The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49 - Land transport and transport via pipelines
100 jobs Number of planned job losses
Announcement Date
12 November 2002
Employment effect (start)
1 November 2002
Foreseen end date
Description
Koninklijke Frans Maas Groep N.V. is a leading logistics provider. It performs a broad spectrum of services, from the provision of a complete range of international freight forwarding activities to the assumption of all or part of the goods flow management in complex supply chain management projects.
The company currently has a closely-knit European network of 200 locations in 28 countries, and more than 7,100 employees and an advanced ICT backbone. The European network also includes a series of logistics distribution centres that distribute the goods of several international accounts. Frans Maas performs door-to-door delivery services between Europe and North America in partnership with FedEx Trade Networks, Inc., USA. Goods flows to and from the Far East are handled by the group's own locations and local partners in the Far East.
In 2001 Frans Maas achieved a net turnover of € 998.0 million and a net profit of € 12.3 million.
Sources
Citation
Eurofound (2002), Frans Maas, Internal restructuring in Germany, factsheet number 60250, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60250.
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