Independent journal on economy and transport policy
08:13 GMT+1
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CEVA Logistics Italy has exited the judicial administration procedure
The measure was applied on 6 May
March 3, 2020
Emphasizing that "this measure, which comes in three months ahead of the administration's expiry confirms the effectiveness and timeliness of the actions put in place by the new property and the new CEVA management in Italy, which replaced the previous one in the discontinuity', the company specified 'In terms of the revision of the model, the Court management and control organisation, the company in administration has observed the whole period prescriptive at the point of revisiting and discounting the project and as such, the goal of re-legalisation must also be consider themselves to be reached."
CEVA Logistics Italy highlighted that, as part of this process, last November its board of directors approved the new 231 organizational model, which consists of code of ethics and an institutional protocol of the body supervision, and the new selection, qualification and monitoring of counterparties that specialise in the provision of logistics services. The Board of 11, the company said, had also took note of the new procedural body, which was updated and revised to make it compliant with the organization chart in addition to the overhaul of internal control systems, aimed at improving the procedures for managing Labor.
The managing director of CEVA Logistics Italia expressed satisfaction with the milan Tribunal's provision: "The company," commented Christophe Boustouller, "reiterates will to follow up on their efforts and commitment to the adoption and implementation of the procedures best practices that qualify it as a positive and successful model logistics sector."
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Emphasizing that "this measure, which comes in three months ahead of the administration's expiry confirms the effectiveness and timeliness of the actions put in place by the new property and the new CEVA management in Italy, which replaced the previous one in the discontinuity', the company specified 'In terms of the revision of the model, the Court management and control organisation, the company in administration has observed the whole period prescriptive at the point of revisiting and discounting the project and as such, the goal of re-legalisation must also be consider themselves to be reached."
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
