Circle SpA ( (IT:CIRC) ) has issued an announcement.
Circle S.p.A. has launched a strategic project through its subsidiary eXyond to enhance IT interoperability among national logistics nodes, aligning with European directives and the National Recovery and Resilience Plan. The project, with a total investment of 400,000 euros, aims to integrate different intermodal logistics nodes and ensure compliance with European technological standards, ultimately impacting the Italian and European intermodal freight transport ecosystem. The initiative is part of Circle’s ‘Connect 4 Agile Growth’ strategic plan and is expected to be completed within 12 months, contributing to a more integrated, efficient, and sustainable logistics system.
More about Circle SpA
Founded in Genoa in 2012, Circle S.p.A. is an Innovative SME leading the Circle Group, specializing in the analysis and development of products for innovation and digitization in the port and intermodal logistics sectors. The group also provides international consulting on Green Deal and energy transition issues. Circle Group includes various software and consulting companies, offering solutions like Milos® suites, Extended Port Community System, and StarTracking®, among others, to enhance efficiency and digitization in logistics and supply chains.
YTD Price Performance: -22.03%
Average Trading Volume: 9,641
Technical Sentiment Signal: Buy
Current Market Cap: €29.94M
See more data about CIRC stock on TipRanks’ Stock Analysis page.