express parcel services with China Post and develop a new partnership in its mail division to service a planned national direct marketing operation. TNT chief executive officer Peter Bakker told XFN-Asia that he believes that express or parcel freight operations have the greatest growth potential in China for the Dutch company, which provides logistics, express and mail services. ‘The biggest opportunity will be in express operations, the parcel freight operations,’ he said in an interview, predicting it will eventually overtake the firm’s current business leader — logistics – in importance. TNT’s express service in China was a stand-out performer in the group’s interim results for the second quarter 2005, growing at over 27 pct compared to 12.8 pct recorded for express services across the rest of the world excluding Europe. Bakker said that until now the company has not had its own international parcel service for China.

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Dutch TNT to equip vehicles with smoke filters

Posted by | Sep 13, 2005 | |

TNT NV will equip its 4,500 operating vehicles with smoke filters, the company’s chief executive officer (CEO) Peter Bakker said on September 13, 2005. According to Bakker, it is crucial that TNT contributes to a clean environment. TNT, together with the Dutch Ministry of Housing, Spatial Planning and Environment (VROM), will conduct a study on the types of smoke filters, that are suitable for the company’s various diesel cars and vans. The study is to be completed by the middle of 2006, after which the subsidy from the ministry for the so-called retrofit will be utilised.

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