CEVA Logistics consolidates its collaboration with PC City in Spain
09 June 2009 - 12:21 CET
CEVA renews and extends contracts with PC City for three yearsSubirats, Spain, 9 June, 2009 - CEVA Logistics, one of the world's leading supply chain management companies, has renewed and extended its contract in Spain with PC City. CEVA is already responsible for all manipulation and storage activities for PC City in Spain and will now also control the product distribution to the store network in the country.
"Thanks to the deployment of the LEAN culture in our site, we are obtaining significant improvements in quality operation for the customer and at the same time, experiencing an even more highly motivated work force." explains Bart Beeks, Director Technology Division & Consumer of CEVA in Iberia. "We are pleased with the confidence that PC City has demonstrated in CEVA by renewing our existing contract and adding new activities to it, for example, the distribution management from our multi-user logistic centre in Ontigola, South of Madrid, to all PC City stores in Spain".
Jaime Caro, Business Development Director of PC City, commented that "By the extension of the storage contract renewed to cover three years of manipulation and storage, we want to reaffirm our confidence in the service provided by CEVA Logistics. The scope of this new contract will allow us to control and direct the variations of our logistic costs based upon the volumes demanded by our stores and also allow us to be to efficiently meet the new challenges that our business plan could raise".
For more information please contact:
Valérie Chevrier
Marketing and Communication Manager
+ 34 93 516 54 00
Valerie.chevrier@cevalogistics.com
CEVA. Making Business Flow
CEVA Logistics is a global company leader in chain provision management; specialized in designing and implementing complex operative solutions in contract logistic as transitory services, for national and multinational companies. CEVA uses in the world, approximately 50,000 people and administers an ample global network with presence in more than 100 countries. To end of the fiscal year of the 2008, the Group has reported income of 6,300 Million Euros.
CEVA is present as much in Spain as Portugal and uses more than 1000 people; it administers a network of 17 logistic centers and counts on 9 delegations. In 2008, CEVA has declared income in Iberia of more of 100 M€.
For more information please visit: www.es.cevalogistics.com.
About PC City España
PC City, specialist company leader in the computer science product distribution, is part of DSG International (former Grupo Dixons), present in 28 European countries and more than 1,370 stores all over Europe. It has operated in Spain since 2000 comprising of 41 stores and 1,600 employees. The PC City stores feature the latest models with the best prices, in portable, TVs, hard disks, printing, software, MP4, digital cameras, consoles, games and hundreds of accessories. PC City is the number one for sale of computers online through:
www.pccity.es
www.pccityempresas.es
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
