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Panalpina expects goodwill impairment

December 28 - Due to the loss of a major customer in Norway, Switzerland-headquartered forwarder Panalpina has reviewed the goodwill position relating to its acquisition of Norwegian company Grieg Logistics in 2011.

Based on expected business development in Norway, Panalpina has decided to partially write off some its intangible assets regarding Norwegian operations. The company expects an impairment charge of CHF29million to be recorded against the assets in its full-year financial statement 2012.

www.panalpina.com

Heavy Lift | News

STA completes Mozyr delivery thumbnail image

STA completes Mozyr delivery

October 10 - STA Logistic has delivered a reactor tip from Italy to the Mozyr oil refinery in Belarus.
Views: 677
Chernobyl NSC wins project management accolade thumbnail image

Chernobyl NSC wins project management accolade

October 9 - As part of its 50th anniversary celebrations, the Project Management Institute has named Chernobyl’s New Safe Confinement (NSC) as one of the 50 most influential projects of the past 50 years.
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Tilbury2 ro-ro terminal moves forward thumbnail image

Tilbury2 ro-ro terminal moves forward

October 9 - A floating pontoon that will be used to discharge freight ferry vessels at the Tilbury2 terminal at port of Tilbury, UK has been launched.
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Heavy Lift Across The World

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