Sat, Nov 21 2009

TNT mulls new logistics depot in Bulgaria

Mon, Jun 23 2008 18:03 CET byElena Koinova 245 Views

International courier company TNT announced intentions to station its new logistics complex for Eastern Europe in Bulgaria, TNT Airways managing director for Eastern Europe Niki Terzakis was quoted by Bulgarian daily Dnevnik as saying on June 23 2008.

Terzakis said that the need for the new depot meshed well with plans for aggressive expansion in Bulgaria, as well as with the availability of a score of high-profile clients with potential interest in using the hub.

According to Terzakis, the main predicament to the development of the transport and courier services were heavy bureaucracy, public administration's inflexibility and the complicated regulatory regimes.

In Bulgaria, TNT is present only through its express transportation services division, its postal business yet to set foot in Bulgaria.

In related news, TNT's international rival DHL announced it would allow Bulgaria's Customs Agency full access for tracking parcels. The motion will be legitimised through an annex to the 2000 memorandum between DHL and the Customs Agency aimed at fighting drug trafficking.

Write comment

Name:Comment:

Generate new code
Send your comment

More in this category

EC suing Bulgaria for Sofia waste disposal failure

The European Commission is taking Bulgaria to court for delays in providing Sofia with adequate waste disposal facilities.

US ambassador-designate Warlick addresses senate confirmation hearing

James Warlick is the spouse of Mary Warlick, director of the office of Russian affairs at the US state department, who has been nominated to serve as ambassador to Serbia

Bulgaria declares flu epidemic at an end

Bulgaria’s Health Ministry announced on November 20 2009 that the flu epidemic declared two weeks earlier is at an end as rates of infection decline. The announcement coincides with reports of two deaths from A (H1N1) flu in Bulgaria.

Bulgarian prosecutors to investigate Dogan’s real estate deals

Acting on allegations by Democrats for a Strong Bulgaria leader Ivan Kostov, prosecutors and Government officials are to probe deals by which Movement for Rights and Freedoms leader Ahmed Dogan acquired various properties.

Sofia prosecutors charge Bulgaria’s former defence minister Nikolai Tsonev

Prosecutors allege that a deal agreed by the former defence minister caused losses of 12.9 million leva.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.